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hotel kpis

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How much can you really make from upselling?

Use the incremental revenue calculator to discover your property’s potential! Upselling is a great way to both improve your guests’ experience at your hotel and to boost your revenue through paid upgrades and ancillary services. Upselling success factors A recent benchmarking report shows that factors such as property type (e.g. luxury hotel, city...
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How much revenue can hotels generate from upselling? [Free benchmark report]

Upselling is a hot topic and you can read about it everywhere. Countless articles offer tips on why and how to upsell, but few will ever show you numbers that answer another important question: Is upselling really worth it? Of course, here at Oaky we believe that YES, it is! But we don’t expect you to just take our word for it. Instead, check out...
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Average Daily Room Rate (ADR)

  What is ADR? ADR is the average daily income per paid occupied room and is used to measure the operating performance of the hotel. ADR is one of the KPIs used by hotels. Other KPIs like Occupancy Rate are used in combination with ADR to result in revenue per available room (RevPar). How to calculate ADR? The average amount paid per room over the...
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RevPar

What is RevPar? RevPAR (Revenue Per Available Room) is the most commonly used KPI to measure financial performance in the hotel industry. Many of you readers will probably be quite familiar with this ratio. Why are hotels using it? Specifically, Revenue Managers are using RevPAR to compare the performance of their property against: themselves for...
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Top 7 Resolutions for Revenue Managers

I was wondering what this year will bring to the world of Hotel Revenue Managers. What will be important to them.  What trends to follow. So I asked 5 top Revenue Managers in the Benelux about their Resolutions and here is what they said: #1 / Continue what you’re doing (well) To be winning, Revenue Management needs to be part of a long term...
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