8 Guaranteed Ways to Reduce Your Hotel's Largest Operating Costs

Start saving at your hotel in no time.

Rising labor costs, utilities, and maintenance expenses are a few of the largest operating costs in a hotel that greatly impact your bottom line. If you’re not taking a proactive approach to controlling these expenses, your hotel will not generate the amount of profit that it should.

Our free guide will show you 8 guaranteed ways you can reduce your hotel’s largest operating costs and increase your profitability.

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About the Author

Mike Martin

With over 16 years of experience working in the hotel industry, Mike is a seasoned executive with a talent for identifying opportunities and delivering solutions. He spent many years at InterContinental Hotels Group (IHG) in a variety of senior executive leadership roles including operations, marketing, and technology.

As Senior Vice President of Reservations & Guest Relations, he was recognized by the IAHI (IHG Owner Association) with its Distinguished Service Award for his service to the IHG franchise community.

At Hotel Effectiveness, he focuses on working with new and existing clients.

About Hotel Effectiveness

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Reduce your labor costs by 3-5% with Hotel Effectiveness

 

Hotel Effectiveness is the only complete labor management system designed exclusively for hotels. All of the tools you need to manage labor costs are packaged in an easy-to-use, cloud-based system. A few key features include:

Training: Trains your managers on the principles of hotel labor management and ongoing best practices at the property level.

Labor Standards: Translates your budgets into labor standards that flex up and down with occupancy.

Software: Real-time labor monitoring and precision guided scheduling keeps every hotel in line with standards.

Accountability: Drives accountability throughout the company with actionable alerts and deep dive analysis to senior management.

Benchmarking: Identifies best practices across your portfolio and benchmarks your hotel against other hotels.

Time Clocks (optional): Multiple time clock options available to suit the varying needs of individual hotels.

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Here's What Our Customers Say

Standardized our Labor Management

"Hotel Effectiveness has standardized our labor management, providing a blueprint for how to properly staff our hotels. Additionally, their robust catalog of alerts have provided insight as to how resources are being used at our properties, enabling us to make better staffing decisions."

Jansen Medeiros, Managing Director, Hawaiian Hotels and Resorts

A No-Brainer For Overworked Managers

"We needed a system that was a no-brainer for overworked hotel managers. Hotel Effectiveness is really easy for our managers to use and ensures that they pay appropriate attention to watching their payroll."
Steve Shealy, VP of Operations, Image Hotels

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