Since early 2015, New York City hotels have posted below average RevPAR growth. Implementation of predictive data from nSight reflects the industry’s move from traditional “inward looking” tools to a more outward-focused, integrated revenue and marketing strategy solutions.
The turnaround in hotel investor sentiment
Was that just a raindrop or is the sky falling? How the jaundiced perspective of Wall Street is having a real world effect on the hotel industry and driving the first signs of a sea change in investor sentiment about the hotel sector.
Five methods for increasing your Revenue per Available Room (RevPAR)
Want to increase your average daily rates? Here are five ways to approach this age old problem.
2015 industry occupancy in US expected to reach levels not seen since 1981
Average daily rate growth expected to drive US lodging performance in remainder of 2015 and in 2016, says PwC US.
RevPAR sizzling this summer for North American hoteliers
According to the latest hotel booking data by TravelClick, RevPAR growth, up 7.0% across all segments.
Hotel occupancy continues to surprise in 2015 according to PwC
Based on analysis and recent demand trends, PwC expects industry occupancy this year to reach levels not seen since 1981 and ADR growth to accelerate in 2016.
RevPAR, GOPPAR, ProfPAR: Which Is A KEY Metric?
By feature writer Serge Chamelian: Everyone has heard of RevPAR and its importance to the hotel industry, but is it still the preeminent measurement tool to assess financial performance of hotels?
