financials

The Role of Profitability Data in the Hotel Benchmarking Experience

P&L data enables you to supplement key top-line metrics and measure impact of top-line decisions on profitability relative to competitive sets

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Hotel Budgeting for Change (Part 2)

The most important consideration overall is to remember that a hotel never has the same year twice. This feels particularly true now

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Hotel Budgeting for Change (Part 1)

Budgeting is never easy, but the pandemic upended hotel balance sheets and the return of trading brought with it jagged costs and rates

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Chargebacks Are Bigger Problem Than Most Hoteliers Think

With poor guest experiences being a main driver of chargebacks, there’s a real risk of creating a vicious cycle that leads to poor reviews and reputation

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How To Create the Perfect Hotel Marketing Budget

The development of your marketing budget should be a highlight. It allows you to look back on successes, as well as failures, and create better strategies

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How to Make Hotel Budgeting as Smooth and Painless as Possible

Hoteliers often complain that the budgeting process seems to start earlier every year. This is especially true for large hotel groups

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How to Calculate Hotel Guest Acquisition Cost (GAC)

By calculating Guest Acquisition Cost, you gain insights into the financial efficiency of your guest acquisition strategies

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Hotel Financial Performance Influenced by Changes in F&B Offerings

Since the majority of hotel food and beverage revenue come from in-house guests, it is appropriate to analyze trends on a dollar-per-occupied room basis

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2024 Budget Planning: What Is Top of Mind for Hotel Owners & Operators?

Budget season is upon us, and around the world hotel owners and operators are buried deep in data trying to come up with 2024 performance numbers. NB: This is an […]

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Best Steps and Practices to Create a Robust Hotel Budget

A well-managed budget is not merely a tool for financial control; it’s the compass that guides your hotel towards success

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