Hotel Financial Leadership

Information on hotel financial leadership

Hospitality Financial Leadership – Four Important Things to Know

I want to share with you what I learned by delivering financial leadership workshops and coaching. If you would like a copy of any of the following send me an email at EFTE and Productivity Exercise Hotel Financial Policy Manual – Inventory of “Sections” Hotel Financial Coach “Services Sheet” F&B Productivity Spreadsheet Rooms Productivity...

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Hospitality Financial Leadership – Using EFTE’s In Your Financial Reporting

If You Can’t Measure It, You Can’t Improve It. Management thinker Peter Drucker is often quoted as saying, “You can’t manage what you can’t measure.” Drucker means that you can’t know whether or not you are successful unless success is defined and tracked. In the hotel business payroll is the number one cost. STR recently...

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Hospitality Financial Leadership – How to Set Up and Report Food & Beverage in Your Hotel Financials

That is a long title and it is fitting because F&B reporting in your financials is the longest part of your hotel financial reporting process. Every other department except for benefits is a single shot. In F&B you need allocations and a roll up of all outlets into a total F&B profit statement. This is...

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