Remove Market Penetration Remove Revenue Remove Sales
article thumbnail

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

Hotelogix

Dividing the total room revenue by total rooms occupied can give you a figure for your hotel’s ADR, though the ADR formula does not account for unsold or empty rooms. Revenue Per Available Room (RevPAR) RevPAR will help you measure the revenue generated over a period of time, just through room bookings in a hotel.

article thumbnail

Understanding ARI: A key metric in hotel management

Cloudbeds

Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. In this article, we explore what ARI is and how to use it to improve revenue performance. However, this should always be assessed in relation to sales 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

Breaking news: Villeroy & Boch takes over Ideal Standard

Hotel Designs

Here’s what we know… Villeroy & Boch and Ideal Standard are a strong strategic fit given their regional presence, sales strategies and product and brand portfolios, laying the foundations for a stronger market position and additional growth. billion as a result of the merger.

article thumbnail

Secrets to Boost Your Hotel’s Revenue: Pricing Strategies You Need to Know

eZee Absolute

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 how you can increase the sales of your poolside rooms.

article thumbnail

Omni adds Annette Bales

Hotel Business

Omni Hotels & Resorts has appointed Annette Bales as VP, sales. In her new role, Bales spearheads the development and execution of strategic sales plans. Prior to joining the company, she served as executive director, sales, service & experience at Sunseeker Resort in Charlotte Harbor, FL.

article thumbnail

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. Revenue hotel metrics Revenue is what keeps your hotel open so having a goal aligned with your income is obviously important.

article thumbnail

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. Hotel revenue. Revenue is what keeps your hotel open so having a goal aligned with your income is obviously important. For example, you might set out to achieve a revenue lift of 10% year-on-year. Table of contents.

KPI