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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Five Reasons Why Your Employee Schedule Is Losing Your Hotel Money

scheduling

Ever wonder why your hotel is consistently over budget for payroll? While there are a few factors that can contribute to this profit loss, the main culprit is oftentimes your employee schedule.

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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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Here's How Hotels Should Prepare For The New Overtime Rules

Overtime

If you've read our previous blog, you're aware that the final ruling on the new overtime regulations has been set. Though the new regulations don't go into effect until December 1st, there are a two important steps hotels need to take now to...

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5 Fast Facts Hoteliers Need To Know About The New Overtime Rule

Overtime

For nearly a year, there has been quite a bit of buzz around new overtime regulations that the U.S. Department of Labor’s Wage & Hours Division proposed. They had planned to increase the minimum salary level required for employees to be considered...

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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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