Traditional Culture Encyclopedia - Hotel reservation - How about Lufeng Hotel Online Merchants APP?
How about Lufeng Hotel Online Merchants APP?
The essence of hotel industry cycle is the fluctuation of industry supply and demand. OCC is the most direct response to the relationship between industrial supply and demand, and it is the core indicator of cycle evolution. RevPAR/ADR generally lags behind OCC. OCC (occupancy rate) is the number of rooms available for rent, that is, actual demand/actual supply. The constant change of OCC reflects the change of industry prosperity.
Hotel operators can maximize the current RevPAR by adjusting ADR (average house price). OCC continues to rise, and the industry is in short supply. Hotel operators will increase profits by improving ADR. OCC continues to decline, and the industry supply exceeds demand. Hotel operators will attract tourists by reducing ADR. RevPAR is the core index to measure the hotel management level, which directly affects the hotel management performance.
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