As a hotel owner / operator you are always wondering how various hotel management strategies are performing and what are various performance metrices we can use for monitoring hotel performance.
Hotel may have different strategies to achieve their vision, lot of performance indicators will tell you if those strategies are working or not and profits are maximized.
Take this very short course to understand how to analyse hotel's performance without going too deep in financial statements and understand how various performance indicators can help to understand effective ness of various strategies
Course is designed to give a bird's eye view on hotel performance.
Traditional Methods - Occupancy
Traditional Metrics - Average rates
Traditional Metrics - Rev PAR
Traditional Metrics - GOP & Trip Advisor Rankings