Demand Calendar

JUNE 28, 2023

The forecasted demand for overnight accommodation at the destination is the most important KPI for hotels to understand. The worst part is if hotels at the destination start a price war to attract more guests, the results will be lower revenue for all, and no additional guests will travel to the destination because the hotel rooms are cheap.

KPI 71

KPI Forecasting Revenue Revenue Management 71

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 Market Marketing 52

SiteMinder

JUNE 2, 2022

Your KPI would be how many room nights you have sold at any point during May. Quick tips to develop your KPIs: Limit the amount of KPIs you have; keep it to big priorities. Clearly define how you will measure each KPI. Set a specific target for your KPI. Ensure you have accurate data sources and tools.

KPI 52

KPI Occupancy Revenue Hotels 52

Experience Hotel

JULY 20, 2022

Dailypoint collecte des données de toutes les sources pertinentes telles que PMS, POS, site Web, newsletter ou Wi-Fi et crée un profil d’invité central et consolidé.

KPI 52

KPI Email Marketing Market Marketing 52

A Sales Guy

JUNE 16, 2021

How are they able to recall the root causes of the problems the prospect is having and how can they know the specific KPI’s and prospect metrics? How do they recall the unique and specific environmental challenges they are helping the customer solve?

Sales 163

Sales KPI Management 163

SiteMinder

OCTOBER 9, 2023

Improving hotel KPIs Hotel KPIs help you evaluate whether your strategy is working and also give your whole team something to focus on and drive towards on a day-to-day basis.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Fuel Travel

MARCH 28, 2024

This KPI is a calculus of the total revenue generated per available room over a specific period. Room rates should just be one slice of the overall revenue pie. Look at strategies to optimize guest spending via add-ons, services, and amenities. What is Hotel RevPAR? RevPAR is a cornerstone metric in the hotel industry.

Revenue 89

Revenue Average Daily Rate Occupancy Digital Marketing 89

A Sales Guy

AUGUST 3, 2012

This includes KPI’s; quota, margin, pipeline, average deal size, win/loss ratio etc. The presenter must commit to their KPI’s. The second half is a commitment to a set of initiatives critical to achieving their goals/KPI’s and improve their overall business. All the hard numbers are evaluated.

Sales 115

Sales Business KPI Pipeline 115

Nuvho

AUGUST 30, 2021

Most have heard of SMART (Specific, Measurable, Achievable, Relevant, Time-Bound) goals and this method should be used to KPI your performance. If you don’t know why you are on a social media in the first place then you have some questions that need answering. This goal is specific because we have identified the platform and the metric.

Management 52

Management KPI Business Accommodation 52

A Sales Guy

JULY 13, 2012

There is an endless number of sales kpi’s or analytics that can be followed. In today’s world of cloud CRM’s there is absolutely no excuse for not having a decent CRM with a modicum of simple, yet clear reporting tools. Stage age (days in stage).

Pipeline 111

Pipeline KPI Sales Process Closing 111

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

Hotel Business

MARCH 12, 2024

During the first couple of months, we’re onboarding and there’s a lot of learning through indoctrination of meshing our systems, our BI tools, what our KPI metrics are and understanding how we look at everything from an owner-centric lens. We become a massive support resource.

Hotels 59

Hotels Services KPI Scale 59

A Sales Guy

AUGUST 21, 2017

What their KPI’s or success measures are. I mean the functional, line of business where your product or solution makes a difference. Spend as much time as possible trying to learn all you can about: Their current process and how they do what they do today, that your solution can affect. How they manage the processes they have.

Business 114

Business Hiring Sales KPI 114

MediaBoom

SEPTEMBER 5, 2023

Because you want to get the word out about your services, you can track the KPI of page visits. The KPI for this conversion campaign would be leads. For example, you might start with an awareness campaign for your new real estate business. Choose the Right Platforms There’s a plethora of digital advertising platforms out there.

Cost Per Click 52

Cost Per Click ROI Display Ads KPI 52

A Sales Guy

JULY 2, 2012

Create sales KPI’s reps are responsible for reporting regularly. Make it impossible for a rep to successfully navigate the weekly pipeline review meetings, the quarterly business reviews, etc. without accurate data. Require reps know the health of their own pipeline in tangible, measurable, data driven terms.

Pipeline 111

Pipeline KPI Sales Closing 111

A Sales Guy

OCTOBER 13, 2012

It’s a fantastic KPI. The strength of sales leadership. How much money you “may” be leaving on the table. Calculating your sales team’s maximum productivity is key. Far too often we look to hire new sales people when we just need to get more out of the ones we have.

Sales 115

Sales Hiring Sales Leadership KPI 115

Hotel Business

JUNE 27, 2023

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. It starts by employing existing frameworks for maximizing room revenues and applying those same strategies to available parking spaces. What is RevPAS?

Revenue 59

Revenue Hotels KPI Revenue Management 59

A Sales Guy

JULY 10, 2012

Quota is a KPI, can’t see how any functional unit can operate without targets. @keenan quotas set up negative reinforcement, the best commissioned sales people never pay attention to quotas, they just “go for the gold!” ” From: @keenan (me). laurencsheil what’s “the gold?” From @laurencsheil.

Sales 112

Sales KPI Pipeline Sales Process 112

BCV

JUNE 14, 2022

They should also have a KPI-based approach to metasearch and SEM that aligns with the property’s ROI targets for these channels. In sum, it is in any hotel’s best interest to dominate the organic listings, as they should be the foremost resource of content on their property AND destination.

