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Bookkeeping for Hotels: 5 Steps for Better Management

Are Morch

In the dynamic world of the hotel industry, effective bookkeeping practices can make all the difference between thriving success and missed opportunities.

Hotels 147
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Island Hospitality assumes management of Naples hotel

Hotel Business

Island Hospitality Management, a third-party management company for select-service and upscale, extended-stay hotels, has assumed management of the 100-room Inn of Naples, Tapestry Collection by Hilton. The property is owned by Mission Hill Hospitality, a select-service and extended-stay hotel investor. “We

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From Hotel Revenue Management to Hotel Profitability Management

Catala Consulting

Introduction This new focus acknowledges that while revenue is crucial, it is the profitability that ultimately determines a hotel’s financial health and success. Profitability management encompasses a broader perspective, considering factors like cost control, efficient resource utilization, and value creation for guests.

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PM Hotel Group Selected to Manage Holiday Inn Dallas Market Center

Hospitality Net

PM Hotel Group, a leading hotel management company based in greater Washington, D.C., has been chosen to take over management of the Holiday Inn Dallas Market Center. The addition of Holiday Inn Dallas Market Center to the PM Hotel Group portfolio marks the continued expansion of the company’s presence in Texas.

Hotels 92
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TPG Hotels & Resorts to manage The Blennerhassett Hotel

Hotel Business

TPG Hotels & Resorts has been selected to manage The Blennerhassett Hotel, located in Parkersburg, WV. The property was purchased in 2019 by R&W Hotels, which is owned and operated by local Parkersburg businessmen Wayne Waldeck and Lee Eric Rector.

Hotels 98
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Traditional hotel management agreements old news in 2024

eHotelier

Traditional hotel management agreements old news in 2024 - Insights - Insights Here are the top four market trends owners and developers should watch in the new year.

Hotels 105
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Bhutan’s Namgay Heritage Hotel migrates to Hotelogix Cloud for efficient property management

Hospitality Net

Hotelogix, a globally leading cloud-based hospitality technology provider, said that Namgay Heritage Hotel in Bhutan has adopted its all-in-one Cloud-based Hotel Property Management System (Hotel PMS) to ensure efficient management of daily operations and to drive overall business growth.

Hotels 91