profit

Net Revenue: A Possibility But Not Without a Major Shift in Mindset
We discuss the complexities faced when trying to embrace net revenue and we touch on the evolution of the commercial role and where the finance team fits in

How to Innovate F&B Solutions to Attract Diverse Audiences and Maximize Profit
Hotels that demonstrate creativity inspire curiosity. When guests are excited to try your F&B experience, the sky’s the limit for profit potential
Mastering Revenue Performance Management for Maximizing Profits
Adopting revenue performance management, hotels can achieve sustainable growth and maintain a competitive edge in the dynamic hospitality market
Address F&B Profitability Before It Takes You Under
This highlights the need to ensure more intelligent cost controls across the business which improve profitability and drive operational efficiency
A New Approach to Hotel Management Fees
While both hotel operators and owners stand to gain from adopting the management fee structure proposed, hurdles are anticipated
Empower Hotel CEOs: Remove the Profitability Roadblocks
Hotel CEOs must understand their property’s fiscal year outlook to navigate decisively. This means addressing critical questions like:
The Symbiotic Relationship of Hotel Asset Management and Revenue Optimization
What always surprises me is that revenue teams do not always understand their owners’ investment objectives and what their short or long-term objectives are
What are 5 Must Have Features to Look for in a PMS?
Your PMS should improve guest experiences and provide a solid foundation for long-lasting relationships, leading to increased revenue and profitability
Why Use a Cost-Based Pricing Strategy in Your Hotel?
Cost-based pricing is the easiest and most financially secure way of determining prices. As long as you sell the room, you’re guaranteed to make a profit

Grow Hotel Profits with These Winning Revenue Management Practices
Revenue management is a complex discipline. When practiced fully, it reduces bottom-line drainers such as spillage, spoilage, or overbooking