Hotel budget: Steps in the budgeting process for hotels
Hotel budget: Steps in the budgeting process for hotels

SiteMinder · 22 Sep

A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. It serves as a

The Prosperous Hotelier - What Readers Are Saying!
The Prosperous Hotelier - What Readers Are Saying!

David Lund · 21 Sep

The Prosperous Hotelier - What Readers Are Saying!

How P2P Software Will Help Hoteliers Master Their 2024 Budget
How P2P Software Will Help Hoteliers Master Their 2024 Budget

How P2P Software Will Help Hoteliers Master Their 2024 Budget
By Johannes Vocke
FutureLog AG · 20 Sep

Budgeting effectively is a challenge at the best of times, but hoteliers looking to set their 2024 budgets have to do so amid lingering uncertainty a

S Hotels & Resorts acquires Mercure Glasgow City Hotel leasehold and starts major renovation of properties in Manchester, Edinburgh and Leicester as part of asset enhancement program
S Hotels & Resorts acquires Mercure Glasgow City Hotel leasehold and starts major renovation of properties in Manchester, Edinburgh and Leicester as part of asset enhancement program

S Hotels & Resorts · 15 Sep

S Hotels and Resorts PCL (SET: SHR), a leading hospitality investment and management company and the hospitality arm of Singha Estate PCL (SET: S), h

Paymerang’s Growth in the Hospitality Industry Reaches Record-Breaking Levels
Paymerang’s Growth in the Hospitality Industry Reaches Record-Breaking Levels

Paymerang · 14 Sep

Paymerang has achieved unparalleled growth in the hospitality industry over the past two and a half years. Currently, 4 of the top 10 domestic U.S. m

HVS Asia Pacific Hospitality Newsletter - Week Ending 08 September 2023
HVS Asia Pacific Hospitality Newsletter - Week Ending 08 September 2023

HVS · 12 Sep

YTL Hospitality REIT Acquires Hotel Stripes For MYR138 Million, Hop Inn Has Announced A USD283.4 Million Asia-Pacific Expansion Plan, Indonesian Para

What Hoteliers Need to Know about Rising Insurance Costs: Leave No Stone Unturned
What Hoteliers Need to Know about Rising Insurance Costs: Leave No Stone Unturned

What Hoteliers Need to Know about Rising Insurance Costs: Leave No Stone Unturned
By Terri Stanganelli
Meyer Jabara · 12 Sep

Just as ensuring hotel safety requires leaving no asset or process unexamined, the quest for affordable property coverage requires casting a wide net

Luxury Hotel Firm Aman Gets $360 Million From UAE Investors
Luxury Hotel Firm Aman Gets $360 Million From UAE Investors

BloomBerg.com · 11 Sep

Aman Group, which operates some of the world’s most expensive hotels, secured a $360 million investment from a group including a United Arab Emirates

Hotel budget: Steps in the budgeting process for hotels

SiteMinder Blog · 11 Sep

Your hotel budget is an important part of a successful business strategy. Use our complete guide to implement effective hotel budgeting.

HVS
A new chapter in the region’s growth story

A new chapter in the region’s growth story
By Hala Matar Choufany
HVS · 8 Sep

The GCC countries’ ambitious plans for diversifying their economies away from oil and gas are gaining pace and tourism is a key focal point, due in p

Paymerang Named to Inc. 5000 List of Fastest Growing Companies in America
Paymerang Named to Inc. 5000 List of Fastest Growing Companies in America

Paymerang · 6 Sep

Leading AP automation platform Paymerang has been named to the 2023 Inc. 5000 list of fastest growing companies in America. It marks Paymerang’s four

Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality
Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality

Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality
By Marcy Albert
OpenKey · 5 Sep

As the hotel industry prepares for its annual budget planning for 2024, we’re at a critical moment where technology and financial strategy blend toge

CBRE Hotels
Guest Loyalty Programs Provide, But They Cost

Guest Loyalty Programs Provide, But They Cost
By Robert Mandelbaum, Christine Bang
CBRE Hotels · 5 Sep

Over the years, the fees hotel owners pay to franchise companies have typically grown at a pace greater than the rise in hotel rooms revenue. Most fr

