financials

It’s not enough to jump on the bandwagon and talk the talk. Hotels need to walk the walk by embedding sustainability into their business models

What GMs typically do when asked about money is they defer to the financial person, because they do not want to make any financial missteps

When considering room rates and revenue management, hotels must ensure their revenue generation strategies align with their profit objectives

As a result, it reduced promotional spend by 48%, influenced 120+ bookings of website visitors and resulted in +£29k extra revenue from low-intent users

In hotel management, the SWOT analysis framework serves as a guide to understanding the position of your hotel within the market

What are the advantages of hotels levying an energy flat rate surcharge and what are the dangers that should be considered?

Variable costs per occupied room are an important metric for hotels to understand and manage. How are they calculated and how can they be managed?

Here are 10 control points to ensure you are not missing any dollars. Failure to follow these controls will cost you by increasing your hotel expenses

This article offers a guide to revenue management analysis to give you ideas on improving your hotel’s profitability

Let’s look at the customer acquisition cost that is now estimated to be between 15% and 25% of room revenue. The actual amount unknown for most hotels