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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:
• TravelClick shows growth on the books
• Waldorf Astoria heads West
• Pandox sells 14 hotel properties
• China's GDP up 7.4% YOY, down slightly from Q4
• CitizenM opens first hotel in the US
With the United Kingdom appearing to have left the recession, the hope was the government would do all it could to spur business. Its 2014 budget largely misses the mark.