Lodging Magazine

NOVEMBER 5, 2024

My hotel is currently operating on a very tight budget, and I am struggling to get necessary system upgrades approved to ensure proper security measures are being met. Whether you’re managing a hotel or any […] The post Ask Anthony: Getting System Upgrades Approved on a Tight Budget appeared first on LODGING Magazine.

Budgeting 69

Budgeting Magazine 69

Hospitality Magazine

DECEMBER 9, 2024

There are now three set menus to accommodate differing budgets ($85/$105/$145pp) and an updated a la carte menu. Terracotta floors, fresh white paint, banquette window seating, and blonde timber tables some made with custom Italian tiles embellish the updated space, hinting at Italian summer aesthetics.

Budgeting 246

Budgeting Magazine 246

Hospitality Magazine

MARCH 25, 2025

By now, youve probably heard of the personal income tax cuts from the 2025-26 federal budget. In yesterdays budget address to parliament , Federal Treasurer Jim Chalmers noted 25,000 business have been created on average since Labor came to office. But what impacts will the changes have on hospitality businesses?

Budgeting 100

Budgeting Magazine 100

Hospitality Net

JANUARY 7, 2025

As we turn the calendar to 2025, hotel owners and operators are finalizing their annual budgets and ensuring they align with the latest market conditions. Heres how to navigate the year ahead with a combination of operational adjustments and dynamic forecasting.

Budgeting 52

Budgeting Accounting Marketing 52

Hospitality Magazine

MARCH 25, 2025

Fuzio also notes that the rising cost of goods and fluctuating pricesof meat, seafood, and vegetables are putting pressure on margins and making menu planning and budgeting difficult. Working more closely with farms, and long relationships with many local producers helps to keep the food cost under control, says Fuzio.

Training 227

Training Menu Planning Budgeting Magazine 227

eHotelier

MAY 13, 2024

But if you plan accordingly, you can increase your chances of success by conducting proper market research, budgeting, getting involved with your community, investing in marketing, prioritizing operational efficiency, and listening to your customer base. Opening a restaurant is an extremely challenging endeavor.

Budgeting 278

Budgeting Marketing 278

eHotelier

OCTOBER 9, 2022

Adding panic buttons does more than check off a requirement on the property to-do list; it has a positive impact on job retention and cultivates staff loyalty.

Budgeting 246

Budgeting 246

Hotelogix

FEBRUARY 13, 2025

While big brands and hotel chains have dedicated departments and sufficient budgets to handle their sales and marketing online, small hotels find it tough due to inadequate budget, less manpower and absence of technology knowledge to market themselves online.

Marketing 130

Marketing Budgeting Blog Reservations 130

Revenue Hub

JANUARY 15, 2025

Setting an operating budget for the coming year can feel like a wild guessing game for hoteliers. Forecasts will alert you to future periods when your property isnt on track to meeting budget targets while theres still time to remedy the shortfall. Hit your targets: Ensure the property is on track to meet budget goals.

Pricing 107

Pricing Budgeting Article Book 107

eHotelier

OCTOBER 25, 2023

Red Planet Hotels shares news on "The First Real Budget Hotel" in the premier Uptown district in Bonifacio Global City, The Philippines. The prominent budget hotel chain also talks about their current hotel portfolio and other exciting firsts for the sector.

Budgeting 246

Budgeting 246

Revenue Hub

JANUARY 22, 2025

Campaign Research and Strategy Launched in March 2024, the campaign was designed to align with their limited marketing budget of $9,000 per year ($750 monthly). While this budget wasnt enough to dominate impression share, we maximized impact through careful research and execution. Cost-Per-Click (CPC): $1.32

Budgeting 109

Budgeting Events Article Marketing 109

eHotelier

SEPTEMBER 25, 2024

Hotel budget season is upon us, and the hotel industry remains fixated on the usual concerns and challenges that are repeated throughout the year, such as the need for improved labor efficiency, strategies to reduce wasteful spending, technology to manage operations, and innovations to optimize revenue.

