trevpar

man standing by a board with graphs and charts reflecting the purpose of revenue management and how to implement it

Focus on These Hotel Revenue Management KPIS to Increase Profitability

Which hotel revenue management KPIs should you focus on more so than others? We’ll touch on seven KPIs that you want to track for your hotel

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5 Tips To Increase Your TRevPAR Without Wasting Time

Offering targeted and personalized offers to your customers (before and during their stay) improves customer experience and increases TRevPAR

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What Can Revenue Management Offer Beyond Room Revenue?

Revenue management teams needs to decide where to prioritise. Hoteliers need to shift the mindset from a room-only / RevPAR-focused approach.

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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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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

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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

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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

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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

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Global Hotel Demand Uptick Tussles with Competing Costs

The hotel industry is happy to welcome guests back, but a continued revenue shortfall, expense creep and difficult labor market, are impacting bottom line

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Why the Future Must Include a GOPPAR Index

What would things look like if a number three or four REVPAR index brand delivered a number one or two GOPPAR performance?

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