You need to know which segments are causing variances for revenue and which expenses are causing a drop in profitability,
Does your hotel financial statement pass the test?
Do your hotel financial statements give you the information you need to effectively run your business? Are you able to see if your profits are where they should be in an enhanced top line statement? Do your statements measure flow thru? Do you record your rooms business by proper segments and track the rooms occupied, rate and revenue in each segment?
