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IDeaS report reveals investors high on revenue management tech

Hotel Business

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.”

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Improve Hotel Bottom Line with Hotel Profitability Analysis

eZee Absolute

ROI ROI or Return on Investment is used to calculate the profitability of a business on the capital invested. Improve Net Operating Income NOI or net operating income is a crucial indicator that lets investors understand the estimated value of a property. Labor is one such area.

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DiamondRock acquires Chico Hot Springs Resort

Hotel Business

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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