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10 Strategies to Skyrocket Profitability in City Hotels

Revenue Hub

Boosting profitability while maintaining high-quality service in city hotels is both an art and a science. A sophisticated Revenue Management System (RMS) can help facilitate this process, taking into account numerous data points and offering actionable insights for optimal pricing. Continue reading to discover them all!

Pricing 90
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HVMG bolsters leadership team

Hotel Business

Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel third-party operator and investor, has expanded its leadership team after adding nine hotels to its portfolio in the first half of the year. corporate associates for every hotel. She joined HVMG in 2010 as VP, strategic planning and human resources.

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How to create a business plan for a hotel

Les Roches

Are you interested in being part of the hospitality industry or even dreaming of operating your own hotel? Before embarking on a project in this competitive industry, it’s essential to create a solid business plan. What is a hotel business plan? Why do you need a hotel business plan?

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High-paying business degree jobs: kickstart your career

Les Roches

Let’s look at some of the roles you could consider with a business degree. Business development specialist A graduate with a BBM or an MBA is ideally prepared for being a business development specialist. Primarily responsible for finding new market opportunities, they are rewarded with generous salaries.

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How do you become a Director of Business Operations?

Les Roches

The ultimate aim of the Director of Business Operations is to ensure that the business – its people and processes – works smoothly, efficiently, and productively. They plan, project manage, monitor, and direct day-to-day business development activities and coordinate across different departments.

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Definition of revenue growth strategies

Les Roches

Sales development representatives (SDRs) research and create new opportunities and schedule meetings, while business development managers (BDMs) focus on closing deals and generating revenue. Training and development of a sales team Sales training can significantly increase ROI (return on investment).

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Changes at McDonald’s and Reducing Food Waste

Modern Restaurant Management

. "When Easterbrook was appointed CEO in January 2015, he was also tasked adding outside perspectives that would help to develop new growth strategies that capitalized on McDonald's key strengths: its brand, its franchisees, and its scale (also the key components behind our wide moat rating). in January 2017.

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