Hotel forecasting: why it is important to your business

2 Oktober 2024
Hotel forecasting plays a vital role in strategic decision-making, shaping both the short and long-term success of a property or portfolio. By understanding the key components and dynamics of accurate forecasting, hoteliers can implement more effective strategies.
Tags
Hotels
Forward Data
Industry Basics
Educational

The role of total revenue management in a hotel profitability strategy

28 August 2024
The global hotel industry is firmly positioned in an era of normalized growth levels. That means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.
Tags
Global
Hotels
Educational
Industry Basics
Profit and Loss

Was ist GOPPAR (Bruttobetriebsgewinn pro verfügbarem Zimmer)? Wie können Hotels davon profitieren?

25 Juni 2024
Erfahren Sie hier, wie die Messung des GOPPAR ein besseres Bild der finanziellen Gesundheit Ihres Hotels vermitteln kann, wie man ihn berechnet und mehr.
Tags
Global
Educational
Hotels
Profit and Loss
Industry Basics

Was ist Revenue Per Available Room (RevPAR) – Umsatz pro verfügbarem Zimmer – und wie wird er berechnet?

23 Januar 2020
Erfahren Sie mehr über die Goldstandard-Kennzahl zur Leistungsmessung in der globalen Hotelbranche: Umsatz pro verfügbarem Zimmer (RevPAR).
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics

Das Geheimnis des strategischen Erfolgs: Wie Mitbewerbersets Hoteliers zu fundierteren Geschäftsentscheidungen verhelfen

11 Juni 2024
Umfassende Informationen helfen Ihnen dabei, optimale Entscheidungen zu treffen. Deshalb können Hoteleigentümer und -betreiber ihr Geschäft am besten ausbauen, wenn sie wissen, wie die Konkurrenz abschneidet.
Tags
Global
Benchmarking
Educational
Industry Basics

RevPAR vs. TRevPAR

25 Juni 2024
Was sind die Unterschiede zwischen RevPAR und TRevPAR? Wie wissen Hotelbetreiber, auf welche Metrik sie sich verlassen sollten? Wir schlüsseln das Anwendungsszenario sowohl für RevPAR als auch für TRevPAR auf.
Tags
Hotels
Global
Educational
Benchmarking
Industry Basics

Using business on the books in a complete benchmarking approach

12 Dezember 2023
Directly-sourced forward booking data empowers key roles within the hospitality industry to complete their strategy with powerful intel into the future. Learn about the Forward STAR metrics, applications of the data and how forward-looking data fits within a comprehensive benchmarking strategy.
Tags
Forward Data
Global
Educational
Hotels
Benchmarking

Beispiel Hotel-P&L

22 Januar 2020
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Tags
Profit and Loss
Hotels
Educational
Global

Understanding your STR reports: Profit & Loss (P&L)

28 September 2022
Regardless of how the hotel industry benchmarks performance, the end goal is always maximum profitability. Like all other elements of industry benchmarking, there are data sets and reports designed specifically to measure the success of that goal.
Tags
Global
Hotels
Educational
Profit and Loss

Verwendung von „Business on the Books“ in einem umfassenden Benchmarking-Ansatz

13 Juni 2024
Vorausbuchungsdaten direkt aus der Quelle ermöglichen es Hauptakteuren des Gastgewerbes, ihre Strategie mit aussagekräftigen Informationen über die Zukunft zu vervollständigen.
Tags
Global
Hotels
Educational
Forward Data
Industry Basics

Was ist Average Daily Rate (ADR) – durchschnittliche Tagesrate – und wie wird sie berechnet?

12 Juni 2024
Erfahren Sie mehr über eine der wichtigsten Hotel-Leistungskennzahlen – die durchschnittliche Tagesrate (ADR) –, wie sie berechnet wird und wie wichtig sie für eine effektive Strategie des Hotel Revenue Managements ist.
Tags
Global
Educational
Hotels
Benchmarking
Industry Basics

Understanding your STR reports: Hotel supply, demand and the development pipeline

13 April 2022
Continuing this educational series on STR reports, we show the importance of taking a step back and expanding your knowledge of the market as an added tool for understanding the operating conditions around your properties.
Tags
Global
Hotels
Educational
Supply and Development

Understanding your STR reports: Percentage changes, indexes and comp set rankings

20 Januar 2022
Knowing how to use each part of your STR report will bolster your ability to benchmark your performance and make better business decisions. In our latest blog post, we take a look at the numerous ways that you can measure your property’s success.
Tags
Global
Hotels
Benchmarking
Educational

Die wichtigsten historischen Leistungskennzahlen (KPIs) des Gastgewerbes

11 Juni 2024
Historische Daten wirken sich auf die Entscheidungen nahezu aller Akteure der Hotelbranche aus. Unabhängig davon, ob Sie Ihre eigenen Erfolge messen oder Ihren Erfolg mit der Konkurrenz oder einem bestimmten Marktsegment vergleichen möchten, gehören grundlegende historische Kennzahlen zum Prozess.
Tags
Global
Educational
Benchmarking
Hotels
Industry Basics

Six ways benchmarking can support post-pandemic recovery

30 Dezember 2021
Now more than ever, data is crucial. We have compiled a brief manual on six practical ways benchmarking can support your hotel’s revenue recovery.
Tags
Global
Hotels
Benchmarking
Educational

