Xotels

MAY 30, 2024

You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR. As they both contribute to the total equation of revenue being generated in the hotel.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotelogix

JANUARY 29, 2025

Channel manager integration : Keep Online Travel Agencies (OTAs) and your booking system in sync without effort. Point-of-sale (POS) integration : Handle all guest charges without a hitch. It acts as your always-on never-sleeping sales team! Yield management integration : Tweak rates based on current demand.

Management 58

Management Hospitality Hotels Services 58

Xotels

SEPTEMBER 13, 2024

TRevPAR: A Holistic View of Performance TRevPAR ( T otal R evenue P er A vailable R oom) has been a K ey P erformance I ndicator ( KPI ) for a while now. With a revenue trend analysis, this can be spotted in sales over time. The post 8 Revenue Management Trends that Define 2024 & Beyond appeared first on Xotels.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

TRevPAR: A Holistic View of Performance TRevPAR ( T otal R evenue P er A vailable R oom) has been a K ey P erformance I ndicator ( KPI ) for a while now. With a revenue trend analysis, this can be spotted in sales over time. The post 8 Revenue Management Trends that Define 2024 & Beyond appeared first on Xotels.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40