RevPAR Is Up. Margins Are Down. Bonus Received.

RevPAR Is Up. Margins Are Down. Bonus Received.

RevPAR is up. Occupancy is up. The STAR report looked good. And then the P&L arrived. Labour costs, OTA commissions, compressing margins — all invisible in the one number everyone is measured on. The metric isn't broken. The incentive structure around it is.

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