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What is Yield Management: Guide for Hotels

SiteMinder

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.

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Hotel rate management: Best software to use

SiteMinder

This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance. Table of contents Why does hotel rate management matter? There’s no single KPI that perfectly describes how effective your rate management is.