A look at total room inventory vs. Standard occupancy
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Date
2020-08-28
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Abstract
This article introduces a new room inventory methodology(Total Room Inventory) which is using the number of total rooms in the country/market/submarket versus the lower, the standard room count that excludes temporarily closed rooms. Compared two indexes, Standard occupancy allows to count more accurately but the other gives you a broader picture for your room supply. Both are correct mathematically. You just choose what you want to know based on where you stand for - operators or investor.
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Keywords
STR reports, TRI methodology, Standard methodology, Hotel math, Occupancy, Room supply