CASHFLOW MANAGEMENT FOR HOTELS
ECONOMIC SUCCESS AND HIGH REVENUE
Money is the best! Check-in and ask for my “cash-concept”! Every entrepreneur wants and has to make money! Profit is the result of all efforts. Money is the blood in the veins of a business. But how do I increase my profits by 50% and more? If I could, I would place an imaginary cash machine into every entrepreneurs office, that they could use at any given moment without debiting their account.
Increasing your turnover by 30% or more will lead to an increase in profits by 50% or more. The largest part of costs when running a hotel are the fixed costs, e.g. personnel costs, facility costs etc. These need to be paid regardless of the turnover made. At what point hoteliers receive their owed money, is a futher factor. I know hoteliers that have chased long earned money for up to a year. Important is a consequent change in cash management, for example, an attractive non-refundable rate. And again, I’ve seen hotels change their payment policies to a 100% payment in advance, even concerning bus groups, and were still able to increase their profits. Know-how!
CASH FLOW MANAGEMENT FOR YOUR HOTEL: BECOME A MEMBER NOW!
An improved cost management through online check-in, central purchasing etc. leads to higher profits. Ckeck-in and ask for my cash concept! This way you’ll find the fitting cash flow management for your hotel. I’ll show you how!