Revenue per available room, or RevPAR as it is usually shortened, is a KPI used within the hotel industry to assess financial and business performance. As a metric, it concerns both room revenue and occupancy rate, which makes it an important indicator of a hotel’s overall performance and ...
TRevPAG examines how much revenue you generate from each guest. This includes a client’s ancillary spending on room service, the spa, airport pick-up, etc. As you can imagine, this is the metric you can scale even during low demand periods by actively upselling and cross-selling. Finally...
Scalable solutions for different needs.Revenue management software for hotels is generally flexible. An RMS ensures that smaller properties harness the maximum potential revenue for each room, given their limited inventory. On the other hand, in larger hotels with extensive room inventories and complex...
Learn everything you need about sales revenue, including what it is and how to calculate it using the sales revenue formula—plus examples.
Intelligent Revenue is a new approach to creating the resilience that your business needs to grow profitably and predictably, regardless of changes in the market. It not only considers the boardroom strategy for business growth, but also the system of in
What is the difference between a cloud contact center and an on-premises contact center? How does migrating to a cloud contact center work? Can you share examples of customers migrating to a cloud contact center? Can you show me a cloud contact center, instead of telling me about it?
The Internal Revenue Code of 1986 is a document governing taxation laws in the US that was created as part of the overhaul of the...
The final step is the implementation. Take everything you’ve learned and use it to create a winning revenue marketing campaign. This is a time when you can let your creative juices flow. You don’t need to reinvent the wheel here. There’s still plenty of room in your revenue mark...
Revenue per occupied room is a performance metric that calculates a hotel's total revenue divided by occupied rooms for a given time period. The calculation includes all guest revenue, such as money spent on room service, dry cleaning, spa services, etc. ...
Taxesare eliminated from disposable income because they are mandatory. An individual may downsize to save money or splurge on a fancier car, but there’s no wiggle room in taxes. Understanding Disposable Income Disposable income is the amount of money that a person or family has left after payi...