Hotelogix

JANUARY 19, 2025

Identify & Analyze Competition Why it matters: Staying competitive requires understanding your market. Steps to Analyze Competitor Pricing: Track room rates across OTAs and direct websites. Key Pricing Strategies: Dynamic Pricing : Adjust rates based on real-time occupancy, demand, and competitor rates. amenities, luxury).

Minimum Length of Stay 40

Minimum Length of Stay Occupancy Forecasting Revenue 40

Little Hotelier

JULY 10, 2023

For example, if you set a minimum stay of two nights, no guest will be able to book a stay shorter than that. Minimum length of stay (MLOS or MinLOS) restrictions can be used across all your rooms or a select few that you choose. Why do hotels use MLOS?

Minimum Length of Stay 75

Minimum Length of Stay Occupancy Average Length of Stay Revenue 75

Hotelogix

NOVEMBER 19, 2023

As a hotelier, boosting the occupancy rate is critical to running a successful business. In a highly competitive industry, you must attract and retain guests to increase your property's occupancy rate and revenue. This article will explore various ways to improve hotel occupancy rates and the role of technology in it. 

Occupancy 59

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

Little Hotelier

OCTOBER 11, 2023

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. You accept longer duration stays and reject shorter duration stays for arrival.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

gcommerce

MAY 3, 2024

However, while these bookings once seemed advantageous, they often come at the expense of reduced profitability for hotels, which prompts a strategic pivot towards maximizing direct hotel bookings over OTA channels. Or when occupancy is healthy but not 100% you can use this tool to help enforce minimum length of stays.

Minimum Length of Stay 52

Minimum Length of Stay Market Marketing Email Marketing 52

Xotels

APRIL 3, 2024

Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Long-stay amenities (kitchenette, in-room working/living area etc.).

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

APRIL 3, 2024

Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Long-stay amenities (kitchenette, in-room working/living area etc.).

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40