How do you optimize length of stay for luxury hotels in high-demand markets?
Length of stay (LOS) is a key metric for hotel revenue management, as it measures how long guests stay at your property and how much revenue they generate. However, optimizing LOS is not a one-size-fits-all strategy. Different hotel types and markets have different demand patterns, seasonality, booking behaviors, and competitive factors that affect the optimal LOS for each segment. In this article, we will focus on how to optimize LOS for luxury hotels in high-demand markets, such as New York, London, or Paris, where demand often exceeds supply and rates are high.
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JL Suarez, MBA🏆 33 x LinkedIn Top Voice: 🚀Senior Manager of Corporate Insights, Analytics, and Data at Holiday Inn Club…
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Anurag BajajPresident & Founder at Strategic Hospitality Services | Leading Hospitality Innovator
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Nikhil KapurTransformative Wellness| Ananda-in the Himalayas|Oberoi Hotels & Resorts|Hyatt & Ista Hotels Spa |Pre-Opening|Luxury…