profit

The right distribution mix for your hotel will depend on who is your target audience, what other hotels in your comp set are doing, and your overall budget

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

Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE

It can’t just be about having the newest and shiniest technology, your choices must also positively impact the bottom line and digital customer journey

Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits

Hotel owners and operators need to understand how changes in occupancy post covid affect strategies for maximizing  profitability

We look at the impact of ineffective maintenance prevention on hotel costs, guest satisfaction, future revenue and, ultimately, hotel profit

Focusing on individual needs, Revenue Managers are able to migrate their focus from ineffective typical pricing strategies to customer profitability instead

With the right strategy, you can reduce operating costs while running a profitable hotel. The following strategies will help manage hotel operating costs

While there are many ways to increase your hotel revenue depending on your property’s needs, here are 15+ tactics to get you started