Technology is revolutionizing and evolving expeditiously. Today, being digital is the new status quo. Right from buying groceries, hiring cabs, to even buying a house, everything is virtual and in the palm of your hands. The very essence of Ecommerce today is one very simple aspect; You see something you like, then you buy it.
Annual common area maintenance (CAM) reconciliation is one of the most tedious processes that is notoriously error prone. Despite the fact it is also one of the processes that is often overlooked by commercial property owners, resulting in errors in reconciliation that over time results in thousands of dollars in losses. Reconciling CAM expenses against
We all know the power of a smashing good product description. When shoppers are contemplating spending their money on a product or service, it is what your business communicates and how your business communicates that becomes the deciding factor. When your product description stands out and manages to connect with the shopper, and makes them
Both commercial real estate owners and property management companies are required to focus on several aspects to keep the business afloat. From managing lease portfolios, listings, finances, administration to other scaling business requirements, industry players are swarmed with conflicting priorities. Sure, success in real estate depends on property sales and marketing and efficient management of
Millions of people travel around the globe today. Whether it is for leisure or business traveling is constantly on the rise. Evolving traveling trends and demands combined with rapid digitization have led to the rise of online travel aggregators (OTAs). It is estimated that approximately 40% of global travel market share is held by OTAs.
Commercial real estate is one of the worst hit industries in the wake of the pandemic. As work from home continues, with some companies opting to adopt that policy as a new way of working, many offices are actively reducing their infrastructure footprints. This is helping companies to save cost and optimize returns. According to
Commercial lease tenants are required to pay common Area Maintenance (CAM) charges are towards the maintenance of usable common areas within the property. It is typically calculated as the tenant’s pro-rata share of the operating expense. While CAM expenses are important for the upkeep of the property which is mutually beneficial for both tenant and
Whether it is football, baseball, cricket, basketball, or formula 1, every professional sport today has become highly competitive, where even the smallest of change can impact the entire course/outcome of the game. From hard-core loyal fan base to seasonal followers every enthusiast is looking for more and detailed information related to performance and surrounding events
An online travel agency or online travel aggregator (OTA) is a familiar term within the hotel and hospitality industry. A segment that has rapidly gained popularity among travelers around the world owing to its convenience of finding and booking hotels. These online platforms offer great potential for hotels to promote their property and gain greater
Common area maintenance (CAM) expenses are a standard and key part of any commercial lease that helps cover the operating expenses These charges are calculated on a pro-rata basis and passed on to the tenants. That said, despite its importance in the upkeep of a property, the lack of a unified template for reconciling CAM