profit

Hotel Profit Leaks: Effectively Manage CAC and Employee Turnover

Customer Acquisition Cost (CAC) is a critical metric, particularly in the hotel industry. Unfortunately, CAC is a hidden cost and hard to manage in hotels

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TrevPAR and It’s Impact on the Future of Hospitality

While everyone agrees that TrevPAR is an important metric for benchmarking against competing hotels, decisions aren’t made off of TrevPAR

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Profit Isn’t Just About Revenue Generation

Profit is not for the passive observers, but for the planners that have a thorough grasp on the revenue numbers and the stories behind them

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Essential KPIs in the Hotel Profit & Loss Statement

Hotel management always want more profit and must drill down into the detail to find opportunities to improve the different profit-level KPIs

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Hotels Move Beyond RevPAR For Comprehensive Business Intelligence

While RevPAR remains a useful metric, it must be considered alongside others to gain a more comprehensive understanding of a hotel’s financial performance

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Cost of Customer Acquisition a Key Factor in Hotel Profitability

The cost of hotel customer acquisition is what you pay to acquire a new guest. That includes marketing, reservations and the cost of serving the guest

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video thumbnail image for discussion with kris glabinski of ratemetrics about how to turn hotel competitor intelligence into additional revenue

How to Turn Hotel Competitor Intelligence into Additional Revenue

In this discussion we look at how hoteliers can turn competitor intelligence into a additional revenue in a very simple way using readily accessible data

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How Personalization Contributes to Increased Revenue and Profits

Hotels can start the personalization of offers when they have insights into the travel reasons, where the guest comes from, and the booking behavior

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How to Optimize Hotel Operating Costs for Better Margins

Following proven strategies for reducing hotel operating costs, you can protect profits, boost your total revenue and uphold exceptional guest experience

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pie graph with a slice separated slightly reflecting the relevance of goppar as a hotel metric and it's value above and beyond revpar

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?

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