Hotelogix

FEBRUARY 13, 2024

Here are some operational challenges large hotel management faces without the right solution Front desk and reservations The front desk sets the tone for a guest's experience. Housekeeping and maintenance Impeccable rooms and facilities are non-negotiable. They need value for what they pay.

Housekeeping 147

Housekeeping Regulatory Compliance Guest Satisfaction Maintenance 147

Revenue Hub

OCTOBER 25, 2023

GDS connects travel professionals, such as travel agents, with hotel inventory, facilitating real-time reservations. Increased Bookings: It’s a valuable source of reservations, especially from corporate travelers and travel agencies. Rate Parity: It helps maintain rate parity , ensuring consistent prices across all platforms.

Book 97

Book Reservations Guest Satisfaction Pricing 97

Modern Restaurant Management

DECEMBER 28, 2023

The ability to gauge real-time customer satisfaction is a game changer for restaurants aiming to adapt and thrive in an evolving market. Predictive Maintenance : AI will revolutionize kitchen operations, by predicting equipment failures minimizing downtime, and ensuring a great dining experience.

Kitchen Operations 124

Kitchen Operations Training Maintenance Pricing 124

Modern Restaurant Management

JANUARY 9, 2023

Other expenses — such as utilities, occupancy, supplies, general/administrative and repairs/maintenance — combine to represent about 29 percent of sales. Actions taken include: 87 percent of restaurants increased menu prices. 92 percent of operators say food costs are a significant challenge.

Pricing 141

Pricing Maintenance Reservations Accounting 141

SiteMinder

OCTOBER 11, 2022

Reservations agent. Taking reservations or bookings over the phone. Making restaurant reservations and booking taxis on behalf of guests. From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Director of marketing. Sales manager.

Front of House 59

Front of House Housekeeping Maintenance Back of House 59

InnQuest

SEPTEMBER 28, 2022

The cloud PMS software must be adept at all key functions like getting listed online, making reservations, facilitating guest entry and housekeeping to communicating with guests all-throughout. The ideal cloud property management system has zero maintenance costs and third-party integration charges, and offers free software upgrades.

Property Management 130

Property Management Catering Housekeeping Maintenance 130

SiteMinder

SEPTEMBER 10, 2023

The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets. It enables you to establish revenue benchmarks, control operational expenditures , allocate resources judiciously, and prepare for contingencies such as economic downturns or unexpected maintenance issues.

Budgeting 59

Budgeting Maintenance Front Desk Operations Document 59

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Many define revenue management as: “Selling the Right Room to the Right Client at the Right Moment at the Right Price.” What Makes Hotels Suitable to Apply Revenue Management?

Pricing 52

Pricing Book Budgeting Marketing 52

SiteMinder

SEPTEMBER 6, 2023

It should include a smooth, secure booking system that shows real-time room availability and pricing, letting guests book a room without the back-and-forth of phone calls or emails. Once a booking is made, automated emails kick in, confirming the reservation and even suggesting add-ons like room upgrades or dining options.

Book 98

Book Reservations Blog Demo 98

Hotel Owner

JUNE 19, 2023

In the ever-evolving travel market, urban pop-up hotels in Purpose Built Student Accommodation (PBSA) buildings represent a thriving hospitality industry trend, as well as a valuable, potential growth opportunity for a student housing portfolio. So, how do you make the most of the opportunities within this sector?

Concierge 105

Concierge Housekeeping Maintenance Book 105

SiteMinder

SEPTEMBER 7, 2023

Examples might include resort fees that cover property maintenance, parking fees, or additional cleaning fees if guests bring pets. These include: Resort and amenity fees These fees cover the use and maintenance of on-site facilities like swimming pools, gyms, and spas.

Book 105

Book Valet Services Travel and Tourism Maintenance 105

Revenue Hub

NOVEMBER 21, 2022

It also differs depending on the property type, location and target market. Add up the number of reservations for the same time. Divide the number of room nights by total reservations to get your ALOS. It means implementing pricing rules that calculate rates based on the check-in date and the length of stay.

