financials

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

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

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

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

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