financials

4 glass jars filling up with coins reflecting how hotels must make sure they are calculating their profitability

How to Measure Your Hotel Profitability

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

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Should Investors Expect Hotel Incomes to Keep Pace with Inflation

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

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Why You Need an Internal Control Review Program in Your Hotel

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

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Designing Your Financial Reporting System – A Wake-Up Call

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

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European Hotel Profit Tops 2019 Levels

Europe’s hotels are now back to pre-pandemic profit levels. With GOPPAR hitting €95.28 in June 2022, slightly higher than the same month in 2019

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What is the Best Strategy for Reducing Hotel Operating Costs

With the right strategy, you can reduce operating costs while running a profitable hotel. The following strategies will help manage hotel operating costs

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How to Do a Breakeven Analysis Using REVPAR

It is important to note that it is the REVPAR that achieves the profit, not singular occupancy or rate, but rather the combination of both

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Hoteliers Looking to F&B as Source of Profit Again

Breaking away from the traditional hoteliers’ approach and a mindset shift will help steer hotel F&B closer to its former glory

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Macro-Level Obstacles Little Match for Global Hotel Industry

Consumer costs for everything, including hotel rooms, are up. The list is long, but consumers are still, it appears, willing to put it aside to travel

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Until the Dust Settles, Zero-Based Budgeting is Indispensable

A method of budgeting where all expenses must be justified for each new period starting from a zero base, is required given the fluidity of global economies

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