Cloudbeds

JULY 4, 2024

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?

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

Hotelier Magazine

APRIL 4, 2024

Financial Benchmarks The hotel industry uses many financial benchmarks to measure success, including Average Daily Rate (ADR), RevPAR, occupancy and Market Penetration Index (MPI). We do a comparison of all operating costs and staffing models of the potential property to similar assets we manage.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

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

Hotelogix

OCTOBER 14, 2023

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. The ADR is the average rate at which each room at the hotel was sold on a given day.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

JUNE 2, 2022

Run reports that detail data analysis and operational activities. 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. This is calculated by: your occupancy rate / market occupancy rate x 100.

KPI 52

KPI Revenue Occupancy Hotels 52