revpar
Muted Occupancy and Rate Thwarted European Hotel RevPAR Growth
Muted occupancy and rate thwarted RevPAR growth in the month, down 85% YOY to €15.50. For the year, RevPAR was recorded at €32.84, down 72.7% YOY
How a Total Revenue Approach Can Benefit Your Hotel
By measuring and monitoring total revenue per available room, hoteliers have the ability to take a magnifying glass to all revenue sources
Shift Happens: How Revenue Science Adapts for a Post-Pandemic World
As with any revenue plan, successful agility is not determined by knowing what specific outcome will occur, but by understanding all possible outcomes
4 Reasons GOPPAR Should Be on Your List of KPIs
When a hotel’s financial performance plan is built on GOPPAR they have the raw materials to craft a financial fortress to stand strong
Why Tracking RevPAR Only Is a Recipe for Failure
Relying on RevPAR alone can cause major problems for hotel decision makers. Luckily, there’s a much more reliable recipe for hotel profit
The Impact of COVID-19 on the European Hotel Sector
The last six months have seen unprecedented changes in the hotel sector with dramatic declines in RevPAR and the closure of many hotels
Using Metrics – Other Than RevPAR – to Inform Better Business Decisions
In the hotel industry, it’s profit — not revenue — that pays the bills. Remember: RevPAR doesn’t cover debt service or payroll
5 Key Points on Spain & Portugal Hotel Performance
Spain hotel occupancy levels are starting to show signs of slight recovery after lifting restrictions. The market saw it highest occupancy level on 11 July
Hotel 101: What Is GOPPAR and Why Does It Matter?
For hotels, the GOPPAR benchmarking metric bridges the gap between what your hotel makes and how much you’re putting into operations. You can use it to build a detailed hotel operational strategy.
Can GOPPAR be an Alternative to RevPAR for Hotel Performance?
GOPPAR gives greater insight into the actual performance of a hotel than the most commonly used RevPAR as it considers revenues generated but also operational costs related to such revenues