financials
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
Navigating Profitability: Crucial Role of Customer Acquisition Cost
Understanding and effectively managing Customer Acquisition Cost (CAC) is critical to profit-oriented Revenue Management
Key Components of a Successful Hotel Quarterly Business Review
A quarterly business review (QBR) is a meeting held every quarter to review the hotel performance and define areas for improvement for next quarter
Why You Need to Reconcile Your Credit Cards Every Day
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
