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Measure your hotel’s performance with a RevPAR formula and more

Hotelogix

There are two methods of using the RevPAR formula i.e. either, divide total room revenue by total rooms available or multiply your ADR by the occupancy percentage. To keep a consistent check on your hotel’s performance, you can analyse its occupancy rate on a daily, weekly, yearly or monthly basis.

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Understanding ARI: A key metric in hotel management

Cloudbeds

This index can vary according to the business strategy, and factors impacting it include the average daily rate (ADR) , occupancy rate, quality of services offered, marketing strategies, reputation, and more. The other two indicators are MPI (market penetration index) and RGI (revenue generated index).

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Hotel metrics: How to measure performance in the hotel industry

SiteMinder

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.

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Hotel KPIs: How should hotels be measuring success?

SiteMinder

For example, you might have set a goal of achieving 300 room night sales in the month of May. It can be calculated by multiplying your average daily rate by your occupancy rate. TrevPAR – Total revenue per available room takes into account all the revenue from your property, not just your room sales.

KPI
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Top 7 KPIs every hotelier must track

Hotelogix

These KPIs range from the daily operations to financial performance to sales and marketing and customer service. Occupancy Rate This term known as occupancy rate is used to express a percentage of rooms which are occupied for a particular period of time.

KPI