Hotel Business

MARCH 13, 2023

Hospitality management, acquisition and development company PCH Hotels & Resorts has expanded its services to include third-party hotel management services for additional ownership groups. ” He added, “With a growing number of hotels expected to change hands during 2023, an increased need for superior operators is needed.

Budgeting 105

Budgeting Revenue Projections Accounting Guest Services 105

Revenue Hub

OCTOBER 13, 2023

Planning a hotel budget is a critical task that ensures the smooth operation and financial health of your hotel. This guide will walk you through the essential steps, best practices, and expert advice to help you create a robust hotel budget. Accurate revenue forecasting is the foundation of your budget.

Budgeting 109

Budgeting Revenue Projections Article Maintenance 109

Hotel Business

JANUARY 16, 2024

Wurzak Hotel Group has expanded its services to include third-party hotel management services for additional ownership groups in strategic markets. “We have historically focused on managing hotels for a select group of owners,” Jake Wurzak, co-CEO of Wurzak Hotel Group (WHG).

Guest Satisfaction 64

Guest Satisfaction Revenue Projections Budgeting Accounting 64

SiteMinder

AUGUST 1, 2024

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations.

Travel and Tourism 95

Travel and Tourism Competitive Analysis Pricing Budgeting 95

Les Roches

JUNE 24, 2024

How to start a hotel management company 24th June, 2024 In this article The hospitality industry is a dynamic and thriving sector that presents plenty of opportunities for aspiring entrepreneurs. Starting a hotel management company is one of those and can be both rewarding and lucrative.

Travel and Tourism 52

Travel and Tourism Guest Satisfaction Revenue Projections Communication 52

Revenue Hub

OCTOBER 28, 2022

When thinking of ways to increase revenues, most revenue managers focus on the room and look for ways to increase revenues by offering early check-in, late check-out, upgrades to suites and other room types, as well as generating no-show revenue. NB: This is an article from RealTime Reservation.

Reservations 96

Reservations Book Catering Special Events 96

Les Roches

JULY 5, 2024

This involves estimating construction costs, operating expenses, revenue projections and return on investment (ROI) calculations and identifying potential risks and opportunities. They then devise financing strategies to secure funding for the project to cover these costs and contingencies.

Travel and Tourism 52

Travel and Tourism Resort Management Regulatory Compliance Concierge 52