Bookkeeping for Hotels: 5 Steps for Better Management
Are Morch
NOVEMBER 15, 2023
In the dynamic world of the hotel industry, effective bookkeeping practices can make all the difference between thriving success and missed opportunities.
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Are Morch
NOVEMBER 15, 2023
In the dynamic world of the hotel industry, effective bookkeeping practices can make all the difference between thriving success and missed opportunities.
Hotel Business
OCTOBER 10, 2023
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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Catala Consulting
NOVEMBER 18, 2023
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.
Hospitality Net
NOVEMBER 29, 2023
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.
Hotel Business
AUGUST 1, 2023
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.
eHotelier
NOVEMBER 29, 2023
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.
Hospitality Net
NOVEMBER 29, 2023
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.
Hotel News Resource
NOVEMBER 21, 2023
The hotel General Manager (GM) is the person ultimately responsible for a hotels performance. A GMs ability to make decisions and take action will thus have an important impact on his or her hotels operational and strategic results.
Little Hotelier
OCTOBER 11, 2023
What is hotel review management? As the name suggests, hotel review management is the practice of monitoring and managing your hotel’s reviews. It’s a critical part of the broader management of your online reputation, which affects your ability to attract guests. They do, however, trust other people.
Skift Blog
OCTOBER 31, 2023
Skift Take: An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel. Sean O'Neill Read the Complete Story On Skift
Hotel Speak
NOVEMBER 28, 2023
Singapore, DD/November/2023: 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.
Hotel News Resource
NOVEMBER 3, 2023
Before joining Four Seasons Hotel Nashville, he most recently served as General Manager for Four Seasons Hotel Mumbai and is a graduate of the famed Les Roches International School of Hotel Management, Switzerland.
Refine
OCTOBER 22, 2023
Your hotel can do everything right, but if your customers aren’t happy, that can lead to a loss of revenue. The Importance of a Positive Hotel Reputation Recently, while browsing some online property reviews, one stood out. ". Unhappy customers leave negative reviews, and that affects future bookings.
Hospitality Net
NOVEMBER 3, 2023
A hotel channel manager comparison is crucial to ensure that you are investing in the best piece of software for your business. After all, it will form the backbone of your hotel distribution, and failing to find the best fit for both now and the future could end up doing more harm than good.
Lodging
NOVEMBER 29, 2023
CHEVY CHASE, Maryland—PM Hotel Group has been chosen to take over the 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. “We
eHotelier
AUGUST 31, 2023
By utilizing data management tools, hotel asset managers can enhance their decision-making abilities, improve business operations, and increase profitability.
Inn Quest
SEPTEMBER 5, 2023
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? Let’s get started!
eHotelier
OCTOBER 25, 2023
Inventory management and sustainability: A win-win strategy for the hotel industry - Insights - Insights Here are ways hotels can minimize secondary inventory waste in their rooms in order to reduce costs, increase profits and promote sustainability.
Hotel Business
AUGUST 22, 2023
Sage Hotel Management , a Sage Hospitality Group company, has promoted Robert Butler to EVP/COO. I am beyond proud to put oversight of our entire portfolio of hotels in the hands of such a talented and capable leader,” said Daniel del Olmo, president, hotels and restaurants, Sage Hospitality Group.
Hotel Business
JANUARY 13, 2023
Remington Hotels has assumed management for Crowne Plaza College Park – Washington, DC, which has a close relationship with the University of Maryland and is less than five miles from the school’s main campus. We’re thrilled to be expanding our footprint in the DMV area,” said Remington Hotels President Chris Green.
Hotel Business
NOVEMBER 10, 2023
Hospitality management company Charlestowne Hotels has opened the Little Mod Hotel in Charlottesville, VA. The hotel’s 15 guestrooms feature record players, retro bath tile and mid-century furniture. We love the opportunity that comes with building a hotel brand,” said Kyle Hughey, CEO, Charlestowne Hotels. “We
Hospitality Net
NOVEMBER 30, 2023
Dusit Hotels and Resorts, the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies, has signed a Hotel Management Agreement with Gamuda Land, Malaysia’s leading property developer, to manage ASAI Gamuda Cove - Dusit’s first hotel in Malaysia and the first hotel development by Gamuda Land.
Hospitality Net
NOVEMBER 28, 2023
paleo, the open property management platform for hospitality, has been appointed by Koncept Hotels to hardwire automation into its guest journey and operations.Established in 2017, the holistically sustainable hotel group is at the forefront of the hotel industry’s transformation, offering a digitised, self-service hotel concept with a focus on sustainable (..)
Hotel Business
OCTOBER 2, 2023
Charlestowne Hotels has continued its expansion in the Midwest with the management takeover of The H Hotel in Midland, MI. The 139-room hotel, which has transitioned from a Dolce by Wyndham property, offers more than 25,000 sq. The post Charlestowne Hotels to manage The H Hotel appeared first on hotelbusiness.com.
Hotel Business
NOVEMBER 29, 2023
PM Hotel Group , a hotel management company based in greater Washington, DC, has been chosen to take over management of the Holiday Inn Dallas Market Center. Texas is a dynamic market, and we are excited for the opportunity to add another hotel to PM Hotel Group’s footprint in the Lone Star State.
