Hotel Business

JANUARY 24, 2023

According to 2023 predictions from wireless infrastructure analysts Maravedis, WiFi 6 will continue its fast market penetration due to its ability to “deliver significant KPI improvements, particularly high throughput, reduced latency and better performance in crowded environments.”

Market Penetration 52

Market Penetration KPI Marketing Market 52

eZee Absolute

JANUARY 26, 2023

Pricing Strategies to Optimize Your Hotel Revenue Value-based pricing Package pricing Captive product pricing Market-penetration pricing Psychological pricing Promotional pricing Dynamic Pricing to Ace Your Strategic Game Why Is It Important to Set Pricing Strategies? This is the only way to make it win its place in the market.

Revenue 52

Revenue Market Penetration Revenue Management Services 52

Hotelogix

MAY 1, 2025

In the hotel business, tracking the right performance indicators is non-negotiable. Market Penetration Index (MPI) MPI compares your property’s occupancy to your competitive set. It reveals how well you are performing in terms of capturing demand in your market segment.

Occupancy 59

Occupancy Average Length of Stay Average Daily Rate Revenue 59

Hotelogix

OCTOBER 14, 2023

Hotel KPI or Hotel Key Performance Indicator is the value that can be measured and which lets you set a standard to measure the success rate of your hotel business as to how is it faring in the market. These KPIs range from the daily operations to financial performance to sales and marketing and customer service.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

DECEMBER 7, 2023

Internal factors such as expenses like taxes, wages, supplies, cleaning, and refurbishment mean there’ll be a minimum rate you have to set to break even on your business each month, quarter, or year. If it’s the height of your busy season and hotels locally are becoming booked up, you can afford to charge your guests more.

Management 59

Management Average Daily Rate Occupancy Revenue 59

SiteMinder

OCTOBER 9, 2023

Profit hotel metrics You certainly don’t want to run a business that puts you into bankruptcy so driving and measuring profit is incredibly important for the longevity of your hotel. MPI – Market penetration index is a way to directly compare yourself with your competitors.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotelier Magazine

APRIL 4, 2024

Financial Benchmarks The hotel industry uses many financial benchmarks to measure success, including Average Daily Rate (ADR), RevPAR, occupancy and Market Penetration Index (MPI). Investing in a hotel means you’re investing in an ongoing operating business, so understanding how to efficiently and profitability manage it is critical.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

SiteMinder

JUNE 2, 2022

Key performance indicators (KPIs) permeate every successful hotel; it’s crucial that you know at all times how you’re tracking towards any key goals and objectives you have outlined for your business over a certain period of time. MPI – Market penetration index is a way to directly compare yourself with your competitors.

KPI 52

KPI Revenue Occupancy Hotels 52