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Why RevPAR Doesn't Tell the Whole Story
2025-02-27 18:54:27| Hotel Resource
When it comes to measuring the success of a hotel, RevPAR (Revenue Per Available Room) often takes center stage. Its a simple metric: total room revenue divided by the number of available rooms. But heres the catch & focusing solely on RevPAR is like judging a restaurants success by its appetizers alone.
Category:
Hospitality
LATEST NEWS
High&Value Miami Dolphins Sponsorship Underscores the Role of Sports in the Hotel and Travel Industry
2025-02-27 18:37:11| Hotel Resource
According to GlobalData, a leading data and analytics company, the 18&year deal, worth $13.90 million annually, combines stadium naming rights and team affiliations.
Category:
Hospitality
The Welbeck Hotel Opens in London's Marylebone District
2025-02-27 18:28:52| Hotel Resource
The location provides easy access to popular shopping destinations such as Selfridges department store on Oxford Street and Marylebone High Street. It is also conveniently located near Bond Street station, providing direct routes to Heathrow Airport and across London via the Elizabeth Line.
Category:
Hospitality