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Make the best use of COVID-19 Crisis for your hotel optmization tasks. Now it’s the best time to do your renovations or maintenance supplies inventory, check laundry room systems, balcony, railings, elevators, pool systems,life safety checks, and ensure all lights are switched off if not in use, etc
COVID-19 has became a buzz word all over the world, which has made a huge effect on the world’s economy and bought unemployment in all industries. Anyhow travel industry got affected due to shutdown in many countries. Hospitality industry has faced other crisis earlier. Anyhow unconditional situationns doesn’t last long it will pass away.
Every business need Accounting, for hotels it should be considered as responsibility. Hotel industry is successful in business expansion even when other industries are retarding. There should be harmony between handling all financial activity and daily operations for providing the better guest satisfaction.
According to U.S Centres for disease control and prevention few people are at risk by getting attacked to COVID-19. According to the study more than 80 percent of the deaths happening are of people of age limit 65 and greater.
COVID-19, the daily flash news of the world. It is going on spreading with high-speed across the world. Many of the countries are initiating shut down thereby economy is getting paralyzed. Most affected is Travel industry and hospitality industry which inturn affects the hotel occupancy rate.
COVID-19 is spreading on a high speed in all countries. WHO has provided guidelines to avoid CORONA from attacking, the principle we need to do follow is 'prevention is better than cure'. Always keep yourself and your surroundings clean.
Business intelligence helps in consolidating the information from different sources and make our task easy to do the analysis. Generally BI refers to the practices used for the data collections, analysis of business.
Running a hotel comes across different kinds of businesses and end of the day it becomes difficult in managing vendors with a huge volume. Manual entry is time complex and also keeping track of it is challenged task. Its better to move to an automated solution which can manage all your vendor bills.
Guest satisfaction plays an important role in any kind of business. Guest Satisfaction helps to identify the unsatisfied customers and also helps to attract new customers. Guest satisfaction survey will let us know which department good and which is not so that we can focus more on weaker department and improve those departments.
Each and every hotelier need to have good grip on financial management. Hotelier should maintain efficiency in collecting any data. Better financial management will give an particular idea of cash flow. Primary thing in forecast comes sales forecast which should be sensible.
In order to provide a clear, differentiative view of your hotel business nimble property has designed a new dashboard to have detailed view of each module. Now you can flawlessly navigate to your business wings.
Accounting software include greater precision by reducing or eliminating human error in calculation. Along with the growing technology some of the latest complex accounting tasks need to be done, like advanced tax preparation & advanced report preparations.With the help of this you can view all your group of companies financial data at one place.
We are happy to help you at any time in this pandemic situations. We assure that all our accounting and operational function will go on as usually. All our team are working remotely and they are giving their best and they will continue the same in future. Our only need is our customer satisfaction. Nimble Property will be available all the time to the serve customers
In hotels Budget & Forecast is one of key point in making the revenue or breakin the revenue. You should not overestimate the sales which inturn effect the revenue. Compare your previous historical data and analyze accordingly.
Many hotels face challenges in terms of accounting tasks. Hoteliers has felt that accounting issues have been a bottle necks in their business. We have few solutions for your to overcome those challenges.
Now you can raise your revenue periodically by having focusing on GSS, Operational cost and invest on automated software that reduces your manpower.
Measure your hotel room revenue for a certain period. It is also a key metric used to measure your hotel performance.