Remove Average Daily Rate Remove Forecasting Remove Market Penetration
article thumbnail

Understanding ARI: A key metric in hotel management

Cloudbeds

The average rate index (ARI) is a metric that allows hoteliers to evaluate the performance of their room rates relative to a group of competitors during a specific period. The other two indicators are MPI (market penetration index) and RGI (revenue generated index). How is ARI calculated?

article thumbnail

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. It offers insights into room demand and helps in forecasting.

article thumbnail

Hotel rate management: Best software to use

SiteMinder

It’s not just about setting the right price, but also about adjusting it in response to market changes. This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance.