Hotel Business

NOVEMBER 8, 2024

The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).

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Accounting Scheduling 98

Hotelogix

FEBRUARY 17, 2025

  It is not merely an HR matter for hotel owners and managers; it is a deep business concern. Guest Experience Changing staff often will confuse guests, reduce service quality, and damage your hotel's reputation. Scheduling flexibility and having enough rest between shifts remain a major improvement in retaining employees.

Scheduling 100

Scheduling Training Housekeeping Communication 100

Hotelogix

JANUARY 10, 2025

Even though there are loads of reservation tools out there, many small hotel operators are going with something they already know how to use: Google Calendar.  But is the booking system with google calendar the right choice for your hotel business ? Let's Break It Down Google Calendar helps you manage time and schedule tasks.

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Book Reservations Scheduling Housekeeping 100

Hotelogix

DECEMBER 17, 2024

Chargebacks are recurring in the hotel industry, costing hotels time and money. Studies show that hotels lose up to 20% of their annual revenue to chargebacks caused by guest disputes, unclear cancellation policies, and OTA-related miscommunication. Common Causes of Chargebacks 1. This often results in costly chargebacks.

Document 100

Document Communication Book Reservations 100

SiteMinder

JANUARY 8, 2025

A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.

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Book Blog Catering Marketing 96

Hotel Business

OCTOBER 29, 2024

In the hotel industry, guest and employee experiences go hand in hand. ” Arora moved the discussion to the guest experience and said that hotels need to get managers in front of their guests rather than sitting at a desk in front of a computer. “That could take the scheduling responsibility out of the manager role. .”

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Scheduling Concierge Download Accounting 59

Hotelogix

NOVEMBER 28, 2024

With their combination of space, flexibility, and cost-effectiveness, serviced apartments are a smart alternative to traditional hotels, especially for longer visits.  Serviced apartments are fully furnished spaces that combine the comforts of home with hotel-like services.   What are Serviced Apartments?

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Marketing Blog Information Reservations 130

EATER

DECEMBER 21, 2020

But as an employee on the receiving end of that rage, the book fails to account for trauma he caused me. Chang writes that he doesn’t remember the specific incident, but concedes that, apart from a few details, the account is “accurate and could have been written about almost any night I was working service.”. Threatened him.

Accounting 145

Accounting Book Front of House Server 145

Hotel Business

SEPTEMBER 12, 2024

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. With a significant concentration of projects scheduled to start in the next 12 months and early planning stages, particularly in the upscale and upper-midscale segments, the industry appears poised for substantial new supply growth.

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Scheduling Accounting Customer Service Business Development 111

Hotelogix

AUGUST 21, 2024

Night Audit in Hotel Front Office is a significant part of a hotel's accounting process. This process records, reviews, and collates all the hotel's financial activities in one day and posts them on appropriate account heads. What is Night Auditing in the Hotel Industry?

Accounting 130

Accounting Property Management Demo Book 130

Hotelogix

SEPTEMBER 12, 2024

What is Hotel PMS? A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information.

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Property Management Housekeeping Maintenance Server 130

SiteMinder

MARCH 23, 2025

Bangkok, Thailand Thailands Songkran festival has cemented itself as a drawcard for international travellers, with overseas guests now accounting for 86% of scheduled hotel check-ins between 10-17 April. Additionally, stays at Thailands hotels during Songkran week have extended by 7.3% year-on-year from 2.41

Book 52

Book Travel and Tourism Scheduling Reservations 52

Hotel Business

FEBRUARY 14, 2025

According to the recent Construction Pipeline Trend Report by Lodging Econometrics (LE) , the Asia Pacific, excluding China (APEC), hotel construction pipeline hit an all-time high at the Q4 2024 close, climbing 5% year-over-year (YOY) to reach record counts of 2,085 projects/412,358 rooms.

