profit
The Revenue Management Approach To Hotel Costs And Quality
This article offers a guide to revenue management analysis to give you ideas on improving your hotel’s profitability
How to Measure Your Hotel Profitability
Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE
The Digital Transformation Paradox of Hotel Technology
It can’t just be about having the newest and shiniest technology, your choices must also positively impact the bottom line and digital customer journey
Should Investors Expect Hotel Incomes to Keep Pace with Inflation
Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits
How Changes in Occupancy Affect Strategies for Maximizing Profit
Hotel owners and operators need to understand how changes in occupancy post covid affect strategies for maximizing profitability
Impact on Revenue, Profit and Reputation of Ineffective Maintenance
We look at the impact of ineffective maintenance prevention on hotel costs, guest satisfaction, future revenue and, ultimately, hotel profit
Key to Today’s Revenue Success: Individual Customer Profitability
Focusing on individual needs, Revenue Managers are able to migrate their focus from ineffective typical pricing strategies to customer profitability instead
What is the Best Strategy for Reducing Hotel Operating Costs
With the right strategy, you can reduce operating costs while running a profitable hotel. The following strategies will help manage hotel operating costs
15+ Effective Ways to Increase Hotel Revenue and Profit
While there are many ways to increase your hotel revenue depending on your property’s needs, here are 15+ tactics to get you started
Hotel Margins Under Pressure But Bottom Line Impact Can Be Made
Just as the hotel industry is finding its feet after two of the most tumultuous years in living memory, hotels are now faced with a fresh challenge