Given the largescale market disruption over the past two years, it is important that hotels set KPIs relative to competitor performance to measure their success relative to the market they operate within.
New deal between hotel owners and management
The new deal proposed here is the need for a new number to emerge and be adopted in the same way REVPAR and REVPAR index was and is.
Berlin hotels post record-breaking year
Berlin’s hotel industry reached its highest levels in occupancy and RevPAR despite the uncertainty around an economic recession, according to 2019 data from STR.
U.S. hotel RevPAR forecasted to flatten
For the first time since 2009, the U.S. hotel industry is projected for a non-growth year in RevPAR, according to STR
STR: U.S. hotel performance for September 2019
The U.S. hotel industry reported mostly negative results in the three key performance metrics during September 2019 according to data from STR.
PwC Hospitality Directions US – Updated Lodging Outlook August 2019
The US lodging industry appears to be at an inflection point, driven by a combination of decelerating demand as well as continued economic and global trade risks.
Amsterdam’s ban on hotel development helps raise average rates and boost RevPAR, says HVS
Amsterdam’s strong year-on-year RevPAR growth has been largely driven by a substantial uplift in average daily rates fuelled by the ban on new hotel developments imposed in the city centre, as well as an increase in demand.
Despite RevPAR bounce, GOPPAR Drops at UK Hotels
Despite RevPAR growth, an increase in costs continued to chip away at profit levels at hotels in the UK in May, according to the latest data from HotStats.
Must Have Hotel Revenue Strategy for More Profitability
For a hotel revenue manager, every day brings an awakening as there is no dearth of disruptive innovations that are…
Understanding RevPAR and RevPAR Index: are you getting your share of the revenue pie?
RevPAR and RevPAR index are different. Let’s clarify both of them.
