article thumbnail

Hotel metrics: How to measure performance in the hotel industry

SiteMinder

Distribution channel performance is vital to know which channels (like OTAs, direct bookings) are most profitable. GOPPAR – Gross operating profit per available room measures the distinction between your profit and available rooms. With SiteMinder, you're always a step ahead.

article thumbnail

10 Tips When Buying a Hotel

MBA Hotels

Keep and nurture skilled employees When a hotel is running efficiently and has strong net operating income, most of the employees will be worth keeping. Use time saving technology and save money in operations Modern software offers labor and cost saving solutions for hotel operations.