Understanding Portfolio Analytics
Summary
AI-generatedThis video explains how to use PriceLabs' Portfolio Analytics to understand key performance indicators (KPIs) like ADR, occupancy, and RevPAR. Hosts will learn to analyze trends, identify underperforming listings, and refine their revenue strategies using historical and pacing reports.
Key insights
Pacing reports comparing your portfolio against market data can reveal if your pricing is too high (low occupancy) or too low (pacing ahead with low occupancy).
Mistakes to avoid
Assuming Average Daily Rate (ADR) is based on listed prices rather than the actual rates of booked nights can lead to inaccurate performance assessments.
Tools & resources
PriceLabstool
PriceLabs offers a revenue management solution that combines automation and market data to maximize revenue for larger portfolios.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial