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STR Market Performance

STR Market Performance

Path to report: Landing Page → STR → STR Market Performance

Table Columns - Rooms | ADR | RevPar

Metric Description Formula
Actual Number of nights stayed or on-the-books (OTB).  Count of room nights
Market Penetration Index (MPI) Measures a hotel’s performance in occupancy (Occ) relative to an aggregated grouping of hotels (i.e., Competitive Set, market, submarket). If all things are equal, a property's Occ Index or MPI is 100 compared to the aggregated group of hotels (historically described as "fair share").  (Hotel Occupancy % / Competitive Set Occupancy %) x 100
Average Rate Inder (ARI) Measures a hotel’s performance in ADR relative to an aggregated grouping of hotels (i.e., Competitive Set, market or submarket). If all things are equal, a property's ARI is expected to be 100, compared to the aggregate group of hotels. Historically, this is described as "fair share."  (Hotel ADR / Competitive Set ADR) x 100
Revenue Generation Index (RGI) Measures a hotel’s performance in RevPAR relative to an aggregated grouping of hotels (i.e., Competitive Set, market or submarket, etc.). If all things are equal, a property's RevPAR Index, or RGI, is 100, compared to the aggregated group of hotels. Historically, this also is described as "fair share."  (Hotel RevPAR / Competitive Set RevPAR) x 100

Table Rows (Daily) - 

Table Rows (Monthly) -