profit

Total Revenue Management and Role in Hotel Profitability Strategy

In the past, we looked at optimal occupancy to help maximize profits. Now, we have multiple available data sets that enhance revenue management strategies

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Why a Hotel Commercial Strategy is Now Non-Negotiable

A commercial strategy is critical for maximizing a hotel’s profitability and strengthening its direct relationships with guests

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Three Essential Steps to Profit Oriented Revenue Management

Maximizing profitability in the hotel industry requires more than a broad understanding of revenue management; it demands a strategic, step-by-step approach

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Strategic Focus for All Hoteliers: 80% Revenue, 20% Flow-Through

Hoteliers should spend 80% of their time on activities that generate revenue. Enhancing revenue streams is the first step toward boosting profitability

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Maximizing Profitability: Revenue Growth vs. Operational Efficiency

Whether aiming to boost revenue or enhance operational efficiency, understanding these approaches empowers you to make informed decisions that drive success

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Road to Hotel Profitability: Adopting Flow Through + Flex Metrics

Flow through and flex hold tremendous value as they encapsulate both top-line changes and the effectiveness of cost controls in safeguarding the bottom line

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Three Essential Tasks for Hotel GMs to Maximize Profitability

By excelling in these three areas GMs can drive exceptional financial performance and establish their hotel as a market leader

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Proven Tips to Increase Restaurant Revenue and Profitability

Many industry sources share that an average restaurant has a profit margin of about 7% but recognize yours can fall anywhere between 0-12%

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Hotel Revenue Management: What Could Possibly Go Wrong?

we look at four core challenges in revenue management and explore the potential risks posed by each challenge and offer advice for revenue managers and CEOs

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hotel breakfast layout can be appealing to guests when booking and can drive revenue and profit

The Hidden Profit Potential of the Hotel Breakfast

On OTAs guests use “breakfast included” as a primary search filter. When it comes to maximizing profit, breakfast can be an overlooked revenue booster

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