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Shifts in Revenue and Expenses Boost Hotel F&B Profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service ...

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The Challenge of Streamlining Supplier Invoice Payments

The Challenge of Streamlining Supplier Invoice Payments

When it comes to receiving invoices from suppliers—regardless of whether a hotelier runs a small bed and breakfast or a large, multinational hotel chain—suppliers are concerned about one thing and one thing only–getting paid as quickly as possible. Although that ...

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Analysis: Are Franchise Fees Worth the Cost?

Analysis: Are Franchise Fees Worth the Cost?

In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June 2017 edition of Hotel Horizons, RevPAR growth in the United States is forecast to remain under ...

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