Hotel Revenue & Management Blog

What is the meaning / definition of Transient in the hospitality industry? At most hotels, guests fall into two main categories: group and non-group. Amongst the non-group category are Transient Travellers: these are guests who are predominantly on-the-move and seek short (and often urgent!) hotel-stays. Transient travellers can include: Walk-in guests Guests with a last-minute booking, and/or Simply individual guests [...]

Total Revenue Management is a much-discussed concept in hospitality, but in reality it has produced a great deal of confusion. Put simply, it is the revenue management of all revenue sources in a hotel. From your RevPAR and GOPPAR to thehotel restaurant, and from the bar, spa and gym to activities and excursions, it encompasses every single hotel income stream.

What is the meaning / definition of Total Revenue in the hospitality industry? Total Revenue is the total amount of Revenue coming from all operational departments in a business. Total Revenue is the most common indicator with any business as it allows an insight into a company’s overall performance, market size etc. Total Revenue can be generally be found at [...]