SiteMinder

JUNE 12, 2024

This includes offering tailored packages, suggesting room upgrades, promoting in-house dining experiences, and even curating special entertainment events. For instance, if a hotel expects high occupancy due to an upcoming event in the city, they can ensure adequate staffing and inventory to cater to the influx of guests.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Little Hotelier

OCTOBER 11, 2023

hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. 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.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Cloudbeds

APRIL 8, 2024

Travelers should have full transparency when looking at your booking engine’s calendar to see restrictions like length of stay, closed-to-arrival, and closed-to-departure so they can easily choose dates without running into errors. Transparency. First impressions matter.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

DECEMBER 7, 2023

Adaptability to market conditions : The hospitality market is fluid, influenced by various external factors like local events, economic shifts, and even weather patterns. External factors such as the season, competitors, and events mean you’ll have constant work to do adjusting your rates. The possibilities are endless – almost.

Management 59

Management Average Daily Rate Occupancy Revenue 59

Xotels

APRIL 3, 2024

For analysing market situations, the demand calendar includes key indicators such as RevPAR (Revenue Per Available Room) and demand levels from the previous year, along with factors like groups or events, bank holidays, school holidays, and exceptional demand indicators for the current year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

For analysing market situations, the demand calendar includes key indicators such as RevPAR (Revenue Per Available Room) and demand levels from the previous year, along with factors like groups or events, bank holidays, school holidays, and exceptional demand indicators for the current year.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40