hoteltech.news July 29, 2026

Revenue

Comp set

The comp set is the group of hotels you compare yourself against to tell whether you are doing well or badly. It is chosen by location, category and guest type, not by preference. It is the reference that gives meaning to metrics like the RevPAR index, because a number alone does not say if you are gaining or losing share.

Example An urban four star builds its comp set from five others of the same area and category.

Related terms

Revenue

RevPAR index

The RevPAR index shows how a hotel performs against its competitive set. It is your RevPAR divided by the...

Revenue

Rate shopping

Rate shopping is automatically watching your competitors' prices and your own across channels to decide with...

Revenue

RevPAR

Revenue per available room blends price and occupancy into one figure. You get it by multiplying ADR by...

Revenue

ADR

The average daily rate is the average revenue per occupied room over a period. You get it by dividing room...

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