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

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

Hotels Metrics Performance KPI

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

APRIL 24, 2019

KPI-driven pricing. Special attention is paid to predicting demand during extreme cases, such as sporting events, concerts, holidays, or adverse weather. In fact, 85 percent of retailers who participated in the April 2018 study Retail Systems Research admitted that keeping up with competitor prices is their greatest challenge.

Machine Learning

Machine Learning Artificial Inteligence Software Review Retail

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

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

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