Our News
See all the news and announcements of our company regarding our services and projects.
news ~ announcements
26 / 02 / 2024
Hotel Leasing Agreement: Everything you need to know.
As a hotel property owner, once you decide to lease your hotel to a hotel management company, there are many things to consider before you "hand over" the keys of your hotel. In the following article, you will learn what you need to pay attention to so that you can achieve a robust and rewarding deal.
READ MORE06 / 02 / 2023
Hotel Revenue Management
In view of the 2023 season, with inflation soaring, energy prices and interest rates at all-time highs, and the labor issue troubling hoteliers worldwide, it is a must for an owner, general manager, or revenue manager to know their hotel's break-even point. In other words, what is the occupancy and average rate the hotel needs to achieve to reach the "profitability threshold"?
In the following article, you will learn the definitions of Break-Even Analysis, how it is calculated in the case of a hotel, and how to apply it to your own hotel's revenue management strategy.
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31 / 01 / 2023
RevPAR vs ADR: What's the difference?
Understanding the difference between RevPAR and ADR is key to better analyzing the Key Performance Indicators of a hotel, also known as KPIs. These two KPIs are important performance indicators that can help hoteliers make data-driven decisions to optimize revenue management strategies.
While RevPAR and ADR are similar, they are used in different ways. RevPAR, which stands for "revenue per available room," shows how successful your hotel has been in filling its rooms, while ADR shows how successful your hotel has been in maximizing room rates.
In this article, we will go into detail on what these two metrics are and how they are used.
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