Remove Average Length of Stay Remove Market Research Remove Overbooking
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What is Yield Management: Guide for Hotels

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This can involve overbooking strategies to account for last-minute cancellations or no-shows. This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). This strategy aims to ensure maximum occupancy.