02126cam a22002898i 4500 832850 190613s2019 nyu o 001 0 eng 9780367218287 (pbk) TX911.3.M27 647.94068 23 Martin, Adrian, 1972- author. 62793 The practical guide to understanding and raising hotel profitability / Adrian Martin. 1910 New York, NY : Routledge, 2019. 4722 1 online resource text txt rdacontent computer n rdamedia online resource nc rdacarrier Practical guide to events and hotel mana Includes index. "The Practical Guide to Understanding and Raising Hotel Profitability offers a comprehensive easy-to-follow breakdown of how to understand profit and loss accounts for hotels. It offers practical advice on how to maximise the profits of this customer-facing business and improve performance results. Chapters cover every aspect of the profit and loss account including marketing, accommodation, food and beverage sales, quality, budgeting, event sales and all the corresponding costs involved. It explains all the relevant KPIs and industry quirks within the profit and loss document as well as industry benchmarks to equip the reader with the skills to attend high level meetings, complete finance-based assignments and ultimately run their own business. Valuable tips from leading professionals within the industry are included throughout, giving advice on how to improve hotels' financial results and positively influence net profit through everyday actions. Packed full of practical case studies and written in an easy-to-read-style, this book is essential reading for hospitality students and current hospitality and hotel managers"-- Provided by publisher. Description based on print version record and CIP data provided by publisher; resource not viewed. Hotel management. 47931 Business planning. 37331 BK 832850 832850 832850