Remove KPI Remove Market Share Remove Revenue
article thumbnail

How To Choose Marketing KPIs

gcommerce

If you focus on too many KPIs, your digital marketing campaigns start to get muddy. You can’t optimize for everything simultaneously, especially if your KPIs relate to multiple goals. Revenue and awareness are in direct opposition to each other since a high-revenue campaign requires a highly qualified audience.

article thumbnail

What is Hotel Revenue Management?

Xotels

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 7 KPIs every hotelier must track

Hotelogix

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
article thumbnail

Hotel Star Reports: What are they and how to read them

SiteMinder

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. Understand what qualifies as ‘good’ and ‘bad’ performance for your market. It compares your hotel’s data to your compset and your broader market.

article thumbnail

110 – Hospitality Trailblazers: Rob Mangiarelli

Travel Media Group

Cause we know if we have good people in place, they provide good service and then that good service just translates into revenue and profit, more opportunities for that growth. So we’ve done a great job as an industry of using Smith Travel to benchmark our revenue performance. Now, last year, turnover was at an all-time high.

article thumbnail

FAQs for the Hotel Digital Marketer

gcommerce

We've had properties show no online booked revenue through a campaign but thousands in revenue booked over the phone. If you're only able to make decisions based on online booked revenue, you could be missing valuable data that shows the full performance of your hotel’s marketing campaigns. how do we attribute revenue?

article thumbnail

Why Revenue Management Still Fails (Even With the Best Tools)

Catala Consulting

Youve invested in a cutting-edge Revenue Management System. Youre paying monthly for competitive data feeds, market intelligence, and algorithm-driven rate suggestions. Your market share index is inching in the wrong direction. The GM didnt attend revenue meetings, seeing them as operations adjacent. Urgency.