KPI for Measuring of Average room rate posted in category Hotels
WinningKPI - Hotels - KPI for Measuring of Average room rate posted in category Hotels 
This indicator is for measuring the average room revenue, in a given time period. It is calculated by dividing the total revenue from let rooms by the total number of rooms let. This is a common tool for hotels’ management to measure performance. However, this KPI alone can be misleading; for this reason, hotel managers use it together with the Revpar KPI. The two KPIs give an accurate measure of room sale performance, and can be used for comparison against competition. In order to obtain even a more measurable result, some hotels calculate the Average Room Rate KPI as Total Room Income/ (No. of rooms sold + Complimentary rooms). This is used for hotels that offer complimentary room deals (e.g. for a business deal, for x number of rooms rented, y number of rooms are offered complimentary). Formula: Revenue from room letting / Number of rooms let Or Total Room Income/ (No. of rooms sold + Complimentary rooms) KPI Units: Money KPI Time Frame: update quarterly Posted by Oana Boteanu | Help to protect community: Flag for moderation Useful KPI? Download KPI as a .BSC project or start a web-based KPI project. Ideas suggested by WinningKPI community:Here are comments:
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