RevPAR which stands for Revenue Per Available Room is one of the highly used key metrics among hoteliers to have a quick glance of how they are performing. By using RevPAR, hoteliers can have a better insight in measuring the hotel’s ability to generate greater revenue from each room. For […]
The latest Revenue Management Trend in Hotel Industry – Direct Booking. Direct Booking could increase your hotel profit margin. But why now but not earlier? Prior the Software-As-A-Service (SAAS) era, it’s very costly to own your instant booking engine (IBE) on your official website. An IBE could cost a hotel easily MYR 10,000 (approx USD 3,000) one-off and MYR 2,000 (approx USD 600) per year subsequently.