Hotelogix

JANUARY 19, 2025

Historical Forecasts Historical data helps you predict future demand and optimize rates. How to Use Forecasting: Analyze past trends for high-demand and low-demand periods. ” Minimum Length of Stay Encourage extended bookings during high demand. Example: “Stay 3 nights and get a special rate.”

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Minimum Length of Stay Occupancy Forecasting Revenue 40

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?

Minimum Length of Stay 75

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.

Revenue Management 76

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.

Occupancy 59

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

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.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40