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IDeaS report reveals investors high on revenue management tech

Hotel Business

IDeaS , a SAS company, has released the report “ Unlocking Hotel Performance: The Power of Revenue Management Technology Today ,” which includes key insights into how investors view revenue technologies, the role of artificial intelligence in hospitality and how technology is reshaping hospitality commercial organizations.

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

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Hotel KPIs: How should hotels be measuring success?

SiteMinder

Run reports that detail data analysis and operational activities. For example, you might set out to achieve a revenue lift of 10% year-on-year. There are many metrics that support revenue KPIs. GOPPAR – Gross operating profit per available room measures the distinction between your profit and available rooms.

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AI for Hotels: A Guide to Artificial Intelligence for Hospitality Leaders

Hotel Operations

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.