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Parking as a source of revenue for hotels

Hotel Business

Much like RevPAR (revenue per available room) in hotel room sales, RevPAS ensures you are optimizing the revenue generated from each available parking space. Conduct market research to understand local trends and assess whether other hotels in your competitive set charge for parking.

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Hotel industry statistics: Guide for hotels

SiteMinder

Online sales in the hotel segment will generate 80% of total revenue in 3 years. Global Hotel Industry Market Report by Allied Market Research – Analysis of the global hotel industry, including market size, growth trends, key players, and future projections. Hotel occupancy will increase 2.5%