Accounting 59

Accounting Scheduling 59

Hospitality Net

JANUARY 9, 2024

M3’s Accounting Core™ solution has been named 2024’s #1 Finance & Accounting Software by Hotel Tech Report, and M3’s Labor Management™ solution has been named 2024’s #2 Scheduling and Labor Management Software.

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Accounting Scheduling 70

Hotel Business

SEPTEMBER 14, 2023

In the latest Hotel Construction Pipeline Trend Reports from Lodging Econometrics (LE), the total Americas—comprising the U.S., Canada and Latin America—hotel construction pipeline stands at 6,399 projects/785,897 rooms. Certainly, these two chain scales will have the most new hotel openings through 2025.

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Accounting Scheduling Information 116

Hotel Business

JANUARY 27, 2025

Projects scheduled to start construction in the next 12 months total 87 projects/11,698 rooms, reflecting a modest 2% increase in projects but a substantial 19% increase in rooms YOY. By chain scale, upper-midscale hotels dominate with 132 projects/14,039 rooms, representing 40% of the total projects and 32% of rooms in the pipeline.

Scheduling 69

Scheduling Accounting 69

Hospitality Net

MAY 22, 2024

In the hospitality industry, operational reports delivered through Property Management Systems (PMS) are critical for running a smooth hotel operation. These reports form the backbone of daily operations, guiding decisions on staffing, room cleaning schedules and room revenue optimization.

Regulatory Compliance 98

Regulatory Compliance Scheduling Accounting Property Management 98

Hotelogix

OCTOBER 19, 2023

Managing daily hotel operations is undoubtedly a complex and stressful task. We are talking about the Hotel Property Management System, also called the Hotel PMS System. In fact, today, when we say digitization of hotel operations, it indicates the adoption of the Hotel PMS System. You are right. Stay tuned. 

Server 130

Server Housekeeping Accounting Book 130

Hotel Business

OCTOBER 31, 2024

Additionally, the number of projects scheduled to start construction within the next 12 months grew to 183 projects and 30,184 rooms, up 7% by project count and 9% by room count YoY. The report also provides insights into the regional hotel pipeline by chain scale segment.

Scheduling 59

Scheduling Accounting 59

Hotel Business

NOVEMBER 16, 2023

Top convention center cities are preparing for increased demand by building new hotels and refurbishing or repositioning existing ones. With an astounding 60% of its new hotel construction projects under construction, the most of any convention center market, New York City leads with 46 projects under construction.

Marketing 122

Marketing Scheduling Events Accounting 122

SiteMinder

MAY 12, 2023

What is hotel accounting? Hotel accounting is the process of recording and maintaining the financial records and performance of your hotel business. Good accounting makes the finances of your hotel easy to understand for management and other stakeholders – so they can make informed decisions.

Accounting 52

Accounting Maintenance Document Pricing 52

Hotel Business

JULY 30, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. LE expects that as interest rates begin to decline, projects scheduled to start in the next 12 months will move to under construction rather quickly. equating to a 1.8%

Scheduling 111

Scheduling Accounting 111

Hotel Owner

MARCH 3, 2023

The total global construction pipeline for hotels at the end of 2022 stood at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms in the works. Projects scheduled to start construction in the next 12 months stand at 3,591 projects/510,969 rooms, up 1% by projects YOY and down 1% by rooms year-on-year.

Accounting 105

Accounting Scheduling 105

Revenue Hub

OCTOBER 17, 2024

Understanding rack rates is essential for hotels as it serves as a critical strategic tool in negotiations and revenue management. The rack rate also serves as a benchmark for seasonal adjustments, special promotions, and package deals, enabling hotels to demonstrate added value in their offerings.

Events 102

Events Pricing Accounting Article 102

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types. It will lead to revenue leakage.

Housekeeping 147

Housekeeping Regulatory Compliance Guest Satisfaction Maintenance 147

Hotelogix

JUNE 28, 2024

The Hotel cancellation policy allows guests to cancel reservations up to a specified time before check-in. After this period is crossed, hotels may apply a cancellation fee, a percentage of the booking amount, or the entire booking cost.   Why Should Hotels Have Clear Cancellation Policies?  

