SiteMinder

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. It can be calculated by multiplying your average daily rate by your occupancy rate.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

MAY 16, 2023

Additional data from SiteMinder’s Hotel Booking Trends indicated that the average length of stay is also on the rise, with 2022 recording longer stays than previous years. This was particularly true for Spain in summer, which had the longest average stay length in August.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93.

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

Little Hotelier

NOVEMBER 6, 2023

The best revenue optimisation solutions will offer up insightful data to help guide your efforts.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

JUNE 2, 2022

Consider the following when actioning a revenue management strategy: RevPAR – Revenue per available room gives you an idea of your ability to fill your rooms at an average rate. It can be calculated by multiplying your average daily rate by your occupancy rate.

KPI 52

KPI Revenue Occupancy Hotels 52

Hotelogix

OCTOBER 14, 2023

Average Daily Rate or ADR The Average Daily Rate or ADR is a popular KPI for hotel industry. The ADR is the average rate at which each room at the hotel was sold on a given day. It is calculated by taking the Average room revenue and dividing it by the total number of rooms sold.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

OCTOBER 10, 2023

Here’s how to get started: Understand key metrics Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Total Revenue are essential metrics included in comprehensive revenue forecast reports. Occupancy rate The occupancy rate indicates the percentage of rooms occupied over a specific period.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52