trevpar

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

Relying on RevPAR alone can cause major problems for hotel decision makers. Luckily, there’s a much more reliable recipe for hotel profit

In the hotel industry, it’s profit — not revenue — that pays the bills. Remember: RevPAR doesn’t cover debt service or payroll

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.