Monday 27 April 2020

TRD Insights: Hotel revenue improves from abysmal to merely awful

 As the national occupancy rate for hotels rose last week, thanks in part to medical workers filling guest-starved rooms and lots of empty hotels shutting down, another key metric tracked by the hospitality industry climbed: revenue per available room, or RevPar. RevPar is a metric that allows hotel owners to see how much revenue they are generating from a property’s bookings. For the week ending April 18, the average RevPar in the U.S. rose by



source https://therealdeal.com/2020/04/27/trd-insights-hotel-revenue-improves-from-abysmal-to-merely-awful/

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