revpar

Improve Pricing Strategy, Competitive Position, an RevPAR case studies Beonprice article image

Improve Pricing Strategy, Competitive Position, and RevPAR (Case Studies)

It provided the opportunity to rethink pricing strategy, moving from a price level system to an open pricing system, which is more dynamic and profitable

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Hotels Weekly ADR 20% or More Above 2019 

Taking a deeper look at how industry ADR is being driven, we found 40% of hotels had a weekly ADR that was 20% or more above 2019 comparables

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U.S. RevPAR Forecasted to Recover Fully in 2022

Occupancy for 2022 is projected to come in under the pre-pandemic comparable, while ADR and RevPAR forecasted at $14 and $6 higher than 2019, respectively

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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

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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

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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.

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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

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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

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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

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Occupancy Up and ADR Advances Leading to RevPAR Rises

Market occupancy climbed to levels not seen since Columbus Day weekend as 15 markets reported weekend occupancy above 90%

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