The traditional P&L based on cost categories is not telling stories about what is going on in the business, nor does it help make any relevant decisions.
The ultimate hotel P&L
What if there is a better way to look at the financial information that helps operators see their results (and better still their budgets and forecasts) in a different light?
How to flex and flow your P&L
The whole idea behind calculating and monitoring flex and flow is to determine how good of a job the hotel is doing at driving additional profits or savings to ownership.
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!
