Tag: Revenue
Business Travel Boosts U.S. Hotels’ Profit Per Room in September
Key Performance Indicators
September 2018 vs. September 2017
RevPAR: +0.6 percent to $158.72
TRevPAR: +3.4 percent to $252.30
Payroll: -0.3 pts to 35.1 percent
GOPPAR: +5.9 percent to $95.66
A...
Three Ways Hoteliers Can Leverage Big Data to Drive Revenue
Once upon a time, hoteliers had to rely on spotty and inconsistent feedback from the field and handwritten information stored in bulky, three-ring binders...
2018 Revenue Strategy Summit Offers a Day of Deep Dives Into Hospitality Finance
On July 10, approximately 300 revenue managers, owners, operators, and other hotel professionals met at the Newseum in Washington, D.C. for the sixth annual...
Thoughtful Renovation Practices Ensure Hoteliers Make the Most of Property Updates
While many hoteliers may inwardly groan at the cost of a full-property renovation, giving a hotel a facelift is a great way to boost...
To Win the Future, Avoid Innovation Mistakes from the Past
It’s fun to think about the hotel of the future and what that next-generation guest experience could look like. But when hoteliers imagine transforming...