Posts Tagged ‘RevPAR Index’
What’s On the Horizon for the Hotel Industry?
RSS Speakers Tackle Industry’s Most Pressing Issues
Room Type Pricing in the Real World
We talk a lot about Open Pricing and more specifically the value of yielding room types dynamically. We’ve written whitepapers, produced videos and created plenty of slides that illustrate these concepts, but last week I saw firsthand why this is so important and the revenue opportunities too many hotels are missing.Read More
In Uncertain Times, Focus on RevPAR Index As Well As RevPAR Growth
The hotel industry seems to be obsessed with RevPAR and, in particular, RevPAR growth. Typically, one of the first items discussed in a public hotel company’s quarterly earnings report is the percentage of RevPAR growth achieved. STR executives have touted the industry’s significant accomplishment of 85 consecutive months of RevPAR growth in the United States, a feat that dates back to 2010.Read More
Who Cares About Revenue Management?
Nearly 30 years after its debut, we can now safely say that revenue management is an important hospitality discipline. Brands, owners, asset managers and technology suppliers — from entry-level staff to C-level executives — have all joined operators in understanding the importance of pricing your perishable inventory right to meet demand.Read More