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How to write a property management business plan

SiteMinder

What is a property management business plan? A property management business plan is a document created by property managers or business owners to outline strategies and goals for managing and growing a property management company. Goals should be specific, measurable and achievable.

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Hotel Tech Stack: How to Build and Scale Effectively

Revenue Hub

NB: This is an article from SiteMinder , one of our Expert Partners The best hotel tech stacks feature seamless integrations between various software solutions like your property management system ( PMS ), booking system , payment processor , channel manager and customer relationship management ( CRM ) system.

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A Hotelier’s Guide to Generating Profitable Revenue

Revenue Hub

NB: This is an article from WebRezPro Subscribe to our weekly newsletter and stay up to date The key to raising that bottom line is to generate profitable revenue—in other words, revenue that doesn’t cost too much to earn. room cleaning and maintenance costs, F&B costs, spa supplies, and labor.

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8 Non-Negotiables for a Profitable Hotel Distribution Strategy

Revenue Hub

NB: This is an article from Staah With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. This article highlights the non-negotiable elements that form the foundation of a profitable hotel distribution strategy.

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Most Common Guest Complaints and How to Handle Them

Revenue Hub

NB: This is an article from TrustYou The more prepared you and your staff are to handle guest complaints, the less likely a negative experience will damage your hotel’s reputation. Or perhaps there’s a maintenance issue in the room, such as a leaky faucet. What happens when you can’t meet their expectations?

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Hotel Occupancy Rate Prediction Challenges

Revenue Hub

While occupancy rate is essential for deciding whether your management strategies succeed or fail, there are a few things you should keep in mind regarding this KPI. Along with other hospitality metrics like RevPAR , the occupancy rate is an important KPI that allows better and more accurate revenue management aimed at maximizing income.

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8 Non-Negotiables for a Profitable Hotel Distribution Strategy

STAAH

This article highlights the non-negotiable elements that form the foundation of a profitable hotel distribution strategy. 1) Hotel Channel Manager | Online Visibility: One of the most important tools for hoteliers to succeed in a hyper-competitive-looking environment is to maximize their reach and visibility online while keeping costs low.

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