Cloudbeds

JULY 4, 2024

Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. The other two indicators are MPI (market penetration index) and RGI (revenue generated index).

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

Hotelier Magazine

APRIL 4, 2024

Financial Benchmarks The hotel industry uses many financial benchmarks to measure success, including Average Daily Rate (ADR), RevPAR, occupancy and Market Penetration Index (MPI). Investing in a hotel means you’re investing in an ongoing operating business, so understanding how to efficiently and profitability manage it is critical.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

Hotelogix

OCTOBER 14, 2023

That being said, there are a handful of KPIs for hotel general manager which help hoteliers meet the benchmarks set. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. These core KPIs are basically the fundamental indicators of how profitable the hotel property is.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52