trevpar

A Year Later, the Hotel Industry Recalibrates, Reassesses

Just over a year after the pandemic, the global hotel industry is slowly stirring from hibernation and seeing at least modest gains in traveler demand

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Though Travel is Low Some Regions Show Signs of Performance Positivity

Though global travel remains stunted, some regions are showing signs of sustained performance positivity. Include AsiaPac and the Middle East on that list

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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

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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

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Budgeting Season is Here: Oy Vey! But It Doesn’t Have To Be

Zero-based budgeting is a way to deal with instability. It’s a method of budgeting in which all expenses must be justified on each new period

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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

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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

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What Is TRevPAR (Definition and Why It Matters)?

RevPAR calculates revenue derived from rooms; TRevPAR calculates revenue from every nook and cranny. Therefore, it provides a big picture view, allowing for operational adjustments to be made.

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