Hotel costs: How to reduce expenses and boost revenue
Hotel costs: How to reduce expenses and boost revenue

SiteMinder · 5 Sep

For hoteliers, hotel costs encompass everything from the cost of construction, to the cost of insurance, to the everyday operational costs of establi

HVS Asia Pacific Hospitality Newsletter - Week Ending 01 September 2023
HVS Asia Pacific Hospitality Newsletter - Week Ending 01 September 2023

HVS · 5 Sep

CDL Acquires Hotel Osaka Shinsaibashi For JPY 8.5 Billion, Ong Beng Seng’s HPL Gets Provisional Nod For Orchard Road Redevelopment In Singapore, Tree

In Extenso Avocats
Hotel management agreements offer flexibility for hotel investment in France

Hotel management agreements offer flexibility for hotel investment in France
By Christopher Boinet, Anne Epinat

Under the influence of international operators, hotel management methods in France and Europe have evolved, with management agreements increasingly b

Why you should consider a CDP in your 2024 hotel budget
Why you should consider a CDP in your 2024 hotel budget

Revinate Blog - Key Trends in Hospitality · 4 Sep

If you think you know your guests, think again. Your guests might have come in the past for a romantic escape or for business. But now, they may be c

David Lund
The Prosperous Hotelier: Engage Their Hearts and Minds First

The Prosperous Hotelier: Engage Their Hearts and Minds First
By David Lund
David Lund · 4 Sep

You might think that getting your hotel leadership team excited about accounting is like convincing them it is fun to go to the dentist.

Forecast Accuracy: Why Mape?
Forecast Accuracy: Why Mape?

ComOps · 1 Sep

Yield management allows hotels to manage the capacity of their rooms more profitably, and the accuracy of statistical forecasting determines how usef

Hospitality Daily Podcast - Elevating Your Career through Financial Education
Hospitality Daily Podcast - Elevating Your Career through Financial Education

David Lund · 30 Aug

David Lund is The Hotel Financial Coach and in this episode, you’ll hear about his own journey to leadership, advice on where to get started on your

RobertDouglas Represents MCR in its Sale of Three Premium Select-Service Properties Totalling 330 Rooms to the Braintree Group
RobertDouglas Represents MCR in its Sale of Three Premium Select-Service Properties Totalling 330 Rooms to the Braintree Group

RobertDouglas · 30 Aug

RobertDouglas announced today that it represented MCR in its sale of three premium select-service properties to the Braintree Group, which will be ma

The Peabody Getting its Ducks in a Row via NEW Financial Budgeting & Forecasting Solution
The Peabody Getting its Ducks in a Row via NEW Financial Budgeting & Forecasting Solution

Aptech · 30 Aug

Known as “The South’s Grand Hotel, The Peabody Memphis, a Forbes Four-Star and AAA Four-Diamond rated property, is an icon in Tennessee. Listed on th

Sertifi Workflow Recipe: Advanced Fraud Tools
Sertifi Workflow Recipe: Advanced Fraud Tools

Sertifi Blog · 30 Aug

Join Sertifi customer success manager, Peter Laspas, as he shows us how to recognize fraud and build a payment fraud prevention policy using Sertifi’

M3 Minutes - Beyond the Check: Exploring Payroll and HR Strategies in Hospitality
M3 Minutes - Beyond the Check: Exploring Payroll and HR Strategies in Hospitality

M3 · 29 Aug

Join us for a conversation with our own Kristy Ingram as she delves into the paramount best practices and strategies in payroll and HR management wit

Hotelogix integrates with Opentec to assist UAE hotel groups in staying compliant with local regulations
Hotelogix integrates with Opentec to assist UAE hotel groups in staying compliant with local regulations

Hotelogix · 29 Aug

Hotelogix, a globally leading enterprise-grade cloud-based Hotel Property Management System provider, has successfully integrated its multi-property

Demystifying the buying process for hospitality tech
Demystifying the buying process for hospitality tech

Demystifying the buying process for hospitality tech
By Ryan Haynes

Buying technology systems, software and solutions for business is no easy feat. With a plethora of providers, the procurement process can become tedi