Do you feel that your hotel could be more productive, but you don't know exactly where is the problem? In this sense it is more common than it would seem. Many of the hotels in the independent, end up leaving a substantial opportunities to profit, go unnoticed, because of the challenges of day-to-day end up hiding the real causes.
Recognizing these signs is the first step, turn on the game and make their business grow in the truth.
1. Rates are below the potential of the market
If you realize that you have all the fare to your hotel is always below that of the competition, or you will need to do discounts are constants, in order to attract clients, you may be missing out on revenue. A pricing strategy is well calibrated is critical to ensure a profit without losing any of that demand.
2. The occupancy rate high, but the profit of the low -
Get all the rooms are occupied, it does not necessarily mean that the hotel is making. The operating cost, poorly controlled, waste and inefficient processes can undermine profitability, even with good jobs.
3. Over-dependence of channel reservation with the high commissions
If your hotel, depend almost exclusively on the major online platforms, and the cost of the commissions that you may be consuming a significant portion of their revenue. This may indicate a need to diversify the channels, or consolidate your direct sales.
4. Very little integration between the sectors
When the sales, operations, finance, and marketing, to working in isolation, and the hotel also loses the efficiency, and new opportunities. The lack of communication, it generates re-work and errors, and makes decisions based on complete data.
5. Use data to make decisions
You decide, based on the achismos, or the “way” in the day-to-day it may cost you dearly. Businesses that use real data to adjust prices, campaigns, operation and can take better advantage of the opportunities and stay ahead of the challenges.
Why do you act fast, it makes all the difference
To stop these problems, if you drive you can make your own hotel and miss the market, and to face the difficulties that can be avoided. Strategic management brings clarity, helps you to identify areas of improvement and implementing changes that really make an impact on the outcome.
If you feel that your hotel, you can be stuck at any of these signs, don't wait any longer to take action. With the right support, it is possible to turn these challenges in to opportunities.
Frequently asked questions about opportunities to profit on individual hotels
1. How to identify it, where my hotel is losing money?
A comprehensive assessment of the operation, a cost analysis, and a review of the management of the recipes are essential in order to detect the points, which have an impact on your bottom line.
2. How to increase your revenue without adding to the price of the room?
Invest in cross-selling of services, and improve the customer experience, and optimize the management of your sales channels are the avenues for growth, but not necessarily rising rates.
3. What are the operating costs tend to be hidden?
A waste of resources, overtime, well managed, repeatable processes, and a lack of control in the shop, are typical examples of which have an impact on the final result.
4. How to improve the communication among the different sectors of the city.
Implementation of systems to be integrated, creating routines, meetings, and set up clear processes is an important step to ensure that all of the areas of work lined up.
5. Do I need to hire a consulting firm to improve the management of my city.
Not in all cases. However, the presence of a network that provides support to the strategic management can be an addition to speeding up your results and avoid common mistakes.
How to Samba in Hotels Group, you can help your hotel to take advantage of the opportunities
To Samba Hotels Group it is a network that connects the hotel independent of the management strategy is complete, it goes far beyond the operation of day-to-day. With expertise in governance, business intelligence, marketing, and technology, Samba to the aid of his hotel, to identify and fix these warning signs before they impact your bottom line.
When you integrate your hotel, to the Samba, you will have access to the structure with respect to the identity of the site, but it improves the results by means of the processes are efficient and data-driven decisions.You want to find out how your hotel, you can turn these challenges into growth? Find out more about the model, Samba, investors, and partners to: sambahoteis.com/investidores