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What is cost-based pricing strategy in the hotel industry?

MEWS

What is cost-based pricing? Cost-based pricing lets hoteliers set prices for rooms, services and amenities based on how much they cost their hotel, and then add a profit margin. What are the real hotel housekeeping cleaning costs per room?

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Warner Hotels receives Good Housekeeping award for entertainment

Hotel Owner

Warner Hotels has been awarded Good Housekeeping’s “most prestigious” accreditations for its line-up of entertainment at its hotels. The hotel group, which is known for its staycations, was recently voted as ‘Reader Recommended’ by the Good Housekeeping Institute for its entertainment services.

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Unlocking hotel success: Essential hotel reports you need

Hotelogix

As a hotelier, monitoring your hotel's performance is paramount to ensuring smooth operations and maximizing revenue. In this context, reports are critical as they provide key insights into your hotel's operations, from housekeeping to finance, marketing, and guest preferences.

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Best Practices in Hotel Data Management-Hotel Data Analytics

Hotelogix

Harnessing hotel data is essential for navigating the modern hospitality landscape, enhancing operational efficiency, and tailoring marketing efforts to meet guest preferences better. Let's explore the insights and strategies for transforming your hotel's data into a robust growth and customer satisfaction tool.

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A Concise Guide to Hotel Inventory Management

InnQuest

At a glance: What is Hotel Inventory Management? Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. Firstly, What is Hotel Inventory Management? These are managed as inventory and must be scheduled and priced accordingly.

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Everything You Need To Know About Hotel Operations Management

InnQuest

From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operations manager. The goal is to provide excellent guest experiences while maximizing revenue and maintaining cost control.

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Managing a large hotel? You need cloud-based hotel management software.

Hotelogix

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount. Housekeeping and maintenance Impeccable rooms and facilities are non-negotiable. It will lead to revenue leakage.