Managing RevPAR for Profits
True to their title, the role of a revenue manager has traditionally been to maximize revenue—specifically RevPAR (revenue per available room), which can be...
Hotel Revenue Roles Provide Opportunity for Greater Impact
For the most part, you can divide those who work in the hotel industry into two categories: hotel operations and hotel ownership. If you’re...
Beyond Rooms Revenue: Profit Growth Continues, Despite Falling Margins
This year, STR’s host P&L program collected P&L data for over 10,000 hotels globally, with more than half of the sample coming from the...
STR Strategy Officer Elizabeth Randall-Winkle Talks Slowdown Strategies
As chief strategy officer at STR, Elizabeth Randall-Winkle is responsible for the development and execution of the organization’s strategic initiatives. Randall-Winkle reviewed for LODGING...
New Hotel Management Company Genuine Hospitality Launches With Five Properties
SAINT LOUIS—Kurt Furlong, a seasoned revenue generation expert, and Rob Willard, a multi-brand hotel operator with more than three decades of lodging experience, have...
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CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance
WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024.
U.S. Hotel...
IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
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