Here are the top 10 hotel metrics you should consider measuring at your property, how to calculate each value, and things you can do to improve performance.
What is the only thing we know for sure about the hotel budget?
The budget serves as a guiding light but we live in the reality that we know it is not going to be the answer.
Largest U.S. hotel markets showed considerable RevPAR gains
More than two-thirds of STR-defined U.S. hotel markets outperformed their 2019 comparables over the four weeks ending 9 April 2022.
Rating rate: How hoteliers made the right decisions this time
The bottom line is that the more hotel rooms filled does not always equate into higher profit, which is what hotel owners are only interested in from an operational perspective.
Recent expense rise presents threat to hotel profit
February was a stronger month all around for the global hotel industry, but escalating line item expenses could derail what’s already a fragile profit rebound.
Middle East hotel RevPAR recovery highest among global regions
The Middle East hotel industry reported RevPAR that was 85.6% of the pre-pandemic comparable, the highest among the global regions.
Canada hotel RevPAR 54% recovered in 2021
Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) that was just 54.1% of the pre-pandemic comparable.
U.S. hotel RevPAR recovered 83% in 2021
With improved performance as 2021 progressed, the U.S. hotel industry reported total-year RevPAR that was 83.2% of the pre-pandemic comparable.
F1 Grand Prix lifted Jeddah hotels to record-breaking performance
Lifted by the Saudi Arabian Grand Prix, Jeddah’s hotel industry reported its highest ADR and RevPAR on record.
Emerging revenue management KPIs you need to know
Given the largescale market disruption over the past two years, it is important that hotels set KPIs relative to competitor performance to measure their success relative to the market they operate within.
