profit

There’s no point celebrating million-dollar revenue if million-dollar expenses are dragging down your bottom line

In the ever-evolving world of hospitality, one of the trickiest parts of revenue management is figuring out how to handle those die-hard customers. You know the ones – they’ve been […]

Here are five ways hotel sales teams can bridge the gap with revenue management to set up your group properly for profitability

AI, particularly machine learning, brings a paradigm shift in revenue management. Here are some ways in which AI is transforming the industry

In a dynamic environment, the key to surviving and thriving requires a focus on three areas: Revenue Enhancement, Team Motivation, and Profit Maximization

The concept of free-flowing food and alcohol might seem risky or profit-averse; however, there are key features of the all inclusive model which allow resorts to report impressive margins

Profitability management is about balance. This holistic approach aims to secure not just short-term gains but long-term growth and financial stability

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