Remove 2024 Remove Accounting Remove Strategic Planning
article thumbnail

Hotel Budgeting 2024: Improve Performance in Uncertain Times

Revenue Hub

In our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. Benchmark Against Competitors In the last article, we discussed the importance of strategic planning, aligning stakeholders, and harnessing relevant data.

Budgeting 108
article thumbnail

How to Make Hotel Budgeting as Smooth and Painless as Possible

Revenue Hub

Are there ways to make the 2024 budgeting process more streamlined and efficient? In fact, many hotel teams already started planning for 2024 months ago. Create a Strategic PlanPlanning is critical,” said Elena Ladisova, vice president of Brookfield Asset Management.

Budgeting 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choice ends Wyndham takeover bid

Hotel Business

Choice is also withdrawing its nomination of the independent director candidates for election at Wyndham’s 2024 Annual Meeting of Stockholders. Geoff Ballotti, president/CEO, added, “Wyndham is focused on moving ahead with the execution of our strategic plan, building on our success and generating meaningful value.

article thumbnail

Trinity Investments announces expansion of Europe leadership team

Hotel Owner

Meanwhile, Austin joined Trinity from KSL Capital Partners where he worked in strategic operations. Prior to KSL, he served in various strategic planning, concept development and consulting roles for GlobalData Plc and The Birley Clubs. Capital and Citco Fund Services as a senior fund accountant. She also worked at H.I.G

article thumbnail

Four Industry Trends Revenue Managers Should be Tracking

Revenue Hub

Urban markets have yet to see the same levels of demand as in 2019 but are expected to make a comeback in 2024. Real Estate Market Outlook 2024, “Urban hotels will fare well, and airport hotels will benefit from increased travel, but resorts will register the slowest growth. According to CBRE’s U.S.

Pricing 96
article thumbnail

What it’s like to work in hotel operations management

Les Roches

What it’s like to work in hotel operations management 3rd September, 2024 In this article What is hotel operation management? Accounts and finance A strong financial foundation enables a hotel to offer competitive pricing and improves the guest experience.

article thumbnail

The benefits of online learning for hospitality

Les Roches

The benefits of online learning for hospitality 1st July, 2024 In this article As technology continues to transform the way we learn and work, online education has emerged as a powerful tool for aspiring hospitality professionals seeking to start a rewarding career or advance their existing role in the industry.