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At the start of 2020, the hotel industry’s show growth and rising revenue looked vulnerable. Now the spread of the coronavirus threatens to make it Read More
The World Health Organization declared the coronavirus outbreak that showed its first signs in December 2019 on January 30, 2020. Initial indications are that tourist Read More
It is only few days and 2020 is approaching us, everyone in the industry might be busy for closing 2019 successfully and plan ahead for Read More
Your property bottom line is defined and measured for success if you as the property revenue manager implement a good revenue management strategy with the help Read More
Can GOP PAR be an alternative to widely used REV PAR for hotel performance? Advantages and disadvantages Analysis.
Long-time ago for hotel industry performance analysis, there are two simple traditional indicators were used: ADR (average room rate) and the percentage of occupancy. Then with Read More
Choosing the correct hotel Channel Manager is always a critical decision for hotels. There are many factors can be taken into consideration when you decide Read More
While the hospitality industry has an ongoing need for managers at all levels, the need is even greater for revenue managers who possess the long-term mindset, capabilities and Read More
Hotel Operation Cost is in Raise, the Correlation Coefficient between Revenue Management, Breakeven Points and Hotel Operation Cost.
Ideally, the ultimate goal for any hotel is to increase the top line (sales and revenue) and decrease the expenses (variable and sometimes fixed costs) Read More