Hotel ProfitFinder quantifies hotel revenue and profit potential relative to competitors and identifies key opportunities to improve performance, putting hotels on the path to higher profitability.
How Does It Work? 3 Steps to Higher Profitability
1. Identify Your Profit Positioning
Our algorithms analyze your P&L data
We benchmark your revenue and profitability relative to your comp set
Then we plot your positioning on the Competitive Profitability quadrant
2. Quantify Your Profit Potential
Break down Revenue and Profit Indexes by department
See the value of your incremental profit potential
3. Set Objectives and Track Results
Establish targets and timelines
Rally the team
Establish early wins
Track progress over time
Watch your profitability grow
Features & Benefits
A seamless and intuitive analytics module built into HotStats’ leading Hotel Benchmarking platform
See all your P&L data in one place, along with actionable insights
Easily identify key strategic opportunities to grow revenue and profitability
Benchmark performance against competitors
Visualize your performance with powerful, easy-to-understand graphics
Quantify revenue and profitability potential by department
Home in on areas with the greatest potential for improvement
Chart a clear path to higher profitability with KPIs, targets, and timelines
Empower your team to increase bottom-line performance
Track progress over time in a continuous cycle of improvement