A Six-Step Strategy for Increasing Hotel Profitability

TR Number
Date
2018-11-19
Journal Title
Journal ISSN
Volume Title
Publisher
Lodging Magazine
Abstract

While the rate of revenue growth has slowed nationwide, the U.S. hotel industry has seen increasing profits for eight consecutive years. Hoteliers can narrow the disparity between lagging revenue and increasing profitability by taking proactive measures in management and operations. Here is a six-point strategy that can be used to increase profitability.

Description
Keywords
profitability, revenue, hoteliers
Citation