The Hotel Management industry has proven to be a positive asset in supporting the general running of hotels and accommodations. UpperKey provides essential services to assist with smoother operations and increased productivity. This then enhances the guest experience and improves the well-being of employees and business leaders too. When it comes to hotels, reputation is everything and without a smooth running machine, your reputation won’t survive. This guide explores UpperKey’s hotel management scheme and everything it can do for your business.
Who Is UpperKey Hotel Management For?
This management model is specifically designed and tailored for a niche sector in the hotel industry. Boutique hotel owners and Airbnb leaders can take advantage of a range of supportive factors to facilitate their management strategies and improve their rankings, listings, and guest feedback. The list below details all the sectors of industry that could benefit from Upper Key directly.
Boutique Hotel Owners
Privately Owned Hotels
Hotel Ownership Groups
The Benefits of Hotel Management
To make an informed decision, it makes sense to have the facts and figures in your mind with regard to the many benefits UpperKey represents. Hotel management models in general provide key support and the advantages to this are vast. They exist to maintain all the comings and goings of the hotel facility, and everything within that scope is worth discussing to properly highlight the pros of implementing such a contract.
Lots of companies already outsource their HR agendas. The benefits of this are largely centered around employees. With hotel management, all aspects of hiring, payroll, and termination of contracts are included. This leaves more space for internal management to focus on vital factors such as engagement and retention rates. With external input, there is more space to fine-tune operations in key areas like this. Positive employee engagement is one of the most vital elements to any functional business model, as a natural consequence is higher retention rates, which then leads to more consistent service and staff that understand the assignment.
Input Into Each Department
A hotel has multiple departmental considerations because there are many moving parts within. There are housekeeping employees, front of house, sales teams, food and beverage in some cases, and maintenance departments. Outsourcing management means all of these departments have a key team overlooking all the details and maintaining standards, structures, and stipulations. For privately owned hotels that are often smaller and therefore have fewer staff considerations, this service is still relevant as it ties everything together neatly in an irreplaceable format. This in turn creates opportunities for focus on growth strategies and steps for the future.
Marketing and Sales
For Airbnb owners and every boutique hotel owner, marketing and sales are as important as ever. This industry is highly competitive, and while it is still recovering from the effects caused by the pandemic years, people are traveling and seeking accommodation at high rates. Bringing guests to your door will only be possible if you have a clear marketing strategy and a core sales initiative. This is a vital area of support provided by hotel management structures.
What UpperKey Does For Its Clients
UpperKey provides all of these services straight to your door, which leaves more free time for owners and investors to focus on other projects, knowing their hotel is in expert hands. Whether you are operating a three-person team or a higher number, there are obvious advantages to be found in services like this. UpperKey focuses on owners, but it moves outside of this scope as well by supporting potential or established private investors and up and running hotel ownership groups too.
Hotel rates are subject to change in line with social and economic factors. It is a constantly moving industry in that there are thousands of external factors influencing the decision on rates. UpperKey supports in this area by enabling the optimum rates in a fair light to engage guests and maximise profit potential. This is a difficult thing to navigate without expertise and experience, and your hotel or investment could sit at risk if your rates are not kept up to date, or reflect the most current trends.
What is a hotel without guests staying in it? It’s an important question. The last thing any hotel owner needs, whether they are running an apartment facility or something bigger, is an empty asset without a resident to return the investment on the asset. UpperKey’s marketing and expert industry navigation means your occupancy won’t suffer and will see positive increases.
Increase the Value of Your Asset
With over 60 years of combined experience in the hotel sector, UpperKey has designed an effective way of increasing the value of your asset. How do they do this? There are four key areas where this is true.
Area One: Moving to Boost Performance
When you partner with a hotel management company, you are boosting the management of daily operations. Boosting the performance of staff and operations should always be at the top of the list because this is what drives the business forward. To keep things moving, it has to be a well-oiled machine that moves without a hitch.
Area Two: Enhancing Reputation
When you think about your reputation, it should be centered around trying to establish a long-term vision for the hotel. UpperKey has over 60 years of combined experience in the hospitality sector, which means they are well-suited to tend to the reputational components of your business strategy. Reputation is clearly an important engagement factor for both B2C and B2B avenues in this industry.
Customers or guests need a reliable, secure base to stay in when they are traveling, regardless of the reason. They want a place they feel confident spending money on and somewhere that will enhance their trip whether it is for recreational or business purposes. Your role is to quell their anxieties and exceed all expectations in order to garner positive reviews and increase the rate of return and engagement in this scope. When this channel is effectively outsourced, you can not only boost your rates but gain access to valuable tools to monitor performance and profitability.
It is also important to establish positive relationships with other businesses. This could be suppliers for your food and beverage department, linen for your rooms, or equipment for any facilities on-site. It doesn’t matter what it is, it has to remain a functional and positive, mutually beneficial relationship. The right hotel manager will be able to drive all of this in the best direction and establish a clear line of trust between you and all your providers and vendors. They will also be able to change the course when a relationship is not performing as promised, which is the key to maintaining high standards and yielding maximum success objectives.
Area Three: Revenue Management
There is always a call for efficient tools to monitor performance and profitability. Revenue management is an essential area that needs due care and attention. It is helpful to have an expert voice on call to monitor the impact of these strategies and shape how to increase profit margins while remaining viable in all areas.
Area Four: Managing Suppliers and Partners
Suppliers and partners are two of the most influential factors in securing a successful hotel business model. With the right suppliers and positive partner relationships, a business can excel in all the core areas that make it work and keep it profitable. That is why specialists in hotel management are the clear choice for assisting with this area.
UpperKey hotel management has emerged as a positive asset for hotel managers in many areas. They can assist with essential operations and free up time for boutiques, individual apartments, Airbnb, investors, and more to focus on their areas of expertise. Maintaining your business with a model like this makes a lot of sense.