Total Revenue: Definition, How to Calculate and Examples
Because total revenue definition takes into account every revenue stream, you should also include the following additional revenue metrics in your strategy
Why Aren’t Hoteliers Talking About the Most Valuable Metric: GOPPAR?
The metric we should pay attention to is GOPPAR because it’s the funds a hotelier has to work with. Why doesn’t GOPPAR have its own index like RevPAR does?
Focus on These Hotel Revenue Management KPIS to Increase Profitability
Which hotel revenue management KPIs should you focus on more so than others? We’ll touch on seven KPIs that you want to track for your hotel
Hotel Performance Ends on High Note for Q1 2022
Hotel performance ended strong with March profit surging across most global regions, a sign of stronger revenues and better conversion rates
For Hotels, Revenue is the Sprint, Profit is the Marathon
RevPAR doesn’t pay the rent. Revenue is part of it; profit is the whole of it. For hotel owners, the whole is where the rubber hits the road.
How Hoteliers Made the Right Rate Decisions This Time Around
Protecting rate is the goal of any hotel operator. It’s easier said than done in the face of the countless intermediaries looking to take a piece of the pie
The 6 Quadrants of GOPPAR
GOPPAR is the new measurement everyone is talking about but it is a bit more complicated than REVPAR. You have six pieces to deal with not two
A Year Full of Abnormality: 2021 Hotel Performance Ended More Settled
The global hotel industry’s climb back to profitability has not been easy, but it trudged back and ended 2021 almost back to 2019 levels
Omicron Emergence a Yardstick for the Hotel Industry
The drop in hotel revenue, despite a still lower cost base, led to GOPPAR of $11, which was 64% lower than November 2020 and 75% lower than in November 2019
Omicron Threatens Hotel Performance Recovery
Indications are future hotel bookings, meetings and other hotel related activity will be impacted by the presumed expectation of future travel impediments