As the saying goes, ‘What gets measured gets managed,’ and in the world of business, one of the key things you need to measure is the occupancy rate. Whether you’re running a hotel, managing an office building, or overseeing a retail space, knowing how to calculate your occupancy rate is crucial for understanding how effectively …
Guide
How to Calculate Room Revenue?
Did you know that the profitability of your hotel is not only about the number of rooms sold but also about the rate at which they’re sold and their occupancy rate? Understanding these factors and how they contribute to your overall room revenue can give you a clearer picture of your hotel’s financial status. Calculating …
Guide to POS Systems Indonesia (F&B and Retail)
A significant percentage of these industries use Point of Sale systems to make their every working day efficient and productive. The tasks of taking orders, payments and recording inventory are all daunting tasks if you own an F&B or retail business without relying on a POS system. With various POS systems in Indonesia serving F&B …