Book 79

Book Front of House Pricing Catering 79

Hotel Business

AUGUST 11, 2023

Restaurants implemented digital ordering systems, QR codes for menus and online reservation systems to reduce contact and enhance the customer experience. More tech and AI are coming into F&B via marketing and guest profile capture metrics. What are some trends you’re forecasting for the next few years?

Maintenance 52

Maintenance Catering Pricing Budgeting 52

SiteMinder

NOVEMBER 15, 2022

It also differs depending on the property type, location and target market. Add up the number of reservations for the same time. Divide the number of room nights by total reservations to get your ALOS. Make longer stays more attractive with LOS pricing and packages. For example, if your ALOS was 4.5 days on average.

Book 59

Book Front of House Pricing Catering 59

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. Table of contents.

Pricing 59

Pricing Information Blog Reservations 59

SiteMinder

OCTOBER 16, 2022

Marketing & pricing: Analysing financial statements can indicate whether your hotel’s marketing and pricing strategies are bringing in enough revenue, and whether you need to adjust your approach. This can be helpful for: Setting prices for your rooms or services (to maintain a healthy profit margin).

Pricing 72

Pricing Information Maintenance Accounting 72

Hotel Business

MARCH 16, 2023

Booking source In 2019, OTA-sourced bookings made up 57% of all reservations, while non-OTA bookings made up the remaining 43%. In 2022, global occupancy rates had a sluggish start due to the Omicron variant, but by mid-year, rates were back above over 50 percentage points, driven by summer “revenge travel.”

Book 52

Book Maintenance Pricing Budgeting 52

Les Roches

DECEMBER 27, 2023

Depending on where you work, successful hospitality management can require strategic thinking and effe­ctive marketing technique­s to enhance profitability. A bachelors in hospitality manage­ment or business administration can be extremely valuable as the­se programs cover key topics such as operations manageme­nt, accounting and marketing.

Travel and Tourism 52

Travel and Tourism Hospitality Management Communication Customer Service 52

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. Reservations management: As soon as a room is sold, the job of managing that reservation begins.

Travel and Tourism 59

Travel and Tourism Book Housekeeping Customer Service 59

Synergy Suite

APRIL 24, 2023

In this article, we’ll go into the ins and outs of online ordering systems: what they are, how to choose one, and examples of the best online ordering systems on the market today. This data can be leveraged to understand customer behavior, tailor marketing campaigns, and personalize the customer experience.

POS Systems 52

POS Systems Information Maintenance Pricing 52

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. Reservations management: As soon as a room is sold, the job of managing that reservation begins.

Travel and Tourism 52

Travel and Tourism Book Housekeeping Customer Service 52

SiteMinder

OCTOBER 11, 2022

Cloud-based PMS solutions are a superior way to automate and accelerate all the important processes at your hotel including; Taking and confirming bookings, Managing reservations, Generating bills and reports, Check-in/out, Room transfers, Checking/editing availability, Guest communication. Build relationships with guests.

Housekeeping 52

Housekeeping Property Management Book Reservations 52

SiteMinder

AUGUST 29, 2023

Hotel operating costs Hotel operating costs encompass a wide array of expenses, from staff salaries, utility bills, and maintenance to marketing, guest amenities, and food & beverage supplies. Maintenance and Repairs Hotels must be in top condition to ensure guest satisfaction.

Housekeeping 52

Housekeeping Guest Satisfaction Book Maintenance 52

Les Roches

JANUARY 19, 2024

The business plan is a roadmap, outlining important aspects such as market analysis, manage­ment structure, marketing plans, ope­rational strategies, and financial projections. A structure­d plan helps you navigate­ each step, from choosing the right location to ide­ntifying your market niche and defining the­ scale of your operations.

Marketing 52

Marketing Book Accounting Procurement 52

Modern Restaurant Management

DECEMBER 10, 2019

Whether it is a bill, repairing a faulty appliance, maintenance or another cost, it can have a big impact on your cash flow. Having no cash reserve for emergencies means you run the risk of any such unexpected costs that could derail your business's daily operations.

Budgeting 124

Budgeting Accounting Maintenance Reservations 124

Xotels Hotel Revenue Management

NOVEMBER 11, 2019

With reservation lead time changing in key markets we operate in, it is becoming more challenging to forecast accurately. It anticipates desired cash flow per month to compensate for periods of low demand – otherwise known as seasonality reserves. Revenue management forecasting (unconstrained demand forecast).

