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Hotel Management - Strategic Performance Analysis

As a hotel owner / operator you are always wondering how various hotel management strategies are performing and what are various performance metrices we can use for monitoring hotel performance.<br><br>Hotel may have different strategies to achieve their vision, lot of performance indicators will tell you if those strategies are working or not and profits are maximized.<br><br>Take this very short course to understand how to analyse hotel's performance without going too deep in financial statements and understand how various performance indicators can help to understand effectiveness of various strategies<br><br>Course is designed to give a bird's eye view on hotel performance.

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Hotel Management - Strategic Performance Analysis

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  1. This Photo by Unknown Author is licensed under CC BY-NC This Photo by Unknown Author is licensed under CC BY hotel Strategic performance evaluation

  2. Traditional Performance metrices

  3. BETTER Performance metrices

  4. Measures which may lead to bad decisions

  5. P&L Analysis Measures

  6. Horizontal Analysis Copyright - Excel Finance Academy Follow our YouTube Channel and Facebook Page linked in description to support

  7. Vertical Analysis

  8. Ratio Analysis

  9. Analyze P&L-Revenue & Statistics

  10. Analyze P&L-Revenue & Statistics

  11. Total Revenue management

  12. Analyze P&L-Expenses and Contribution

  13. Labor productivity

  14. Undistributed Expenses

  15. Other Fixed Expenses

  16. Return on investment

  17. Business performance

  18. Budgeting & Forecasting “If you don’t plan, you plan to fail” – Benjamin Franklin

  19. Capital expenditure planning

  20. Four perspective of balance score cards i.e. Pillars of Business !

  21. Other important aspects

  22. Strategic decision making

  23. Thanks

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