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

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. Clearly define how you will measure each KPI.

KPI 52

KPI Revenue Occupancy Hotels 52

MBA Hotels

SEPTEMBER 12, 2018

It can be rewarding, but it is a totally different business than operating a hotel. For instance, on-site owners are more likely to order the correct amount of supplies without over ordering, can decrease many expenses, and on-site owners who have the correct training can also pro-actively manage rate to increase revenue.

Net Operating Income 40

Net Operating Income Closing Average Daily Rate Hotels 40