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
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
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
Why Customer Acquisition Costs (CAC) Matter for Hotels
Calculating customer acquisition costs is challenging. Costs are often distributed across departments and vary by channel
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
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
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
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?
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
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