Rising costs presented challenges, as payroll levels as a percentage of total revenue increased by 1.4 percentage points to 24.9 percent. In addition, overheads as a percentage of total revenue increased by 2.0 percentage points to 24.9 percent. Total profit margin was down 3.3 percent YOY in December and down 1.4 percent for the full year. Total RevPAR (TRevPAR) - Is the combined total of all revenues divided by the total available rooms during the period. HotStats provides reporting tools to hoteliers:Our unique profit and loss benchmarking service enables monthly comparison of hotels’ performance against a competitive set.

Source: The North Africa Journal February 05, 2019 04:41 UTC