Hotel Business
SEPTEMBER 12, 2023
High investor satisfaction with revenue management software: Hoteliers are largely happy with their revenue management software investments, with 83% of surveyed describing the ROI for revenue management technology as “high” or “very high.”
eZee Absolute
JUNE 5, 2023
By understanding the breakdown of expenses, such as labor, utilities, supplies, and marketing, hotels can implement cost-saving measures and improve their bottom line. ROI ROI or Return on Investment is used to calculate the profitability of a business on the capital invested. Labor is one such area.
Hotel Business
AUGUST 2, 2023
Chico was acquired from an individual owner-operator and is an independent resort, completely unencumbered by brand and management agreements. capitalization rate on 2022 net operating income (NOI). The $27-million purchase price for the 117-room, 153-acre resort represents an 8.1%
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