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Optimizing length of stay (LOS) as a primary KPI not only boosts immediate revenues but also builds a loyal guest base, ensuring long-term business success.
Ancillary Revenue: Beyond the Room & Rethinking Hotel Space Utilisation Your property has high occupancy, and your guests are happy and leaving good review scores, but you want to increase the overall revenue of your hotel or resort. This is the moment when you ask yourself What is next?
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. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort.
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Backed by iHotelier and digital media campaigns, Posadas reported a 60% increase in direct bookings for its luxury properties, and a 371% increase in bookings for resort properties. Air traffic data sets, social media advertising and detailed branding KPI analysis have contributed to these partners’ 2022 success stories.
Whether you manage a boutique inn or a luxury resort, these innovations will redefine hospitality. Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. Ready to future-proof your property? Let’s dive in!
Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Ancillary Revenue: Beyond the Room & Rethinking Hotel Space Utilisation Your property has high occupancy, and your guests are happy and leaving good review scores, but you want to increase the overall revenue of your hotel or resort.
Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Ancillary Revenue: Beyond the Room & Rethinking Hotel Space Utilisation Your property has high occupancy, and your guests are happy and leaving good review scores, but you want to increase the overall revenue of your hotel or resort.
Learn more about how to generate ancillary revenue in your hotel or resort. 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. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort.
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