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. In this article, we explore what ARI is and how to use it to improve revenue performance. What is the average rate index (ARI)?

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

Hotelier Magazine

APRIL 4, 2024

CBRE’s Canadian Hotel Industry Outlook Report (Q3 2023) projects strong and stable occupancy and Revenue Per Available Room (RevPAR) growth for the Canadian hotel industry through to 2027. We need to see the potential to enhance revenue and guest satisfaction prior to investing,” says Prigmore. “A We’re listening to hotel comments.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

Hotelogix

OCTOBER 14, 2023

It is calculated by taking the Average room revenue and dividing it by the total number of rooms sold. Revenue per Available Room or RevPAR RevPAR or Revenue per available room is another metric to measure the performance of the property in the hotel business which is very popular.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52