Remove Internet Remove KPI Remove Sport Remove Trends
article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

Passengers tend to complain about their bad experiences on the Internet despite being notified about surge rates via the app or warned by drivers (the situation with Matt). KPI-driven pricing. Special attention is paid to predicting demand during extreme cases, such as sporting events, concerts, holidays, or adverse weather.

article thumbnail

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

Altexsoft

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