RevPAR Optimization: Statistical Models for Luxury Spa Revenue (R²=0.69)
For spa directors and revenue leaders, this article examines statistical models for optimizing RevPAR. We analyze real-world data and academic research to quantify the impact of dynamic pricing and demand forecasting. Learn how to analyze booking patterns, set price floors, and test dynamic pricing strategies. Improve booking conversions and make data-driven pricing decisions to maximize revenue per treatment hour.