IT Resources:

9 ways to pull more revenue through your bottom line

Trevor Stuart-hill suggests 9 ways for the hotel industry to face the challenges of rising costs

Infor HMS
Date: September 5, 2019
Industry: Financials, Hospitality
Product: Infor HMS, SunSystems
Asset Type: Whitepaper
File Type: .pdf

9 ways to pull more revenue through your bottom line

Since the beginning of time, demand fundamentals in the hospitality industry have been cyclical. World or regional headlines can have a negative impact on demand for hotel rooms while periods of economic expansion have the opposite effect. Of course, supply growth directly impacts how efficiently demand levels are absorbed at any given point in time. Today, the hospitality industry is at a very unique juncture. According to data from STR, The U.S lodging industry has posted RevPAR growth in thirteen consecutive quarters and 2013’s second quarter occupancy is the highest second quarter absolute occupancy since 2007. On top of this, the construction pipeline is still quite modest for most segments. So with this “perfect storm” why aren’t we seeing significant gains in gross operating profit or net operating income? The answer it seems is that hotel managers are facing a real challenge as it relates to rising costs.

Please complete the form to download the file straight from your inbox.


You might also like to download:

Video
Infor Dynamic Enterprise Performance Management solutions
Infor d/EPM Video

Measure past performance and forecast activities with modern dynamic EPM software

October 5, 2019
Whitepaper
Infor CloudSuite, Infor LN
Buyer’s Guide to the Market-leading ERP Software

Get help to decide which ERP solution is best for your company

May 12, 2019
Whitepaper
whitepaper for Business Intelligence
What Business Intelligence means today

Going from reactive to proactive – Business Intelligence

August 15, 2019
Whitepaper
Point on sale solution
The future of POS

Point of Sale Evolution and Its Impacts

August 16, 2019

Not sure which services suit your need?

We're ready to help, just drop us a message and we’ll come running!