SiteMinder

OCTOBER 9, 2023

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. Distribution channel performance is vital to know which channels (like OTAs, direct bookings) are most profitable.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

eZee Absolute

JANUARY 26, 2023

To reach such heights in terms of profit or revenue generation one needs to have immense knowledge of the hospitality industry and its marketplace. (As This is why every hotel owner puts a lot into serving its guests but only a few get an impressive revenue collection. This is the only way to make it win its place in the market.

Revenue 52

Revenue Market Penetration Revenue Management Services 52

SiteMinder

DECEMBER 7, 2023

What is hotel rate management? Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue. This process requires continuous analysis of market trends, booking patterns, and competitor strategies. But why does it matter so much?

Management 59

Management Average Daily Rate Occupancy Revenue 59