Altexsoft

MAY 26, 2021

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

Hotels 64

Hotels Metrics Performance KPI 64

Altexsoft

NOVEMBER 15, 2022

The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

Altexsoft

APRIL 24, 2019

KPI-driven pricing. The primary goal of revenue management is to sell the right product to the interested customers, at a reasonable cost at the right time and via the right channel, which applies to businesses with fixed, reservable inventory like flights or hotel rooms. says Shartsis. The rideshare giant enables a multiplier (i.e.,

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73