Nimble Property Blog -

Balance Sheet of Hotel Industry – Is it really Important? Let’s Find Out!

In general context, a balance sheet is an accounting report. But, do you know its importance for your hotel? Many

As a full-service or limited-service hotelier, it’s important to know your performance and competition in the hotel business across your

In any hotel business, it becomes intimidating for a General Manager to track Daily Sales, monitor Occupancy %, ADR, RevPar,

As a hotelier, you might deal with hundreds of bills dealing your business. So, its obvious that it becomes really

Bookkeeping becomes an essential segment in any hospitality business. It plays a vital role in managing expenses, creating journal entries

Own a hotel business? Then it is crucial to get deep insights into your hotels performance. Be it an individual

Let’s first know what STR report is all about Smith Travel Research, an american company formerly known as STR provides

Regardless of the era, it’s being ascertained that property owners in the hospitality industry deal with myriad day-to-day operations, accounts

At some point or the other, a question haunts every hotelier that ‘How to increase Hotel occupancy?’ and it’s undeniably

Imagine a hotel without accounting! Everything goes into a mess – Money and resources will be thrown out in all