SiteMinder

OCTOBER 29, 2024

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.

Property Management 59

Property Management Maintenance Document Marketing 59

Revenue Hub

NOVEMBER 23, 2022

NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenue projections if you don’t use them or if you leave them in the hands of the OTAs.

Book 52

Book Reservations Revenue Projections Pricing 52

SiteMinder

AUGUST 1, 2024

Here’s what to include in your revenue and pricing section: Revenue streams: Identify all potential revenue sources, such as room nights, food and beverage sales, meeting room rentals, spa treatments, and laundry services. Break-even analysis: Calculate the point at which your hotel will start to generate a profit.

Travel and Tourism 95

Travel and Tourism Competitive Analysis Pricing Budgeting 95