Remove Market Penetration Remove Market Share Remove Operations
article thumbnail

Understanding ARI: A key metric in hotel management

Cloudbeds

The other two indicators are MPI (market penetration index) and RGI (revenue generated index). In order to make the best decisions, it’s important for hotels to measure and track all three indicators to have a full overview of their performance and market.

article thumbnail

Investors consider operational aspects of a hotel

Hotelier Magazine

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.

article thumbnail

Top 7 KPIs every hotelier must track

Hotelogix

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. The RevPAR metric helps in evaluating the hotel’s operational performance.

KPI 52