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Whether you’re working for a hotel, thinking about buying your own Bed and Breakfast, or you just started renting out a property on AirB&B, one of the most important aspects of your business is keeping guests happy. Unfortunately, one of the worst things about operating a hotel or other type of guest lodging is dealing …

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When you are going away or traveling with a hotel stay, it’s normal to get excited about so many different things. You want to see this, go there, spend time with this person. For many people, including myself, getting excited about a good hotel stay is sometimes half the fun. That is because today’s hotels, …

Read More about 8 Different Types of Hotel Amenities and Facilities

So right away, let me start by saying the average gross operating profit margin for hotels in the US is 11.6 percent as of 2020. That means you are making 11.6 percent off of every hotel stay based on expenditures, on average and across a month. This is based on an occupancy rate of 39.8 …

Read More about What’s the Profit Margin on a Budget Hotel Room Per Night?

In the luxury hotel business, there is no room for error. That’s why with a 30 percent gross operating profit (GOP), which is slightly higher than the typical profit margin, you stand a lot to gain–and to lose. I’ve been working in the luxury hotel industry for more than 20 years. Let me share with …

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Hotels are a peculiar place that can feel both familiar and alien at the same time. It’s hard to put a finger on all the differences, but one of the most prominent changes is the lack of ceiling light fixtures in most hotel rooms. Profit is the primary motivator behind a lack of ceiling lights. …

Read More about Why Do Hotels Only Have Lamps (No Ceiling Lights)?

Hotels offer free breakfasts to attract customers and maintain their loyalty to the chain. Free Breakfast for Hospitality For many travelers, it offers a convenient way to fuel up in the morning. When you’re on the road or in a different place, it’s often not realistic to carry food around with you everywhere you go. …

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