Recent Articles

Hospitality

An industry that depends almost purely on discretionary dollars to sustain its existence. Examples include hotels/motels, tourist destinations, catering, golf courses and recreational facilities.

Hospitality Industry Characterized by High Fixed Costs

07/07/2015

There is one unique financial characteristic that is synonymous with the hospitality industry; that is high fixed costs.  Or another way of stating the same financial attribute is to simply state that the hospitality industry has low variable [...]

Heads on Beds – Hotel Management

10/15/2014

The hotel business has one tenet that stands above all other hospitality based business standards.  Get heads on beds.  Why does this one business standard have so much more value than any other?  Well, it is simple, the fixed cost of [...]

Absolute Dollars

09/09/2014

In the hospitality industry, there is one financial tenet that takes precedence over any other business perspective.  In this industry, it is about putting the maximum number of dollars (ABSOLUTE DOLLARS) in the register after each day.  One of [...]