Understand key hotel funding sources like commercial loans, SBA financing, crowdfunding, opportunity funds, franchisor programs, PE investment, and more that provide growth capital.
Understand key hotel funding sources like commercial loans, SBA financing, crowdfunding, opportunity funds, franchisor programs, PE investment, and more that provide growth capital.
The average profit margin in the hotel industry is a measure of the amount of net money the business is making after taking out all the expenses.
The concept of revenue management should widely be taught to hotel staff and managers so that they can take the relevant steps to increase profitability.
Dive deeper into strategies for selling hotel rooms to corporate clients. Learn about crafting irresistible packages, building relationships, attracting corporate events, and leveraging technology for success.
If you want to sell hotel reservations online, it is crucial to leverage technology in your hotel operations and management to make a strong web presence and do effective marketing.
If you are wondering what is revenue control in the hospitality industry then this simply means managing room inventory and rates to maximize revenue.
F&B services in hotels are a prominent aspect when it comes to attracting customers and increasing hotel revenue.
Looking to maximize your hotel's profit? Discover revenue-generating solutions and expert advice for hotel owners in the competitive hospitality industry.
Looking for hotel revenue solutions to up your hospitality business? Get your hands on these strategies to make big bucks from your hotel.
There are several expenses of a hotel business. Although many of them cannot be eliminated, you can handle them in a constructive way using the following strategies.