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110 – Hospitality Trailblazers: Rob Mangiarelli

Travel Media Group

While we were hiring a chief technology officer, I worked in our global operations center where I really got to travel the world. And I’m not sure if you remember this one where you said there were two employees that were hired just to push the elevator button. I built our planning and analysis function. Ryan Embree: Absolutely.

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What is Hotel Revenue Management?

Xotels

OCC= Rooms Sold / Rooms Available ADR ( A verage D aily R ate), it is a KPI used to calculate the average price or rate for each hotel room sold for a specific day. Its formula is RevPAR = Rooms Revenue / Rooms Available OCC ( O verall O ccupancy R ate) shows the percentage of available rooms or beds being sold for a certain period of time.