Fuel Travel

MARCH 28, 2024

Room rates should just be one slice of the overall revenue pie. This KPI is a calculus of the total revenue generated per available room over a specific period. It is a key indicator of a hotel’s performance as it measures both occupancy rates as well as average daily room rates. What is Hotel RevPAR?

Revenue 90

Revenue Average Daily Rate Occupancy Digital Marketing 90

SiteMinder

OCTOBER 9, 2023

Hotel metrics, often referred to as key performance indicators (KPIs), are essential data points that hoteliers use to measure the performance and success of their establishment. Average daily rate (ADR) measures the average revenue earned from each occupied room per day, shedding light on pricing strategies.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

OCTOBER 10, 2022

For example, STR data reveals that the average occupancy rate across US hotels in August 2022 was 66.5%, and the average daily rate was US$151.49. Your index number tells you whether or not your hotel is outperforming your compset against three key KPIs: occupancy, ADR and RevPar. KPIs in an STR report.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

SiteMinder

JUNE 2, 2022

Your KPI would be how many room nights you have sold at any point during May. Quick tips to develop your KPIs: Limit the amount of KPIs you have; keep it to big priorities. Clearly define how you will measure each KPI. Set a specific target for your KPI. Ensure you have accurate data sources and tools.

KPI 52

KPI Revenue Occupancy Hotels 52

Hotelogix

OCTOBER 14, 2023

Hotel KPI or Hotel Key Performance Indicator is the value that can be measured and which lets you set a standard to measure the success rate of your hotel business as to how is it faring in the market. KPI in hospitality industry is also used to find out if or not you are on the right track to meet the targets set.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

Up Hotel

SEPTEMBER 7, 2021

Increase ROI Return on investment, or ROI, is usually a major feature in every hotel manager’s KPI checklist, and it can be easy to think that this is relevant to just paid advertising like Google Ads or Bing. All of the below are clear examples of what they would need to know about – anything less, and it should raise some red flags!

Digital Marketing 52

Digital Marketing Market Marketing OTA 52

SiteMinder

DECEMBER 7, 2023

This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance. Table of contents Why does hotel rate management matter? What is the hotel industry standard for measuring the effective management of room rates?

Management 59

Management Average Daily Rate Occupancy Revenue 59