FIVE OPERATING METRICS EVERY HOTEL SHOULD CARE ABOUT
There are a lot of numbers that are used in hotels to determine Key Performance Indicators (KPI’s), which are used to measure success and to make adjustments to strategy. Like many industries, hotels have their own set of acronyms used to relate common measurements. These acronyms are used industry-wide for hotels to compare themselves to competitors, to set and measure goals, to analyze business performance, and to identify opportunities for change and growth.
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