Episode Details
Back to EpisodesWhy RevPAR Isn't Enough for Most Hotel Owners — and What to Do About It
Description
The gap between luxury hotels and everyone else keeps getting wider — and ignoring it won't make it shrink.
Suraj Bhakta, CEO & Chief Legal Officer of NewGen Advisory, and I spoke on #NoVacancyNews about what's driving that divide. More important, we talked through actionable insights owners outside the luxury segment can actually implement.
Suraj and I get into why upper upscale and #luxury continue to separate from the pack, how price sensitivity hits other segments harder, and why relying on rate alone only goes so far. We also talk through practical ways owners are looking beyond RevPAR and starting to think about total revenue without taking on massive capital projects.
We cover:
🏨: Why luxury continues to outperform other segments
💸: How price sensitivity affects margins outside luxury
📊: Why owners look beyond RevPAR to total revenue
🚲: Experiential #hotel revenue ideas that actually move the needle
🧳: Why extended stay keeps attracting owners and capital
📈: How transaction activity could shape the second half of the year
Special thanks to Actabl — Actabl gives you the power to profit.
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