In a hotel, understanding the booking a room can be a complicated process, especially when it comes to navigating the different types of rates that hotel offer. With so many options available, it can be challenging to know which rate is best for your/guest needs and budget. In this blog post, I want to help …
What is RevPAR in Hotel ? RevPAR is stand for Revenue per Available Room and it’s determined by dividing room revenue received for a specific day by the number of rooms available in the hotel for that day. In hotel RevPAR is an important metric because it takes into account both the occupancy rate and …
What is RevPar in Hotel : Including it’s Formula to Calculate & Example Read More »
The front office of hotels, motels, and other lodging establishments is responsible for handling guest check-in and check-out, managing reservations, and providing customer service. However, another critical function of the front office is the night audit, which typically takes place overnight when the day’s business has ended. So the considering the this in this post …
Night Audit in Front Office | Hotel, Including it’s Important & Process Read More »
What is Hubbart formula in Hotel ? The Hubbart Formula is a widely used pricing formula in the hospitality industry to determine the optimal room rate for a hotel. It is named after its creator, Roy Hubbart. The purpose of the formula is to calculate the minimum room rate that will cover the hotel’s costs …
