Independent Hotel Finance Made Simple
Part II introductionBuild The Financial Picture
Map revenue, operating drivers, costs, the management P&L, and the information sources that support each result.
Reading sequence
03Where Your Revenue Really Comes FromMap the hotel’s material revenue streams around what the guest actually buys while keeping only decision-useful detail visible.04What Drives Your RevenueConnect each material revenue line to the volume, average price, mix and operating records that explain why revenue changed.05Where the Money GoesSee what the hotel spends money on, where direct costs belong, and how departmental profit differs from hotel-wide support costs.06What Makes Costs MoveExplain cost movement through workload, price, mix, productivity or usage, control, and timing before deciding what should change.07Build a P&L You Can Actually UseBuild the management P&L as a waterfall from department revenue and direct costs to Departmental Profit, Operating Profit and the owner layer.08Make Your Bookkeeper and Systems Give You the Information You NeedConnect PMS, POS, payroll, operating records, the bookkeeper and accounting so each important result can be traced to a reliable source.