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You are here: Home  June 2008  Financial News
Financial News
 
   

Good housekeeping pays off

If there’s one thing that pays back in the hotel sector, it’s cleanliness. But don’t forget being green and looking after housekeeping staff.

 
 
   

Keys to an efficient housekeeping operation

Common sense measures like consolidating your suppliers and purchases, and properly checking the price per gallon of chemicals purchased, can make a huge difference in the efficiency of your housekeeping operations.

 
 
   

Canada’s global market position slides

According to the United Nations World Tourism Organization (UNWTO) international tourism arrivals to Canada declined from 18.6 million (2005) to 18.2 million in 2007. The decline in arrivals to Canada comes as no surprise as Canada’s international market share continues to erode.

 
 
   

FINANCIAL NEWS

A look at select Canadian markets for March 2008 and select U.S. markets for April 2008.

 
 
   

How to manage your property taxes

After labour costs, property taxes are the most significant operating expense impacting hotel profitability and value.  Effective management of assessment/property tax issues should be part of every owner’s business plan.

 
 
 
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