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    <title type="text">Hospitality&#45;Industry.com | Wiki</title>
    <subtitle type="text">Hospitality&#45;Industry.com | Wiki</subtitle>
    <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/" />
    <link rel="self" type="application/atom+xml" href="http://www.hospitality-industry.com/index.php/wiki/Special:Recentchanges_Atom" />
    <updated>2008-05-09T09:16:25Z</updated>
    <rights>Copyright (c) 2007, general@hospitality-industry.com</rights>
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    <id>tag:hospitality-industry.com,2008:05:09:wiki</id>


    <entry>
      <title>GOPPAR</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/GOPPAR/" />
      <id>tag:hospitality-industry.com,2008:wiki:GOPPAR/13.25</id>
      <published>2008-05-09T09:16:25Z</published>
      <updated>2008-05-09T09:16:25Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>GOPPAR - Gross Operating Profit Per Available Room
</p>
      ]]></content>
    </entry>

    <entry>
      <title>OccupancyRate</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/OccupancyRate/" />
      <id>tag:hospitality-industry.com,2008:wiki:OccupancyRate/7.24</id>
      <published>2008-05-09T09:10:27Z</published>
      <updated>2008-05-09T09:10:27Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>The occupancy rate is the occupancy percentage of your hospitality industry business (motel, hotel, etc) and is calculated by holding the number of rooms sold per annum against the total number of room nights available.
</p>
<p>
Number of rooms sold per period / totalnumber of rooms available for the same period period = Occupancy Rate
</p>
      ]]></content>
    </entry>

    <entry>
      <title>BAR</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/BAR/" />
      <id>tag:hospitality-industry.com,2008:wiki:BAR/12.23</id>
      <published>2008-05-09T09:08:57Z</published>
      <updated>2008-05-09T09:08:57Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>BAR - Best Available Rate 
</p>
<p>
BAR is also know as Best Rate Guarantee (BRG) and is used to determine the price by forcasting demand.
</p>
      ]]></content>
    </entry>

    <entry>
      <title>ADR</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/ADR/" />
      <id>tag:hospitality-industry.com,2008:wiki:ADR/11.22</id>
      <published>2008-05-09T09:05:55Z</published>
      <updated>2008-05-09T09:05:55Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>ADR - Average Daily Rate
</p>
<p>
Average Daily Rate (know as ADR) stands for the average revenue per occupied room for a certain time period.&nbsp; 
<br />
The ADR can calculated by dividing the room revenue by the number of rooms sold.
</p>
<p>
Total room revenue for a period / number of rooms sold = ADR
</p>
<p>
Together with other measurements like the Occupancy rate, RevPAR and BAR a hotel can do analysis on how well the hotel is performing over a certain period. Furthermore it can be used to compare performance with other similar hotels
</p>
      ]]></content>
    </entry>

    <entry>
      <title>RevPAR</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/RevPAR/" />
      <id>tag:hospitality-industry.com,2008:wiki:RevPAR/9.21</id>
      <published>2008-05-09T08:53:17Z</published>
      <updated>2008-05-09T08:53:17Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>RevPAR - Revenue Per Available Room
</p>
<p>
Key indicator of performance for hotels to help determine how much a room can be charged for. RevPAR is calculated by multiplying the average daily room rate (ADR) with the occupancy rate.
</p>
<p>
RevPAR = average room rate × occupancy
</p>
<p>
RevPAR only measures the performance of the rooms, it excludes services like food and beverage.
</p>
      ]]></content>
    </entry>

    <entry>
      <title>YieldManagement</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/YieldManagement/" />
      <id>tag:hospitality-industry.com,2008:wiki:YieldManagement/10.19</id>
      <published>2008-04-27T23:08:16Z</published>
      <updated>2008-04-27T23:08:16Z</updated>
      <author>
            <name>Tammo</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>Yield management, which is an inventory management system, is an integral part of sales and marketing functions in any hotel premise.
</p>
<p>
The advent of internet technology has helped expand the utility of Global Distribution Systems, allowing end consumers to directly interact with these systems.
</p>
<p>
Yield management allows properties to discount with discretion in order to build market share, uncover hidden demand that promotes aggressive pricing, identify lost revenue opportunities and most importantly, increase revenue growth without increasing fixed costs.
</p>
      ]]></content>
    </entry>

    <entry>
      <title>index</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/index/" />
      <id>tag:hospitality-industry.com,2007:wiki:index/1.9</id>
      <published>2007-10-01T09:03:57Z</published>
      <updated>2007-10-01T09:03:57Z</updated>
      <author>
            <name>administrator</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>Welcome to the opening page of our Hospitality Wiki!
</p>
<h3>How to write an articles in this wiki?</h3>
<p>
You will need to first register an account, which has many benefits, including the ability to create articles. Once you have registered, please search our wiki first to make sure that an article does not already exist on the subject. 
</p>
<p>
Please also review a few of our relevant policies and guidelines which all articles should comport with. As this hospitality wiki should function as an encyclopedia, articles must not contain original research, must be written from a neutral point of view, should cite to reliable sources which verify their content and must not contain unsourced, negative content about living people.
</p>
<p>
Articles must also demonstrate the notability of the subject. Please see our subject specific guidelines for people, companies and organizations and web content and note that if you are closely associated with the subject, our conflict of interest guideline strongly recommends against you creating the article.
</p>
      ]]></content>
    </entry>

    <entry>
      <title>Help</title>
      <link rel="alternate" type="text/html" href="http://www.hospitality-industry.com/index.php/wiki/Help/" />
      <id>tag:hospitality-industry.com,2007:wiki:Help/5.7</id>
      <published>2007-09-26T11:06:12Z</published>
      <updated>2007-09-26T11:06:12Z</updated>
      <author>
            <name>administrator</name>
            <email></email>
      </author>
      <content type="html"><![CDATA[
        <p>This will be the Help page.
<br />
Treat it nicely.
</p>
      ]]></content>
    </entry>


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