labor cost
Rethinking Hospitality’s Approach to the Workforce: Unifocus White Paper Tackles Staffing Shortages and Rising Costs
Unifocus | September 6, 2023
Special report provides practical tips for addressing the industry’s key challenges DALLAS, TX – Sept. 6, 2023 – Unifocus, the leading provider of workforce management systems to the hotel and hospitality industry, published a proprietary study offering insights into the hotel industry’s ongoing labor shortage and how operators can adapt to achieve and maintain efficiency and profitability. “The Hotelier’s Definitive Guide to Success Amid Staffing Shortages” provides new ways to control costs, optimize staffing efficiency, and reduce turnover to create a sustainable, predictable operations ecosystem. The white paper outlin...
Controlling Hotel Labor Costs With New Integrations to Business Intelligence Platforms
Adam and Larry Mogelonsky | August 2, 2023
By Adam and Larry Mogelonsky HITEC in June 2023 came and went with lots of incredible outings from vendors. While AI was perhaps foremost on the mind, what really stood out for us was the ability for integrated platforms to offer actionable insights to guide incremental profitability for hotels. Speaking from experience, the two of us have worked extensively on helping hotels increase their net operating incomes (NOI), which then has positive second-order effects elsewhere, including the flexibility to innovate in other areas or even to seek more favorable terms from the bank. Driving NOI as well as topline revenues is the name of the g...
Helping the Hotel Industry’s Staffing Shortage Problems With Annette, The Virtual Hotel Agent™
Travel Outlook | September 8, 2022
Over the last decade, labor costs have risen sharply. In 2022, labor shortages are plaguing businesses across the world, and the hospitality industry is no exception. Demand for workers has never been higher, yet universal labor shortages persist, causing problems for hotels, despite the sharp rise in travel. Two-plus years removed from the pandemic, and travel has come back in a big way. Hotels everywhere had a record-breaking summer of travel, but they did so with reduced capacity thanks to ongoing labor shortages. With rising wages and the supply of workers still at historically low levels, hotels are struggling to stay afloat during...