Hotel Speak

JUNE 4, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. So what is it, Occupancy or Average Room Rate (ARR)? How can I make more profit with my hotel?’

Revenue Management 61

Revenue Management Occupancy Revenue Average Daily Rate 61

Hotel Speak

JANUARY 9, 2025

As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. Pricing optimisation: Setting the right prices to maximise revenue while maintaining occupancy.

Revenue Management 77

Revenue Management Revenue Management Ancillary Revenue 77

Xotels

MAY 30, 2024

What drives more value to the business, ADR, average daily rate, or occupancy? Owners that are closely watching the P&L statement are especially keen to understand how they can drive the bottom line of their hospitality business. Occupancy or ADR? So what is it, Occupancy or Average Room Rate (ARR)?

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

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. KPI in hospitality industry is also used to find out if or not you are on the right track to meet the targets set.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

HotStats

SEPTEMBER 19, 2024

Looking at the first half of the year for a key KPI, Total GOP Margins across 2019, 2023, and 2024, South Asia and APAC show positive year-on-year growth, now well ahead of the 2019 benchmark. A GDP growth rate of 7%+ for three consecutive years is impressive, closing the gap between Germany and Japan. How will India fare?

KPI 94

KPI Marketing Market Occupancy 94

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

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

DECEMBER 7, 2023

This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance. Higher occupancy rates : Pricing rooms correctly plays a pivotal role in driving occupancy. Table of contents Why does hotel rate management matter?

Management 59

Management Average Daily Rate Occupancy Revenue 59