In the hotel industry, a key financial measure of a property's performance is revenue per available room, or RevPAR. That's the amount of money that each room in a hotel generates on a nightly, weekly, or monthly basis. RevPAR is affected by occupancy and the average daily rate of the hotel's occupied rooms, but for many hoteliers it's much more than this; it is a measurement that controls whether the hotel sales department accepts or rejects a piece of group business. To ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to How to Deal With RevPAR Challenges, you'll get exclusive access to a large archive of premium content.

Already registered? here.