Even if you haven’t heard the term ‘transient workforce’, chances are you’ve seen it in action. A transient worker – sometimes described as a contingent worker – is typically defined as an individual who works away from a traditional work base, such as a freelancer or contractor. However, in the context of the hotel and…
Tag Archives: hotels
Most hotel and guest house proprietors will be aware that the majority of supplies in the holiday industry are subject to VAT at the standard rate. There are, however, important exceptions. DEPOSITS A deposit taken at the time of a booking is treated as advance payment for the supply, and VAT is therefore due at…
If you are running a hotel or guest house, no matter how small, then you need to know how your occupancy figures affect your bottom line. At any given time of the year, your aim as a hotel manager will be to fill as many of the available rooms in the hotel as possible –…
If you are running a hotel or guest house, no matter how small, then you need to know how your occupancy figures affect your bottom line. At any given time of the year, your aim as a hotel manager will be to fill as many of the available rooms in the hotel as possible –…
Luca Pacioli, the Franciscan friar and mathematician who created double-entry bookkeeping, said, “Frequent accounting makes for long friendships”. And this saying is equally as important in the 21st century as it was back in 1493. If you’re looking to run a successful hotel or guesthouse, it is vital that your finances are properly monitored and…
Luca Pacioli, the Franciscan friar and mathematician who created double-entry bookkeeping, said, “Frequent accounting makes for long friendships”. And this saying is equally as important in the 21st century as it was back in 1493. If you’re looking to run a successful hotel or guesthouse, it is vital that your finances are properly monitored and…
Seasonality is a fact of life for most hotels and guesthouses, with the possible exception of London tourist destinations and perennial favourites such as Gretna Green that enjoy year-round visitors, often regardless of the weather. These seasonal peaks and troughs in sales throughout the year are an inevitable challenge for your hotel to overcome. But…
Seasonality is a fact of life for most hotels and guesthouses, with the possible exception of London tourist destinations and perennial favourites such as Gretna Green that enjoy year-round visitors, often regardless of the weather. These seasonal peaks and troughs in sales throughout the year are an inevitable challenge for your hotel to overcome. But…
The hotel and leisure industry is a sector that’s more susceptible than most to the peaks and troughs of seasonality. Whether you’re running a guest house or a large-scale hotel, your challenge is always to make the maximum profit from the rooms you have available – and to work with the seasonal changes in room…
The hotel and leisure industry is a sector that’s more susceptible than most to the peaks and troughs of seasonality. Whether you’re running a guest house or a large-scale hotel, your challenge is always to make the maximum profit from the rooms you have available – and to work with the seasonal changes in room…