financials

As an industry, we know there are several ways of forecasting and as revenue professionals, we may be asked to contribute to

Whether aiming to boost revenue or enhance operational efficiency, understanding these approaches empowers you to make informed decisions that drive success

Take your new found incremental revenue and calculate using the right multiplier how much you can borrow against your considerable additional equity

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

By excelling in these three areas GMs can drive exceptional financial performance and establish their hotel as a market leader

Many industry sources share that an average restaurant has a profit margin of about 7% but recognize yours can fall anywhere between 0-12%

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

In this discussion we ask is Net Revenue easier to achieve than Total Revenue? And do we know what Net Revenue actually means?

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

Adopting revenue performance management, hotels can achieve sustainable growth and maintain a competitive edge in the dynamic hospitality market