Skift Blog
SEPTEMBER 14, 2023
Skift Take: After wildfires devastated Maui's western region, the island as a whole appeared to show resilience in hotel demand. Plus, optimism at Hyatt, North America's top hotel managers, and more news highlights. Sean O'Neill Read the Complete Story On Skift
Lodging
NOVEMBER 17, 2023
CHICAGO—First Hospitality assumed management of Hotel Indy in Indianapolis, Indiana. The property marks First Hospitality’s first hotel with owner group KennMar. Since opening in 2021, Hotel Indy has 90 keys; two restaurants, The Hulman and The Cannon Ball Lounge; and 1,200 square feet of meeting space.
Webrezpro
NOVEMBER 21, 2023
Visit Hotel Palomino in Ridgway, Colorado. This western-themed hotel has contactless check-in, text-based concierge, and free parking for your four-wheeled steed. Hotel Palomino has chosen our cloud-based WebRezPro Property Management […] Source Looking for a taste of the Old West?
Lodging
MARCH 27, 2023
ATLANTA—Officials of the former Banyan Tree Management announced that the company has relaunched as Aperture Hotels. The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company mergers and acquisitions.
Hospitality Net
NOVEMBER 27, 2023
Infor®, the industry cloud company, today announced that Noble House Hotels & Resorts, a curated collection of award-winning boutique hotels, luxury resorts, and unforgettable adventures, has selected Infor Hospitality Management Solution (HMS) for its property management system (PMS) of record.
Inn Quest
SEPTEMBER 12, 2023
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. Human Resource Management: Managing the hotel’s workforce is essential.
Xotels
NOVEMBER 23, 2023
What is hotel management, you might ask? The hotel industry is broad and complex, with many stakeholders involved. Did you, for example, know hotels are not just managed by one party but typically have many different players involved in operating the hotel? And that’s a really good question.
Xotels
NOVEMBER 23, 2023
What is hotel management, you might ask? The hotel industry is broad and complex, with many stakeholders involved. Did you, for example, know hotels are not just managed by one party but typically have many different players involved in operating the hotel? And that’s a really good question.
SiteMinder
NOVEMBER 7, 2023
Sydney, Australia – Prominent New Zealand hospitality management company, Capstone Hotel Management (Capstone), is today celebrating 10 years of growth with SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels.
Hotel Management
NOVEMBER 2, 2023
Pacific Hotels has sold the recently refurbished 4-star Coral Cay Mackay resort to a private Queensland-based hotel group. The sale, which was negotiated by CBRE Hotels’ Wayne Bunz and Hayley Manvell, drew the interest of owner operators, hotel investment funds and high net worth individuals, according to CBRE.
Hotel Management
NOVEMBER 27, 2023
Experienced hotelier Craig Bond has taken up a new role of Senior Vice President – Head of Operations at Pan Pacific Hotels Group (PPHG), marking his return to the group after almost eight years. The post Exclusive: Craig Bond joins Pan Pacific Hotel Group to lead operations appeared first on Hotel Management.
Little Hotelier
SEPTEMBER 25, 2023
Hotel reputation management describes a suite of tools and strategies that hotels can use to monitor and manage the public perception of their property, primarily online. Small, independent hoteliers are more likely to deal with reputation management themselves. Analyse feedback Never remove poor reviews.
Hospitality Net
NOVEMBER 10, 2023
Apex Hotels is a family-owned, 4-star group that was founded in 1996 with nine city centre and rural hotels in some of the UK’s most popular locations, including London, Bath, Edinburgh, Glasgow, Dundee and Pitlochry.
Hotel Designs
NOVEMBER 24, 2023
Hotel Designs Minor Hotels to make its debut in Paris in 2024 Minor Hotels to make its debut in Paris in 2024 Minor Hotels will launch three new hotels in Paris in 2024 and 2025 under its NH Hotels and NH Collection brands. Here’s what we know.
Hospitality Net
SEPTEMBER 12, 2023
Cycas Hospitality has signed a hotel management agreement in its first partnership with Ennismore to operate the design-led 25hours Hotel Terminus Nord, bringing the hotel management company’s French portfolio to 10 hotels (over 1,500 rooms) in the region.
Hospitality Net
OCTOBER 26, 2023
Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.
Hospitality Net
NOVEMBER 30, 2023
Kempinski Hotels is proud to be part of this high-quality vision and has signed a management agreement for a luxury hotel and residences complex with the owning company, Xiong’an Xiongshang Real Estate Co.,
Hotel Business
NOVEMBER 29, 2023
Hotel Investor Apps (HIA), a hospitality-specific enterprise resource planning (ERP) and accounting platform, has revealed that Lark Hotels , a management company specializing in luxury and boutique hotels with 125 keys or less, has implemented its ERP and accounting solution for its portfolio of 50-plus properties.
Webrezpro
NOVEMBER 2, 2023
Swerve off the highway for a stay at Shady Villa Hotel. Located in Salado, Texas, this historic hotel has served guests since before the Civil War (built in 1861, to be precise). Shady Villa Hotel has chosen our cloud-based WebRezPro Property Management System to help run their operations. […] Source
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