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Hotel Economics: The Role of Supply and Demand in Setting Rates

Demand Calendar

Some hoteliers and owners want to beat the market. They are not satisfied with their fair share of the market. Instead, they want to steal market share to increase their profits and give the owners a higher return on investment. The big question is how you beat the market.

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Understanding ARI: A key metric in hotel management

Cloudbeds

Here’s the MPI formula: MPI = (Hotel Occupancy / Compset Occupancy) * 100 This formula finds the actual market share obtained by dividing the hotel’s occupancy by the competitors’ occupancy. Historically, this is described as “fair share” of the market performance.

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Hotel Revenue Management Strategies

Xotels

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 fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

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Hotel Star Reports: What are they and how to read them

SiteMinder

The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. An index below 100 tells you there’s room for improvement to compete more effectively in your market.