Yield management, room occupancy, staff productivity, food and drink GPs, laundry costs etc. are all essential KPis that need to be measured in the Hotel industry. They have a direct bearing on your profitability. Here’s an example of a Board you may want to prepare as a starting point.
“I am still a bit in SHOCK! I thought I would never find a day that my spreadsheets would be DEAD. I focus on 1 industry and our service is very specific - which meant I ploughed allot of resource on creating monthly Overview sheets, of course as soon as the data in Xero Updates.... the Spreadsheets don't.” - Chris Cheeney