How do you optimize your RevPAR and ADR strategies?
If you run a hotel, you know how important it is to measure and improve your profitability and performance indicators. Two of the most common metrics used in the hotel industry are RevPAR (revenue per available room) and ADR (average daily rate). In this article, we will explain what these indicators mean, how they are calculated, and how you can optimize them to increase your hotel revenue and occupancy.
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Adel Gouda+30,000 Followers Regional Sales & Marketing Manager Commercial Strategy, Marketing & Sales Strategy, Pricing…
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Chris CheneySenior Vice President of Commercial Services at Stonebridge Companies
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Bashar WaliHuman | Hotelier | Traveler | Founder | YPO'er | TEDx'er | CEO'er | Tiger21 | Speaker | Lecturer | Board Member |…