Reservations 130

Reservations Book Demo Accounting 130

STAAH

OCTOBER 1, 2024

What is social media marketing for hotels? Why is social media important for the hotel industry? Top Social Media Platforms Every Hotel Should Leverage a. 5 Effective Social Media Strategies for Hotels 5. Essential Platforms to Boost Your Hotel’s Social Media Game 6. Table of Contents 1. Facebook b. Instagram d.

Marketing 113

Marketing Events Scheduling Accounting 113

Hotel Business

DECEMBER 13, 2023

Choice Hotels International Inc. has completed the integration of the Radisson Hotels Americas business, transitioning nearly 600 hotels to Choice’s franchise success system and digital platforms. The milestone comes 16 months after Choice acquired the Radisson Hotels Americas brands in August 2022. increase in ADR.

Book 111

Book Accounting Scheduling Reservations 111

Revenue Hub

FEBRUARY 21, 2025

For spas, hotels, and resorts, leveraging recurring revenue creates a more resilient business model, reducing reliance on seasonal peaks and optimizing revenue per guest throughout the year. Here are 39 ideas for generating recurring revenue for your resort, hotel, and spa: Membership programs 1.

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Article Scheduling Accounting Book 75

Hotel Business

JANUARY 6, 2025

As hotel operators recognize that investing in energy efficiency can lower operational costs and enhance cash flow, momentum for sustainability continues to grow. Hotel cost controls Despite the rising cost of utilities, one bright spot among hotel expenses the past two years has been utility costs. This is almost half the 6.6%

Pricing 52

Pricing Events Scheduling Marketing 52

Hotel Business

JANUARY 24, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. In 2024, Atlanta is forecast to open the most new hotels, with 26 projects/3,881 rooms, for a 3.4% growth rate.

Scheduling 103

Scheduling Accounting Marketing 103

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. QuickBooks Restaurateurs are no strangers to QuickBooks accounting software.

POS Systems 147

POS Systems Scheduling Training Reservations 147

Hotel Business

AUGUST 12, 2024

Drowning is one of the most traumatic things that can happen in any scenario, but it is especially tragic when it happens at a hotel pool. For the most part, people stay at hotels for leisure and fun. It’s the employee’s employer—in this case, the hotel—that is held accountable.

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Maintenance Communication Accounting Scheduling 111

Revenue Hub

MAY 15, 2023

NB: This is an article from Demand Calendar Unintentionally, USALI and other accounting standards are masters in hiding valuable information within the Profit & Loss statement and in the different accounts. One example is Customer Acquisition Cost (CAC), spread over several other accounts in several schedules.

Accounting 98

Accounting Article Pricing Information 98

Social Hospitality

MARCH 18, 2025

Moreover, leveraging social media management platforms like Hootsuite or Buffer allows for coordinated content scheduling and performance monitoring. Additionally, clearly defining team roles and responsibilities is crucial, as it encourages accountability and ensures that each member contributes effectively to the overall strategy.

Customer Service 52

Customer Service Scheduling Communication Document 52

7 Shifts

FEBRUARY 8, 2024

With the right tech tools, managers can ease their workloads, employees enjoy a much smoother scheduling process, and guests benefit in countless ways — from mobile ordering to digital menus to better ways of making and managing reservations. QuickBooks Restaurateurs are no strangers to QuickBooks accounting software.

POS Systems 141

POS Systems Scheduling Training Reservations 141

Revenue Hub

APRIL 10, 2024

Whether the folks whose emails you’ve captured offered them during a sale, due to your having solicited mailing list signups, or during an account creation process, it can naturally be assumed that these addresses belong to at least potential, if not already-extant buyers. Any given email list — at least ideally — represents a customer base.

Communication 106

Communication Accounting Article Marketing 106