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

Hotelogix

OCTOBER 14, 2023

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. The rate of occupancy is crucial to plan the operations of the hotel business.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

DECEMBER 7, 2023

This process requires continuous analysis of market trends, booking patterns, and competitor strategies. It’s not just about setting the right price, but also about adjusting it in response to market changes. Higher occupancy rates : Pricing rooms correctly plays a pivotal role in driving occupancy.

Management 59

Management Average Daily Rate Occupancy Revenue 59