Revenue Management

HOTEL REVPAR IS CONSIDERED THE MOST IMPORTANT METRIC IN THE HOTEL INDUSTRY. tHE REVENUE PER AVAILABLE ROOM IS ESTABLISHED AS THE INDEX THAT VALUES THE FINANCIAL PERFORMANCE OF A CHAIN ​​OR ESTABLISHMENT. This indicator measures the profitability generated by the rooms, in other words, it shows us the number of rooms that were occupied and […]

The idea of evaluating a hotel as a whole and checking its rates enables us to save millions of euros. A hotel’s return on investment must be measured in order to include the results of the initiatives that are carried out, making it possible to determine which ones are successful and work well.

The people behind hotel management understand that experience on a strategic and executive level is key in identifying an establishment’s operating shortfalls while optimizing its business operations and improving its financial results.

In today’s competitive setting, hotels are becoming increasingly aware of the positive results obtained through the advice and contributions of consulting firms. Hotel owners and managers are asking themselves much more frequently whether they are making the most of future demand, their financial yield is appropriate or they are attracting the customers with the most potential.

Hotels have always put different techniques into practise to make themselves known and increase their business volume. With the passage of time and advances in new technology, hotels must adapt to new marketing strategies in order not to miss out on business opportunities.

This time we will talk about the Revenue Management culture in general, focusing on some basic aspects and the way to implement the correct strategy step by step to get the best results.

Today we talk about some of the main issues that we must consider in order to improve the average price of our hotel or resort.