Franco Grasso News Today

Visit Hospitality Net for up-to-the-minute hotel industry news, opinion articles, panel discussions, breaking news, hotel openings, appointments, industry events and conferences and feature stories. Hospitality Net provides trusted world news as well as local and regional perspectives. Also hotelschools and universities, hotel brands, vendors and suppliers as well as indepth coverage of current hotel industry developments.

Taking care of breakfast in various aspects means laying the foundations for significant increases in turnover and profits. Did you know? OTAs show “breakfast included” as a primary search filter for hotel guests. It’s not surprising that guests want to maximize their time and energy by enjoying breakfast within the hotel as it’s one less decision they need to make in their busy schedules. For example, TripAdvisor’s TripIndex Breakfast shared statistics indicating guest habits. One of ...

Visit Hospitality Net for up-to-the-minute hotel industry news, opinion articles, panel discussions, breaking news, hotel openings, appointments, industry events and conferences and feature stories. Hospitality Net provides trusted world news as well as local and regional perspectives. Also hotelschools and universities, hotel brands, vendors and suppliers as well as indepth coverage of current hotel industry developments.

Hoteliers juggle multiple factors in their room rates, including demand, costs, and the hotel’s current online visibility. Revenue management is the science of increasing your profitability every year and requires data from all departments. It’s not just about looking at the numbers: it’s about understanding why those numbers exist in the first place.

Revenue Team by Franco Grasso is worldwide leader in the field of revenue management consulting & outsourcing. In more than 15 years, we have supported more than 2,000 hotels in more than 20 countries on 5 continents. The average growth in revenue per new hotel is 20%.Revenue Team by Franco Grasso consists of more than 40 experienced revenue managers and hoteliers and 9 offices across the globe. Combining the power of technology and AI automation with human expertise and daily consultation, ...

Credit card pre-authorizations are essential to a hotel’s revenue management strategy. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenue projections if you don’t use them or if you leave them in the hands of the OTAs.