financials

Today we look at Hotel staffing and the impact an executive opening can have on a property – momentum is a key word here

This highlights the need to ensure more intelligent cost controls across the business which improve profitability and drive operational efficiency

There are economic headwinds and there are issues with capital stack structures, but a great hotel is run by a great general manager

While both hotel operators and owners stand to gain from adopting the management fee structure proposed, hurdles are anticipated

Cost-based pricing is the easiest and most financially secure way of determining prices. As long as you sell the room, you’re guaranteed to make a profit

As well as looking at the obvious impacts of the incredible amount of time that is wasted, along with missed revenue opportunities and overlooked cost savings

Don’t let another year go by constrained by outdated practices – harness the power of forecasting for a truly competitive advantage

We take a deep dive into the nuances of acquisition costs in hotel marketing, with insights to help refine strategies for enhanced financial performance

There’s no point celebrating million-dollar revenue if million-dollar expenses are dragging down your bottom line

By effectively managing the costs, tools, and strategies at each phase, hoteliers can create a seamless and memorable experience for their guest