Forecasting KPI Market Research 
Hotel Business
JUNE 27, 2023
RevPAS, or revenue per available space, is a key performance indicator (KPI) used at Towne Park to measure the effectiveness of a hotel’s parking revenue strategy. Conduct market research to understand local trends and assess whether other hotels in your competitive set charge for parking. What is RevPAS?
Catala Consulting
OCTOBER 19, 2022
The easiest way to find out is to conduct market research on the industry. Market research will reveal to you who your competitors are, trends in the industry, the customer as well as behaviour. Buying an existing hotel is low risk because of its past KPI , and you know what to expect.
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