Build a hotel food and beverage budget from outlets, covers and average spend. Learn why percentage targets hide problems and how to track variance by meal period.
Sort budget lines by the currency of the obligation, not the invoice. This guide shows how to build a two-column sheet, set a documented budget rate, and run scenarios that reveal which cost line breaks first.
Build a hotel payroll budget from the staffing plan, not last year's total. Learn to track headcount, employer costs, wage scenarios and seasonal accruals month by month.
A hotel restaurant often looks unprofitable because breakfast revenue is booked in rooms and shared costs are misallocated. Learn to correct the statement and decide on real data.
Closing hotel floors saves energy and housekeeping hours, not fixed costs. Learn how to prove the saving, manage idle rooms, and find the break-even occupancy rate.
Cut hotel costs by sorting expenses into three groups: what guests see, feel, or never know. This checklist helps you reduce costs safely while protecting the guest experience and legal duties.
This guide explains how to draft and calculate hotel attrition clauses. It covers setting allowances, measuring group wash, and applying resale offsets to price unused room nights accurately.
A rack rate is the published ceiling of a hotel's price structure, not the market price. Learn how rack rates, BAR, and net rates interact to build a clear, defensible rate sheet.
FOC is a contract term, not a discount code. Learn how to define free places, guide rooms and driver rooms, build their cost into the group rate, and record them so reports stay honest.
Set next season's price rise as a sum, not a percentage. Build your cost per guest night from written assumptions, apply a stated exchange rate, and test the result against demand.
Learn how to calculate the net cash of a hotel card sale after commissions and waiting days. Compare instalment plans with early-payment discounts to see which option brings more money today.
A bed and breakfast rate is one price for two products, so the breakfast share is a policy you set. Learn how to choose a split method that keeps ADR, restaurant results and invoices consistent.