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Hotel metrics: How to measure performance in the hotel industry

SiteMinder

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. It can be calculated by multiplying your average daily rate by your occupancy rate.

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10 Tips When Buying a Hotel

MBA Hotels

Have more motivated sellers- an owner offering an “off market” hotel for sale is typically less motivated to sell and has no open market check on value. Keep and nurture skilled employees When a hotel is running efficiently and has strong net operating income, most of the employees will be worth keeping.

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Hotel KPIs: How should hotels be measuring success?

SiteMinder

For example, you might have set a goal of achieving 300 room night sales in the month of May. Consider the following when actioning a revenue management strategy: RevPAR – Revenue per available room gives you an idea of your ability to fill your rooms at an average rate. GOPPAR equals GOP / total available rooms.

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