Hotelogix

OCTOBER 14, 2023

Hotel KPI or Hotel Key Performance Indicator is the value that can be measured and which lets you set a standard to measure the success rate of your hotel business as to how is it faring in the market. KPI in hospitality industry is also used to find out if or not you are on the right track to meet the targets set.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

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. It can be calculated by multiplying your average daily rate by your occupancy rate.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Cloudbeds

MARCH 16, 2023

SAN DIEGO, CA) March 16, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the launch of its inaugural State of Independent Lodging Report. The next most popular length of stay was 3 to 4 nights.

Average Length of Stay 52

Average Length of Stay Average Daily Rate OTA Occupancy 52

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 Cancellation 59

Cloudbeds

MARCH 20, 2023

When done effectively, personalization can help hotels earn more bookings, higher average daily rates (ADR) , and better online reviews. It’s important to note that the hospitality industry is starting to shift away from distinct market segments as blended travel (blending of business and leisure travelers) rises in popularity.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Cloudbeds

SEPTEMBER 18, 2024

First vs. third-party data Hospitality data can be broken out into first-party and third-party data. Benefits of data analytics in hospitality Data analytics has all sorts of applications in the lodging industry. First-party data is all of the data you collect via your owned channels, like your website or upon check-in.

Operations 40

Operations Revenue Management Occupancy Revenue 40