trevpar
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
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
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
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
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.