Michael is a Chief Operating Officer at Hotstats. Hotstats provide monthly P&L benchmarking for the hotel industry, collecting detailed financial data from over 5,000 hotels worldwide from over 100 brands and independent hotels, and provides over 550 different KPIs covering all operating revenues, payroll, expenses, cost of sales and ultimately departmental and total hotel profitability.
Prior to joining Hotstats, Michael held multiple Operational & Financial roles at Hotel and Corporate level, over 16 years.
Speaking at The Annual Hotel Conference (AHC)
Who is in the Green? Profitability Intel
With owners scrutinising returns profit is uppermost in operators' minds as investors seek to maximise returns from all revenue-generating space coupled with close cost control and new-found efficiencies.