KPI Reporting
Key Performance Indicators that we analyze:
we analyze month to date and forecasted revenue
Occupancy rate
Average daily rate month over month
Revenue per available listing (average daily revenue through the month)
Average review score (we review negative listings to help implement solutions, ultimately increasing overall rating
Average length of stays
How KPI Reporting is a beneficial tool:
Tracking progress is an essential and effective tool that helps you stay focused and productive. It allows you to keep a close eye on your numbers and monitor your progress, ensuring that you are on the right track. By regularly tracking your progress, you gain valuable insights into your business's performance, identifying areas that require improvement or adjustment. This not only helps you make informed decisions but also enables you to enhance your business and achieve better results. Without tracking progress, it becomes challenging to gauge your business's success and identify areas that need attention. Therefore, tracking progress is an indispensable tool to ensure continuous growth and success in your business.