Reservations 52

Reservations Accounting Book Information 52

Les Roches

MAY 24, 2023

This includes functions such as employee scheduling, reservation management, and making sure that you have enough staff to handle all the tasks needed at busy times. Marketing and sales skills Marketing and promotion are vital in the restaurant industry due to the high competition in the field.

Front of House 52

Front of House Communication Hospitality Management Customer Service 52

Les Roches

MAY 9, 2023

This includes functions such as employee scheduling, reservation management, and making sure that you have enough staff to handle all the tasks needed at busy times. Marketing and sales skills FilippoBacci/E+ via Getty Images Marketing and promotion are vital in the restaurant industry due to the high competition in the field.

Front of House 52

Front of House Communication Hospitality Management Customer Service 52

SiteMinder

MAY 12, 2023

Expenses – Money going out to pay for upkeep and maintenance of your property and services (e.g Managing revenue – With packages, promos, extras, add-ons, and a possible myriad of room types, room pricing can be extremely variable. room sales). staff wages). your amenities). suppliers). Hotel accounting is no different.

Accounting 52

Accounting Maintenance Document Pricing 52

SiteMinder

MAY 8, 2024

Depending on the nature of their services, they may take care of housekeeping, maintenance, and ensure compliance with local regulations, allowing you to focus on expanding your portfolio and increasing your revenue. Some companies might also charge additional fees for services such as cleaning, maintenance, and special guest services.

Property Management 52

Property Management Maintenance Communication Housekeeping 52

EATER

MAY 5, 2022

Yes, you can occasionally find products labeled “Shaoxing” and “Zhenjiang” and “Jinhua” in these parts, but they’re sort of analogous to a bottle of balsamic vinegar sold at a big box store: The label may say “Modena,” but that five-buck price tag is a big giveaway. This slimy mixture is then tossed into salt water and allowed to ferment.

Presentation 98

Presentation Reservations Maintenance Marketing 98

Modern Restaurant Management

DECEMBER 28, 2022

The primary advantage of moving equipment costs from the CapEx to the OpEx column for small and medium businesses is obvious: cushier cash reserves and fewer loans means less pressure to hit high revenue goals to make back the CapEx bills. EaaS for Small and Medium Businesses.

Maintenance 198

Maintenance Budgeting Reservations Back of House 198

Xotels

NOVEMBER 23, 2023

From front-of-house functions like guest reception and concierge services to back-of-house operations like finance, and marketing, every facet of a hotel’s functioning falls under the umbrella of hotel management. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

From front-of-house functions like guest reception and concierge services to back-of-house operations like finance, and marketing, every facet of a hotel’s functioning falls under the umbrella of hotel management. Marketing: Attracting and retaining guests requires effective promotion and marketing strategies.

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

eZee Absolute

NOVEMBER 19, 2023

Every hotel requires quality staff on all fronts; be it administration, maintenance, kitchen, housekeeping, or frontdesk. Change in marketing trends and dynamics Challenge Marketing is one of the most common challenges faced by the hotel industry. Also, traditional marketing methods aren’t that effective now.

Housekeeping 98

Housekeeping Travel and Tourism Book Marketing 98

Les Roches

APRIL 13, 2023

After all, you wouldn’t want to invest in a hotel before learning more about tourism market trends and whether you’re likely to see financial gains. As travel was restricted, the hotel market experienced a considerable contraction and sales decreased. trillion this year – meaning there’s plenty of income potential.

Travel and Tourism 52

Travel and Tourism Maintenance Budgeting Hospitality Management 52

Modern Restaurant Management

SEPTEMBER 30, 2020

Followed (not surprisingly) by restaurants and delivery drivers following proper safety protocols, price, and ease of ordering from the restaurant. A final piece of advice for restaurants is to invest in a user-friendly reservation system. The price to purchase a hamburger cooking robot is about $60,000. The Buzz on Beverages.

Travel and Tourism 190

Travel and Tourism Pricing Reservations Communication 190