Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now

Effective financial management is paramount for the success of a hotel business. One of the critical aspects of financial management is budgeting, a process that traditionally involves significant time, effort, and coordination among various departm...

Jason Q. Freed

Hospitality Data Evangelist

Otelier (formerly myDigitalOffice)

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Property Technology

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Management Companies

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Finance & Accounting

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Asset Management

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Opinion

Wellness, Sustainability, Diversity: How Procure-to-Pay (P2P) Can Help Hotels Meet Evolving Guest Demands

More consumers are prioritising social values, the environment, and health and wellness in their purchasing decisions than ever before—and travellers are no exception. To stay competitive, hotels not only need to make these values a priority but als...

Johannes Vocke

Chief Financial Officer

FutureLog AG

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Information Technology

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Consumer Trends

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Asset Management

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Opinion

5 Reasons to Celebrate Your Night Auditor on May 18

On May 18, Otelier is once again asking hotel leaders to come together to shine a spotlight on the dedicated overnight crews that keep our establishments running seamlessly through the night. We have several ways you can recognize their hard work th...

Jason Q. Freed

Hospitality Data Evangelist

Otelier (formerly myDigitalOffice)

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Property Technology

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Management Companies

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Finance & Accounting

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Asset Management

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Opinion

The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization

In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenu...

Timothy R. Wiersma

Principal | Revenue Generation, LLC.

Revenue Generation LLC

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Revenue Management

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Asset Management

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Opinion

Luxury is growing, and so are we

Luxury hospitality epitomizes excellence in every facet of its operation, striving for unparalleled superiority in design aesthetics, offering incomparably attentive service, presenting the most exquisite culinary delights, and providing an exceptio...

Alex Sogno

CEO, Global Asset Solutions

Global Asset Solutions

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Asset Management

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Luxury Travel

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Opinion

Bringing Strength to Soft Brands

‘Another day, another brand’ could well be the catchphrase of our sector, but as with everything in this industry we call home-from-home, it’s never as simple as that. The past couple of decades have seen a rapid evolution away from the owner/operat...

Alex Sogno

CEO, Global Asset Solutions

Global Asset Solutions

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Finance

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Franchise

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Asset Management

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Opinion

When Faced with Complexity, Try Creativity

Switzerland is justly famous for many things; from stunning natural beauty to watches and diplomacy but perhaps most notably are their banks. Inscrutable, discrete and going about their business for centuries with a watchful eye over both profit and...

Robert Walters

Chief Investment Officer (CIO) at Global Asset Solutions

Global Asset Solutions

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Finance

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Asset Management

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Opinion

Turning the Queen Mary: Enhancing collaboration and communication across all departments to reposition your hotel asset.

Ever wonder where the expression “that is like trying to turn the Queen Mary” comes from? It is actually a UK-based metaphor and comes from the fact that large ocean liner vessels, like the Queen Mary, can take up to 10 nautical miles to slow down e...

Timothy R. Wiersma

Principal | Revenue Generation, LLC.

Revenue Generation LLC

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Revenue Management

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Asset Management

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Opinion

The Need for Capex and Creating Returns

As an asset manager, it’s my job to create and manage the relationship between owner and brand, to ensure that all parties are working together towards one goal: a profitable property.

Alex Sogno

CEO, Global Asset Solutions

Global Asset Solutions

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Finance

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Asset Management

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Opinion

How Technology is Making De-Flagging Easier and Levels the Playing Field for Going Independent

For many of us, entrepreneurship is a terrifying pursuit. Breaking away from the traditional mold to create something new or different is, admittedly, the path of more resistance. It takes courage, innovative thinking and creativity, agility, relent...

Aaron Shepherd

CEO and Co-Founder of APS (Above Property Services)

Above Property Services (APS)

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Information Technology

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Lodging Industry

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Innovation

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Asset Management

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