If you purchased the hotel budget template from the site, here is an explanation on how to use the file. While the file is very simple to use, for a person making the budget for the first time, it may be confusing to understand the file completely. So in this post, I will breakdown the …
How to use the hotel budget template to easily make your hotel budget. Read More »
The floods in Kerala in August 2018 came as a dampener to the tourism industry. The entire state and Idduki district in particular was gearing up to welcome tourists to the Neelakurunji blooming – a rare occurrence which happens once in 12 years. The event was actively promoted on all sites by the State tourism …
How to recover from a natural disaster? Lessons from Kerala for hoteliers Read More »
If your hotel business needs to grow, it needs to attract new guest. If you get new guests, it is great, however it is very important to improve revenue from existing hotel guest. Every company focus on acquisition but if you concentrate equally on improving revenue from existing guest, you will be able to improve your …
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Labour cost is generally the biggest cost component in your hotel. So how do you manage labour cost in your hotel?It is essential to manage it properly to ensure that this cost is kept under check. In India, due to the variety of reasons, temporary staffing solutions don’t seem to work out in the hotel …
If you have a struggling hotel or restaurant , a good way to analyse your hotel business is by using the age old 3 P framework. In case you are not aware of the frame work, the 3 P are Product, People, Process The Right People following the the streamlined Process, selling the best Product …
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If you want more return on Investment, you need to follow this one simple word. Annual Maintenance Contract ( AKA ) AMC Can I ask you a question? Are all your equipment AMC current of did you save a few Rupees this year by not renewing your equipment AMC? If you are interested in making …
The 1 simple way to stretch your investment returns Read More »