Tackling the RevPAR Equation

Make sure that the hotel’s revenue management guidelines don’t leave you struggling to meet unrealistic room block and F&B minimums.

In the hotel industry, a key financial measure of a property's performance is Revenue Per Available Room, or RevPAR. That's the amount of money that each room in a hotel generates on a nightly, weekly, or monthly basis. RevPAR is affected by occupancy and the average daily rate of the hotel's occupied rooms, but for many hoteliers, it's much more than this; it is a measurement that controls whether the hotel sales department accepts or rejects a piece of group business.

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish