financials

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

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

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

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

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

Understanding and effectively managing Customer Acquisition Cost (CAC) is critical to profit-oriented Revenue Management

A quarterly business review (QBR) is a meeting held every quarter to review the hotel performance and define areas for improvement for next quarter

How and why you should balance your hotel credit cards daily. It may sound daunting and that is because most people do it monthly or maybe weekly

Customer Acquisition Cost (CAC) is a critical metric, particularly in the hotel industry. Unfortunately, CAC is a hidden cost and hard to manage in hotels

Cost control challenges vary between hotels, depending on market segment, location, and star classification, but most face similar issues