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...

Three Ways to Overcome Hotel Accounting Challenges

Deloitte's 2018 Travel and Hospitality Industry Outlook reports that the global travel industry is one of the fastest growing sectors in the world. While increased corporate...

Duetto to Provide Revenue Strategy Solutions for Coast Hotels

NEW YORK—Duetto, the market leader in hotel profit optimization technology, announced that it will implement its revenue strategy solutions for Coast Hotels USA, bringing...
Money puzzle - Total Revenue Management

Tips to Achieve Total Revenue Management

It’s an exciting time to be in the hospitality industry. The stock market is offering better returns to investors, metrics are hitting all-time highs...

The High Cost of Raising Room Rates

The highlight of the recovery from the recent recession has been the strong rebound in lodging demand. According to Smith Travel Research (STR), occupancy...
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