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How to Reduce Technology Management Costs in Hotels

Hotelogix

On-premises or server-based hotel management systems require you to invest upfront in costly hardware, a dedicated IT team, and ongoing maintenance expenses. It lowers initial investment and mitigates unexpected costs, allowing you to maintain your budgets more prudently - improving hotel amenities, marketing,etc.

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How Google Calendar Simplifies Room Bookings?

Hotelogix

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. Challenges with Reservations Staff at small hotels often find it challenging to handle reservations effectively. The answer you are searching for is, Yes.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

To help you survive and thrive, we've created a step-by-step and easy-to-follow restaurant budgeting guide. Table of Contents What is included in a restaurant budget? Why should you create a restaurant budget? Conclusion Frequently Asked Questions (FAQs) What is included in a restaurant budget?

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How EaaS Benefits Businesses Big and Small

Modern Restaurant Management

Operating Expenses (OpEx) are the recurring monthly bills a restaurant or bar usually budgets for: electricity and water, rent, food and alcohol, etc. Without the cash reserves and collateral that lenders want to see, these small businesses are much less likely to secure loans when they need them most.

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Everything You Need To Know About Hotel Operations Management

InnQuest

It encompasses tasks such as front office operations, housekeeping, food and beverage services, maintenance, sales, marketing and financial management. It handles guest reservations, check-in/check-out processes, and room assignments and provides concierge services.

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Key Work Areas and Features of Hotel Management Software Small Hotel Owners Need to Access

Hotelogix

  Reservation management: This feature allows you to manage all your reservations from a single dashboard. You can also cancel or modify reservations based on guests' requirements here.  Reservation report: It provides insights into reservations by room type, including source, cancellations, no-shows, etc.

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Hotel budget: Steps in the budgeting process for hotels

SiteMinder

What is a hotel budget? A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets. Why is a hotel budget important?