In the hospitality industry, where margins are tight and market conditions shift quickly, budgeting isn’t just a back&office task—it’s a strategic advantage. Yet many hotels still rely on spreadsheets or outdated tools that make budgeting time&consuming, error&prone, and disconnected from real&time operations.
Appeared first on: hotelnewsresource.com
Unveiling Hidden Costs: How Distribution and Payment Fees Impact Hotel Profits
Hotels face significant challenges in maintaining profitability due to opaque distribution and payment fees that add hidden costs to their operations. Appeared first on: hotelnewsresource.com … [Read More...]
US Government Shutdown Creates Turbulence in Air Travel and Tourism Industry
The recent failure of US congressional lawmakers to agree on a new fiscal year spending package has resulted in a federal government shutdown, which could significantly disrupt air travel and tourism nationwide. Appeared first on: hotelnewsresource.com … [Read More...]
Hotels Must Rethink Their Marketing Mix: Leading Industry Consultants Interrogate Cendyn Performance Index & By Christina Leme
Operating in a crowded, consent&addled marketplace where AI is starting to bring real value, hotels can no longer ‘set and forget’ their marketing tools if they want a Find, Book and Grow strategy that works. Leading industry consultants from around the world share their perspectives on the Cendyn Hotel Digital Marketing Performance Index 2025. Appeared first on: hotelnewsresource.com … [Read More...]
Fairfield Inn & Suites by Marriott Lubbock Southwest Listed for Sale
The Fairfield Inn & Suites by Marriott Lubbock Southwest is available for acquisition, offering a high&quality, limited&service hotel asset with significant upside potential. Appeared first on: hotelnewsresource.com … [Read More...]
The IRS Issues Its Proposed Regulation on 'No Tax on Tips' & By Brad Steele
In late September, the IRS issued its proposed regulation to help clarify the no tax on tips law. For our industry, the biggest question was how to deal with service charges and automatic gratuities added to a chit. The good news is we got that answer, and the regulation actually helps! Appeared first on: hotelnewsresource.com … [Read More...]