Reporting
Coming soon
Hotel Monthly Financial Review Toolkit
Turn hotel financial results into a clear, organized, professional monthly review.
Excel and PDF
Hotel finance articles
The thinking behind the templates, written out in full. Each article is a complete method rather than a summary of one, and all of it is free to read.
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Variance analysis
How to Write Better Hotel Financial Variance Explanations
Most variance commentary describes the number instead of explaining it. Here is what a useful explanation contains, with weak and strong examples for revenue, payroll and expenses.
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Month-end
Hotel Month-End Close Checklist: A Practical Framework
A close works when the sequence is written down. This is the order most hotel closes follow, from the revenue cut-off through reconciliations to the final sign-off.
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Reporting
How to Prepare a Hotel Monthly Financial Review
The monthly review is a story about the period, not a printout of the trial balance. Here is a structure that holds up in front of a general manager or an owner.
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Budgeting
Hotel Budgeting Basics: Occupancy, ADR, RevPAR, Payroll, and Expenses
A budget is a set of assumptions with numbers attached. This covers how the assumptions are built, phased across the year, and stopped from becoming falsely precise.
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Variance analysis
What Hotel Department Heads Should Include in Financial Comments
Written for department leaders rather than finance. Six things a comment needs, why finance keeps asking for them, and how to write them in five minutes.
The tools
Templates built on the same thinking
Variance analysis
Coming soon
Department Variance Explanation Kit
Collect clearer and more useful variance explanations from hotel department leaders.
Word, Excel and PDF
Month-end
Coming soon
Hotel Month-End Close Checklist
Create a more consistent and trackable hotel month-end closing process.
Excel and PDF