Nobis Hotel Copenhagen puts profit conversion to the test
What if a hotel’s biggest untapped profit opportunity isn’t more revenue, but converting more of its existing revenue into EBITDA?
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Practical perspectives on hotel profitability, productivity, sustainability and the people shaping better operations.
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Pandox extends Profit Conversion Management to six more hotels in Germany
After twelve years with d2o, Pandox is extending Profit Conversion Management to six more hotels in Germany, connecting daily operational execution with long-term portfolio value.
Managing profitability and sustainability together in Grand Cayman
Kimpton Seafire and Hotel Indigo Grand Cayman chose PMI Revenue & Productivity and PMI GoGreen to bring profitability and sustainability into the same operational conversation.
Stureplansgruppen: One portfolio, many operating rhythms
Stureplansgruppen chose a shared management approach for a portfolio spanning hotels, restaurants, bars, nightclubs and event venues.
RevPAR vs. GOPPAR: What Hotel Leaders Should Measure
RevPAR measures room revenue performance. GOPPAR measures how much Gross Operating Profit the hotel generates relative to its available rooms.
Why More Hotel Revenue Doesn’t Always Mean More Profit
More hotel revenue does not automatically create more profit because every guest, room, meal and event also creates operational demand.
How Does a Hotel Convert Revenue Into Profit?
A hotel converts revenue into profit by aligning the operational resources required to run the hotel with the demand and revenue it expects to generate.
Revenue Management vs. Profit Conversion Management™: What’s the Difference?
Revenue Management optimizes demand and revenue opportunity. Profit Conversion Management optimizes how effectively that revenue is converted into operating profit.
What Is Profit Conversion Management™?
Profit Conversion Management connects expected demand with the operational decisions that convert hotel revenue into sustainable GOP and EBITDA.
Canarian Hospitality puts profit conversion to the test
Canarian Hospitality designed a one-property PMI pilot around a +3 percentage-point GOP target, with any portfolio expansion conditional on the outcome.
PMI
The next advantage isn't more revenue. It's converting more of it.
See where your profit is leaking and what closing the gap is worth for your portfolio.