The hospitality industry is constantly evolving, and to stay ahead, hoteliers must track key Revenue Management metrics. These indicators help optimize pricing, predict demand, and maximize profitability. Here are the essential metrics every hotelier should monitor in 2025. 1. RevPAR (Revenue per Available Room) – A Key Revenue Management Metric RevPAR is a fundamental metric that helps hoteliers measure their revenue performance. It is calculated as: RevPAR = Total Room Revenue / Available Rooms Why … Read More
In the hospitality industry, crises can disrupt business operations and put financial resources under strain. Whether caused by economic downturns, natural disasters, or global disruptions, these challenges require hotels to adapt swiftly and strategically. Revenue management software (RMS) has become an essential tool for navigating these uncertain times, offering solutions that aid both crisis response and recovery strategies. How Revenue Management Software Supports Crisis Management Revenue management software plays a crucial role in crisis management … Read More