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Why Your Definition of Revenue Management Needs an Overhaul

Revenue Hub

NB: This is an article from Demand Calendar Its traditional definition has guided countless professionals in optimizing profitability and driving success. One constant in this ever-changing landscape has been the definition of revenue management. Revenue management has long been one of the cornerstones of hotel operations.

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Cvent Enters Definitive Agreement to be Acquired by Blackstone

Lodging Magazine

announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 A […] The post Cvent Enters Definitive Agreement to be Acquired by Blackstone appeared first on LODGING Magazine.

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Highgate Enters Definitive Agreement to Purchase Viceroy Hotels & Resorts

Lodging Magazine

NEW YORK—An affiliate of the principals of Highgate announced that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts. The post Highgate Enters Definitive Agreement to Purchase Viceroy Hotels & Resorts appeared first on LODGING Magazine. We are excited for Viceroy’s […].

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What is RevPAM? Definition and Formula for Hotels

Revenue Hub

Definition and Formula for Hotels appeared first on Revenue Hub. Meanwhile, the conference room is generating the lowest amount of revenue per square metre and is thus the least efficient space. Read the full article at SiteMinder The post What is RevPAM?

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Proudly Committed, RIU’s definitive step towards sustainability

Hospitality Net

RIU has presented its new Proudly Committed sustainability strategy. This change comes after a deep internal reflection on the future of the hotel industry and its impact on the community, the environment and employees.

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Hotel Asset Management: Definition, Importance, and Practices

Revfine

Read on to discover what hotel asset management is and what it The post Hotel Asset Management: Definition, Importance, and Practices appeared first on Revfine.com.

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Total Revenue: Definition, How to Calculate and Examples

Revenue Hub

Subscribe to our weekly newsletter and stay up to date In this post, we are going to explain what the total revenue definition is, and how you can calculate total revenue in your hotel. Total revenue definition Let’s start by looking at a basic total revenue definition. How do you calculate total revenue?