The occupancy metric shows the percentage of occupied rooms during a chosen time. It’s one of the most common KPIs used in hospitality. The formula for it is simple. Hotel…
For businesses processing virtual credit cards, the main pain issue is cash flow. With a virtual credit card from Booking, the hotel won’t see the money until a week or…
The condition of the hospitality industry is clearly improving after the difficult pandemic period. The demand is growing, and we are now in the stage of smooth recovery, so this…