Performance

The Performance section of the dashboard tab provides key performance metrics for analyzing the financial and operational health of your property.

It highlights revenue-related figures, room utilization, guest behavior, and overall profitability. Below is a detailed explanation of its components:

The statics include:

1. Average Daily Rate (ADR)

• Description: The average revenue earned per occupied room over a given period.
• Formula: Average Daily Rate = Total Room Revenue ÷ Number of Occupied Rooms
• Example: An ADR of ₹ 8,110.71 means each occupied room generates this amount on average.
• Purpose: Helps evaluate room pricing strategies and revenue performance.

2. Average Occupancy Rate

• Description: The percentage of available rooms that are occupied during a period.
• Formula: Occupancy Rate = (Occupied Rooms ÷ Total Rooms) × 100
• Purpose: Helps measure room demand and adjust pricing or marketing strategies.

3. Direct Revenue Ratio

• Description: The percentage of revenue generated through direct bookings compared to total revenue.

• Direct revenue is the income of a business earns from its core products or services, while total revenue is the total amount of income a business earns from all of its revenue streams.

• Formula: Direct Revenue Ratio = (Direct Revenue ÷ Total Revenue) × 100

4. Cancellation Rate

• Description: The percentage of bookings that were canceled relative to total bookings.
• Formula: Cancellation Rate = (Canceled Bookings ÷ Total Bookings) × 100

5. Revenue Per Available Room (RevPAR)

• Description: The revenue earned per available room, regardless of occupancy.
• Formula: RevPAR = Total Room Revenue ÷ Number of Available Rooms OR RevPAR = Average Daily Rate * Occupancy Rate

6. Total Revenue Per Available Room (TRevPAR)

• Description: Total revenue earned per available room, includes revenue earned by amenities such as spas, pools, entertainment areas, and restaurants.
• Formula: TRevPAR = Total Revenue ÷ Total Available Rooms

7. Gross Operating Profit Per Available Room (GOPPAR)

• Description: Profit generated per available room after operating expenses.
• Formula: GOPPAR = Gross Operating Profit ÷ Number of Available Rooms

8. Average Length of Stay (ALOS)

• Description: The average number of nights guests stay per booking.
• Formula: ALOS = Total Room Nights ÷ Total Bookings

This section is essential for identifying opportunities to enhance both revenue and operations.