Remove Average Length of Stay Remove Branding Remove Net Operating Income Remove Occupancy
article thumbnail

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.

article thumbnail

Hotel KPIs: How should hotels be measuring success?

SiteMinder

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. It can be calculated by multiplying your average daily rate by your occupancy rate. Sentiment and brand reputation. Hotel profit.

KPI 52