It comes as no wonder that the tourism industry is responsible for 8% of global greenhouse gases. The hotel sector is not an exception to how sustainability values are fast becoming a top concern. But what exactly does this term mean? Sustainability in the hospitality industry is the ability of natural ecosystems to sustain life and provide resources for current and future generations. It is clear that hotels place more demands on natural resources. They … Read More

What is Hotel RevPAR? RevPAR is a key metric in efficiently building your hotel’s revenue. It is one of the most significant metrics that build hotel business and should be monitored closely. The concept of RevPAR can help you plan your hotel room rates better and increase your revenue. What is RevPAR in hotels? Hotel RevPAR stands for Revenue Per Available Room. It’s important for hoteliers to measure their success by tracking the number of … Read More

There are many benefits to hiring a hotel revenue management company. But there are some big benefits that apply to both small and large hotels as well as mid-sized and tiny hotels. How it impacts the bottom line? 1. Help you forecast booking trends. 2. Implement proactive pricing strategies. 3. Enhance visibility across channels. 4. Build new revenue opportunities. 5. Optimize revenue by up to 20%. 6. Create and compare forecasts vs revenue reports. 7. … Read More