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› Navigating Wage Increases in the Hotel Industry: Strategies and Challenges & By Vincent Coens and Christian Buer
Navigating Wage Increases in the Hotel Industry: Strategies and Challenges & By Vincent Coens and Christian Buer
2025-07-07 15:52:52| Hotel Resource
Hotels face significant financial pressure due to rising wage costs, with potential insolvencies looming in the gastronomy sector.
Category:
Hospitality
LATEST NEWS
Scandic to Open New Hotel in Hamburg, Germany in 2030
2025-07-07 15:46:00| Hotel Resource
Scandic Hotels Group has signed a lease agreement to open a new hotel in Hamburg, Germany, scheduled for completion in 2030.
Category:
Hospitality
Hotel Financial Statements: Best Balance Sheet and P&L Formats for Hotels & By Emma NÄPÄNKANGAS
2025-07-07 15:28:19| Hotel Resource
This article explains the two most crucial hotel financial statements: the hotel profit and loss statement (the hotel P&L or income statement) and the hotel balance sheet. We will explore what is included, why they matter, and how hoteliers can use them to make sharper and more sustainable business decisions.
Category:
Hospitality