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Goppar, beyond Revpar

Goppar, beyond Revpar

What is GOPPAR? Running a hotel successfully can be tough. It requires the perfect application of financial and customer service strategies. While customer service can be learned through training, revenue management is something worthwhile. There are several aspects associated with implementing a successful revenue management strategy for your hotel. These aspects revolve around the right […]

Understanding the RevPar

Understanding the RevPar

RevPar is a relatively new term introduced to the hospitality industry a decade ago. Despite its new arrival, this index has become fairly popular among hotel owners and managers. The RevPar is an amalgam of occupancy rate and the average rate displayed at the hotel. The acronym stands for “revenue per available room”. It can […]