Revenue Hub

OCTOBER 23, 2023

To meet business objectives and drive higher revenue and profitability, there are new considerations that today’s revenue managers must account for in their strategic planning. Many of these sustainability efforts provide cost reduction benefits as well.

Pricing 108

Pricing Book Cost Reduction Download 108

Les Roches

JANUARY 11, 2024

When setting sales goals, you need to make sure they align with the overall business objectives, which means considering factors such as sale­s volume, customer acquisition, profitability and market share­. First, it is crucial to have­ a clear understanding of production and distribution costs.

Definition 52

Definition Pricing Training Marketing 52

Les Roches

JANUARY 8, 2024

These innovations in hotels range from processes that handle reservations and check-ins to implementing effective marketing strategies, for example, smartphone notifications informing guests about room availability. If you want to learn more about hotel marketing automation, a marketing degree is a great place to start.

Housekeeping 52

Housekeeping Training Hospitality Management Reservations 52

Synergy Suite

DECEMBER 5, 2023

Fixed costs include things like rent, insurance, and salaries, which remain relatively constant regardless of your sales volume. Variable costs, on the other hand, fluctuate with your sales and include expenses like food and beverage costs ( cost of goods sold, or COGS ), utilities, and marketing expenses.

Pricing 52

Pricing Information Marketing Budgeting 52