FO Formula – Revenue Per Available Room (RevPAR) | TRevPOR Calculator

The FO formula for calculating a hotel's performance is based on the metric of Revenue Per Available Room (RevPAR) and Total Revenue Per Occupied Room (TRevPOR). RevPAR is calculated by multiplying the average daily room rate by the hotel's occupancy rate. TRevPOR, on the other hand, is calculated by dividing the total revenue generated by the hotel by the total number of occupied rooms. These metrics are crucial for hotel managers and owners to understand, as they provide insights into the hotel's financial performance and help in making informed decisions related to pricing, marketing, and operations. By tracking RevPAR and TRevPOR, hotel managers can identify areas of strength and weakness, and take corrective actions to improve the hotel's overall performance. To calculate RevPAR and TRevPOR, managers need to have access to accurate data on room rates, occupancy rates, and total revenue generated. This data can be obtained from the hotel's property management system (PMS) and other sources such as online travel agencies (OTAs) and revenue management tools. Overall, the FO formula and RevPAR/TRevPOR metrics are essential tools for hotel managers and owners to optimize their revenue and improve their bottom line.
The Formula for calculating Revenue per Available Room (RevPAR) Revenue per Available Room (RevPAR) – RevPAR is one of the ...
Read more

FO Formula – Average Rate Per Guest (AGR) Calculator

Average Rate Per Guest (AGR) Calculator
Formula For Average Rate Per Guest (AGR) – AGR Calculator The Average Rate Per Guest (AGR) – Provides the average revenue ...
Read more

FO Formula – Average Guest Per Room (APR) Calculator

FO Formula - (PAR) Potential Average Single Rate & Double Rate Calculator To calculate the potential average rate for a single rate room, you simply add up the total revenue earned from the single rate rooms and divide it by the number of single rate rooms sold. This will give you the potential average rate for the single rate rooms.
Formula For Average Guest Per Room (APR) – APR Calculator Average Guest Per Room (APR) – Provides the average number ...
Read more

FO Formula – Total Revenue Per Available Room TRevPAR / HotRevPAR Calculator

Total Revenue Per Available Room TrevPAR
HotRevPAR / TRevPAR (Total Revenue Per Available Room) Online Calculator A measure to calculate the total revenue per available room. ...
Read more

4 Steps To Process Travel Agent Reservation

In this age of technology there are many ways for travel agents to make hotel reservations; 1) Direct with the hotel: through the reservation department or the central reservation office. 2) From the Hotel's website by using special login or promotional codes. 3) Hotel representatives or Sales Managers.
Main 4 Steps to Process Travel Agent Reservation Table of Contents:  In this age of technology there are many ways ...
Read more

OTA – Online Travel Agency – Definition / Meaning

OTAs stand for Online Travel Agencies or Online Travel Agents. In general Online Travel Agents are third-party internet / online bookings or reselling sites that primarily sell hotel rooms, tours, flight tickets, car rentals, vacations, cruises, local experiences, etc. They cover virtually every aspect of researching, planning, and booking travel, from choosing the best airplane seat to reading personal travel reviews of hotels to planning what to do in a destination once you arrive.
What is the Definition or Meaning of OTA and its relevance to the Hospitality Industry? OTAs stand for Online Travel ...
Read more

Main Functions Of Bell Desk Department

The Bell desk is an extended arm of the front desk. There are many activities at the time of arrival, during the stay, and at the time of departure of the guest that cannot be carried out from the front desk but are to be carried out essentially, to provide services to the guest. As the name suggests it is a small desk /counter in the lobby near the main entrance of the hotel.
Main Functions of Bell Desk The Bell desk is an extended arm of the front desk. There are many activities ...
Read more

6 Stages Of The Guest Check–In Procedure [With Flowchart]

6 Stages of The Guest Check-In Procedure The hotel guest check-in procedure involves all stages from the arrival of a guest to the issuance of the room key to the guest; 1) Receiving and Registration 2) Allocation of the room 3) Secure advance Payment 4) Information service 5) Complete the check-in formalities 6) Open the guest folio.
6 Stages of The Guest Check-In Procedure The hotel guest check-in procedure involves all stages from the arrival of a ...
Read more

Different Booking Source Of Hotel Reservation with Examples

When you book a hotel reservation, it is important to pay attention to the booking source. The booking source is the platform or website that you use to make your reservation. There are many different booking sources available, including the hotel's own website, third-party booking sites, and travel agencies. When booking directly through the hotel's website, you may be able to find exclusive deals or promotions that are not available elsewhere. Additionally, booking directly through the hotel allows you to communicate directly with the hotel staff and ask any questions you may have about your reservation. Third-party booking sites, such as Expedia or Booking.com, can offer a wider range of options and prices for hotels. However, it is important to be aware of any additional fees or restrictions that may come with booking through a third-party site. It is also important to carefully read the reviews of the hotel and the booking site before making a reservation. Travel agencies can also be a helpful resource for booking hotel reservations, particularly if you are planning a complex itinerary or multiple bookings. However, they may charge a fee for their services. Overall, it is important to do your research and carefully consider the booking source when making a hotel reservation to ensure that you are getting the best possible deal and experience.
Different Booking Sources of Reservation in the Hotel Industry There are numerous ways a hotel can learn about the guest’s ...
Read more

6 Stages Of Reservation Process In Hotel [With Flowchart]

The reservation process is an important aspect of hotel management. It involves a number of stages that are crucial for ensuring a smooth and hassle-free guest experience. The first stage is the initial inquiry, where the guest contacts the hotel to check availability of rooms and rates. This can be done through various means such as phone, email, or the hotel's website. Once the guest has confirmed their interest in making a reservation, the hotel will ask for details such as the dates of stay, number of guests, and room preferences. Based on this information, the hotel will then offer available options and rates to the guest. The next stage is the actual reservation, where the guest confirms their booking by providing personal and payment information. This is usually done through a secure online booking system or over the phone with a reservation agent. After the reservation is confirmed, the hotel will send a confirmation email or message to the guest, which will include important details such as the reservation dates, room type, rate, and cancellation policy. The final stage is the check-in process, where the guest arrives at the hotel and is welcomed by the front desk staff. The guest will be asked to provide identification and payment, and will be given room keys and any necessary information about the hotel's amenities and services. Overall, a well-managed reservation process is essential for ensuring guest satisfaction and creating a positive reputation for the hotel.
6 Stages Of Reservation Process in Hotel Industry The reservation process is an important aspect of hotel management. It involves ...
Read more