occupancy
Pricing Power No Longer Following Demand Post Pandemic
Luxury hotels may be leading rate recovery, but pricing has reached pre-pandemic levels extremely rapidly, with all six classes reporting ADR highs
Hotel Occupancy Leaders Appeal to Both Business and Leisure Travel
Hotel RevPAR looks to be on steady footing; however, a look at RevPAR contribution shows a greater influence from ADR as opposed to occupancy in many areas
Why Your Hotel Needs a Daily “Pick-up” Report
Y1ou would be surprised how many hotels do not use their pick-up report properly and miss out on the financial opportunity a good strategy can represent
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
Europe Hotel Occupancy Remains Stable
When looking at Western and Southern Europe, steady improvement has remained constant with the highest occupancy levels in Ireland and the U.K
U.S. Hotels Post Highest Weekly Occupancy Since Summer 2021
Boosted by Spring Break and NCAA March Madness, one-fifth of the 166 U.S. markets reported their highest occupancy of the past 32 weeks
How To Be a Genius and Drive Up Hotel Visibility and Occupancy Rates
When Genius members look for a property that is a Genius partner, that property will stand out, increasing the chances of the property getting booked
Your Hotel’s 2019 Performance Lays the Foundation for Your 2022 Forecast
Any hotel which maintained underlying principles of revenue management throughout the pandemic are stronger and poised for profit as travel ramps up
Understand the Fundamentals of Hotel Benchmarking
It is fantastic to have access to various types of hotel benchmarking metrics. But we must understand that not every piece of information is important
No Vacancies: When Do You Sell Out Your Hotel?
During high demand periods, staff working extra hours are paid higher rates for those hours, which doesn’t impact hotel profits as much as you think