profit

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

Just as the hotel industry is finding its feet after two of the most tumultuous years in living memory, hotels are now faced with a fresh challenge

In negative flow-through, revenue is positive, but GOP is negative. It can also be where revenue is increasing, but profitability ratio is in negative state

Flow-through in the hotel industry is fundamental to understanding how profitable your business is, especially across all the different departments

RevPAR doesn’t pay the rent. Revenue is part of it; profit is the whole of it. For hotel owners, the whole is where the rubber hits the road.

Owners and investors need to thoroughly plan, test, and adapt their approach to pricing and revenue management to optimise long-term commercial success

February was stronger all around for the global hotel industry, but escalating line item expenses could derail what’s already a fragile profit rebound

Every traveler has a maximum value they can offer your hotel and upselling can help capture this and in turn increase overall revenue and profitability

Remote work is already having an impact on the hotel industry, and this trend will continue. I recommend embracing it, it will increase your bottom line