financials

Mastery of Profit & Loss empowers hoteliers to make strategic choices that balance occupancy with profitability, ensuring long-term financial health

CPOR isn’t just about tracking costs; it’s a reflection of how well (or poorly) you’re managing your hotel’s daily operations

What’s your imagination telling you that’s wrong which holds you back from owning your hotel or departmental financial situation

Cap rates can be used to compare the potential ROI of different hotel properties, track performance over time and make informed investment decisions

Every guest interaction becomes not just a revenue opportunity, but a data point that optimizes budgeting and revenue expectations

While both guest retention and acquisition are essential for a hotel’s success, they serve different purposes and have distinct impacts on your business

Hotels can no longer afford to rely on solutions that do most things well but don’t allow for precision and flexibility needed in a competitive landscape

In this piece I am going to tackle expenses and lay out the cleanest and most efficient way to record your monthly consumption.

The economic outlook is positive, but rising costs and changing guest expectations require continuous adjustment and optimization of the budgeting processes

Traditional budgeting has long been the standard for financial control in the hotel industry, but the budget can become irrelevant far too quickly