Budgeting 241

Budgeting 241

Hospitality Net

NOVEMBER 6, 2024

It empowers informed decision-making, elevates operational efficiency, and guides budget plans. 2024 marks a tipping point for the hospitality industry - it’s the year in which we witnessed a pivotal transformation where data has all but surpassed even dollars as the primary currency.

Budgeting 120

Budgeting Information 120

Hotelogix

NOVEMBER 28, 2024

You don’t need a massive budget to make this happen. At the end of the day, it’s not about flashy tech or big budgets. A warm welcome, a little attention to detail it’s what keeps them coming back. AI can help you remember the things that matter: extra pillows, a preferred bottle of wine, or even their birthday.

Housekeeping 147

Housekeeping Budgeting Demo Pricing 147

Hospitality Net

APRIL 11, 2025

Critically, hosts and the guests they welcome support communities by generating an influx of tourism taxes for local governments at a time when jurisdictions are facing budget shortfalls.

Travel and Tourism 105

Travel and Tourism Budgeting Events 105

Hospitality Magazine

DECEMBER 1, 2024

Other considerations Budget Budget is often aligned with occasion and can vary greatly depending on your customers’ confidence with wine. There are quality Australian wines at all price points, and the customer will have a more enjoyable experience if you stick to their budget, and may be more inclined to order another bottle.

Budgeting 130

Budgeting Pricing Accounting Magazine 130

Lodging Magazine

NOVEMBER 11, 2024

While “big box” hotels and major resorts often employ dedicated security personnel, the staff budget for smaller properties typically does not allow for those roles, especially with the rising wages brought about by the labor shortage. Thus, building a “security culture” among all onsite staff is even more critical at smaller hotels.

Budgeting 111

Budgeting Magazine 111

Modern Restaurant Management

DECEMBER 16, 2024

Budgeting Smart : Review your benefits costs and the financial impact of anticipated changes so you can set realistic financial expectations for 2025. Reviewing Unemployment Tax Rate s: Stay updated on tax rate changes and budget for them in 2025. Meeting Filing Deadlines : Submit W-2s and 1099s by January 31 to avoid penalties.

Scheduling 179

Scheduling Training Communication Budgeting 179

eHotelier

FEBRUARY 22, 2024

Rostering staff in tourism and hospitality can be complex, due to the variety of working hours, shifts, award conditions and staff budgets The future belongs to those who recognize the transformative potential of rostering in elevating guest experiences, optimizing operational efficiency, and driving financial performance.

Budgeting 289

Budgeting 289

Hotelogix

NOVEMBER 19, 2024

It lowers initial investment and mitigates unexpected costs, allowing you to maintain your budgets more prudently - improving hotel amenities, marketing,etc.   With cloud solutions, you don't have to worry about paying extra for feature updates as these are free, eliminating the need for expensive upgrades. Hold on!

Demo 243

Demo Housekeeping Maintenance Server 243

Modern Restaurant Management

DECEMBER 9, 2024

Identify opportunities that might have been missed by competitors due to budget or creativity and capitalize on those. Wonderyard Photos courtesy of Lotus Concepts Understand your budget in terms of marketing, decor and man power.

Budgeting 167

Budgeting Marketing Magazine Events 167

Modern Restaurant Management

DECEMBER 27, 2024

RMS’s Customer Pain Points Consumer Report found that quality is the #1 driver of restaurant choice, followed by budget-friendliness and location/atmosphere. Our research shows that top spenders value promotions that offer the most quantity for the price, but quantity alone isn’t enough.

Pricing 188

Pricing Budgeting Accounting Marketing 188

Revenue Hub

DECEMBER 20, 2024

Hotels that leverage this strategy and market to a well-curated database with a solid budget often see a significant uplift in direct bookings. Avoid pre-payment requirements or restrictive terms, as flexibility and transparency are key for budget-conscious shoppers after Christmas.

Budgeting 100

Budgeting Book Article Marketing 100

Hotel Business

JANUARY 1, 2025

Get ideas for: Curating experiences and ambiance to attract and retain guests Supporting flexible staffing and training Creating value-driven, budget-friendly dining Delighting health-conscious guests Check out the full report, and let’s discuss how Entegra can help bring these ideas and more to fruition!

