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Homelike launches operations in Dubai

Serviced Apartments

Homelike’s platform will serve over 15,000 corporate clients in Dubai, spanning relocation, project assignments, digital nomads, flexible workers and more. Accommodation will also range from serviced apartments and aparthotels to coliving and pods, catering to both long and short stays.

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Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

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.

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Evaluating revenue management options ahead of budget season

Hotel Business

If so, your property can avoid unnecessarily discounting its most valuable assets while allowing you to decide when to offer room upgrades or implement inventory controls to maximize revenue. Can your hotel deliver group and meeting space pricing directly to its sales & catering system?

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

The analysis must include: Market segment catered to by the competitors. Revenue Projection: Once you have determined the expected daily footfall, you can calculate the average sales you can expect per customer, depending on factors like menu price. Most popular dishes offered by competitors. Promotion/marketing strategies .

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

This knowledge will help you answer these questions and more– helping you differentiate yourself from the competition and best cater your coffee shop to the community's needs. revenue projections) and will detail your coffee shop's unique selling proposition. Do they have indoor seating or are they takeout-only?

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How to start a hotel management company

Les Roches

Bespoke services, curated experiences and tailored recommendations based on guest data and preferences are all now on the agenda Sustainability and eco-friendly practices: one of the most significant focuses for the hotel industry is sustainability , with a growing emphasis on eco-friendly practices, energy efficiency and environmental conservation.

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Everything you need to know about resort development

Les Roches

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.