financials
Simple Way to Drive Revenue to Your Hotel Top and Bottom Line
Take your new found incremental revenue and calculate using the right multiplier how much you can borrow against your considerable additional equity
Road to Hotel Profitability: Adopting Flow Through + Flex Metrics
Flow through and flex hold tremendous value as they encapsulate both top-line changes and the effectiveness of cost controls in safeguarding the bottom line
Three Essential Tasks for Hotel GMs to Maximize Profitability
By excelling in these three areas GMs can drive exceptional financial performance and establish their hotel as a market leader
Proven Tips to Increase Restaurant Revenue and Profitability
Many industry sources share that an average restaurant has a profit margin of about 7% but recognize yours can fall anywhere between 0-12%
Net Revenue: A Possibility But Not Without a Major Shift in Mindset
We discuss the complexities faced when trying to embrace net revenue and we touch on the evolution of the commercial role and where the finance team fits in
Net Revenue: A Challenge to Embrace or Just Another Pipe Dream?
In this discussion we ask is Net Revenue easier to achieve than Total Revenue? And do we know what Net Revenue actually means?
Credit Card Fraud at Hotels: How to Stay One Step Ahead?
By understanding the different types of credit card fraud, you can be more alert to potential red flags and take steps to protect your hotel and guests
Mastering Revenue Performance Management for Maximizing Profits
Adopting revenue performance management, hotels can achieve sustainable growth and maintain a competitive edge in the dynamic hospitality market
Cost to Hotels of Open Executive Positions and Loss of Momentum
Today we look at Hotel staffing and the impact an executive opening can have on a property – momentum is a key word here
Address F&B Profitability Before It Takes You Under
This highlights the need to ensure more intelligent cost controls across the business which improve profitability and drive operational efficiency