Remove Cancellation Remove Minimum Length of Stay Remove Operations
article thumbnail

Hotel peak season: Strategies for small hotels

Little Hotelier

Review your length of stay restrictions Length of stay strategies can boost your revenue when you expect a high volume of bookings coming your way. Minimum length of stay You apply a minimum length of stay when you anticipate a period of high demand followed by low demand.

article thumbnail

Hotel Revenue Management Strategies

Xotels

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. The graph considers cancellations and identifies peak or slow booking days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Most Effective Hotel Room Pricing Strategies to Boost Revenue

Hotelogix

In this case, you might get more guests, but it would be too difficult to cover your operational costs. You should modify your room pricing either based on maximum length of stay or minimum length of stay to enhance occupancy. Determining the right hotel room rate is not an easy task.

Revenue 52
article thumbnail

Top Revenue Management Strategies for Hotels

Xotels

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. The graph considers cancellations and identifies peak or slow booking days.