reservations

A high occupancy rate depends on how your hotel is implementing technological trends and keeping guest safety at the top of your properties

Mid-week occupancy can be difficult to maintain but when you pull the right strings on social media capturing guest attention becomes simpler

You can’t control the number of people who decide to travel. This means hotel revenue will be taking a hit so you must focus on upselling.

Hotels cannot simply shut down again amid spikes, but they also cannot stay profitable without raising occupancy rates – the traveler pool is smaller now

A Staycation allows you to effectively fulfil your role as part of the local chain of the industry and supplement the revenue imbalance caused by lockdown

Many hotel brands and management companies are touting flexibility around guest cancellation polices and loyalty status but some are being cautious

Restaurants that allow diners to book reservations on a flexible schedule can increase revenues by up to 21 percent over those that use rigid timings

Setting up or restarting technology you may have paused can be an ordeal. Start now and be ready from Day 0 to make the most “rush hour demand”

It is important to consider what occupancy rate will allow a hotel to sustain operations, with the hope break-even occupancy rate is only short-term

While consumer expectations and confidence will be a big driver of mid-to-late recovery trends, the first signals leading to initial demand growth will be policy change