financials

The hotel business is a retail business and to stay on top of your business, you must fully and completely balance your daily revenue and settlements

We look at cost implications and revenue opportunities these create and how, by understanding breakeven and modelling, you can see if they are profitable

The lean hotels of the future will be the perfect balance of revenue and expense to produce optimal profitability. You can’t pay rent with RevPAR

In this episode we touch on Hotel Breakeven, what it is, why it’s important and how can it help you model revenue strategies as we plan for the recovery

Though global travel remains stunted, some regions are showing signs of sustained performance positivity. Include AsiaPac and the Middle East on that list

Revenue Managers may achieve top line forecasted revenue within 1-2%. But achieving a consistent hotel forecast at the segmentation level is rarely possible

Over the next months your aim is to retain the few clients you have. Every effort should be made to prevent cancellations and encourage direct booking

The aim of a hotel break-even analysis is to identify the number of sales, in unit or monetary value, for which the total costs equal the total revenue

Ongoing vaccination rollout is sure to improve sentiment leading into the Spring and we expect to see more reopening again as restrictions ease

What if we could look at profitability buy segment and roll that up to to see revenues and the associated financial costs by market segment?