Webinar: How to Build a Hotel Budget Like a Leader
A free webinar offering hoteliers a step-by-step budgeting framework to build, understand, and defend hotel budgets to ownership and corporate stakeholders.
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Balancing Operational Budgets: Strategic Approach for the Hotel Industry
Hotels can balance rising wages and operational costs through predictive analytics, labor management systems, tiered service models, and continuous staff training.
By Anna Ransom, Vice President of Marketing, Unifocus
HSMAI DC Panel Will Examine the Economic and Commercial Forces Shaping Hotel Strategy
HSMAI DC hosts its annual State of the Industry panel on Aug. 19 in Washington, D.C., bringing together experts from Knowland, Amadeus, Kalibri, and Destination DC to guide hoteliers on 2027 budget planning.
Making the STRs Align: How Newport Hospitality Group is Building Smarter Hotel Budgets
Newport Hospitality Group details how it uses STR Custom Forecasts and CoStar analytics to build hotel budgets with segment-level comparisons, mix modeling, and year-over-year commentary in a single platform.
By Tim Hayes, Vice President of Financial Analysis, Newport Hospitality Group
Otelier to Showcase Enhanced TruePlan Budgeting and Forecasting Platform at HITEC 2026
Otelier will demo TruePlan at HITEC 2026 in San Antonio, highlighting new features including Critique, a workflow for contextualizing variances and forecast changes across hotel portfolios.
Balancing Operational Budgets: Strategic Approach for the Hotel Industry
The article outlines strategies for balancing rising labor costs with operational budgets through predictive analytics, technology automation, and tiered service models during staffing shortages.
Stonebridge Chooses Otelier to Centralize Data and Drive Innovation
Stonebridge will deploy Otelier's platform across 160+ hotels to replace spreadsheet-driven processes and legacy systems with centralized data management.
Actabl Launches Integration Connecting ProfitSword Budgets with Hotel Effectiveness to Streamline Hotel Portfolio Labor Planning
The integration connects ProfitSword budgets with Hotel Effectiveness labor plans, eliminating manual reconciliation and creating unified labor expectations across hotel portfolios.
Wharf Hotels improves hotel budgeting with localised Financial Planning & Analysis in FairPlanner by Fairmas
Wharf Hotels replaced Excel-based budgeting with FairPlanner software, reducing manual work and improving forecasting accuracy across 60% of properties in China.
By Kinza Raheel, International Marketing & Communications Manager, Fairmas GmbH