eZee Absolute

JANUARY 27, 2025

According to Bangkok Post , during Songkran 2024, the average booking value surged by a remarkable 30% , thanks to longer trips and more packed itineraries. This guide explores actionable strategies, expert insights, and modern tech tools to help you maximize bookings, optimize operations, and deliver unforgettable Songkran experiences.

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Revenue Hub

JANUARY 30, 2024

The source of a reservation is known as its booking source, and all hotel booking sources fall into one of two primary categories: direct and indirect sources. Guests and clients may reserve guestrooms and event space using hotel booking software on your website, calling the hotel, or simply walking in.

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Revenue Hub

AUGUST 1, 2023

A hotel booking site, also known as an online travel agency (OTA) , is a platform where travellers can book accommodations over the internet. The best hotel booking sites can list a large number of hotels from various regions, providing travellers with a wide array of options to choose from.

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SiteMinder

APRIL 16, 2024

New data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, reveals a 70% rise in the average booking lead time for hotels in Vietnam, following a sharp rise in international arrivals in 2023. The data was revealed by SiteMinder at the 7th Hospitality Vietnam Conference.

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Hotel Business

NOVEMBER 14, 2023

Holiday booking prices This holiday season, travelers are generally paying less for domestic trips compared to last year and more for international vacations. The one exception is airfare, which is slightly more expensive for domestic flights this season and a bit lower for international flights. from last year.

Pricing 102

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SiteMinder

SEPTEMBER 6, 2023

How hotels can increase staycation bookings Independent hotels are in the best position to benefit from the current staycation trend. There are eight recommended methods to boost your chances of attracting more guests and driving more bookings: 1. Streamline your booking system to be as intuitive and user-friendly as possible.

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SiteMinder

APRIL 3, 2025

Sydney, Australia Hotel bookings for the 2025 Easter holiday have risen by 16.8% The data, comparing bookings at the same properties across nine markets 30 days before Easter in both 2024 and 2025, reveals not only stronger demand but travellers securing their accommodation earlier and increasingly looking beyond their home countries.

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Hotel Owner

FEBRUARY 3, 2025

SiteMinders annual Hotel Booking Trends report is the authority on hotel bookings across 20 top destinations, based on 125M+ bookings from the 44,500+ hotels using SiteMinder’s platform. Coverage of SiteMinders Hotel Booking Trends , including in Hotel Owner , has highlighted various key findings.

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Hotel Business

MAY 16, 2023

More Americans are planning trips and booking them earlier, despite inflation. This summer travel season could be one for the record books, especially at airports.” Despite high ticket prices, demand for flights is skyrocketing. AAA booking data shows a 40% increase in airfare to this year’s top destinations.

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Hotel Business

DECEMBER 15, 2023

This year’s total number of domestic travelers is a 2.2% Average ticket prices are slightly lower than last year. According to AAA booking data, the average price for a roundtrip ticket to Orlando this holiday season is $613, down from $735 last year. AAA projects 115.2 AAA projects 7.5 million passengers.

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InnQuest

JUNE 6, 2023

Emergence of alternative lodging options: Firstly, it is clear that OTAs have become an integral part of the travel and hospitality industry, providing a convenient and efficient platform for travellers to book accommodations and experiences. To learn about hotel pricing strategies to boost revenue in 2023, read this.

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Revenue Hub

AUGUST 29, 2024

NB: This is an article from Userguest , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date One of the key factors in this strategy is recognising the importance of seasonality and understanding your key markets’ booking lead times.

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STAAH

OCTOBER 25, 2022

From effectively using the channel manager for distribution management to leveraging products such as Precium from Redsky that takes over from a skilled revenue manager to provide pricing recommendations based on analytics. Demand and pricing. When Covid hit, many destinations quickly moved to attract domestic guests.

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SiteMinder

FEBRUARY 14, 2024

Meanwhile, understanding demand trends allows for dynamic pricing strategies, maximising occupancy and revenue during peak periods and stimulating demand when needed. Domestic tourism trends The essence of domestic travel, where the journey begins and ends within the same country, is undergoing a remarkable transformation.

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Hotel Business

DECEMBER 16, 2022

And, despite rising prices for both domestic and international flights (up 52% YoY for domestic and 29% YoY for international), high prices don’t appear to be discouraging U.S. But booking last minute, while on-trend, won’t necessarily get you a great price. travelers from taking bucket list trips in 2023.

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Hotel Owner

MAY 20, 2024

It is estimated that in 2021 alone, domestic travel accounted for 96% of the UK’s total travel and tourism expenditure while two years prior, in 2019, it represented 81% of the total expenditure. In 2023, the share of Britons taking a domestic summer holiday, or staycation, in the UK increased by 50% compared to the previous year.

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Revenue Hub

SEPTEMBER 12, 2023

Subscribe to our weekly newsletter and stay up to date By understanding the different types of guests a hotel attracts and tailoring pricing and marketing strategies accordingly, hotels can unlock significant revenue potential. These characteristics can include demographics, psychographics, booking patterns, and more.

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Revenue Hub

JANUARY 13, 2023

China’s decision to ditch its zero-Covid policy has triggered a surge in flight bookings. Domestic flight bookings immediately surged 56% on the previous week and continued to increase 69% the following week. 67% of bookings made between 26th December and 3rd January were for travel during the Chinese New Year period.

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Revenue Hub

APRIL 13, 2023

Subscribe to our weekly newsletter and stay up to date With concern over a possible recession and rising energy prices we see if this translated into a downturn in anyway. Finally, were there any pricing pressures that came through into the market.

