financials

To most hoteliers, the term revenue management brings to mind a set of complex tools and analytics used to optimize room rates. And rightly so, there is a lot that […]

Which areas should you focus on to keep your property, or destination, ahead of the pack? Here are 5 important considerations for your 2023 budget plan

All three metrics must work together at the same time to get the best view of the potential profitability of your food sales

Hotels were being viewed more and more as a mainstream asset class and attracting investors who were more used to less complicated assets

The overall lack of visibility because conditions were changing daily meant hoteliers were less than sure about budgeting the way they had always done before

SWOT analysis for Hotels comes in handy when deciding whether to proceed with specific changes or investments in your hotel by analyzing the pros and cons

Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE

Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits

Your policy manual might be complete but you’re still a long way from compliance. You need to create a monthly internal control review program

Without accurate and timely financial information your business is not going to be as profitable as it could be. Full stop, period, exclamation point