Little Hotelier

OCTOBER 11, 2023

Closed to arrival You apply closed to arrival dates when you have very high demand, so you expect to reach maximum occupancy through stay overs as opposed to new arrivals. You don’t accept reservations for arrivals on the day in question, and only allow guests staying through from previous nights.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

SiteMinder

JUNE 12, 2024

Instead, they’re exploring sophisticated indicators like GOPPAR to gain a holistic view of their operations. This can involve overbooking strategies to account for last-minute cancellations or no-shows. Today’s revenue managers, equipped with advanced tools and analytics, are delving into a more granular level of data.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. Operational, financial, and revenue management forecasting are distinct yet essential contributors to revenue optimisation.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. Operational, financial, and revenue management forecasting are distinct yet essential contributors to revenue optimisation.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40