What is ALOS and how do you calculate it?
In this article, you’ll find everything you need to know about ALOS, and how to use it to further improve your property’s results.
Revenue Management
Effective revenue management is one of the most important aspects of running your hotel. You need to make intelligent pricing decisions to drive more guests and profit to your property. Explore our articles for a better understanding of revenue management or download our eBook to get started on the fundamentals at your hotel.
What is EBITDAR and how do you calculate it?
EBITDAR is yet another way to track your hotel’s financial health. It can really help you measure your performance against similar properties in the industry.
What is GOPPAR and how do you calculate it?
Just like other metrics such as RevPAR or TrevPAR, GOPPAR allows you to look at key revenue insights and make smarter business decisions based on data.
What is RevPASH and how do you calculate it?
RevPASH is an important metric to measure if you have any kind of restaurant, theatre, or similar outlet in your property where guests gather and spend revenue.
What is TrevPAR and how do you calculate it?
Just like other metrics such as RevPAR and ADR, TrevPAR will give you key insights into how revenue is being earned at your property and what you can do to optimise it.
Hotel ADR: Your complete guide to average daily rate for hotels
ADR is still a relevant metric and can play a key role in how you understand revenue performance at your hotel and how you adjust your revenue management strategy.
Hotel revenue forecasting: Definitions, models, and best practices
As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions.
Hotel KPIs: How should hotels be measuring success?
KPIs help you evaluate whether your strategy is working and also give your whole team something to focus on and drive towards on a day-to-day basis. In this blog we’ll look at a variety of the ways your hotel can measure success and why some KPIs are so vital.
Webinar On-Demand – How to work towards Total Profit Management
Hotel Revenue Management has evolved over the years, giving hoteliers new strategies to improve their pricing and optimize the profitability of their businesses. The AI and its modern algorithms are […]
SiteMinder’s expert content series: Revenue management edition with Markus Seemann
In this edition we spoke to Markus Seemann, founder of 9seemeilen Hospitality, about all things hotel revenue management.
Webinar On-Demand – Reven-new in 2022: Maximizing opportunities in an ever changing market (USA)
Direct bookings are on the rise, but how can hoteliers capitalise on them? See how plug-in apps can boost direct revenue and increase conversions.
Webinar On-Demand – Reven-new in 2022: Maximising opportunities in an ever changing market (UK)
Direct bookings are on the rise, but how can hoteliers capitalise on them? See how plug-in apps can boost direct revenue and increase conversions.