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Best Steps and Practices to Create a Robust Hotel Budget

Revenue Hub

NB: This is an article from Duve Subscribe to our weekly newsletter and stay up to date Understanding the Importance of a Hotel Budget Why is it Important? Historical Data: By understanding past performance you can make more accurate future projections. Accurate revenue forecasting is the foundation of your budget.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. Hotel Market Size & Opportunities. Communication, being able to communicate your goals and how the hotel is performing is crucial to the development of your business.

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Direct Pre-Authorizations Can Boost Hotel Revenue Starting Today

Revenue Hub

Credit card pre-authorizations are essential to a hotel’s revenue management strategy. 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. Pre-Authorization Is Key in Revenue Management.

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