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Parking as a source of revenue for hotels

Hotel Business

RevPAS, or revenue per available space, is a key performance indicator (KPI) used at Towne Park to measure the effectiveness of a hotel’s parking revenue strategy. Conduct market research to understand local trends and assess whether other hotels in your competitive set charge for parking. What is RevPAS?

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How To Start A Hotel Business

Catala Consulting

Is Hotel Business Profitable in 2022 There are plenty of reasons why many people would want to start a hotel business, for example, the lucrativeness of the hospitality industry. The easiest way to find out is to conduct market research on the industry. But is starting a hotel really viable and worthwhile?