Tag: hotel property valuation

factors on which hotel financial performance depends
Crucial Metrics for Reflecting a Hotel’s Financial Performance

Hotel management is responsible for tracking various metrics that reflect its business activity, such as the amount of revenue hotel rooms generate. Analyzing this data categorized by hospitality industry acronyms, helps managers with budget planning and staff scheduling. Here’s a look at the most important metrics for hotel managers to track each day. 1. Average…

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