In 2023, Luxury Resorts are the Place to Be
Post-pandemic, luxury resorts have proven to be the crown jewel of the industry, shattering Average Daily Rate records month after month.
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Post-pandemic, luxury resorts have proven to be the crown jewel of the industry, shattering Average Daily Rate records month after month.
While RevPAR remains a useful metric for measuring a hotel’s revenue performance, it should be considered alongside other bottom-line metrics to gain a more comprehensive understanding of a hotel’s financial performance.