trevpar

child with a rubix cube illustrating the various complexities hotels will face as they try adopt net revenue

Net Revenue: A Challenge to Embrace or Just Another Pipe Dream?

In this discussion we ask is Net Revenue easier to achieve than Total Revenue? And do we know what Net Revenue actually means?

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pie graph with a slice separated slightly reflecting the relevance of revpam as a hotel metric and it's value above and beyond revpar

What is RevPAM? Definition and Formula for Hotels

RevPAM is one of those metrics that are growing in prominence, changing the way hoteliers look at the revenue potential of their property

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Drive More Revenue and Brand Engagement with Hybrid Hospitality

Another major shift aims to unlock the full revenue generating potential: replacing traditional room-only metrics with TRevPar or RevPAM

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How to Maximize Hotel TRevPAR

Now that we understand how TRevPAR works and why it’s an important metric, let’s explore ways to increase and enhance it!

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TrevPAR and It’s Impact on the Future of Hospitality

While everyone agrees that TrevPAR is an important metric for benchmarking against competing hotels, decisions aren’t made off of TrevPAR

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man standing in front of calculations and algorithms reflecting the need to unlock efficiency and revenue utilising deep q learning with batch constraints

Total Revenue: Definition, How to Calculate and Examples

Because total revenue definition takes into account every revenue stream, you should also include the following additional revenue metrics in your strategy

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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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