Budgeting 97

Budgeting Training 97

Hospitality Magazine

APRIL 14, 2025

Drinks are similarly thoughtfully considered; 80 wines cover a spectrum of budgets, with 20 by the glass or carafe options. The team has also devised 10 signature cocktails, including a Figroni A slow burn of fig and spice, stirred with gin and given a cheeky kiss by arak.

Budgeting 130

Budgeting Magazine 130

eHotelier

APRIL 21, 2024

In her role, she will serve as the strategic business leader of property operations at the 221-room hotel and be responsible for creating and maintaining a high-performing service culture and managing budgets and reputation.

Budgeting 246

Budgeting Marketing 246

Soft Inn

AUGUST 21, 2024

Whether you are running a budget hotel, boutique hotel, or a large resort, a well-structured housekeeping checklist ensures that every guest enjoys a comfortable stay. Housekeeping is one of the backbones of any successful hotel operation.

Housekeeping 237

Housekeeping Budgeting 237

Revenue Hub

OCTOBER 29, 2024

On the one hand, fixed hotel rates offer price stability and predictability for corporate travel budgets, but negotiations can be time-consuming. Our experts explain how both types of rates have their place in a travel program, and the strategies that buyers can use to get the most bang for their buck.

Pricing 108

Pricing Procurement Budgeting Article 108

Lodging Magazine

NOVEMBER 4, 2024

travelers would rather drive than fly this holiday season as they seek familiar, flexible, and budget-friendly travel options. DALLAS, Texas—U.S.

Budgeting 111

Budgeting Magazine 111

Hospitality Net

NOVEMBER 13, 2024

Luxury and budget skiers and adventurers can stay atop Tortin Glacier, high above the ski resort town of Verbier, thanks to a two-level accommodation strategy at the new Cabane Tortin, opening December 15.

Budgeting 96

Budgeting 96

Revenue Hub

NOVEMBER 22, 2024

We recommend having a daily budget of at least $5 per ad, if possible. If your daily budget is $15/day, it is probably wiser to run only 3-4 ads. Don’t believe us? Take it from them. Run 3 or fewer offers of hotel messaging types Now that you’re running six or fewer ads, we can talk about offers.

Budgeting 109

Budgeting Article Blog Book 109

Hotel Owner

NOVEMBER 19, 2024

Recent budget changes won’t have helped.” Hospitality has always been a tough business and, in the current climate, any short term easing in the insolvency figures shouldn’t be seen as a sign of sunlit uplands for the sector.

Budgeting 98

Budgeting 98

Hospitality Magazine

JANUARY 20, 2025

“Residencies allow me the opportunity to explore less-structured models a bit like when I started my career more on gut feelings and creativity than budgets. Speaking on the limited nature of the venue, Terzini says the structure suits him just fine.

Budgeting 130

Budgeting Magazine 130

Modern Restaurant Management

DECEMBER 5, 2024

Balancing Cost and Value with Wear and Tear Investing in quality glassware doesn’t have to be cost-prohibitive, even for budget-conscious restaurants. The key is choosing visually striking pieces that align with a restaurant’s overall style and personality.

Presentation 162

Presentation Server Information Budgeting 162

Modern Restaurant Management

MARCH 18, 2025

This presents restaurants with an opportunity to offer smaller, snack-sized portions that satisfy emotional needs while remaining budget friendly. This approach highlights a key insight: even budget-conscious consumers are willing to spend on small luxuries that bring them joy. consumers under 35 snacking multiple times a day.

Budgeting 128

Budgeting Presentation Information Pricing 128

Revenue Hub

JANUARY 6, 2025

This allows you to focus your marketing budget and sales efforts on segments with the highest net contribution, ultimately boosting profitability and enhancing your market position. For instance, direct bookings from a particular market segment may carry lower acquisition costs, resulting in a higher NetRevPAR.

Budgeting 109

Budgeting Guest Satisfaction Accounting Article 109

Hospitality Magazine

MARCH 3, 2025

This tells us that for many Australians, the ease and enjoyment of dining out often takes priority over sticking to a budget.” Our survey found that overspending on dining out or takeaway is the second-worst financial habit reported. research and data expert.

Budgeting 130

Budgeting Catering Pricing Magazine 130