revenue
North East Hotels record a 3.3% increase in GOPPAR
According to Hotstats July 2015 UK Chain Hotels review the UK provincial hotel market registered positive year-on-year movements across all key performance indicators for the month of July. Hotels in […]
Hotel Rates, Occupancy Rise Around The World
Occupancy and average daily hotel rates increased year over year in all four global regions during July, according to STR Global. In the Americas, ADR increased 5.8 percent to $124.78 […]
The Impact of RevPAR Growth on Profit
ProPAR Graph Earlier this year, Hotel Appraisers & Advisors published an article summarizing how several hundred hotels performed, ranked by House Profit per available room (ProPAR). The article then compared […]
ADR Growth Expected to Drive US Lodging
An updated lodging forecast released today by PwC US expects average daily rate (“ADR”) to drive revenue per available room (“RevPAR”) increases in a more meaningful way through the second-half […]
Why Excel isn’t enough for revenue strategy
Excel is good at lots of things. But is it really the best tool for hotel revenue strategy? Think of it like a Swiss Army Knife. It has a blade, […]
Why Revenue Managers Should Be Paid More
Revenue Managers are still not being paid as well as many of their colleagues. Yet, it is hard to argue with the notion that Revenue Management is now the most “mission […]
MEA hotels increase revPAR, ADR and occupancy
STR Global reports that hotels in the Middle East and Africa region reported positive results in three key performance metrics in their compiled July 2015 data. The biggest rise by […]
Experts weigh in on how to disclose resort fees
Whether to bundle resort fees into room rates or separate them is a source of debate in the hotel industry, but experts agree that transparency and full disclosure are musts. […]
Top five things GMs need to know about revenue
In today’s seemingly ever-changing hospitality market, hotel general managers (GMs) have become the key collaborators linking marketing, sales, reservations and e-commerce divisions within a property. NB This is a guest […]
Strong advance bookings show positive outlook
As the end of summer nears, hotels in major North American markets are focusing on capturing bookings for early 2016 as opposed to last-minute travel deals, according to data from […]