financials

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 […]

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

His track record speaks for itself and, keeping his fingers closely on the pulse, he is well placed to assess the health of the hotel sector

Hoteliers that want to streamline sales and take advantage of high-value buyers can no longer afford to maintain cumbersome processes

Calculating customer acquisition costs is challenging. Costs are often distributed across departments and vary by channel

Most hotels overdo budgeting and discover that budgets deviate from actual performance as the year progresses

In an era where adaptability and resource optimization are paramount, Zero-Based Budgeting emerges as a strategic tool for hotels

Discover how to accurately calculate and analyze your hotel’s fixed and variable costs to make informed pricing decisions, and get our free Excel tool to simplify calculations

How do you balance the expectations of guests – and what they’re willing to pay – with effective sustainability practices that work towards real change?

Hotel budgeting requires a strategic approach combining current performance, financial goals, revenue optimization strategies and cost control measures