Logo
Pattern

Discover published sets by community

Explore tens of thousands of sets crafted by our community.

Key Performance Indicators (KPIs) for Hotels

15

Flashcards

0/15

Still learning
StarStarStarStar

Occupancy Rate

StarStarStarStar

The Occupancy Rate is a measure of the percentage of available rooms that are filled with guests. It is important for hotel management because it indicates the hotel's ability to attract guests and its overall usage rate.

StarStarStarStar

Average Daily Rate (ADR)

StarStarStarStar

ADR represents the average rental income per paid occupied room in a given time period. It is crucial for hotel management to evaluate pricing strategies and understand the property's financial performance.

StarStarStarStar

Revenue Per Available Room (RevPAR)

StarStarStarStar

RevPAR combines both occupancy and ADR to understand the revenue generated per available room. It helps hotel management balance pricing and occupancy for maximum revenue.

StarStarStarStar

Gross Operating Profit Per Available Room (GOPPAR)

StarStarStarStar

GOPPAR measures the total operating profit of the hotel per available room. It is an important profitability KPI, providing insight into the hotel's operational efficiency.

StarStarStarStar

Total Revenue Per Available Room (TRevPAR)

StarStarStarStar

TRevPAR is a measure of the total revenue generated per available room, including ancillary revenue. It is important for hotel management because it gives a complete picture of a hotel's revenue-generating capability.

StarStarStarStar

Net Promoter Score (NPS)

StarStarStarStar

NPS gauges customer loyalty by measuring the likelihood of guests to recommend the hotel to others. It is important as it reflects guest satisfaction and the hotel's potential for repeat business.

StarStarStarStar

Cost Per Occupied Room (CPOR)

StarStarStarStar

CPOR indicates the average cost of servicing a room. Hotel management uses CPOR to control costs and maintain profitability.

StarStarStarStar

Employee Satisfaction Score

StarStarStarStar

This score reflects employees' happiness and engagement at work. High employee satisfaction is crucial for hotel management as it leads to better customer service and reduces turnover.

StarStarStarStar

Market Penetration Index (MPI)

StarStarStarStar

MPI measures a hotel’s market share relative to its competitive set. It's important as it helps hotel management to understand their position in the market and make strategic decisions accordingly.

StarStarStarStar

Return on Investment (ROI)

StarStarStarStar

ROI calculates the financial return on investments made in the hotel. It helps management evaluate the efficiency of their investments and make informed financial decisions.

StarStarStarStar

Customer Satisfaction Index (CSI)

StarStarStarStar

CSI measures the degree of satisfaction that guests have with the hotel's service and facilities. It is important for maintaining service quality and the hotel's reputation.

StarStarStarStar

Energy Consumption Per Occupied Room

StarStarStarStar

This KPI tracks the amount of energy used per room and is an indicator of the hotel's environmental footprint and operational efficiency.

StarStarStarStar

Average Length of Stay (ALOS)

StarStarStarStar

ALOS calculates the average time guests spend at a hotel during each visit. It helps in understanding guest behavior and in managing inventory and staffing.

StarStarStarStar

Food & Beverage Revenue Per Occupied Room (F&B RevPOR)

StarStarStarStar

F&B RevPOR indicates the average revenue earned from food and beverage per occupied room and helps in assessing the performance and contribution of the F&B department.

StarStarStarStar

Maintenance Cost Per Room

StarStarStarStar

This KPI represents the average cost spent on maintaining each room in the hotel. It's essential for budgeting and maintaining high standards for guest experience.

Know
0
Still learning
Click to flip
Know
0
Logo

© Hypatia.Tech. 2024 All rights reserved.