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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Hotel Effectiveness Announces Two-Way Integration With ProfitSword

scheduling

Hotel Effectiveness has announced a two-way integration with hospitality business intelligence leader ProfitSage by ProfitSword. The integration will eliminate manual data entry within both systems and broaden data insights that will help enhance...

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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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6 easy ways to tell if your hotel has a labor problem

Labor Costs

How do you know you need to monitor your hotel labor costs? If one or more of the following apply to you, it's time to consider implementing a (better) labor management system:

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Infographic: 7 Actionable Tips for Avoiding Overtime

Overtime

Overtime can be a costly, unnecessary expense if managed incorrectly. We’ve created the following infographic, “7 Actionable Tips for Avoiding Overtime,” to help give you pointers on effectively managing this labor expense! For more detailed...

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For Hotel Owners Worry About 2010, Not 2009

Uncategorized

The last week has been a lot of dismal news to say the least.  The massive job cuts that were well publicized last week jolted the stock market and the overall economy a lot.  This week more companies are joining the fray including yesterday's...

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The Secret to an Industry's Success

Uncategorized

The hotel industry is incredibly cool!  As you will no doubt find out, I am unabashedly biased about this, but I firmly believe that there is no cooler industry in the world than hotels.

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