Our research reveals an industry poised for transformation, with 82% of hospitality executives recognizing the game-changing potential of going beyond measuring performance by standard measures such as Revenue per Available Room (RevPAR) alone to effectively measure and optimize Revenue per Available Guest (RevPAG). More importantly, 72% of hospitality executives are willing to invest in enhancing their current technology to tap into this potential. This metric isn't just a number; it's a fundamental reimagining of how we create value and But enthusiasm alone won't cut it in this high-stakes game. Agilysys' independent study uncovers a critical 'Aspiration-Reality Gap' that demands immediate attention. While the majority of properties acknowledge the imperative to move beyond standard metrics such as RevPAR, a staggering 56% admit to being technologically unprepared to fully capitalize on RevPAG. Download a copy and learn how to lead the industry into a future where stays exceed expectations and guests become advocates.
measure success in our field.
This disparity between ambition and readiness isn't just a wake-up call, it's a rallying cry for our industry.
Organization
Agilysys, Inc.
https://www.agilysys.com/
3655 Brookside Pkwy, Ste 300
USA
- Alpharetta, GA 30022
Tollfree: 18002418768
Phone: 1 (877) 369-6208
Email: sales@agilysys.com
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