profit
Why the All Inclusive Model Works in Price Sensitive Times
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
From Hotel Revenue Management to Hotel Profitability Management
Profitability management is about balance. This holistic approach aims to secure not just short-term gains but long-term growth and financial stability
Hotel Profitability: Mastering Touroperation Allotment Strategies
Successfully navigating the balance between managing touroperation allotments and safeguarding the transient segment is an intricate endeavour for hotels
How P&L Statements Help You Understand Your Hotel Profitability
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 […]
The Role of Profitability Data in the Hotel Benchmarking Experience
P&L data enables you to supplement key top-line metrics and measure impact of top-line decisions on profitability relative to competitive sets
Year-Round Revenue Management Brings Record Profitability to Hotels
Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability
Understanding Your Guest 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
How Smart Review Management Drives Revenue
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
Maximize Sales: How a Data Audit Reveals Untapped Hotel Profits
Hoteliers that want to streamline sales and take advantage of high-value buyers can no longer afford to maintain cumbersome processes
Maximizing Return on Margins Through Effective Hotel Pricing
Hotel pricing strategy involves determining the optimal rates for different room types, packages, and ancillary services. It requires careful analysis