Why Portfolio Reporting Is Harder Than Adding Up Tour Views

Adding the numbers takes a minute. Knowing whether they mean the same thing takes a lot longer.

You can add the numbers in about a minute. Figuring out whether they mean the same thing takes a lot longer.

Hotels may count a view, a session, an inquiry or an opportunity differently. They may also use the experience for different buyers and share it through different channels.

Before a brand or management company celebrates one tidy portfolio chart, I’d want to know we’re counting the same thing at every hotel. A browser session, a prospect, a shared proposal and a contracted group are four different things. Adding them together doesn’t make them more alike.

Decide what each number means

Define the event, the time period, who counts and who’s excluded. Keep page views, browser sessions, activity on specific spaces, inquiries and booked business separate.

A browser session isn’t a unique planner. Google’s explanation of sessions in Analytics is useful background, but the portfolio still needs its own counting rules.

Our buyer engagement guide covers what this kind of data can and can’t tell you.

Keep the differences between hotels visible

One hotel might have sales share the experience with every qualified lead. Another might mostly have a public tour on its website. Their raw numbers answer different questions.

Write down the channels, the kinds of opportunities, how much of the hotel is covered and how much the staff actually use it, right next to the result. Don’t make a hotel look like it’s underperforming because it serves a smaller, more relevant audience.

Reconcile the money separately

Contract values reported by hotels need consistent stage and period definitions. They aren’t paid revenue, and they don’t prove the experience caused the deal.

Agreeing on a reporting standard is real work. It’s also what keeps the portfolio from making a fast decision based on a total that doesn’t add up.

Use the total to ask better questions

Which hotels adopted the workflow? Which inquiry types does it help with? Where does content upkeep or buyer clarity need help?

Keep the local context and the sample sizes. A big total can hide small samples, missing data and hotels that never really set it up.

The portfolio should end up with a clearer picture of the work. That starts with agreeing on what was counted, before anyone admires how big the combined number got.

Related: How to Compare Two Hotels Without Punishing the Larger One

Mark
Mark

15+ years in hospitality, from the front desk to property IT. Now building FOH Visual in Pittsburgh.