article thumbnail

Hotel metrics: How to measure performance in the hotel industry

SiteMinder

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.

article thumbnail

Top 7 KPIs every hotelier must track

Hotelogix

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. Average Daily Rate or ADR The Average Daily Rate or ADR is a popular KPI for hotel industry.

KPI 52
article thumbnail

Hotel rate management: Best software to use

SiteMinder

It’s not just about setting the right price, but also about adjusting it in response to market changes. This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance.