RevPAR Optimization: How to Maximize Revenue Per Available Room | Ep. #332
RevPAR is an essential metric for hoteliers and innkeepers as it is used to measure a property’s financial performance. A higher RevPAR means a hospitality property is generating more revenue per available room and I’m going to explain how it works. Welcome to another edition of Hospitality Property School. I am your instructor, Gerry MacPherson. . . Introduction Revenue per Available Room, commonly referred to as RevPAR, is a vital metric used in the hospitality industry to measure the financial [...]