Benchmarking and Financial Analysis
Have you ever wondered how you are doing at your hotel financially? How does your hotel perform against other hotels in your area? Are you meeting your own performance goals you set during the budget and forecasting process? Our Virtual Benchmarking Class will examine optional ways to answer these questions and more, as well as optional strategies to correct undesirable variances. We also examine property positioning in a competitive set, benchmarking hotel revenues/expenses and expense control tactics. Our class will help you understand how to apply benchmarking and financial analysis techniques, which may help you enhance your hotel’s profitability.