Your December rates are being decided in October

Most Bali hotels start thinking about Christmas and New Year rates in late November.

By then, a share of those nights is often already sold, at whatever rate was loaded months ago.

Three checks worth doing this week:

1. Open your on-the-books report for 20 Dec – 5 Jan. Compare it with the same dates last year at the same point in time. Ahead, behind or flat? That one comparison tells you more than any forecast.

1. Look at the rate those rooms sold at. If the peak nights sold at your standard high-season rate, the next rooms on those dates should not go at the same price.

1. Check your minimum stay rules for the 30 and 31 Dec. A one-night booking on 31 Dec can block a longer, more valuable stay.

None of this needs a big project. It needs someone looking at future dates every day, not once a month.

That is the job we built Revbot for: it reads your PMS, rate shopper and channel manager data and adjusts rates daily within the rules you set.

Want to see it on your own dates? Request a free 7-day demo at revbot.id.

#hotelrevenue #Bali #revenuemanagement