revpar
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
Global Hotel Performance Moderates With Summer’s Close
The cold hard truth is arriving with the chillier weather: global hotel performance has a ways to go before it’s back to its former self.
Revenue Management Helps Stave off Discounts During Covid-19 Crisis
The negative relationship, or trade-off, between ADR and occupancy is central to revenue manager’s decision under normal operating conditions
RevPAM: What is it And Why it Matters to Revenue Management Strategies?
RevPAM is one of those metrics that are growing in prominence, changing the way hoteliers look at the earning potential of their property
A Systematic Approach to Monetising New Hotel Offerings
As conversations around monetising new hotel offerings increase, everyone needs to be speaking the same language and guided by a consistent yardstick
Hotel Profit Climbs Higher, But Could Delta Derail It?
Global hotel performance is improving month by month. That’s good news. The more pressing concern is if it will remain – the hotel industry is still fragile
16 Ways You Can Increase Hotel Revenue
While your mission as a hotel is to provide memorable and exceptional guest experiences for your guests, your goal is to earn capital and grow revenue
In Top 25 US Markets Large Hotels Saw Occupancy Decrease Five Points
While the high points of the summer are behind us, it isn’t all doom and gloom. There is still a good percentage of hotels running healthy occupancy levels
Why GOPPAR Provides a Much More Complete Picture
A focus on gross operating profit per available room, or GOPPAR, is the key performance indicator that delivers and why RevPAR just does not always cut it