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Occupancy vs ADR, the Never Ending Discussion in Revenue Management

Xotels

You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR. It stands for Gross Operating Profit Per Available Room.

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Hotel Management Technology: The Future of Hospitality

Hotelogix

With 56% of hoteliers worldwide prioritizing smarter tech investments (2024 Lodging Technology Survey), the focus isn’t just on cutting costs but revolutionizing guest experiences and streamlining operations. Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. Let’s dive in!

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What is Hotel Revenue Management?

Xotels

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

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8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Outsourcing Why hotels should outsource revenue management remains an important topic for hoteliers, as outsourcing can offer hotel owners a strategic advantage by freeing up internal resources, accessing specialised expertise, and driving top and bottom-line growth. This important metric considers all revenue streams, not just room rates.

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8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Outsourcing Why hotels should outsource revenue management remains an important topic for hoteliers, as outsourcing can offer hotel owners a strategic advantage by freeing up internal resources, accessing specialised expertise, and driving top and bottom-line growth. This important metric considers all revenue streams, not just room rates.