profit
COVID-19 Profit Impact on China, Europe and US
The extent to which coronavirus has impacted the hotel industry is coming into focus based on new data, which provides further transparency in terms of the damaging impact on hotel profit.
9 Ways to Increase Profitability in Revenue Management
As hotel owners begin crafting their shiny new 2020 budgets, they’re tasking their revenue managers with finding ways to drive higher profitability in the coming year.
Revenue Management Must Focus on Profit, Not Everything
But while revenue management has evolved and diversified, the discipline shouldn’t stray too far from the basics. Revenue optimization is profit optimization, and you have to have both.
How Hotels Can Evolve and Reinvigorate F&B to Boost Profits
Just two years ago, Hotel Online reported that hotel food and beverage wasn’t yet a thing of the past but that it appeared to be dying — that is unless hotels did […]
Understanding Flow Thru: How Much Made it From Revenues to Profit
Flow Thru – this is my abbreviation – is a catch-all phrase that measures how much made it through your business comparing one period to another. What made it through, […]