Optii, Chesapeake Hospitality and Thayer Ventures joined to discuss the risks and rewards hotels have been facing while optimizing their operational profitability.
The panel discussion covers:
How P&L models have changed and what you should be focusing on to improve your bottom line
How to optimize staff and operational profitability
Ways to drive occupancy
Expected risks and rewards in the operations department in 2021
Cost in terms of capital and time in order to realize COVID-19 related changes
Tactics hotels should be employing in the booking process to increase revenue per guests and RevPar
Balancing guest experience with profitability
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