SiteMinder

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. For example, you might set out to achieve a revenue lift of 10% year-on-year.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

JUNE 2, 2022

Hotel revenue. Revenue is what keeps your hotel open so having a goal aligned with your income is obviously important. For example, you might set out to achieve a revenue lift of 10% year-on-year. There are many metrics that support revenue KPIs. Calculate it by dividing your total revenue by occupied rooms.

KPI 52

KPI Revenue Occupancy Hotels 52

MBA Hotels

SEPTEMBER 12, 2018

It can be rewarding, but it is a totally different business than operating a hotel. Look for upside opportunity Even hotels with strong existing revenue and profitability can have upside opportunity. More on that in another BLOG! To know which loan programs can finance renovations and PIP costs, go to [link].

Net Operating Income 40

Net Operating Income Average Daily Rate Closing Hotels 40