Effective Revenue Management Techniques for Seasonal Properties
Seasonal properties, whether nestled in the snow-covered peaks of Montana or basking in the sun of Florida’s beaches, face unique challenges in revenue management. The cyclical nature of these properties demands strategies that not only maximize revenue during peak seasons but also mitigate revenue loss during off-peak times. For hotel finance professionals, property managers, and […]
Understanding Flow-Through Analysis in the Hotel Industry
Flow-through analysis is a critical financial metric for hotel professionals, executives, and property owners. It measures how effectively a hotel converts revenue increases into operating profit. This metric is particularly valuable during periods of revenue growth, shedding light on whether additional revenues are being managed effectively to enhance profit margins. Flow-through analysis provides a focused […]