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Effective Hotel Budgeting: How to Make a Hotel Budget Plan That Works

Research different options and book during off-peak seasons for lower rates. Hoteliers can easily track revenue results by using hotel tech tools such as Siteminder, Profitsword, Duetto, and HotelIQ. Working with a hotel financial coach can offer insights into expenditures and help maintain financial health in the hotel business. As a hotel industry professional, you […]

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The Hotel Budget Guide for 2023 Everything You Need to Know By Josiah Mackenzie :: Hospitality Trends

An industry colleague I respect highly called me last week, asking if I knew of any online tool which helps hoteliers develop a professional plan of approach. Not just a standard one, like most hotels, punch out, listing a few trade fairs and showing a % increase per segment. No, he was looking for a

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