The Volume-Price See Saw Battle
Revenue generation is a see saw battle for supremacy between volume and price. This has significant implications for the profitability of your hotel or restaurant.
Fixed and Variable Expenses
You cannot boost profitability of your hotel or restaurant without a first hand knowledge of the behavior of your expenses - fixed or variable.
The Cause Effect Relationships
Revenues and profits in a hotel or restaurant (or any business for that matter) have a magical cause effect relationships. An understanding and leveraging of this can boost your profits tremendously.