What is shrinkage when it comes to your hotel? According to Investopedia, shrinkage is the loss of inventory. In the case of your lodging property, this deals with your room inventory. In this article, we look at how shrinkage can destroy your profits and how to recoup. But, first, let’s really define what it is […]
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Wondering about different pricing strategies for your lodging property? Here’s how dynamic pricing is impacting your booking rate.
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Are you losing out on reservations? Is your lodging property experiencing lodging problems? We’ve put together some tips on why this could be your problem.
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Every industry has its issues, and we can learn from one another. Here are the top management issues for the B&B industry.
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For hotels to grow, it’s helpful to know about common challenges. In this article, we look at the biggest issues hotel owners faced in 2019.
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How you can leverage the power of online direct bookings? With digital. Let’s look at how online marketing campaigns attract direct bookings.
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People are fickle. What you think works today may not work tomorrow. Here’s how to deal with spontaneous change of guest expectations.
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It’s an important marketing strategy to make friends and establish partnerships. Here’s how to build strategic alliances for your bed and breakfast.
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In our digital age, it’s so easy to see what other guests thought of their stay at your property, and hopefully your Google and Facebook reviews are top notch. You’ll find that the overall guest experience is vital to your success in the hospitality arena. It’s up to you and your staff to make your […]
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A guest house is different from a hotel. It’s most often a separate, free-standing structure that you rent to a person. They are on their own when it comes to meal preparation, and the house feels more like a home. So, if you’re thinking about owning and operating a guest house, what can you do […]
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