Altexsoft

MAY 26, 2021

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. It might show you that your property is most popular at the weekends or during the holiday season, or when some sport events take place nearby. The CPOR is a crucial KPI that allows you to monitor your expenses. Why use it?

Hotels 64

Hotels Metrics Performance KPI 64

Altexsoft

APRIL 24, 2019

External factors like industry trends, seasonality, weather, location; internal ones like production costs and customer-related information, for instance, search or/and booking history, demographic features, income, or device, and finally willingness to pay, make sense. “Our KPI-driven pricing. says Shartsis.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

NOVEMBER 15, 2022

While occupancy rate is essential for deciding whether your management strategies succeed or fail, there are a few things you should keep in mind regarding this KPI. Along with other hospitality metrics like RevPAR , the occupancy rate is an important KPI that allows better and more accurate revenue management aimed at maximizing income.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52