Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 61

Revenue Management Occupancy Revenue Average Daily Rate 61

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

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

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

JUNE 2, 2022

For example, you might have set a goal of achieving 300 room night sales in the month of May. 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.

KPI 52

KPI Revenue Occupancy Hotels 52

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

Hotelogix

JANUARY 29, 2025

Point-of-sale (POS) integration : Handle all guest charges without a hitch. It acts as your always-on never-sleeping sales team! Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. Every cent counted, every service charged!

Management 58

Management Hospitality Hotels Services 58