Hotels & lodging
ADR, Occupancy and RevPAR Explained for Independent Hotel Owners
Three numbers run a hotel's top line. Here is how ADR, occupancy and RevPAR fit together, and why two hotels with the same RevPAR can earn very different profits.
Hotels & lodging
Three numbers run a hotel's top line. Here is how ADR, occupancy and RevPAR fit together, and why two hotels with the same RevPAR can earn very different profits.
Hotels & lodging
Hotels, hostels and serviced apartments each ask for a different kind of capital: labour, volume or construction. Match the model to what you can actually fund.
Hotels & lodging
A brand is worth what your hotel earns with it, minus what it earns without it, minus the fees. Here is how to put numbers on that before you sign.
Hotels & lodging
A heritage hotel conversion works when the building sets the brief. Survey first, map the consents, let the floor plan decide the rooms and price in the premium.
Hotels & lodging
A hotel pre-opening budget is less about the building and more about people and time. Here is where the money goes, and how to price a week of delay.
Hotels & lodging
A B&B can still work, but only if the lodging business pays you a fair wage on its own. Here is a plan built around two plain tests.
Hotels & lodging
Guest journey maps usually list stages. A better one lists promises: what you said, who keeps it, and how you would know it broke. Here is the framework.
Hotels & lodging
Hotel restaurants are usually judged on their own profit, and misjudged. Decide by the job the restaurant does for the rooms, then pick the model that fits.
Hotels & lodging
Ten numbers, read in a sensible order, tell you how last night went, how the next 90 days look, where cash is and what tomorrow needs. Each comes with a question.
New formats
Most new hospitality formats share one move: they sell hours or square metres the old format left empty. Here is how to read the trends, and a five-question test before you copy one.
New formats
People are spending more time alone, and cafes, bars and hotel lobbies are filling the gap. The catch: a true third place is cheap to enter and full of regulars. Here is how to run one.
New formats
A microhotel is a hotel with small, well-designed rooms and generous shared spaces. It can earn more per square metre, but only if the lobby and bar carry the stay.