Cloudbeds

SEPTEMBER 18, 2024

Data analytics is the cornerstone of successful hotel operations. For hotels, that involves collecting and analyzing data across various sources, including your hotel website, social media channels, online travel agencies (OTAs), surveys, and more. That’s where hotel software comes into play. Revenue management KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40

SiteMinder

FEBRUARY 13, 2023

The average hotel booking cancellation rate dropped to about 20% compared to 25% in 2021, with hotels in Ireland experiencing the highest rate (26%) and Indonesia the lowest (10%). Travellers showed a continued openness to book directly with hotels in 2022, despite OTAs regaining ground.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. Hotel operations are incredibly varied, with many moving parts that interact with and support one another.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Little Hotelier

NOVEMBER 6, 2023

The best channel managers allow you to seamlessly connect with all of your OTAs and channels, and give you clarity and control over all pricing. Channel management Optimise the revenue potential of all your booking channels with a dedicated solution.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

Cloudbeds

MARCH 20, 2023

It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience. When lodging operators divide guests into segments, they can be more targeted in promotions, communications, and guest services to increase revenue, guest loyalty, and guest satisfaction.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

SiteMinder

JUNE 12, 2024

Instead, they’re exploring sophisticated indicators like GOPPAR to gain a holistic view of their operations. It’s not just about how much a guest pays for a room, but also about how their entire stay can be enhanced and monetised. They’re not just satisfied with traditional metrics like ADR or RevPAR.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

TravelNet

NOVEMBER 9, 2022

HomeToGo has the power and reach of a large, international OTA with the characteristics of a direct booking experience with benefits such as direct guest communication by providing guest contact information once you receive a booking, ability to use your own cancellation policies and allowing property managers to be the merchant of record.

Cancellation 52

Cancellation Average Length of Stay Management Revenue 52

SiteMinder

NOVEMBER 30, 2023

Here are the tourism statistics that stand out: While OTAs are the preferred method of booking for 27% of French travellers, this preference is a lot higher amongst its international source markets with China leading the pack at 55%, 37% for the UK and 34% for Germany. Tourists spend an average of 167 USD per day in Thailand.

Travel 52

Travel Accommodation Tourism Hotels 52

Hotel Business

MARCH 16, 2023

Our mission is to arm owners and operators with clarity as they navigate the ever-changing travel landscape.” Booking source In 2019, OTA-sourced bookings made up 57% of all reservations, while non-OTA bookings made up the remaining 43%. The next most popular length of stay was three-four nights.

Average Length of Stay 52

Average Length of Stay OTA Occupancy Digital Marketing 52