The Average Rate Index (ARI) helps hotels optimize pricing and revenue by comparing rates with competitors. Key strategies include dynamic pricing and guest experience enhancements. Regular monitoring ensures continuous improvement and success

Gross Operating Profit (GOP) is crucial for hotels and resorts. This article explores its importance, calculation, and strategies to boost profitability through revenue enhancement, cost control, and operational optimization

The Revenue Generation Index (RGI) helps hotels compare revenue performance to competitors. Improving RGI with dynamic pricing, targeted marketing, and better guest experiences can boost profitability and market position

ADR parity is essential for hotels, ensuring consistent room rates across all booking channels. It builds guest trust, enhances revenue management, and maintains positive OTA relationships. Booking Ninjas' system helps achieve this efficiently

Resort fees are extra charges for amenities like WiFi and pool access, often seen as deceptive. Typically mandatory, these fees can sometimes be negotiated. Future trends include more transparency and a shift toward inclusive pricing.

Turndown service transforms hotel rooms into cozy havens with thoughtful touches. Future trends include personalization, sustainability, and smart technology integration.

Explore the pivotal role of RevPOR in enhancing revenue efficiency in the hospitality industry, contrasting it with metrics like RevPAR and ADR to highlight its unique benefits for strategic decision-making.

Unravel the dynamics of the MICE industry—Meetings, Incentives, Conferences, Exhibitions—valued at $42.8 billion and projected to double by 2032. Explore key trends like virtual events and sustainability practices that are reshaping the sector

Discover how GOPPAR (Gross Operating Profit Per Available Room) transforms hotel management by spotlighting true profitability and guiding strategic decisions. This article offers a deep dive into maximizing operational efficiency and performance

In the ever-evolving world of hospitality, success hinges on a delicate balance between providing exceptional guest experiences and maximizing revenue.

Club facilities are an essential aspect of many communities. They provide a space for members to gather, socialize, and participate in a range of activities.

Managing distribution channels is a crucial aspect of running a successful hospitality business.