Abstract

The article reviews and evaluates the factors affecting the revenue management system in hotel facilities. Based on the statistical data of the State Statistical Committee of the Republic of Azerbaijan for 2005-2023, it is determined here that at the current stage of the digital economy in the globalized world economic system, the service sector is one of the fastest growing sectors compared to other sectors of the economy and responds faster to the socio-economic processes taking place globally. The article reviewed the one-time capacity, room stock, revenue from the sale of rooms and total revenue of hotel facilities of the Republic of Azerbaijan for 2006-2023, and calculated the RevPaR indicator, which expresses the efficiency of their services, for these years. The study also conducted a correlation and regression analysis between the RevPAR indicator and revenue from the sale of rooms of hotel facilities in the Republic of Azerbaijan, and determined the extent to which an increase in revenue from the sale of rooms increases the RevPAR indicator of hotel facilities.