- Definition: A metric used to determine whether the property is achieving its fair share of occupancy as compared to a specific group of hotels. It is calculated by dividing the occupancy percentage of the hotel by the occupancy percentage of the competitive set (from a third-party provider such as STR).
- Example: A result of less than 1.00 indicates you are under performing compared to the competition, and a result that is more than 1.00 indicates you are outperforming the competition.
Updated on August 17, 2021
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