by Mateusz | Sep 22, 2021 | Hotel Revenue Management
You have a revenue and marketing strategy in place at the hotel – that’s great! But how do you measure its success? With Key Performance Indicators (KPI in short), of course. One of the most commonly used KPIs in the hotel industry is revenue per available room,...
by Mateusz | Sep 6, 2021 | Hotel Revenue Management
One of the critical hotel revenue management formulas – used on the daily basis in hotels, is hotel occupancy rate. Let’s uncover more about this rate and how to calculate it. What is the hotel occupancy rate? The average occupancy metric shows the...