by Ray Hader | Oct 31, 2023
Rental rate refers to the amount of money a landlord or property owner charges a tenant in exchange for the use and occupancy of a residential or commercial property. It is typically expressed as a monthly amount, although it can be quoted on an annual or other basis....
by Ray Hader | May 1, 2023
A Revenue Generation Index (RGI) is a useful metric for comparing hotel revenue to the average RevPAR of the competition. Because it uses RevPAR as its primary KPI, an RGI also accounts for occupancy rates. What is Revenue Generation Index (RGI) For? An RGI is used to...
by Ray Hader | Oct 31, 2023
Revenue growth refers to the increase in income generated from rental properties and real estate holdings over a specific period. This growth typically results from various factors, such as raising rental rates, reducing vacancies, acquiring new properties, or...
by Ray Hader | May 1, 2023
Revenue Per Available Square Meter (RevPAM) is a hotel KPI that measures a hotel’s ability to generate revenue from its banquet and conference spaces. Consequently, RevPAM only applied to hotels that rent space for banquets or conferences, and does not include revenue...
by Ray Hader | May 1, 2023
Revenue per Available Room (RevPAR) is a critical metric for hotels to plan for high and low seasons. It helps hotels measure the efficiency of their operations by tracking how well they’re filling available rooms at their Average Daily Rate (ADR). And since RevPAR...
