Revenue Management,
from the night shift.
Our articles, rewritten in English. The ones we have not rewritten yet are available in Greek.
What is hotel ADR and how do you calculate it correctly?
ADR is not the average of your monthly ADRs. The formula, a season example in euros, and why the simple average misleads you — sometimes up, sometimes down.
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What is hotel RevPAR and how do you calculate it?
Room revenue over the rooms you had, not the rooms you sold. A worked example in euros, what RevPAR hides, and how to read it in a seasonal hotel.
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Greek holidays and local events: why they are not all worth the same
Why 28 October on a Wednesday is not the same as on a Saturday, why “same day last year” fails on moving holidays, and how to compare a holiday with normal nights — with RevPAR and a worked example.
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Revenue management for independent hotels: what we believe
What mathematics asks, what hotel management asks, and why a number says only as much as it can bear. The ideas WisDom RM started from.
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