Operational Finance for Tourism and Hospitality
Provide an overview of the financial performance of the e-hotel. Include tabulated data outlining relevant key performance indicators.
4. Evaluations on Revenue, Costs and Profitability
Revenue
• Provide the summary revenues and KPI’s for rooms and food and beverage departments.
• Analyse the actual results for two years of trading.
• Make use of tabulated quarterly financial data to breakdown the results, as appropriate.
• Critical evaluation of the performance in regards to the key decisions made during the simulated exercise and their impact on the actual outcomes.
• Provide a minimum of two recommendations to improve revenue generation across all departments.
Costs
• Provide the operating cost summary for rooms, food and beverage and other key areas for 2 years of trading.
• Analyse the actual results for two years of trading.
• Make use of tabulated quarterly financial data to breakdown the results.
• Critical evaluation of the performance in regards to the key decisions made during the simulated exercise and their impact on the actual outcomes.
• Provide a minimum of two recommendations to improve the control of costs within the hotel.
