Download: Ultimate Guide to Increasing Revenues by Decreasing Costs
You’re not alone
Every property, whether big or small, has opportunities to reduce costs and increase their revenues
When you look at your balance sheet at the end of the month, do you find yourself looking at your costs and saying “Well, that’s just the cost of doing business these days?”
Do you sometimes wonder whether other hotels are paying the same as you for services like software, payroll, and HR?
When you look at your revenues, do you ever think about how many ways there must be to squeeze out another 2-3% growth, and wish you just knew how?
If you answered “yes” to any of the above questions, you’re not alone.
We know how challenging running a hotel efficiently can be because we’ve managed hotels before. Not only that, at RPM Hotel we spend every minute thinking about how to help hotels increase revenues.
We also know that one of the quickest wins to increase revenue is by reducing costs, so we compiled an ultimate guide to the best, most unique ways to reduce costs in your property.
Forget the “hacks” and “simple tricks”
Our guide to reducing hotel expenses goes far beyond simple tips and tricks
Everywhere you look there’s some company offering you quick tips and “127 hacks to make your hotel the best in the world” type articles.
We believe simple hacks just don’t hack it.
That’s why we’ve compiled a list of real, actionable areas of your hospitality business that you can take action on today
In this guide you’ll learn
The biggest expense that all hotels have and how to improve it
A tax credit you might not even know you qualify for and how to get it
A hidden danger that could cost you 50% of a manager’s yearly salary
One practice that can mean up to 26% more revenue per employee
How to eliminate one expense that is the equivalent of giving away 18 – 120 rooms every year
A hidden risk that could cost you $182 for every person who has ever stayed at your property
Download the Ultimate Guide to Increasing Revenues and start reducing costs at your hotel today