In the hotel industry, keeping an eye on a few key numbers is like keeping an eye on your wallet. The two most commonly mentioned numbers are ADR and RevPAR. Simply put, ADR is the average selling price of a room, and RevPAR is how much money you earn for

Hotel deposits. For property owners and managers, they’re a necessary shield against unexpected costs and damages. For guests, they can sometimes feel like a hurdle or a source of anxiety about their funds. Getting this balance right – protecting your property while ensuring a smooth, welcoming guest experience – is crucial.

Running a successful Airbnb listing is rewarding, but understanding the costs involved is crucial. At the heart of this are Airbnb fees. Knowing exactly what you're paying, why, and how it impacts your bottom line empowers you to price competitively and maximize your earnings. Let's break

Even if you have no prior property management experience, launching your own Airbnb business is entirely feasible. With the right strategy, you can transform your home into a sought-after short-term rental that attracts travelers worldwide. This guide will walk you through every step of building your Airbnb journey from the

Introduction In the hospitality industry, whether it is a hotel, B&B or vacation rental company, no matter the size, there is a common goal: to increase occupancy and increase profits. The core of this goal lies in whether a reasonable price plan can be formulated. It can not

Setting the perfect rack rate is all about finding the sweet spot for your hotel’s success. It’s not just about slapping a price on the room, it's the foundation of your revenue strategy and the first impression guests get of your value. Get it wrong, and