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Category Archives: Financial Analysis
Restaurant Performance Snapshot The vital statistics of a restaurant operation Do you know the vital statistics of your restaurant operation? If your boss happened to ask you to provide a big picture overview of your restaurant operation, would you be … Continue reading
POWER TIPS SERIES Power Tip 4 – Are you leveraging the Quantity Price Magic? If you have not read Power Tip 1, go here for it on RevPAR VS Average Daily Rate focus or Power Tip 2 here for Buffet … Continue reading
POWER TIPS SERIES Power Tip 2 – Buffet Spreads – bundling food and beverage items for Higher Profits If you have not read Power Tip 1, go here for it on RevPAR VS Average Daily Rate focus. In any hotel … Continue reading
POWER TIPS SERIES Power Tip 1 – RevPAR Vs Average Daily Rate Focus Recently, while working with my customer, I was asked this question: Why should hotel RevPAR be preferred over Average Daily Rate? My response was this. If you … Continue reading
Cloud Academy, a Ignite Insight LLC enterprise opened its doors as a virtual learning portal on May 1, 2013 offering courses (visit: http://www.elearningcloudacademy.com) with self-paced, easy to learn and understand financial concepts and analysis for the hospitality industry.