Budget season

Budget Season Is Here and the Gloves Are Off

For hotels, budget season is the main event of the year—a time when owners and operators battle it out in the ring over next...

How the Components of Labor Costs Affect Hotels’ Bottom Lines

Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in 2016. In the hotel...
Hotel revenue management

Data and AI Are Simplifying Hotel Revenue Management

Like many hospitality job functions, hotel revenue management is extremely demanding. Travelers are searching and booking around the clock. Market changes can come suddenly...
business woman working

A Crash Course in Hotel Revenue Management for Non-Revenue Managers

With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...
revenue management

Why Revenue and Marketing Managers Should Work Together

“You might feel a slight sting.” These are the last words we hear before the prick of the needle, but with that little sting comes...
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