How to build and analyze your hotel competitive set
The guide covers KPIs like MPI and RGI for benchmarking, plus strategies for creating seasonal and aspirational competitive sets.
The guide covers KPIs like MPI and RGI for benchmarking, plus strategies for creating seasonal and aspirational competitive sets.
The guide breaks down how to structure enforceable performance clauses in hotel management contracts, covering test thresholds, cure rights, and termination triggers to protect owner investments.
Analysis shows Indianapolis hotels underpricing Final Four rooms at $169 versus $210 for Indy 500, despite comparable demand and STR rates of $585+.
An accountant shares real client examples of hotel accounting disasters, from untrained staff managing books to $42,000 in uncollectable guest receivables needing write-offs.
In hospitality today, costs are climbing faster than revenues. Hoteliers are being asked to protect profitability while keeping the same high standard of service that defines their brand. Rising labor costs, energy expenses, and supply chain volatility are putting intense pressure on margins.
The guide details 11 criteria for selecting 5-10 direct competitors, from location and price to amenities and online presence, with automated tracking solutions.
OneJourney's SwiftPay platform offers hospitality operators 1%+ cashback on supplier payments through bank-integrated payment cards with no setup fees.
TRAVHOTECH research shows luxury hotels miss 45-55% of revenue potential by failing to digitally integrate high-margin spa, dining, and wellness offerings with room bookings.
The agreement provides PATA members with funding intelligence, training opportunities, and partner matchmaking services to enhance tourism sustainability projects.
European hotel transaction activity reached €27 billion across 1,050+ hotels in 2025, marking the strongest investment year since 2019.
The article explains two key financial metrics that help hoteliers understand how revenue changes translate to profitability and cost management effectiveness.
A hotel finance expert with four decades of experience uses AI to transform his writings into podcast discussions aimed at demystifying hotel financial management.
The coalition collected nearly double the required signatures to qualify the measure for the November 2026 ballot, targeting LA's $742 million tax burden on business revenues.
Comprehensive guide covering real-time pricing strategies, algorithms, and best practices for hotels to maximize revenue through market-responsive rate adjustments.
Revenue management expert argues hotels should price based on market willingness to pay rather than internal costs or ego, using probability-weighted demand analysis.
Labour costs are rising 7-10% in 2025 while revenues lag behind, forcing hotels to shift from headcount-based planning to strategic workforce optimization models.
Analysis from MBA CREF conference shows debt markets dominating hospitality finance, with lenders cautious but available for stabilized assets despite higher borrowing costs.
The author argues that revenue managers often delay decisions by requesting excessive data analysis when simple indicators would suffice for effective pricing choices.
Bartnick draws parallels between quantum physics and revenue management, arguing both require comfort with uncertainty and multiple perspectives rather than seeking single truths.
Despite abundant capital availability, hotel deal volume remains low due to compressed cash flows and major capital requirements, though the bid-ask gap has narrowed to 5%.