Hotel Business

MAY 27, 2025

After labor, energy is usually the highest operational cost and reducing consumption is as much about saving money as it is about saving the environment. Many smart thermostat systems deployed over the past 10+ years operate on RF networking or proprietary RF systems, which can limit flexibility and scalability.

Net Operating Income 59

Net Operating Income Casinos Operations Management 59

Hotel Business

JUNE 22, 2023

Sean Hennessey, associate professor, NYU SPS Tisch Center of Hospitality, and a contributor to the report, added, “Although recessionary fears and unfavorable interest rates may dampen transaction activity, survey respondents remained confident that the improving operational trends will sustain the lodging sector’s trend of profit improvement.”

Net Operating Income 59

Net Operating Income Real Estate Consumer Hospitality 59

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. Hotel operations are incredibly varied, with many moving parts that interact with and support one another.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

JUNE 2, 2022

Run reports that detail data analysis and operational activities. It can be calculated by multiplying your average daily rate by your occupancy rate. Here are some of the more popular metrics you can use: GOP – Gross operating profit is simply a calculation of your profits after acquisition costs have been deducted.

KPI 52

KPI Revenue Occupancy Hotels 52

MBA Hotels

SEPTEMBER 12, 2018

According to STR, high occupancy levels should provide leverage to achieve attractive ADR increases for the next two years in select markets” If you have been considering investing in a hotel purchase, now is a great time to do so. It can be rewarding, but it is a totally different business than operating a hotel.

Net Operating Income 40

Net Operating Income Closing Average Daily Rate Hotels 40

Hotel Operations

MARCH 15, 2023

We’re going to look at: This guide builds on my guide to hotel automation and is focused on hotel operators , though I hope other industry participants will find it useful as well. Because of this, hotel owners – and the operators and brands that work for them – are focusing on top-line revenue growth now more than ever before.

Hospitality 59

Hospitality Hotels Operations Revenue 59