profit

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

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