Consumer 52

Consumer ROI KPI OTA 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.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Amadeus Hospitality

DECEMBER 20, 2022

Air traffic data sets, social media advertising and detailed branding KPI analysis have contributed to these partners’ 2022 success stories. New solutions and product enhancements evolved our existing portfolio and delivered a “one-stop-shop” for DMOs.

Shopping 52

Shopping Services Market Marketing 52

SiteMinder

OCTOBER 5, 2023

Often you’ll discover ways you can become more efficient and increase revenue across the entire space of your hotel.

Revenue Management 59

Revenue Management Revenue Hotels Events 59

Refine

MARCH 24, 2024

Pick-up analytics are essential for hotels to forecast demand, optimize pricing strategies, manage inventory, marketing, and improve revenue management. In this article, we will dive into the world of Pick-up Analytics. You will learn what Pick-up Analytics is and how to use it to help your hotel optimize performance. What is Pick-up Analytics?

Forecasting 85

Forecasting Revenue Management Revenue Hotels 85

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. Engaging events are captivating and compelling; they capture the attention of their audience from the start and hold on tight.

Events 176

Events Market Marketing Consumer 176

Hotel Business

MARCH 13, 2023

Further, to help measure progress towards Net Positive, this additional guidance will include content on regionality and a KPI measurement framework aligned with ESG reporting requirements.

Hospitality 52

Hospitality Tourism Resorts KPI 52

Cloudbeds

FEBRUARY 16, 2024

The marketing suites provide segmentation, automation, surveys, and recognition of customers’ preferences, while the analytics combine sales and marketing data to measure ROI and KPI.

Upsell 52

Upsell Hotels Sales Market 52

A Sales Guy

AUGUST 6, 2014

What type of KPI’s I measure that I currently can’t see and more. I can not see my business. I have no visibility. We go over the 15 minutes scheduled as I explicitly outline why I want visibility into the business. What happens when I don’t. I couldn’t have been any more clear.

Sales 125

Sales KPI Business Market 125

Travelboom Marketing

APRIL 6, 2023

Testing, also called “A/B Testing” or “Split Testing”, is the process of isolating a single variable and running different versions of that variable to determine which variation performs better based on a predetermined KPI (key performance indicator). Why is PPC ad testing important?

KPI 52

KPI Real Estate Market Share Hotels 52

Hotel Management

MAY 10, 2023

Paul Hutton of Hilton proposed “ESG should be the new KPI for GMs” who, he added, “had been idle during COVID.” Hunt also went on to add “There’s been a lot of green talk and hotels are energy hogs. 69% of the problem is energy consumption.” The panel wound up with acknowledgement of the common issue of training and staff retention.

Market 130

Market Marketing Branding Events 130

A Sales Guy

NOVEMBER 27, 2013

Build killer KPI’s to monitor their health and make sure you don’t do anything to hurt them. When this group starts to shrink and churn starts to increase, you have a problem. The key with this group is to keep delivering great service. Create dedicated teams to provide world class support. They are the cash cow.

Revenue 114

Revenue KPI Services Sales 114

MediaBoom

JULY 20, 2023

Determining the success of your video advertising campaign requires tracking these metrics: Total views, an overview of the total number of accumulated views on a video Unique views, which are the number of first-time viewers on an ad Watch time, which is how long viewers spend on the ad Completion rate, a KPI indicating how many viewers completed (..)

Branding 40

Branding Real Estate Small Business ROI 40

Social Tables

JULY 31, 2018

Once your estimates are in place, you can determine your expected profit or donation amount and use it as your KPI (key performance indicator). If this isn’t the first year for your event, use historical data to ensure more accuracy.

Events 149

Events Revenue Scale KPI 149

Social Tables

DECEMBER 1, 2021

According to Bizzabo’s 2019 Event Marketing Report, 82% of all surveyed B2B marketers believe that “attendee engagement is an important KPI for event success.” Facebook event promotion that boosts engagement. Creating an engaged audience in the pre-event stage sets the energy of the event and can help keep attendees engaged throughout. .

Events 88

Events Market Marketing KPI 88

Catala Consulting

OCTOBER 19, 2022

Buying an existing hotel is low risk because of its past KPI , and you know what to expect. Decide Whether to Buy or Build The first step in starting a hotel business is determining whether you buy an existing facility or build one from scratch. For some reason, many aspiring hoteliers would prefer to build a new one.

Business 52

Business Hotels Market Research Market 52

eZee Absolute

OCTOBER 17, 2022

For example, lead response time could be a KPI to track. You have to determine the prime key performance indicators; the ones that actually make the difference in your hotel’s sales cycle. It is the amount of time between a lead’s inquiry and your sale rep’s response.

Sales 52

Sales Hotel Sales KPI Hotels 52

Social Tables

JULY 31, 2018

Once your estimates are in place, you can determine your expected profit or donation amount and use it as your KPI (key performance indicator). If this isn’t the first year for your event, use historical data to ensure more accuracy.

Events 97

Events Revenue Scale KPI 97

gcommerce

MAY 22, 2023

What is the most important KPI (Key Performance Indicator) by channel for hotel marketing? KPIs are very subjective, but it’s also important to be seeing the whole picture when measuring success. How do you define a performance KPI for different types of hotels and marketing channels? Do travel industry benchmarks matter?

Digital Marketing 97

Digital Marketing Market Marketing Hotels 97