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Custom Profitability Reports are the ideal tool to analyse revenues, costs and profit breakdowns. The report provides hotel owners and operators the ability to benchmark their properties against their chosen competitive sets. Complimentary market results are available for participating hotels.
Benchmark your property’s occupancy, average daily rate (ADR) and revenue per available room (RevPAR) performance against your chosen competitive set to identify if your property is gaining or losing market share.
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From the desks of the Hotel News Now editorial staff:
• Hotel association still at odds with Airbnb
• Virgin’s third hotel will be in Nashville
• Behind Denihan’s restructuring
• Chatwal founder guilty of illegal campaign contributions
• McInerney to connect US, Chinese travelers
Owners of the Hard Rock Hotel Palm Springs in California are turning to crowdfunding platform RealtyMogul.com to stabilize their asset before reselling