Remove Definition Remove Maintenance Remove Pricing Remove Reservations
article thumbnail

What is Hotel Revenue Management?

Xotels

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? Why is Revenue Management Important to Hotels & Other Industries?

Pricing 52
article thumbnail

Sometimes less is more

Hotel Business

Why hoteliers don’t like to think about their phone system From an onsite communication standpoint, old phone systems and PBX equipment have traditionally been in the category of more—more equipment, more vendors and more maintenance. Why the reservation to replace this critical piece of a hotel’s infrastructure?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restaurant Payroll and HR Software: Make it Easy on Yourself

Synergy Suite

Support and Maintenance Consider the level of support and maintenance provided by the payroll and HR solution provider. Compare pricing plans, subscription fees, and any additional costs associated with the system, such as implementation or customization fees.

article thumbnail

Online Ordering System for Restaurants: The Ins and Outs

Synergy Suite

Ensure that the system can generate receipts with all necessary order details, such as itemized pricing, special instructions, and customer details. You should be able to add, remove, or update menu items, descriptions, pricing, and options as needed. Budget Review your budgetary constraints when selecting an online ordering system.

article thumbnail

What is Hotel Management?

Xotels

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.

article thumbnail

What is Hotel Management?

Xotels

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.

article thumbnail

Are hotels a good investment?

Les Roches

Introduction to hotel investment Before we get started on sharing the benefits of hotel investing and whether owning a hotel is profitable, reviewing the definition of hotel investment and the current state of the hotel industry is a good place to start. Lower satisfaction scores and ratings can lead to fewer reservations and reduced profits.