profit

Successfully navigating the balance between managing touroperation allotments and safeguarding the transient segment is an intricate endeavour for hotels

Understanding your hotel’s financial performance involves thorough analysis of your balance sheet and what is often called your income statement – more commonly referred to as your P&L statement. NB: This […]

P&L data enables you to supplement key top-line metrics and measure impact of top-line decisions on profitability relative to competitive sets

Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability

There are two important aspects of guest value: share of wallet and time. It begins with determining what the economics of the guest look like

Grow your hotel’s profitability and digital presence by mastering online review management. Explore practical strategies, understand the guest perspective, and leverage reviews to market your establishment in the digital landscape

Hoteliers that want to streamline sales and take advantage of high-value buyers can no longer afford to maintain cumbersome processes

Hotel pricing strategy involves determining the optimal rates for different room types, packages, and ancillary services. It requires careful analysis

Because of the reach of these channels and the influence they have, negative ratings and reviews have a disastrous impact on a hotel’s financials

Most hotels overdo budgeting and discover that budgets deviate from actual performance as the year progresses