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Success Story: Building on Existing Success

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Existing Successful Historic Inn

Maximising the potential of an already successful historic inn to increase incremental revenue and operational efficiency.

Even successful businesses have room to grow.  By taking advantage of the latest revenue management tools Namaste Hospitality was able to increase the anual Average Daily Rate and increase anual occupancy rate to achieve an over all Revenue Per Available Room Increase of over 20%, or $34.13, adding over $120,000 to annual net profit compared to the prior year. 

 

ADR

+5.3 %

+$13.17

Occupancy

+ 8.86%

RevPar

+20%

+$34.13