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

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10 Tips When Buying a Hotel

MBA Hotels

It can be rewarding, but it is a totally different business than operating a hotel. Look for upside opportunity Even hotels with strong existing revenue and profitability can have upside opportunity. Use time saving technology and save money in operations Modern software offers labor and cost saving solutions for hotel operations.