Study shows properties that closed briefly at the beginning of the pandemic – or that remained open – are in a strong position if they have maintained online visibility and many practiced revenue management to control cash flow.
The tale of two hotels in COVID times
Yes, times are tough, and cash flow is a problem at many properties, but success requires a balance of short and long term priorities.
How revenue management can support your hotel’s cash flow
Everyone knows “cash is king” when it comes to operating a business, but in a disrupted market, this statement has taken on extra significance.
