Got a general question for hostel owners/managers - how far in advance do you open your hostel's availability for OTA booking?
Currently, we take bookings no more than 3-4 months in advance. It seems like the bookings we get further out than that translate to a high percentage of cancellations, no-shows, changes, and other issues. Also, our primary target is backpackers that usually don't book more than a week out, so I like to avoid "dead" reservations that can clog up space for the late bookings and walk-ins that I want to attract (would estimate that of my 50 best guests in the past year, at least 50% were walk-ins).
So far, it seems to have worked out ok, but I'm asking because I've been told twice in the past week that I'm doing it wrong. Once was from booking.com, so I take it with a grain of salt, but the other came from someone I respect. Both said that I should have AT LEAST 6 months of open availability.
Any thoughts?
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