Hotel Effectiveness Blog

Improve Profitability: Labor as an Investment, Not an Expense

reducing expenses

For Hotels, Labor as an Investment Rather than an Expense Can Improve Profitability

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The Hidden Drivers of Hotel Labor Costs

scheduling

Hotel wage rates are rising at an alarming pace. Huge spikes in hourly wages are common in major cities, and across North America, wages are growing much more than revenues.  Low unemployment and a shrinking immigrant workforce combined with the...

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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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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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