occupancy

Compression nights across the U.S. peaked in 2015 and have been declining ever since. Supply and demand are major factors affecting compression, but it’s affecting hotels more than short-term rentals

After the peak season comes the shoulder season, and eventually the low season, and you’ll have to struggle with attracting guests and reaching maximum hotel occupancy. This is the harsh reality.

Your demand forecast provides a strong foundation for an effective growth strategy, and it leads to a number of downstream positive effects on metrics and bottom-line income

The occupancy rate is a widely tracked metric for any hotel. One of the first steps in measuring the performance of your hotel is looking at its occupancy rate. First, […]

Contra, barter, trade outs, exchanges – they are all the same thing. Exchanging goods and or services is older than currency and it’s still used today, especially in hospitality. How […]

Given that tourism is a global industry consuming a diversity of goods and services, the prediction of future trends needs to take account of the wider economic context, according to […]

Running an accommodation business of any size is no easy feat, but small property owners in particular have unique challenges as they juggle everything from pricing to housekeeping on a […]

The present hotel cycle is defying conventional expectations of late-cycle Revenue Per Available Room (RevPAR) behavior. Over the previous two cycles, recovery began primarily with occupancy. As the cycles continued, […]

Occupancy does not by its nature grow average daily rate, and industry experts said revenue managers and GMs must fully rely on rate increases independent of occupancy. Panelists at the […]

Hotel overbookings have been quite a repetitive term in the hospitality industry. Ever wondered what that is? Hotel overbookings are the condition a hotel faces when a single hotel room […]