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EBITDAR explained: Driving financial health for hotels

Cloudbeds

Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Improve marketing and distribution Optimize distribution channels to reduce sales commissions.

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UEFA Champions League final brings 32% booking boost to German hotels: SiteMinder

SiteMinder

SiteMinders data further reveals that room rates have increased year-on-year in the lead-up to the final at Munichs Allianz Arena, with the average daily rate (ADR) for stays during the period climbing by 10% to 265, from 241 last year.

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Catalysts for Change: 5 Innovative Ways Hoteliers Can Adapt to Today’s Travelers

Amadeus Hospitality

The latest data from Amadeus’ Demand36 0® reflects this, with on-the-books global hotel occupancy rates for H1 2023 trending above 2022 and 2021 levels, and just 3 points behind those seen in 2019. In addition, global hotel average daily rates (ADR) are already above pre-pandemic levels.

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Hotel revenue management strategies and solutions

SiteMinder

Once you know the type of guests available to you, you will be able to tailor pricing, marketing strategies, and services to meet the specific needs and preferences of each segment, maximising revenue potential and enhancing guest satisfaction. To benchmark for this, the Average Rate Index is a good way of looking at this.

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5 best revenue management consulting companies and services

Little Hotelier

Another common strategy utilised in hotel revenue management consulting is to identify other potential revenue streams, from value-adding services, to new target markets, to opportunities to upsell and cross-sell. Features: Comprehensive revenue management strategies and guidance.

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The role of data analytics in optimizing hotel operations

Cloudbeds

It can also be used as part of your marketing strategies to highlight the features guests love in hotel marketing campaigns. Examples of KPIs include average ratings in reviews and surveys, departmental ratings, and review or survey volume, as well as Tripadvisor rankings, and Net Promoter Score (NPS).

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Hotel Management: Meaning, Types, and Operations

SiteMinder

Through marketing strategies, you’re able to highlight how it benefits visiting guests and with innovative business strategies, you’re able to drive quality leads. You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR).