Fuel Travel

MARCH 28, 2024

Travel is up, but so are guest expectations. 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 10, 2022

is a hotel analytics company founded in 1985 as Smith Travel Research. 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. Index numbers in an STR report. What has changed since last month? STAR summary.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 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? Higher occupancy rates : Pricing rooms correctly plays a pivotal role in driving occupancy.

Management 59

Management Average Daily Rate Occupancy Revenue 59

Up Hotel

SEPTEMBER 7, 2021

Maximise profitable direct revenue By working to a ‘direct first’ ethic, your hotel can benefit from receiving more direct bookings and won’t lose out to the OTAs (Online Travel Agents). Did you know that OTAs can take commissions of between 15-35% of each booking made through their booking engines for your hotel?

Digital Marketing 52

Digital Marketing Market Marketing OTA 52