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Getting the Highest ROI of Your Business Management Software

6 Features to Maximize Return on Investment of Your Business and Accounting Software There comes a point in the growth of your hotel business when manual entry, separate databases and inadequate reports and data from your legacy back-of-house technology is costing you more time and resources. You know you want one integrated software system that is easy…

You’ve Renovated Your Hotels, Done PIPs; Now, Is It Time to Upgrade Your Hotel Accounting Software?

Every hotelier understands the cost of doing nothing when it comes to maintaining hotel condition and brand standards.  If you don’t reinvest, do the PIP, etc., your hotels will, over time, lose market share to competitors who are reinvesting in modern designs and technology.  Hoteliers need to apply the same focus on their back-of-house business…

10 Tips When Buying a Hotel

Nationally, hotel performance is growing and the hotel transactions market is strong. Many analysts think there is still time in this extended market cycle before the next down turn. According to Hotel Management, “The hotel industry is predicted to grow comfortably through 2018 and for the next two years. According to STR, high occupancy levels should…

How to Know When It’s Time to Sell

6 Factors to Consider When Timing Your Exit MBA Hotel Brokers has been selling hotels for 20+ years. We have been through multiple industry cycles, local market boom and busts, and we have sold hotels in every ownership status and resolved countless situations which at first seemed like ‘deal breakers’. We have seen it all….

3 Questions to Ask Yourself When Considering a Hotel Refinance

And a Free Online Calculator to Check Current Rates and Compare Savings.  The hotel financing market is changing. The Federal Reserve has increased prime interest rates twice so far in 2018 and has proposed two possible hikes later this year. Here are a few questions to see if refinancing is a good option for your…