News2020-01-29T13:02:29+01:00




RevPAR versus RevPOR

Revenue per available room, or RevPAR, and revenue per occupied room, or RevPOR, are two KPIs used within the hotel industry, especially for revenue management purposes. Although the two metrics have similar names, what they measure is quite different, meaning neither KPI is necessarily more useful than the other. How Do You Calculate RevPAR and RevPOR? The formulas for working out the revenue management metrics RevPAR and RevPOR are as follows: RevPAR = Rooms Revenue

4 Reasons Why Resorts Outsource Revenue Management

For resorts, hotels, and other hospitality companies, revenue management is vital, allowing financial results to be optimized. However, many outsource revenue management to a third party rather than handling it internally, because it requires specialist knowledge and tools. In this article, you will learn more about revenue management strategies and some of the key reasons why they are often outsourced. Defining Revenue Management Revenue management is a strategy that maximizes financial results through data and

8 Ways to Improve Customer Experience in the Hospitality Industry

For hotels and other businesses operating in hospitality management, customer experience has developed into one of the single most important battlegrounds, and those who excel in this area are likely to gain a significant competitive advantage over rivals. With that in mind, this article will provide you with eight of the most effective ways to improve the experience you are providing for your customers. 8 Ways to Improve Your Customer Experience Find the eight ways

5 Ways to Transform Your Hotel Into a Smart Hotel

Hotel owners and other leaders within the hotel industry are constantly striving for new ways to reduce costs and improve the customer experience. One of the emerging trends within this area is smart hotel technology. In this article, you will learn more about what a smart hotel is, why it benefits owners and customers alike, and ways you can transform your standard hotel room offering into a cutting-edge smart room. What is a Smart Hotel?

21 Hot Digital Trends in the Tourism Industry to Explore in 2026

The tourism industry is constantly evolving as new digital technology emerges. In this article, we explore some of the digital trends that are going to be most significant in the industry throughout the next year: from virtual reality, which is changing the booking process, to augmented reality, which is enhancing the in-person experience, to artificial intelligence, which is fundamentally changing customer service. Table of Contents: 21 Hot Digital Trends for the Tourism Industry in 2026 1. Artificial Intelligence (AI) 2. AI Chatbots 3. Big Data and Analytics 4. Facial Recognition 5. Robotics in Tourism 6. Contactless Payments 7. Voice Control

Hospitality Training: 20 Need-to-Know Courses to Train Your Staff

Proper training is vital in the hospitality industry. In a dynamic and increasingly competitive business landscape, no role is so minor that quality training can't impact your business's success. For those contemplating a career in hospitality, completing a training course can be a big advantage. In this article, you'll discover 20 courses that create skilled and competent staff. Table of Contents: The Hospitality Industry: Services, Connections and Experiences The Art of Hospitality: Maximizing Potential Through

Hospitality Business: How to Start a Successful Hospitality Company

Hospitality can be a challenging industry for a new business owner. If you're thinking about starting a new business in the hospitality sphere, this is the article for you. Read on to discover everything you'll need to know about the basics of starting a hospitality business, with key tips and important resources to help you get off to the right start. Table of Contents: Defining the Hospitality Industry: Food, Leisure, Accommodation and More The Hospitality

Hospitality Meaning: Understanding the Hospitality Industry

Hospitality is a large and complex industry, meaning delivering services and solutions for guests. The hospitality sector is intimately connected to the hotel and travel industries yet distinct from both. "Hospitality" isn't just a set of services -- it's a culture. In this article, you'll learn about hospitality as an

Slow Tourism: What It Is, Its Importance, and Examples

Slow tourism is an emerging tourism trend that serves as an antidote to some of the negative aspects of mass tourism. At the same time, slow tourism places a strong emphasis on sustainability, engagement with local culture, and fully appreciating travel experiences. Here, you can learn more about slow tourism,

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