What is Yield Management? Complete Guide for Beginners
06 Nov 2020
What is Yield Management? Complete Guide for Beginners

The hotel industry is one of the business organizations that deal with fixed time-limited resources. Many have tried maximizing their yield through fixed resources like hotel rooms but didn’t work out in any way, and there must be a reason for the gross failure. <

The Art of Self Storage Management
04 Nov 2020
The Art of Self Storage Management

Self-storage offers secure, flexible solutions for personal and business items. Options like climate-controlled units and portable containers ensure protection and convenience, making it ideal for safe storage, decluttering, and temporary moves

Hotel Data Management: Best Solutions and Practices to Increase Revenue
02 Nov 2020
Hotel Data Management: Best Solutions and Practices to Increase Revenue

Data can be both incredibly helpful and overwhelming for those in the hotel industry. On one hand, property managers can use data management software to help organize everything, but what do you do once you have the data? What are all of the different kinds of data that you can collect? Most importantly, how can you use this data to make more profit?<

4 Best Technologies for Self-Storage
30 Oct 2020
4 Best Technologies for Self-Storage

Before now, warehousing and self-storage have been seen as an establishment that doesn’t require more than storage spaces, locks, and electricity due to technological innovations. With the everyday evolution of technology, a good number of facility owners and managers have completely different mindsets now.<

5 Critical Licenses And Permits Needed To Start A Restaurant
28 Oct 2020
What is Hospitality
26 Oct 2020
What is Hospitality

When you think of hospitality, what comes to mind? For some people, it could be the act of inviting someone into their home or offering a place to stay. For others, it may be creating a meal and sharing it with friends and family. Generally speaking, most hosts want to offer the best “hospitality,” meaning that they want their guests to enjoy their time and experience there.<

Revenue Management
23 Oct 2020
Revenue Management

Revenue Management is one important sector that is involved with hospitality. It is used by many hotel owners who seek to optimize their best possible financial results. It is used to anticipate various hotel demands and help with the pricing. Revenue Management is something that is not new in the hospitality world we have today. It has been known to make hotel owners make a more precise decision, work on the pricing, and provide better ways to make more profit. <

The Latest Trends in Hospitality industry
21 Oct 2020
The Latest Trends in Hospitality industry

The hospitality industry has been one of the challenging establishments for most owners. It is even more difficult to manage if you cannot keep up with the latest hospitality trends; this ultimately leaves you miles behind your competitors. <

Difference Between PMS and POS
21 Sep 2020
Difference Between PMS and POS

Whether you’re a brand new property manager, or you’re new to the technological advances in the hospitality industry, we’re here to help you become better acquainted with terms and technology you’ll need to know. In this article, we’ll explain the importance of PMS and POS to the property business as well as the inner workings of it.<

How to Be a Successful and Profitable Remote Landlord
17 Sep 2020
How to Be a Successful and Profitable Remote Landlord

During the pandemic, landlords across the world are struggling to profit due to reforms such as moratoriums or rent caps that aim to protect renters. In addition, checking up on properties and attracting new clients is even more difficult than usual due to social distancing measures and hygienic concerns. Whether you're new to becoming a landlord or already have several properties under your belt, many things have changed.<

Data Security in a Global Pandemic Creates New Challenges
15 Sep 2020
Data Security in a Global Pandemic Creates New Challenges

The COVID-19 global pandemic has created new attack opportunities and data breach risks that hospitality businesses must now adapt to. With most businesses veering toward safer forms of payment like credit cards and mobile apps, data is flying around faster than ever. This is happening simultaneously with a huge rise in fear from society in general.<

Short Term Rental Management
07 Sep 2020
Short Term Rental Management

A short-term rental is a residential property offered for rent to interested guests for a brief period, usually less than 30 consecutive days. The concept of a short-term rental is quite similar to home-sharing except that accommodation is granted only to the guests without the presence of the resident or homeowner on-site. Therefore, guests are allowed extensive use of facilities in the property. Short-term rentals have been existing for quite a long time but it's popular in coastal and vacation communities such as Big Bear, Palm Springs, and so on. <

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