Revenue Management KPI’s

/Revenue Management KPI’s

The Most Used Revenue Management KPI’s for Hotels

2019-03-15T16:39:51+02:00

A key performance indicator can provide revenue managers and hotel owners with valuable information about the performance of their business. This subsequently has the benefit of allowing them to implement a revenue management strategy, so that they can maximise financial business results. In this post, we look at some of the most widely utilised revenue management KPI’s and how they

The Most Used Revenue Management KPI’s for Hotels2019-03-15T16:39:51+02:00

What does GOPPAR stand for?

2019-03-02T10:16:58+02:00

A key performance indicator, or KPI, is a quantifiable measurement of business performance. The use of KPIs is essential for implementing a successful revenue management strategy, as it allows businesses to identify areas of success and failure, as well as trends related to demand and customer behaviour. GOPPAR is one of the most important KPI used by hotels for the

What does GOPPAR stand for?2019-03-02T10:16:58+02:00

Hotel KPI’s explained: ADR, REVPAR and GOPPAR

2019-03-15T16:47:42+02:00

Revenue management is a data-driven approach to predicting customer behaviour, with a view to optimising product pricing and availability, in order to maximise revenue. It is especially useful in the hotel industry, because hotels have a limited number of rooms available and experience varying levels of demand. When carrying out a revenue management strategy, there are a number of key

Hotel KPI’s explained: ADR, REVPAR and GOPPAR2019-03-15T16:47:42+02:00

What does EBITDA stand for?

2019-03-02T10:18:23+02:00

Earnings before interest, taxes, depreciation and amortization, or EBITDA for short, is a KPI that is becoming increasingly prevalent in the hotel industry. Sometimes referred to as operational cash flow, the metric can be used to determine the operational profitability of a business, taking into account only its key daily running costs. Why is EBITDA Important? EBITDA has emerged as

What does EBITDA stand for?2019-03-02T10:18:23+02:00

NRevPAR Clearly Explained!

2019-01-25T20:14:41+02:00

Net revenue per available room, or NRevPAR, is used by those within the hotel industry as part of a wider revenue management strategy, helping them to assess overall business performance. As a KPI, the NRevPAR metric is similar to RevPAR, but factors in distribution costs. Therefore, it is arguably a more accurate performance indicator. What is NRevPAR? The NRevPAR metric

NRevPAR Clearly Explained!2019-01-25T20:14:41+02:00

What is ARPA?

2019-03-02T10:21:35+02:00

Average revenue per account, or ARPA, is a KPI used in the hotel industry for revenue management purposes. The metric tells hotel owners the amount of revenue generated, on average, per customer account. As a result, it is a good indicator of business performance. The metric is sometimes known as average revenue per user. What does ARPA stand for? ARPA,

What is ARPA?2019-03-02T10:21:35+02:00

What is TRevPar?

2019-03-02T10:21:37+02:00

Total revenue per available room, or TRevPAR, is a KPI used by those within the hotel industry to assess business results. It is concerned with total revenue generated from rooms, and space available. As a result, it can play an important role in a revenue management strategy, and can provide a useful snapshot of overall performance. What does TRevPAR stand

What is TRevPar?2019-03-02T10:21:37+02:00

RevPAR versus GOPPAR

2019-03-02T10:21:39+02:00

Revenue per available room, or RevPAR, and gross operating profit per available room, or GOPPAR, are two of the most vital KPIs available to hotel managers and both form an important part of any effective revenue management strategy. Both metrics concern themselves with occupancy rates, but they detail very different things, as one is centered around money being brought in,

RevPAR versus GOPPAR2019-03-02T10:21:39+02:00

RevPAR versus RevPOR

2019-03-02T10:21:41+02:00

Revenue per available room, or RevPAR, and revenue per occupied room, or RevPOR, are two KPIs used within the hotel industry, especially for revenue management purposes. Although the two metrics have similar names, what they measure is actually quite different, meaning neither KPI is necessarily more useful than the other. How Do You Calculate RevPAR and RevPOR? The formulas for

RevPAR versus RevPOR2019-03-02T10:21:41+02:00

What is RevPOR?

2019-03-02T10:21:43+02:00

Revenue per occupied room, also known as RevPOR, is a KPI used within the hotel industry to assess financial performance. As a result, it can play a role in a revenue management strategy. Its main value to hotel owners is in giving them an idea of exactly how much revenue they are making from the rooms that they manage to

What is RevPOR?2019-03-02T10:21:43+02:00
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