BLT (Booking Lead Time)

Booking Lead Time measures the number of days between the booking date and the arrival date
and summarizes how early or late guests commit to stays.
Why it matters:
Changes in BLT affect forecast accuracy, pricing decisions, and promotional timing.
Practical use:
Revenue managers adjust pricing strategies when BLT shortens or lengthens unexpectedly.
Real-life examples:
A sudden shortening of BLT before an event signals last-minute demand, allowing the hotel to
increase rates instead of discounting.