How can you measure the results of your revenue management strategy? Which KPI’s or Key Performance Indicators should you use as a revenue manager and hotelier?
Here are some key performance indicators to measure the results of your hotel revenue management strategy:
Do you measure REVPAR, GOPPAR, and all above ratios (past results and future on the books) on a daily basis as part of your hotel revenue management strategy?
For more revenue management KPI definitions go to our Revenue Management Glossary, or get more revenue tips to increase revenue, or learn more about the Hotel Revenue Management Definition to learn more about the topic itself.