Here you will find the top 5 Key Performance Indicators (KPI):
It is a Hotel KPI calculation that shows the percentage of available rooms or beds being sold for a certain period of time.
It is important for hotels to keep track of this data on a daily basis to identify the average daily rate, forecast and apply revenue management.
How do you calculate Occupancy?
Formula: Occupancy = Rooms Sold / Room Available
It is one of the most common financial indicators to measure how successful the performance of the hotel is against other hotels that have similar characteristics such as size, clientele and location and/or its own previous figures.
How do you calculate ADR?
ADR = Room Revenue / Rooms Sold