There’s an open secret amongst hoteliers: They love the ‘B’ in F&B. The ‘F’? Well, there’s another word that starts with an F they often used to describe it.
Breakfast can be a profit center from brand recognition, search engine visibility, and increased turnover and profitability.
After falling to roughly US$20.00 in January, gross operating profit for U.S. hotels reached highest level in the metric since October 2021.
Broadvine, a leader in financial performance management software, announced today that it is implementing its cloud-based application to optimize hotel profitability for HP Hotels, a third-party hotel management company with a portfolio of nearly 40 hotels in 17 states.
Business is built on trust inculcated in the customer for the products the businesses sell. The success factor of any business depends on the brand value that the business promises to deliver to the guest. This value is always defined from the perspective of the guest.