Within the hotel industry the topic of discussion has always been how do we maximize our room revenue each month as this also heavily impacts the total revenue your hotel is able to generate. We are now nearly halfway through 2023 and the demand for hotels has settled back to what it was before 2020. […]
Total Revenue Generation – Maximise Your Segmentation to Maximise Your Business Read More »
TrevPAR World has won the coveted global SiteMinder Expert Partner of the Year 2022 Award. This is also the second year in a row that the organisation has earned this desirable accolade. The winners were announced on 31 October 2022. SiteMinder is the world’s leading open hotel commerce platform, ranked among technology pioneers for opening
TrevPAR World Makes It Two Out of Two Read More »
Sample Size Overview For the purpose of this study a sample size of 333 hotels based in Western Cape were used, the 333 hotels selected are based on the Western Cape Region category of STR. The study looks at the forward online pricing of each of the 333 hotels as of 1 June 2020 until
Western Cape – A look into the future right now Read More »
As we enter the month of May it appears that it will be another month of closures for the majority of hotels, guest houses, bed & breakfasts as well as other tourism driven businesses, after some great feedback on our previous article Some Realizations – from the desk of a revenue specialist we have been receiving feedback
What can I do now in preparation for the “new normal” Read More »
I have been working in the hospitality industry for 17 years now and I have been directly involved in sales, marketing and revenue/commercial management for the last 10 of these years and never have I or will I see something like COVID-19 again, this global pandemic has brought the world to its knees and more
Some Realizations – from the desk of a revenue specialist Read More »
TrevPAR World is very proud to announce the launch of Hotel Stays Africa, a zero commission OTA channel powered by social media with the aim of increasing brand awareness and indirectly more direct bookings for any type of accommodation partners from hotels, to guesthouses, to backpackers and even apartment rentals. Hotel Stays Africa is a
TrevPAR World Launches Zero Commission OTA Read More »
Dining being a fundamental and intimate aspect of life in every culture, customers are always looking for more than an excellent menu and an eclectic atmosphere. Customers are rather looking forward to enjoying a great dining experience, which can be inclusive of – good food, service, style, atmosphere and good company. Fine Dining vs Casual
Enhanced Dining Experience – What Do People Really Want Read More »
Social Media, a concept that we are all too familiar with, has evolved immensely over the last few years and it shows no sign of slowing down. With countless social network platforms available at our disposal, we’re able to connect and share information with the person sitting next to us whilst simultaneously engaging and collaborating
The Relationship Between Social Media & Revenue Management Read More »
STR: Asia/Pacific hotel performance for Q1 2017 In the first quarter of 2017, hotels in the Asia/Pacific region reported mostly year-over-year performance increases. Occupancy increased 3.3% to 68.3%, ADR was nearly flat (-0.3% to $104) and RevPAR jumped 3% to $71.04. Full Article Here STR: Central/South America hotel data for Q1 2017 The Central/South America
STR Hotel Data for Q1 2017 Read More »
When looking at any hotel, regardless of size or market we always seem to focus on three main benchmarks – occupancy, average daily rate and RevPAR, with RevPAR being dubbed as king, but why? We are always hearing questions such as is my RevPAR where it should be, are we tracking it correctly and how
TrevPAR vs RevPAR – both matter but which is best? Read More »
