Hotelogix

JANUARY 19, 2025

Cost-Plus Pricing: Add profit margins to operational costs to determine rates. 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. Example: “Stay 3 nights and get a special rate.”

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

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

In this case, you might get more guests, but it would be too difficult to cover your operational costs. 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. Determining the right hotel room rate is not an easy task.

Revenue 52

Revenue Occupancy Forecasting Minimum Length of Stay 52

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