revpar
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
Six Ways Benchmarking Can Support Post Pandemic Recovery
No matter what stage of the pandemic you are experiencing, these six benchmarking areas will support your distribution strategy and revenue recovery
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
Why Hotels Need To Stop Obsessing About 2019
Hotels must remain forward focused, 2019 is in the past and 2020 will soon be a more distant memory. We must build our strategies for 2022 and beyond
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
Market Forecast Assumptions Needed To Anticipate Future Demand
Long term forecast remains largely unchanged, with US demand to bounce back in 2022, 2023 for the Middle East, 2024 in Europe, and 2025 in Asia Pacific
Dubai Welcomes the World and Hotels are Benefitting
Despite many logistical challenges, Dubai has managed to successfully kickstart this world-renowned exposition, and local hotels are thriving as a result
All (Hotel) Revenue Is Not Created Equal
A dollar is a dollar, a euro is a euro – right? Wrong, at least when it comes to how hotels bring in revenue. All revenue is not created equally
Revenue Management – Emerging KPIs You Need To Know
While traditional revenue management metrics are still important, the industry is gravitating toward standards that reflect a wider spectrum of operations
Why a New Way to Measure Hotel Performance is Needed
Most brands and some management companies have performance clauses in their agreements with owners that indicate a level of REVPAR index to be maintained