Room Night Penetration is a metric used in the hotel industry to calculate the percentage of available room nights that are sold or occupied within a given time period. The formula for calculating the Room Night Penetration Rate is as …
Occupancy Rate and Room Night Penetration are both key performance indicators in the hotel industry, but they measure slightly different aspects of a hotel’s business performance. Here are the key differences: Occupancy Rate: Focus: Occupancy rate measures the percentage of …