Accounting [best] | Hotel
π Great hotels sell experiences. Great hotel accountants ensure those experiences don't bankrupt the business.
π Never post OTA revenue as gross income. Always net it against commissions immediately. hotel accounting
2οΈβ£ Rooms have high margins (70-80%), but F&B is low (20-30%). You need to see profitability per square foot, not just the bottom line. π Great hotels sell experiences
π¨ Numbers are the unsung heroes of hospitality. hotel accounting