financials

Best Steps and Practices to Create a Robust Hotel Budget

A well-managed budget is not merely a tool for financial control; it’s the compass that guides your hotel towards success

Read more

Hotel Sector Health Still Strong Will This Continue or Melt Away SSP Coffee Time Chat YouTube Thumbnail

Hotel Sector Health Still Strong: Will This Continue or Melt Away?

His track record speaks for itself and, keeping his fingers closely on the pulse, he is well placed to assess the health of the hotel sector

Read more

Maximize Sales: How a Data Audit Reveals Untapped Hotel Profits

Hoteliers that want to streamline sales and take advantage of high-value buyers can no longer afford to maintain cumbersome processes

Read more

Why Customer Acquisition Costs (CAC) Matter for Hotels

Calculating customer acquisition costs is challenging. Costs are often distributed across departments and vary by channel

Read more

The Art and Science of Hotel Budgeting: Time for a Rethink?

Most hotels overdo budgeting and discover that budgets deviate from actual performance as the year progresses

Read more

Mastering Success: Zero-Based Budgeting for Hotels

In an era where adaptability and resource optimization are paramount, Zero-Based Budgeting emerges as a strategic tool for hotels

Read more

How to Calculate Your Hotel Room Costs for Better Pricing

Discover how to accurately calculate and analyze your hotel’s fixed and variable costs to make informed pricing decisions, and get our free Excel tool to simplify calculations

Read more

4 glass jars filling up with coins reflecting how hotels should consider developing sustainability plans to help drive future revenue and profits

Sustainability in Hotels: Where Are We and Where to Next?

How do you balance the expectations of guests – and what they’re willing to pay – with effective sustainability practices that work towards real change?

Read more

A Revenue Leader’s Guide to Hotel Budgeting and Forecasting

Hotel budgeting requires a strategic approach combining current performance, financial goals, revenue optimization strategies and cost control measures

Read more

hand on computer mouse overlayed with a dollar image reflecting the hidden costs of paid ads and why hotels see a poor return on ad spend

Maximize Returns: Navigating Budgets and Costs in Hotel Paid Search

Paid Search can be a game-changer, but only if managed efficiently. Here we explore essential steps to help hoteliers optimize advertising costs and budgets

Read more