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College and University Conferencing Serve as B&B Hosts
Even with a multitude conferences and events coming and going throughout the summer, there are typically still a handful of empty rooms and empty beds on most days. For those campuses who have apartment or suite-style accommodation, the empty-bed factor could be even greater, as those room types are typically saved for adult conference groups.
Turn those empty beds into extra revenue by offering casual visitor accommodation and turn your campus into a B&B. You have the bed space and you likely have meals being served already, so why not combine the room with a breakfast buffet in your dining hall for one flat price?
The logical reaction is to dismiss the idea because of the tax implications. Your best first step is to investigate UBIT. Learn what it is, how it would affect you and how your campus would go about managing it. Your second step should be to contact some campuses who have already taken this leap. You will likely discover that most find the benefits of the extra revenue far outweigh the price and process of paying the tax.
Conference and event management doesn't have to be limited to conference groups. You may even have a small handful of overnight rooms available all year. What could be better than to have those rooms filled regularly as well? You will be amazed at how even those rooms can grow your bottom line.
About Kinetic Software, Inc
Kinetic Software, Inc develops, implements, trains and supports software products for event management, residential guest management, resource management, room scheduling, sales pipeline management, marketing activties, catering services, student housing, and financial management, forecasting and analysis. Kinetic also offers web-based solutions for master calendars, accommodation reservations, attendee registration and student application processes. Serving over 150 venues in several countries around the world including the United States, Canada, Australia, Ireland and the United Kingdom, Kinetic Software is continually recognized for its outstanding service and support to their customers.
For additional information please visit:
For Kinetic Software inquiries:
Kinetic Software, Inc
1360 Eisenhower Boulevard
Johnstown, PA 15904
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NEW to this year, KxRoundtables will hosted and facilitated by Kinetic staff, but the discussions are all yours. Join in and share your Kx experience with your colleagues.
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