trevpar
Why Capacity Driven KPIs Are Holding Hotels Back
Focusing heavily on capacity related metrics might look like a path to revenue gains. Here are four common pitfalls of a capacity centric approach
Why RevPAR Doesn’t Tell the Whole Story
RevPAR is just one piece of the puzzle. It’s a snapshot of room revenue performance, it doesn’t account for other revenue streams or expense management
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?
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
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
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!
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
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
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
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