What is ‘Revenue Per Available Room – RevPAR?’

What is ‘Revenue Per Available Room – RevPAR?’

Revenue per available room (RevPAR) is a metric used in the hotel industry to determine the financial health of the business based on the average daily room rate (ADR) by the occupancy rate. It can also be determined by dividing the total room revenue by the total...
What is Occupancy Rate?

What is Occupancy Rate?

Occupancy rate is the ratio of rented or used space for the total amount of available space. The metric is expressed as a percentage and is often used when determining how much available space is actually being utilized in a given period. How to calculate Occupancy...
What is Hotel Occupancy Tax?

What is Hotel Occupancy Tax?

Occupancy tax is a tax on the rental of rooms that the city, county, state or country may require; it is generally owed on the price of accommodations or any additional fees like cleanings or extra guests. An occupancy tax can also be referred to as a lodging tax, a...
What is Average Daily Rate (ADR)?

What is Average Daily Rate (ADR)?

Average Daily Rate (ADR) is a commonly used financial indicator in the hotel industry to measure your hotel’s statistical performance compared to your competitor’s and to measure your hotel to itself (year over year).  The number represents the average rental income...
Our Most Important Stories from 2017

Our Most Important Stories from 2017

Changing the calendar at the end of December marks a time for reflection on the past year, and planning for the future. As we look back on 2017 and the stories that shaped our industry, Texas hoteliers can be proud of the good work and compassion of our members, the...
National Labor Board Strikes Down “Micro Unions”

National Labor Board Strikes Down “Micro Unions”

On December 15, the National Labor Relations Board (NLRB) struck down the ability to use “micro-unions” to organize private workplaces.  In the pro-employer decision, the NLRB reinstated the older, traditional “community-of-interest” standard for determining whether a...
Jo Fischer – A Lifetime of 5 Star Service

Jo Fischer – A Lifetime of 5 Star Service

Jo Fischer, wife of Ed Fischer for 71 glorious years, was a lifelong supporter of hospitality and THLA (formerly the Texas Hotel/Motel Association). In the late 1950’s the hotel industry in Texas was booming and one of the first new glamour hotels to open was...

Pin It on Pinterest