A minimum length of stay MinLOS is a smart way to get more value out of your occupancy. By applying a minimum number of nights at the right moments, you attract guests who stay longer, increase your revenue, and at the same time reduce operational pressure. In this blog, you will learn how it works and how to set it up in RevControl.
You can debate endlessly whether Artificial Intelligence will ever fully take over revenue management. But let’s set that discussion aside for now. What is interesting is how you can use automation in a smart way without losing control over your pricing. Small hint: it all comes down to having a strong revenue management system.
Our smart algorithms calculate the most accurate forecast possible based on multiple data points. One of the key data points in this process is pickup. But what does this KPI actually mean, and how does it help you make better pricing decisions?