Little Hotelier

JULY 10, 2023

Minimum stay is a policy, or restriction, that you can set at your property which dictates how guests can book their reservation. For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. The post Minimum stay (MLOS): What is it and how can it be used?

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Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

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Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

NOVEMBER 13, 2023

2 Forecasting-Based Pricing It is all about tweaking your hotel room price while forecasting the number of rooms that would be available for future dates. That’s how a proper forecasting would allow you to make necessary changes in your room rates, based on demand and expected occupancy.

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Revenue Occupancy Forecasting Minimum Length of Stay 52

Hotelogix

NOVEMBER 19, 2023

Data analytics and forecasting tools like revenue management systems can help with this. Implement length of stay: By setting minimum or maximum length of stay restrictions, you can have a steady flow of guests throughout both peak and low seasons.

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Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59