Hotelogix

OCTOBER 14, 2023

Average Daily Rate or ADR The Average Daily Rate or ADR is a popular KPI for hotel industry. The ADR is the average rate at which each room at the hotel was sold on a given day. It is calculated by taking the Average room revenue and dividing it by the total number of rooms sold.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

FEBRUARY 13, 2023

Travellers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Overall, travellers booked with more commitment to travel than the year prior.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

OCTOBER 10, 2023

Here’s how to get started: Understand key metrics Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Total Revenue are essential metrics included in comprehensive revenue forecast reports. The more data you can gather, the less uncertainty you’ll have and the stronger your plans will become.

Forecasting 52

Forecasting Revenue Average Daily Rate Occupancy 52

Little Hotelier

NOVEMBER 6, 2023

The best revenue optimisation solutions will offer up insightful data to help guide your efforts.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

SiteMinder

DECEMBER 4, 2023

Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Hotel occupancy will increase 2.5%

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

JUNE 12, 2024

This involves tracking key performance indicators (KPIs) like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Gross Operating Profit Per Available Room (GOPPAR). Each channel has its own cost and reach, affecting the overall revenue.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. Analyze booking data for each segment to look for patterns such as: City of origin Booking channels Lead times Stay patterns (E.g., Personalization comes from knowing your guests.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

SiteMinder

JUNE 2, 2022

Consider the following when actioning a revenue management strategy: RevPAR – Revenue per available room gives you an idea of your ability to fill your rooms at an average rate. It can be calculated by multiplying your average daily rate by your occupancy rate.

KPI 52

KPI Revenue Occupancy Hotels 52

Cloudbeds

SEPTEMBER 18, 2024

Basic KPIs include average daily rate (ADR) , occupancy (OCC), revenue per available room (RevPAR), and average length of stay (ALOS). Revenue management KPIs. Examples of advanced KPIs include revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR).

Operations 40

Operations Revenue Management Occupancy Revenue 40

Cloudbeds

MARCH 16, 2023

The report highlights the following insights: Average Daily Rate (ADR) & Occupancy Among independent properties, hotel rates increased slightly from 2019 to 2020 and continued to grow in 2021 and 2022. In North America, the average booking window exceeded 2019 levels by five days; in Europe, two days.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52