Remove Average Length of Stay Remove Occupancy Remove Sales
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Measure your hotel’s performance with a RevPAR formula and more

Hotelogix

There are two methods of using the RevPAR formula i.e. either, divide total room revenue by total rooms available or multiply your ADR by the occupancy percentage. To keep a consistent check on your hotel’s performance, you can analyse its occupancy rate on a daily, weekly, yearly or monthly basis.

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CoStar Group Launches STR Benchmarking

Hotelier Magazine

Future product enhancements, which are expected to begin rolling out later this year, include portfolio-level benchmarking, monthly P&L, average-length-of-stay data and forward-looking occupancy.

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Hotel investment: What is a good hotel ROI?

Little Hotelier

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. To manage your revenue successfully, you need to be able to see all your revenue streams – from the online booking websites where you advertise your property , to your marketing and sales.

ROI 98
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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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Top 7 KPIs every hotelier must track

Hotelogix

These KPIs range from the daily operations to financial performance to sales and marketing and customer service. Occupancy Rate This term known as occupancy rate is used to express a percentage of rooms which are occupied for a particular period of time. This metric of kpi for hospitality industry tells how full your hotel is.

KPI 52
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What is Yield Management: Guide for Hotels

SiteMinder

Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. Our smart hotel platform helps you do exactly that.

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Hospitality businesses are harnessing the power of data collection

Hotelier Magazine

Moderated by Shelley Warsaw, Partner Relationship manager at Track, speakers included John Ellis, VP of Sales at Akia, an AI-powered two-way communication platform; Billy Widner, Chief Marketing Officer, Brett/Robinson Vacation Rentals; and Jim Golightly, director of Customer Success, Track.