Assessing Hotel Performance

In this course you will learn how to assess the revenue performance of your hotel. In the hotel industry we learn a lot of buzz words such as: Occupancy, Average Daily Rate, and Revenue Per Available Room, all of which are important. What do these buzz words really mean, and which is the most important? This lesson and associated video will teach you the importance of managing your market share along with occupancy and average daily rates, resulting in a higher revenue yield for your property.