The latest updates from the finance4hospitality team
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Improve understanding of business finance with the HOTS Business Simulation
The team at arena4finance offer a wide range of high-quality learning and professional development opportunities including access to resources on our platform finance4hospitality to improve understanding of business finance. All our programmes are designed to help you and your teams to continue to develop and improve understanding of business finance in the hospitality sector In…
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10 top tips for controlling food gross profit margin
As hospitality businesses with restaurant operations continue to experience increasing pressure on costs throughout the profit and loss account, it is critical that managers and food and beverage controllers closely monitor and manage their cost of sales – that is the cost value of the food and beverage products used in every menu item which…
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Time to start planning for your 2026 Hotel Budget
As the hospitality industry continues to navigate the current economic pressures, inflated operational costs, and evolving guest expectations, preparing a strategic and resilient 2026 hotel budget is more important than ever. Whilst for many operations revenues remain strong, the challenge for many operational teams is how to maintain the conversion or flow through to gross…
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Celebrating Our Platinum Sponsorship with BAHA
We are absolutely delighted to announce that we are now Platinum Sponsors of the Bournemouth Area Hoteliers Association (BAHA). This marks a significant step forward in our ongoing commitment to supporting the local hospitality industry and strengthening relationships within our vibrant community. BAHA plays a crucial role in promoting Bournemouth as a much loved destination…
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The importance of financial literacy in hospitality – why it matters
The hospitality industry has faced a relentless set of challenges over the last 18 months. In 2024 the industry faced significant financial pressure due to rising operational costs. UK businesses across all sectors have had to adjust to the new economic realities arising from increases to payroll as a result of the uplift in employer…
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Timely Financial Knowledge Training for Hotel General Managers
This is an opportunity for hotel general managers to update their financial knowledge with an intensive online course delivered by the team at the finance4hospitality academy led by founder, Debra Adams.
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