Marketing 98

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Revenue Hub

FEBRUARY 28, 2023

Subscribe to our weekly newsletter and stay up to date For hotel revenue managers and marketers, maximizing hotel revenue through direct bookings is a top priority. Improving booking engine conversion Personalization is the key to increasing conversion rates. Exit message on the booking engine 2. Layer on homepage 3.

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Book Pricing Article Communication 96

SiteMinder

SEPTEMBER 20, 2022

A variety of traditional marketing strategy models exist which are applicable to the hospitality industry, from the 4 Ps (Product, Price, Place or in the hotel world channel, Promotion) to the 7 Ps (add People, Process, Physical evidence). Today this primarily means availability across booking channels. Update your photos.

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InnQuest

MARCH 23, 2023

billion in 2023. Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through online sales by 2027, reaching a market volume of US$7.27 in 2023, with domestic travel increasing by 16.9% of customers are male and 52.3%

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Hotelogix

SEPTEMBER 17, 2024

These websites allow people to quickly book rooms at your hotel from anywhere in the world. In this article, we'll explore the best online travel agencies for hotels and explain how they can help you increase bookings. An Online Travel Agency (OTA) is a website where people can book flights, hotels, and other travel services.

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Revenue Hub

NOVEMBER 17, 2022

Projected Increase in Flight Prices. Thanksgiving airline prices are 25% higher than 2019, and Christmas airfare prices are already 55% higher than 2019. Thanksgiving airline prices are 25% higher than 2019, and Christmas airfare prices are already 55% higher than 2019. Shifting Traveler Behavior.

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Pricing Book Article Budgeting 96

Revenue Hub

FEBRUARY 22, 2023

Read more about the key takeaways from our latest report , including the popularity of “flexcations” and the anticipated impacts of price sensitivity on travel planning. While overall intentions to travel are high, traveler spending behaviors are expected to evolve, pointing to the growing importance of price and value.

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Pricing Article Information Book 98

Boutique Hotel News

MAY 4, 2023

That spending boost is likely to come primarily from consumers booking staycations, with 1.8 On the other hand, 53 per cent of UK consumers will choose not to celebrate the Coronation, instead using the additional time off to shop, eat out or go on short breaks, representing a welcome boost to the domestic travel and tourism sector.

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Revenue Hub

OCTOBER 17, 2023

Given the varied guest profile and seasonality of the region, the management recognized the need for a flexible and responsive pricing strategy. Since the system’s deployment, Lavender Heights has seen a 15% increase in revenue and a notable rise in off-peak season bookings, validating their tech-forward approach.

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STAAH

NOVEMBER 8, 2022

The second of our two-part blog series on revenue management looks beyond challenges towards trends emerging from dwindled demand, patchy recovery and flipping of established revenue management processes to forecast and inform pricing. All experts we spoke to highlighted shorter booking windows as the strongest trend coming out of Covid.

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Revenue Hub

MAY 31, 2024

Gen Zers and millennials who responded to our survey are planning a nearly equal number of international and domestic trips in 2024, no matter their country of origin, whereas older generations are planning to take roughly twice as many domestic trips (Exhibit 2).

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Article Budgeting Pricing Book 109

InnQuest

NOVEMBER 21, 2022

The segment of customers that are apprehensive about the increased cost of travel are not necessarily going to avoid it altogether; instead, there may be a rise in domestic travel as many countries saw during the pandemic. Boost Your Bookings and Optimise Rates. Unfortunately, the trend of booking to cancel is still occurring.

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Hotel Business

NOVEMBER 21, 2022

AAA has compiled a list of the top domestic destinations based on flight, hotel and rental car bookings for Thanksgiving week. ” Average hotel booking costs are up 8% compared to 2021, but hotel prices in some cities like Las Vegas and Denver are lower this year. from 2021—car travel remains 2.5%

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Hotel Owner

JANUARY 27, 2025

Hotel websites outperformed all other booking sources in driving revenue per booking in 2024, by as much as 60%, according to a new report by SiteMinder. Lead times at UK properties extended for the fourth consecutive year, with the average booking window surpassing 35 daysfour days longer than the global average.

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SiteMinder

JULY 15, 2024

What is booking lead time? Booking lead time is the time between a guest making their booking and arriving at your hotel for their stay. For example, a guest who books your hotel on the 17th of July and arrives on the 31st of July has a booking lead time of 14 days. days in previous years to 36.43

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Hotel Business

NOVEMBER 20, 2024

Gas prices are lower this Thanksgiving season compared to 2023. Falling oil prices this autumn may help push the national average below $3 a gallon for the first time since 2021, and that could happen before drivers hit the road for Thanksgiving. million people will fly domestically this holiday. AAA projects 5.84

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Book Pricing Training 59

SiteMinder

JUNE 29, 2023

What is a hotel booking site? A hotel booking site, also known as an online travel agency (OTA) , is a platform where travellers can book accommodations over the internet. These sites often provide comprehensive information about the hotel, including room availability, amenities, prices, location, and user reviews.

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Book Pricing Information Marketing 52

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

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Hotel Owner

JANUARY 19, 2023

As a result, the general trend across Europe – including the UK – is really much more domestic. In FY19, the last full trading year pre-pandemic, we saw a 50/50 split between domestic and international travel, while in FY22 we saw that domestic stays increased to 70% and only about 30% were abroad.

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