What does RM mean in hotel?
What does RM mean in hotel? Revenue management of the past Initially, revenue management was a discipline in which hoteliers were systems experts, working under a hotel's director of sales and marketing.
What does RevPAR mean in hotels?
Understanding Revenue Per Available Room (RevPAR) RevPAR is a metric used in the hospitality industry to assess a property's ability to fill its available rooms at an average rate. An increase in a property's RevPAR means that its average room rate or its occupancy rate is improving.