Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Social Tables

SEPTEMBER 14, 2021

A 2020 Bizzabo report showed that over 80% of B2B marketing professionals ranked event engagement as an important KPI for determining an event’s success. This stage plays a key role in event planning, forecasting, marketing strategy , and audience growth. Post-event engagement.

Events 176

Events Market Marketing B2B 176

Hotelogix

MAY 1, 2025

This figure becomes the foundation for performance analysis and forecasting. It provides a holistic view of overall profitability, helping hoteliers evaluate departmental performance and cost management.  This KPI is essential for owners and investors tracking ROI.

Occupancy 59

Occupancy Average Length of Stay Average Daily Rate Revenue 59

SiteMinder

OCTOBER 9, 2023

By closely monitoring these metrics, hotel managers can gain valuable insights into their hotel’s strengths and areas for improvement. It offers insights into room demand and helps in forecasting. Using software to manage your hotel doesn’t replace staff, but rather it allows them to do their job more effectively.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotel Business

JUNE 27, 2023

The same strategic thinking and revenue management principles applied to these core hotel services should also be directed toward parking facilities. RevPAS, or revenue per available space, is a key performance indicator (KPI) used at Towne Park to measure the effectiveness of a hotel’s parking revenue strategy. What is RevPAS?

Revenue 59

Revenue Hotels KPI Revenue Management 59

Amadeus Hospitality

DECEMBER 20, 2022

New reporting capabilities in Delphi® (formerly Amadeus Sales & Event Management – Advanced) and value-added features allow hoteliers to better manage guest room blocks. To RevenueStrategy360™ , we added a first of its kind market forecasting model.

Shopping 52

Shopping Services Market Marketing 52

Catala Consulting

OCTOBER 19, 2022

Buying an existing hotel is low risk because of its past KPI , and you know what to expect. A pro forma will also include your forecasted income and expenses over time to enable your project your cash flow and see its performance over time. For some reason, many aspiring hoteliers would prefer to build a new one.

Business 52

Business Hotels Market Marketing 52

SiteMinder

OCTOBER 10, 2022

Your index number tells you whether or not your hotel is outperforming your compset against three key KPIs: occupancy, ADR and RevPar. The index is calculated by dividing your KPI values by the average KPI values of your compset, then multiplying by 100. ADR = Total room revenue/total rooms sold.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Travel Media Group

MARCH 22, 2023

And, you know, every morning the general manager would come down and he’d read the PNL cause I do the daily report overnight. And then I finished up my career leading our asset management function where I was responsible for all of the owned and joint venture properties that we had around the world. The makeup of our hotels.

Hospitality 98

Hospitality Services Business Digital Marketing 98

Catala Consulting

MAY 1, 2025

Youve invested in a cutting-edge Revenue Management System. Your team attends vendor trainings, updates the forecast, and keeps the strategy optimised. Its the team around it Heres what often goes unspoken: The General Manager is focused on operational flow and guest experience. Youve checked every box. But then reality sets in.

Revenue Management 52

Revenue Management Revenue Management Sales 52