This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.

Remove KPI Remove Market Penetration Remove OTA Related Topics
Closed To Arrival Net Operating Income Average Length of Stay Average Daily Rate Overbooking Forecasting Revenue Management Occupancy Closing Marketing Strategy More Related Topics >
article thumbnail

Hotel metrics: How to measure performance in the hotel industry

SiteMinder

OCTOBER 9, 2023

Cost per acquisition (CPA) helps in understanding the cost involved in acquiring a customer, essential for budgeting and marketing strategies. Distribution channel performance is vital to know which channels (like OTAs, direct bookings) are most profitable. This is calculated by: your occupancy rate / market occupancy rate x 100.

Average Daily Rate 59
Average Daily Rate Average Length of Stay Occupancy Revenue 59
article thumbnail

Hotel rate management: Best software to use

SiteMinder

DECEMBER 7, 2023

There’s no single KPI that perfectly describes how effective your rate management is. Market penetration index (MPI), average rate index (ARI), and revenue generation index (RGI) : These are comparative metrics used to assess a hotel’s performance against its competitive set or the broader market.

Management 59
Management Average Daily Rate Occupancy Revenue 59
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 

Stay Connected

Join 23,000+ Insiders by signing up for our newsletter

About
About
Editions
Editions
Topics
Powered by Aggregage | Terms and Conditions | Your California Rights and Privacy Policy
© Aggregage 2024