Lorem ipsum dolor sit amet, consectetur adipiscing elit. RevPAR is the headline number every hospitality operator quotes in the board pack, and the one buyers ask for first in diligence. It is also, on its own, almost useless for predicting cash.
01 RevPAR, decomposed
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02 Two paths to the same RevPAR
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Same RevPAR, same EBITDA range, completely different cash position. Boards usually only see one of them.
03 F&B and labour, the swing lines
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04 What to track weekly, by unit
- Rate vs. occupancy contribution to RevPAR — separate columns, not blended.
- Labour as percent of revenue, weekly, per unit. Not monthly, not group-level.
- F&B cost of sales by daypart. Breakfast hides margin; dinner hides waste.
- Cash position by unit, weekly. Group cash is a lagging indicator.
Sample: 9 multi-unit hospitality groups across Canada and the UK, Q4 2025 – Q1 2026.
Filed under the Operating practice.