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Here’s the MPI formula: MPI = (Hotel Occupancy / Compset Occupancy) * 100 This formula finds the actual marketshare obtained by dividing the hotel’s occupancy by the competitors’ occupancy. Historically, this is described as “fairshare” of the market performance.
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fairmarketshare: with more hotels forecasted to open every year , gaining a fairmarketshare will become more difficul t each year.
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fairmarketshare: with more hotels forecasted to open every year , gaining a fairmarketshare will become more difficul t each year.
The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and marketshare information on a global scale. An index below 100 tells you there’s room for improvement to compete more effectively in your market. ADR = Total room revenue/total rooms sold.
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