Here are the top 10 control points to ensure you are not missing any dollars in your hotel. Failure to follow these controls will cost you by increasing your expenses.
Europeans embrace Intra-European travel in spite of growing cost-of-living concerns
40% of Europeans are worried about increasing travel costs in light of the ongoing cost-of-living crisis. Nonetheless, the appetite for travel among Europeans is growing with 70% planning a trip in the next six months. This represents a 4% increase in just one year. Over half (52%) intend to travel at least twice evidencing pent-up demand for vacationing.
Why hotel auditors miss the mark
Here’s a look at what hotel auditors do and what they really should be looking at to find inconsistencies that lead to detecting financial problems in the hotel.
What is the only thing we know for sure about the hotel budget?
The budget serves as a guiding light but we live in the reality that we know it is not going to be the answer.
The difference between expense and investment
How we can differentiate between expenses and investments to make sure we recognize the difference and make the best decisions for the ongoing health of our enterprise.
How to plan and manage zero-based expenses
It’s not rocket science – it’s just being organized and having a list. With that list, you’re going to know what you need, what to order and if need be, what to trim.
Fixed expenses aren’t really fixed
Few costs are uncontrollable in a hotel. There are simply some expenses which take longer to reduce than others!
