Hotel Business

JUNE 22, 2023

Top two industry trends causing the most strain on hotel net operating income: 1. Transactions and capital markets: Hotel transaction activity is forecast to slow down in 2023 due to inflationary impacts and the rising cost of debt due to interest rate increases. Labor shortage 2.

Net Operating Income 59

Net Operating Income Real Estate Consumer Hospitality 59

SiteMinder

OCTOBER 9, 2023

It offers insights into room demand and helps in forecasting. GOPPAR – Gross operating profit per available room measures the distinction between your profit and available rooms. Average daily rate (ADR) measures the average revenue earned from each occupied room per day, shedding light on pricing strategies.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotel Operations

MARCH 15, 2023

Hoteliers today are seeing a direct impact of revenue management systems on optimizing price and increasing Net Operating Income and the total incremental value created for hotel assets,” shared Mike Chuma, VP of Marketing, Engagement & Enablement at IDeaS. Forecasting demand is an example. “We’re

Hospitality 59

Hospitality Hotels Operations Revenue 59