Accounting Book Budgeting Strategic Planning 
Les Roches
MARCH 8, 2024
Thorough research, strategic planning and meticulous preparation are essential to ensure a competitive application and gain admission to your desired program. Researching and shortlisting potential schools A crucial first step in the application process is to fully research the schools you are considering.
Xotels
APRIL 3, 2024
Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Advance Sales: The hotel product, represented by rooms, can be sold in advance, enabling revenue managers to strategically plan and optimize occupancy levels over time.
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Les Roches
JANUARY 25, 2024
In the fast-paced world of hospitality, every customer interaction, online review, or booking generates data. Insights gathered from indirect competition such as vacation rental homes can also offer understanding in other areas to inform strategic planning. This ensures accurate accounting practices and helps prevent fraud.
Les Roches
JANUARY 19, 2024
Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. Distribution channels principally include online travel agencies or direct bookings through your website or booking call centers.
Xotels Hotel Revenue Management
APRIL 3, 2024
In our article about What is Revenue Management and in our Free Revenue Management Book for Hotels we have explained everything in detail about what the concept of revenue management is all about. Encourage Direct Hotel Bookings Encouraging customers to book directly should be a main priority included in your revenue management strategy.
Xotels
NOVEMBER 23, 2023
Hotel management collaborates with marketing teams to create enticing campaigns, manage online presence, and utilize various distribution channels to maximise bookings. Hotel management handles budgeting, revenue forecasting , cost control , and financial analysis to ensure profitability while maintaining service quality.
Xotels
NOVEMBER 23, 2023
Hotel management collaborates with marketing teams to create enticing campaigns, manage online presence, and utilize various distribution channels to maximise bookings. Hotel management handles budgeting, revenue forecasting , cost control , and financial analysis to ensure profitability while maintaining service quality.
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