Indexing: Simple and important in today's hotel benchmarking

3 August 2021
Even as we get deeper into 2021, indexing is a more actionable recovery measurement than traditional year-over-year comparisons. Do you have questions on how to do that? Find out more.
Tags
Hotels
Benchmarking
Global
Recovery
Educational

Building a Comp Set – Best Practices

12 Mai 2021
Without a comp set you’re left guessing as to where you can improve the performance of your property or portfolio, learn the best practices for building yours here.
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics

Analyzing recovery: Total Room Inventory vs. STR Standard methodology

30 April 2021
Occupancy has long been one of the key hotel performance metrics measured by STR. However, even this traditional metric has not escaped the impacts of COVID-19.
Tags
Global
Educational
Hotels
Benchmarking
Recovery

Accommodation Experiences in a New COVID-19 World

8 Dezember 2020
Our tourism research team set out to understand current accommodation experiences by surveying travelers who had recently taken overnight trips. Read on to learn what the booking process looks like now and how accommodations are adapting to meet consumers' new needs.
Tags
Global
Research
Tourism
Educational

How did crises of the last two decades impact APAC hotel profitability?

7 Dezember 2020
While COVID-19 has presented unprecedented challenges for the global hotel industry, looking back at past situations shows the industry’s ability to recover. STR’s research revolved around seven major countries in the region: Australia, China, Indonesia, Japan, Malaysia, Singapore and Thailand.
Tags
Asia Pacific
Profit and Loss
Hotels
Educational

Evolution in benchmarking: Composite Comp Sets

19 Oktober 2020
In October 2020, STR launched the Composite Comp Set, an evolution of competitive set benchmarking that will provide hotel industry stakeholders more flexibility and control in an ever-evolving global marketplace.
Tags
Global
Educational
Benchmarking
Hotels

Key factors to recover business demand

15 Oktober 2020
Read about the key factors in recovering business demand and how the hotel sector influences elements of this recovery.
Tags
Europe
Educational
Hotels
Historical Data

Managing admin & general expenses to mitigate revenue losses

14 Oktober 2020
Admin & general expenses are just one area hoteliers can manage to mitigate profit losses in the current operating environment.
Tags
Global
Educational
Hotels
Profit and Loss

Benchmarking can help restructure debt, avoid closures

1 Juli 2020
During a recent webinar on the impacts of COVID-19 on European hotels, STR Managing Director Robin Rossmann drew on his experience at Deloitte and shared with viewers an important practical application of benchmarking.
Tags
Educational
Industry Updates
Benchmarking
Hotels

How to analyze your P&L statement

26 Mai 2020
How can you analyze your P&L statement to better understand your profitability data? We discuss the components of a P&L statement, plus some tips and pitfalls you might experience along the way.
Tags
Global
Educational
Hotels
Profit and Loss

Was ist LPAR?

25 Juni 2024
LPAR (Labor per Available Room) ist eine hilfreiche Benchmarking-Kennzahl, um das richtige Gleichgewicht zwischen Rentabilität und Personalbedarf zu finden.
Tags
Global
Educational
Hotels
Profit and Loss

Your guide to Profit and Loss (P&L) Terminology

18 Mai 2020
Understanding profit and loss terminology is key to successfully analyzing your P&L statements and getting a handle on your property’s performance. Equally important is the use of standardized terminology.
Tags
Global
Educational
Hotels
Profit and Loss

An introduction to Custom Forecasts and their power in making hotel market projections

21 April 2020
We’ve compiled a high-level overview of how Custom Forecasts can benefit you, including a new addition for those already familiar with the product.
Tags
Global
Hotels
Forecast
Educational

Die Rolle von Rentabilitätsdaten in einer umfassenden Hotel-Benchmarking-Lösung

18 März 2020
Entdecken Sie mit unserem ausführlichen Leitfaden zur Rentabilität von Hotels eine weitere Ebene des Hotel-Benchmarkings. Erfahren Sie, wie Sie mithilfe einheitlicher Finanzinformationen intelligentere Entscheidungen treffen, den Umsatz steigern und die betriebliche Effizienz erhöhen können.
Tags
Profit and Loss
Hotels
Educational
Global
Industry Basics

Hotel Operating Expenses Checklist

6 Februar 2020
Download STR's Hotel Operating Expenses Checklist here and learn about the importance of completing this in your P&L data submission.
Tags
Profit and Loss
Hotels
Educational
Global

Was ist TRevPAR und warum ist er wichtig?

18 März 2020
Erfahren Sie, wie TRevPAR-Benchmarking für Ihr Geschäft von Vorteil sein kann.
Tags
Profit and Loss
Hotels
Educational
Global
Industry Basics

How revenue managers should spend their time with STR data

20 November 2019
Learn how to allocate your time during different stages of the revenue management lifecycle and understand how to effectively spend your time with STR data.
Tags
Profit and Loss
Hotels
Educational
Global

Was ist Hotel-Benchmarking?

23 Januar 2020
Erfahren Sie, wie Ihnen der Vergleich Ihrer Leistung mit denen der Konkurrenz helfen kann, datenorientierte Strategien zu entwickeln und fundierte Entscheidungen zu treffen.
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics