Hotel Revenue & Management Blog

What is the meaning / definition of Lifestyle Hotel in the hospitality industry? Similar to a boutique or a luxury hotel, a Lifestyle Hotel is not a ‘proper hotel category’ but can be defined through specific characteristics. Those characteristics are similar to a boutique hotel. They are both unique in their character and very distinctive. The attributes associated with a [...]

What is the meaning / definition of Length of Stay Discounts in the hospitality industry? Also known as Tiered Pricing, it is a price discount system for guests who stay a preselected amount of days or nights. Length of Stay Discounts are used to encourage guests to book for longer periods of time than originally anticipated. This discount is used [...]

What is the meaning / definition of Lead Time Restriction in the hospitality industry? At a hotel, the time taken between when a customer makes a reservation and their actual arrival is called the Lead Time. Sometimes this time period has to be restricted. Integrating a Lead Time Restriction into a hotel’s booking system is something all hotel Reservation Teams [...]