The hotel business is perhaps the second oldest business in the world. I read that somewhere long ago, and it stuck. The kind of live-in arrangements described in this article are not about that but, rather, what our industry provided in the past to its senior leaders and managers. Some of what you’re about to read I experienced first hand…

Hospitality Financial Leadership
Calculating F&B Labor Productivity

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Understanding Contribution Margin

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Coming Soon  – The Prosperous Hotelier

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The word “expenses” needs to be defined and refined for this article. Expense broadly refers to any cost a business has including payroll, goods and services and cost of goods, “the cost required for something; the money spent on something.”

Understanding Food Cost Calculations

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