Luxury Hotel Group Outlines Road to Total Profit Optimization
The ILHA gathered a group of hoteliers to unpack how hoteliers can turn all their available data into a compelling story that drives profitability.
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The ILHA gathered a group of hoteliers to unpack how hoteliers can turn all their available data into a compelling story that drives profitability.
Ancillary revenues are skyrocketing and total revenue figures can help hotels benchmark performance against their comp set, but operational decisions should be made by diving deeper.
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.
Five areas of hotel operations that look different in today’s post-COVID environment.
MDO’s Forecasting Fridays series dives into the right portfoliowide analytics that will help hoteliers make sense of a dynamic forecasting environment.