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. Hotel owners and property managers can adjust their revenue strategies based on the occupancy changes that took place or are predicted and expected.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

Altexsoft

MAY 26, 2021

So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit.

Hotels 64

Hotels Metrics Performance KPI 64

Altexsoft

APRIL 24, 2019

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing strategy 101 and key approaches. Each of these pricing strategies brings various benefits when executed right. KPI-driven pricing.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73