Hotel Business

JUNE 22, 2023

Survey highlights include: Top-line performance: While consumers confront higher ADRs and even fewer amenities that now come at a price, there still seems to be a steadily growing pent-up demand for travel: Nearly half of hotel CFOs expect the key driver of RevPAR growth in 2023 to be a combination of ADR and occupancy. Leisure travel 2.

Net Operating Income 59

Net Operating Income Real Estate Consumer Hospitality 59

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 offers insights into room demand and helps in forecasting.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotel Operations

MARCH 15, 2023

Hoteliers today are seeing a direct impact of revenue management systems on optimizing price and increasing Net Operating Income and the total incremental value created for hotel assets,” shared Mike Chuma, VP of Marketing, Engagement & Enablement at IDeaS. Forecasting demand is an example. “We’re

Hospitality 59

Hospitality Hotels Operations Revenue 59