The Practical Guide to Understanding and Raising Hotel Profitability (The Practical Guide to Events and Hotel Management Series) - Hardcover

Routledge
SKU:
9780367218270
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ISBN13:
9780367218270
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The Practical Guide to Understanding and Raising Hotel Profitability offers a comprehensive, easy-to-follow breakdown of how to understand profit and loss accounts for hotels. It offers practical advice on how to maximise the profits of this customer-facing business and improve performance results. Chapters cover every aspect of the profit and loss account including marketing, accommodation, food and beverage sales, quality, budgeting, event sales, and all the corresponding costs involved. It explains all the relevant KPIs and industry quirks within the profit and loss document as well as industry benchmarks to equip the reader with the skills to attend high level meetings, complete finance-based assignments and ultimately run their own business. Valuable tips from leading professionals within the industry are included throughout, giving advice on how to improve hotels' financial results and positively influence net profit through everyday actions. Packed full of practical case studies and written in an easy-to-read-style, this book is essential reading for hospitality students and current hospitality and hotel managers.
  • | Author: Adrian Martin
  • | Publisher: Routledge
  • | Publication Date: Sep 18, 2019
  • | Number of Pages: 190 pages
  • | Language: English
  • | Binding: Hardcover
  • | ISBN-10: 0367218275
  • | ISBN-13: 9780367218270
Author:
Adrian Martin
Publisher:
Routledge
Publication Date:
Sep 18, 2019
Number of pages:
190 pages
Language:
English
Binding:
Hardcover
ISBN-10:
0367218275
ISBN-13:
9780367218270