Having a clear understanding of your property’s financial performance is crucial for any CEO, accounting professional or hotel owner. This information can help lay the foundation for you to make important decisions, such as where and how to allocate resources, and help you build your business

The UK’s economy is a huge focus at the moment, having been thrown into uncertainty in recent weeks following the Government’s new ‘mini-budget‘ and appointment of Rishi Sunak as prime minister, after Liz Truss’ resignation.  It’s believed that the economic situation is the worst

Among all operational real estate, hotels are one of the biggest consumers of energy in the hospitality industry. According to UNWTO, hotel facilities rank among the top five in terms of energy consumption in the tertiary building sector (minor only to food services and sales, health care and

Are you looking for ways to better your hotel? Are you feeling stuck in the current situation of your hotel and wondering how to break through? Well, we get it. As much as hotels are an exciting industry with endless possibilities, they can also be challenging at the same time. Keeping up with

Like any industry, hospitality has its own jargon that is widely used and very important in day-to-day operations. Here, we have compiled an A-Z list of the most frequently-used terms, phrases and acronyms in the industry to help you get up to speed and get in the know. 

Today, travellers are more informed and discerning than ever before. They research destinations, hotels, and travel experiences thoroughly before booking a trip to ensure they get the most value for their money. As a result, hotels must develop effective revenue management strategies to ensure

The field of hotel technology is constantly evolving. New innovations are being introduced all the time, and existing technologies are being adapted to make hotel stays better for guests. We are seeing more hotels that make use of technology in creative ways to improve the overall experience for

Objectives and Key Results, or OKRs, are an excellent tool for helping you achieve your goals in the hospitality industry, but not every hotel owner or operator uses them. In this article, we’ll explain exactly what OKRs are and why you should consider using them to manage your business

If you’re looking to start a career in the hospitality industry, or if you want to find out more about what goes on behind the scenes in hotel management, this is the guide for you. Learn everything you need to know about how hotels work and how to be successful within them! Discover how hotels are

Inflation, Interest Rates, Recession: ‘So?’   Let’s start with some good news : Occupancy and Revenue are record level high in 2022 and forecasted to surpass 2019 pre-pandemic. The outlook looks fairly positive. Despite some positivity on the horizon, hoteliers still face various challenges