Revenue Hub

JANUARY 26, 2023

Subscribe to our weekly newsletter and stay up to date Definition of variable costs First, let’s define what variable costs are. Additionally, by comparing actual costs to budgeted costs, hotels can determine if they are on track to meet their financial goals. There are several ways to track variable costs in a hotel.

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Synergy Suite

JULY 11, 2023

What to Look for in a Restaurant Payroll & HR System Accounting Integrations It is important to consider whether the payroll and HR system seamlessly integrates with your existing accounting software. Look for solutions that offer integrations with popular accounting platforms, such as QuickBooks or Xero.

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Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Article Summary: What is the Definition of Revenue Management? property maintenance) and comparatively low variable costs (e.g.,

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7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.

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Synergy Suite

APRIL 24, 2023

Accounting and Financial Systems Integration with your accounting and financial software ensures a seamless flow of data related to online orders, sales, and revenue. Budget Review your budgetary constraints when selecting an online ordering system.

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Xotels

NOVEMBER 23, 2023

Hotel Management: Always talks about hospitality in accommodation Hospitality Management: Usually refers to a broader definition, incl. For a comprehensive understanding of the definition of hospitality management , read our full article. restaurants, bars, etc.

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Xotels

NOVEMBER 23, 2023

Hotel Management: Always talks about hospitality in accommodation Hospitality Management: Usually refers to a broader definition, incl. For a comprehensive understanding of the definition of hospitality management , read our full article. restaurants, bars, etc.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40