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Effective Hotel Sales Strategies to Increase Revenue

Hotelogix

Track and Analyze Performance to Refine Strategies Monitor Key Metrics: To know if your sales strategies are working, you need to track key metrics such as: Occupancy Rate: How many of your rooms are being booked? Average Daily Rate (ADR): What's the average price per room per night?

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Hospitality Group and Business Performance Index by Knowland and Amadeus Shows Tampa, Las Vegas, and San Diego Leading U.S. Group Revenue Recovery in Q3

Amadeus Hospitality

Group bookings are calculated using occupancy and average daily rate (ADR). The Index combines event data from Knowland with hotel booking data from Amadeus to give both individual and aggregate views of the key drivers of hotel performance and is updated on a quarterly basis. markets have recovered 99.1%

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Hospitality Group and Business Performance Index from Knowland and Amadeus Shows Q2 2023 Group Revenue Recovery in 14 of Top 25 US Markets

Amadeus Hospitality

Launched in June, the Index was designed to help hotel sales teams and operators identify the top markets driving group business, enabling hotel sales teams to strategically target these markets and drive increased sales. Growth or declines in ADR can offset room night performance.

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The role of data analytics in optimizing hotel operations

Cloudbeds

Basic KPIs include average daily rate (ADR) , occupancy (OCC), revenue per available room (RevPAR), and average length of stay (ALOS). Revenue management KPIs. Examples of advanced KPIs include revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR).