93 results found | searching for "rooms,"

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  • BezlaLLC
  • What is RevPAR ? July 20, 2020|Hotel Marketing We all know that the core business of the hotel industry is selling rooms. How can you tell if you are doing well in your core business? RevPAR, which stands for revenue per available room, tells you how much money you are making from each room per night based on how many rooms are occupied and how much you are charging for them. RevPAR is the gold-standard metric in hotel revenue management and is used across all hotels worldwide. If you have not been using RevPAR at your hotel, you should start doing it today. Add all of your total room revenue for the night and divide it by your total number of available rooms, whether or not they are occupied. Let’s say that in a 250-room hotel, the total room revenue for the night is $20,000. The RevPAR is $80. Other hotels in your local market could have a RevPAR of $80, but they could be larger hotels with more rooms or smaller hotels with fewer rooms. Hotels can have the same RevPAR, but they are performing very differently depending on their actual number of available rooms. Thus, use RevPAR along with other revenue management metrics such as your occupancy rate and average daily room rate to get a fuller picture of your performance against the competition. The beauty of RevPAR is that it is purely based on your room revenue. By excluding value-added features like your bar or restaurant revenue, you can focus on your core business. That essentially enables you to decide if you need to adjust your nightly rate or increase your occupancy to get the right amount of revenue for your hotel. If you get your core business right, the success of your other value-added features will follow. If you would like to help in calculating your RevPAR or in setting up your revenue management strategy, call us at 888-999-8086 or email us at support@bezla.com. #HotelMarketing #BeatTheCompetition #Bezla Bezla.com [more]
  • BezlaLLC
  • What does LPAR stand for in the hotel industry? July 6, 2020|Hotel Marketing Believe it or not, they're a lot of hotels that do not track their labor costs, or if they do, they track them inaccurately. Whether you are a small or big hotel, labor will be one of the major operating expenses. Allocate your labor costs properly to maximize your hotel's profitability. LPAR, which stands for labor per available room is a benchmarking tool that gives you a better picture of how much you spend on labor expenses across all your rooms. To calculate your LPAR, add all of your labor costs, including wages, salaries, pensions, and holiday rooms in your hotel for a given period, whether they are booked or not. Let’s say your hotel spends a total of $5 Million on labor expenses annually. If your hotel has 100 rooms available for 365 nights, your LPAR is $136.99. In other words, your hotel spends $136.99 per room on labor. Track your LPAR across different departments in your hotel. Which departments are you spending more on? Does your spending translate to higher efficiency? If your hotel has plenty of rooms, but no full dining and drinking options, your room service costs will likely be higher than your F&B cost. Compare your LPAR with other hotels in your local market. Are you spending more than your competition in the same segment? Does your spending translate to higher revenues? Have some context to know if you are spending more than you should be to achieve your profit margins. Lastly, make the necessary adjustments to your labor spending to improve your profitability. If you want to know more about LPAR, or if you need help in setting up a revenue management strategy, call us at 888-999-8086 or email us at support@bezla.com. #HotelMarketing #BeatTheCompetition #Bezla Bezla.com [more]
  • realestateindia
  • Get best deals on buy commercial property in Dholera, Ahmedabad, find full details of best commercial property for buy & sale in Dholera, Ahmedabad. Find Commercial property in Dholera within your budget on RealEstateIndia.com. Get complete details of all the Commercial property For Sale in Dholera Sir, Ahmedabad, Like; Office Space, Shops, Showrooms, etc... For details, login; https://www.realestateindia.com/ahmedabad-property/commercial-property-for-sale-in-dholera.htm [more]
  • waaiz
  • Video Conferencing Market Size, Share, Growth & Analysis Report By Component (Solution and Services), By Conference Type (Telepresence System, Integrated System, Desktop System, and Service-Based Video Conferencing), By Deployment (Cloud and On-Premises), By Enterprise Size (SMEs and Large Enterprises), By Application (Small Rooms, Huddle Rooms, Middle Rooms, and Large Rooms), and By Region – Global Opportunities & Forecast, 2020-2027 For Additional Insights, Click to Access: https://www.gmiresearch.com/report/global-video-conferencing-market-analysis-industry-research/
  • servicedapartments
  • Risk Analysis of Service Apartments Gurgaon Serviced apartments in Gurgaon offers hotel-like facilities with additional space, luxury and privacy like home, so you'll enjoy all the comforts of home when travelling. They also provide cooking facilities, occasionally a kitchenette but in some case, an entire kitchen with dishwasher and laundry facilities like a washer, bigger living and bedrooms than most average rooms, and usually have access to gyms, restaurants, common areas, attendant and other hotel-like provisions. In conclusion, it seems that Service Apartments Gurgaon: 9015080080 are fantastic for hotel operators, tourists and company travelers but there's a risk involved for investors. For more, info visit:- https://bit.ly/3juHVbO #ServiceApartmentsNearFortisHospital #ShortTermRentalsGurgaon #RentStudioApartmentsGurgaon [more]
  • servicedapartments
  • Does Service Apartments Worth Your Money? Compared with expensive hotel rooms, Olive Service Apartments is a perfect and affordable alternative. People now prefer serviced apartments over hotels because they are given ample space, and privacy. Before choosing any Service Apartments in Delhi, it is always advisable to travel through a checklist of things. This may assist you to find apartments that are ideally serviced. OLIVE serviced apartments, is the Best Service apartments in Delhi: 9015080080. Hurry Up! For more, details visit:- https://bit.ly/3rcwzNd #serviceapartmentssaket #serviceapartmentsgreenpark #serviceapartmentsdefencecolony [more]
  • ShubhamHousing
  • Looking into the economic condition of the society, the government has come up with a scheme called Pradhan Mantri Awas Yojna. It stands for “housing for all”. The Pradhan Mantri Awas Yojna Rural Home loan came into effect from 17.06.2015. According to the scheme, the interest subsidy will be provided on housing loans for the acquisition/construction of houses. The Credit Linked subsidy would also be available for the home loan availed for new construction and addition of rooms, kitchen, toilet, etc. to the existing house as incremental housing. It is the house improvement loan. #HomeLoans #LoanAgainstProperty #HousingLoans #HomeImprovementLoan #PradhanMantriAwasYojana #HomeLoanEligibilityCalculator https://shubham.co/home-loans.php
  • waaiz
  • Dehydrated Vegetables Market by Product Type (Carrots, Onions, Potatoes, Broccoli, Beans, Peas, Cabbage, Mushrooms, and Tomatoes), By End-user (Food Manufacturer, Food Service, and Retail), By Nature (Organic and Conventional), By Form (Minced & Chopped, Powder & Granules, Flakes, Slice & Cubes and Others), By Technology (Air Drying, Spray Drying, Freeze Drying, Drum Drying, Vacuum Drying, and Others), By Distribution Channel (Direct and Indirect), By Region – Global Opportunities & Forecast, 2020-2027 The primary factor contributing to the growth of the Global Dehydrated Vegetables Market includes the increasing consumption of packaged food products across the globe. Visit: https://www.gmiresearch.com/report/dehydrated-vegetables-market/
  • DanielWatson111
  • It is a connected decade because of the growth of digital TV and online streaming. As over-the-top (OTT) and connected TV (CTV) services are all over living rooms, media owners and advertisers are evolving new strategies and infrastructure for adjusting in this new consumer habits. https://musicvideodownloadwebsite.wordpress.com/2020/11/20/how-music-download-website-are-evolving-in-the-connected-decade/ [more]
  • ShubhamHousing
  • The Credit Linked subsidy would also be available for home loans availed for new construction and addition of rooms, kitchen, toilet, etc to the existing house as incremental housing. It is the home improvement loans. https://shubhamhousing.blogspot.com/2020/11/what-are-best-home-improvement-loans.html
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