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CoStar Group Launches STR Benchmarking

Hotelier Magazine

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. Future product enhancements, which are expected to begin rolling out later this year, include portfolio-level benchmarking, monthly P&L, average-length-of-stay data and forward-looking occupancy.

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Top 7 KPIs every hotelier must track

Hotelogix

Average Length of Stay or ALOS The Average Length Of Stay is a kpi for hospitality industry metric which helps in making it easy to find out the length of stay of guests which are booked at your hotel. The ALOS metric is calculated by dividing the occupied rooms by a number of bookings.

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The role of data analytics in optimizing hotel operations

Cloudbeds

Revenue managers, leveraging artificial intelligence (AI) and machine learning (ML) combine external data like market demand and competitor activity with internal data like historical performance and future demand to guide dynamic pricing decisions, inventory controls, promotions, and demand forecasting. Revenue management KPIs.