LiveBean Hospitality Management Consultant

How to Deal with Low Hotel Occupancy Rate?

hotel booking

The increased occupancy rate is what every hospitality business looks for. But, not every one of them enjoys the rate they desire. The good thing is there are many proven ways to help a hotel business improve its occupancy rate so that it can enjoy the success it deserves. If you are also in a quest for better occupancy and revenue for your hotel, here are the tips and tricks you…
Read more

How to Increase your Hotel Revenue during off-season?

hotel revenue increase

Regardless of what size of hotel business you own, you are likely to face challenges during off-season months. You would know the issue if you have been in the hospitality business for a long time. And, you would probably have gauged by now about your low and peak seasons, so that you can prepare to deal with them in advance. All it requires is careful marketing and strategic ideas to…
Read more

3 Features of Effective Strategic Planning In a Hotel Business

strategic planning

Today’s market is full of technological, economic and social changes, where to be fit and succeed remains the top concern. Increasing competition and challenges are making the hotel businesses operate in an excessive turbulent environment. But then, this is where ‘strategic planning’ comes into the picture as a rescue for the hospitality industry. This planning is a widely accepted approach to meet the challenges effectively. Strategic planning involves helping a…
Read more

How Hospitality Consultants Can Help Your Hotel Management Audit?

hospitality management audit

Do you own a hotel business? Great! But, that’s not sufficient enough to top the race of hospitality and customer satisfaction. There are many nuances that go into boosting the smooth working of a hotel, which is responsible for its development. Sales and marketing is undoubtedly a crucial aspect of the hospitality business, but it is not all a hotel business needs. Ground-level work is always important for better maintenance…
Read more

Take the best out of your Asset Management Services!

hospitality management services

For an effective asset management, a hotel needs better collaboration rather than confrontation. In pretty much every hospitality business, there are always opportunities to accelerate the revenue performance and reduce the overall costs; and that too, without affecting the guest experience. The trick lies in the capability to encourage and support the management with effective hospitality management services and a few strategies that have been proven to bring the desired…
Read more

Know why Hospitality Advisory Service is Recommended for a Hotel Business

Hospitality advisory service

When you are in hotel business, you know how critical compliance and profitability are. Hoteliers work hard to keep their guests satisfied, and work harder to boost their business growth. With all of this, what also essential is the peace of mind that comes with an expert consultation and strategic advice. To make the way towards success easier, hotel businesses are actively getting enrolled with hospitality advisory services. There are…
Read more

Hotel Revenue Management Strategies to follow in 2019

Hotel Revenue Management

Every year, hotel businesses have to plan something to build better and effective revenue management strategies. As one of them, you might also be putting your shoulder to the wheel, so that you attract more bookings, increase revenue, cut your cost, etc. But, not always do these strategies perform up to scratch. Why? Regardless of the fact that you offer great services and amenities, you may miss out on certain…
Read more

Why hotels must opt for Hospitality Consulting Services?

hospitality consulting services

Whether you are planning to start your new hotel business or looking for ways to expand your existing one, hospitality consulting services can benefit you to a great extent. Hotel advisory firms can offer you the best possible solutions that help in running a business smoothly and effectively. If you are still wondering how a hospitality consultant can help you with your business growth plans, then read on. Professionalism The…
Read more

Why Hospitality Sector Needs Sales And Marketing Support?

sales and marketing support

No matter what type of business you own, to make it successful, you require an effective marketing strategy. Because, in this highly competitive market, getting fit is not enough. You have to stand out! Same goes with the hospitality industry too. It is needless to mention that the market is full of competitors, providing hospitality services. Hence, it becomes vital to build up your brand, attract new customers, and maintain…
Read more

Six tips to make your strategic planning a big winner!

Strategic-Business-Plan

1. Characterize your organization vision You ought to have the capacity to characterize your organization vision in 100 words. Build up this announcement and make it publically accessible to the two most important representatives and clients. This announcement should answer the key inquiries that drive your business: A good hospitality business plan covers – Where is your organization headed? What do you need your organization to be? In the event that…
Read more