Sales & Marketing
Lead-to-Definite Conversion Rate Calculator
Calculate lead-to-definite conversion rate for hotel and restaurant operations.
Use this tool to review proposal-to-definite conversion rate with a consistent period, denominator, and operating rule.
This formula converts source operating values into proposal-to-definite conversion rate for quick review.
Proposal→Definite Conversion = (Definite Bookings ÷ Proposals Sent) × 100
Group sales conversion should be tracked by revenue, room-nights, or contribution as well as counts when deal sizes vary widely.