financials
A Five Year Hotel Financial Plan is Daunting But It’s All in Your Head
Make your plan as complete as possible and do not imagine you are a superstar hotelier that is capable of operating your hotel without the necessary costs
Winter Might Be Coming, But Spring Can Still Bloom for Hotels
We look at how global economic factors might influence different traveller attitudes and why hotels must revisit some basic revenue management principles
Hotel Budgets: Things to Keep in Mind When Budgeting for 2023
The unprecedented volatility has made the task of producing a hotel budget for 2023 daunting. Here are some things to keep in mind that might help
High Costs, Lower Profit and Staffing Issues: How Will Hotels Adapt
With the dichotomy of higher prices, increasing costs and the continuing staffing challenge we ask how might the hotel industry adapt over the coming years
It’s Decision Intelligence, Not Business Intelligence, That Is Key
Apo defines decision intelligence; outlines how data is only valuable when organised, analysed and acted on; why forecasting is not a one snapshot task
How To Prevent Chargebacks And Fraudulent Charges At Your Hotel
Before we take a look at some of the steps you can take to prevent fraudulent chargebacks, it makes sense to examine the most common scenarios
Making Workforce and Cost Reduction Part of Revenue Management Mix
To most hoteliers, the term revenue management brings to mind a set of complex tools and analytics used to optimize room rates. And rightly so, there is a lot that […]
The Ultimate 2023 Budget Guide for Hospitality
Which areas should you focus on to keep your property, or destination, ahead of the pack? Here are 5 important considerations for your 2023 budget plan
What Really Counts and Why: 3 Metrics to Have on Your Radar
All three metrics must work together at the same time to get the best view of the potential profitability of your food sales
Managing The Whole Asset: Looking Afresh At Each Hotel Space
Hotels were being viewed more and more as a mainstream asset class and attracting investors who were more used to less complicated assets