Profit & Loss Review

Full Analysis of the Hotel P&L against industry standard KPI’s

  • 1 hour
  • 119 British pounds
  • Video Call

Service Description

Sometimes a fresh set of eyes will reveal all kinds of opportunities. This treatment is designed for hoteliers looking to have their P&L reviewed and assessed by an industry leading financial expert. It focuses on the Hotels P&L by areas including Rooms, F&B, Conferencing etc. In addition, it will help you review your overheads including A&G (Admin and general), A&S (advertising and sales), HLP (Heat, light and power) and R&M (repairs and maintenance) in line with the Uniform System of Accounts for Hotels. YOUR HCC EXPERT Kevin Greenwood was the Area Director of Finance and control for the Radisson Hotel Group. As a result, he worked with hotels across their portfolio, of all sizes. As part of his role he worked with hotels on a monthly basis analysing the Hotels P&L against both budget and last year to understand trends and deviations that needed to be explained. By ensuring that industry standard KPIs were adhered to, decisions could be made on cost reductions in order to bring them in line without damaging the business. GOP (Gross Operating Profit) conversion to fluctuations in Revenue is critical for any hotel business. Reacting to changes in revenue streams is essential to maximise both profit and cash to the bottom line. TREATMENT SESSION Pre-treatment financial questionnaire to be provided (20 mins) 1 Hour Video Call with HCC Expert to discuss P&L KPIs and actions AS AN ADVISORY TREATMENT OUR HCC SAVINGS GUARANTEE MAY NOT APPLY

Contact Details

0118 4050 200