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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. But, easier said than done. Occupancy rate. What does it show?

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? For instance, an airline can secure itself from bad sales during a low-demand season or before an upcoming departure day by putting tickets on sale. KPI-driven pricing.