Hotel Effectiveness Blog

The Hidden Drivers of Hotel Labor Costs

scheduling

 

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GOP and NOI are at risk - what is your plan?

wage rates

Last week, HotStats released its hotel profitability snapshot for the USA for January.  The story is grim.  RevPAR is growing more slowly (up 0.8% year-over-year) but Labor expenses are up by more than 4X that amount (up 3.4% vs January 2018). ...

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The Three Keys to Lower Labor Costs

wage rates

Hotel labor costs are rising quickly.  In the USA, a shrinking, competitive labor pool is driving wage rates, overtime and contractor usage to unprecedented heights, and the increases are projected to continue for the next 2-3 years. ...

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8 guaranteed ways to reduce your hotel's largest operating costs

scheduling

Rising labor costs, utilities, and maintenance expenses are a few of the largest operating costs in a hotel that greatly impact your bottom line. If you’re not taking a proactive approach to controlling these expenses, your hotel will not generate...

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