Travel & Tourism
Food and Beverage cost are biggest cost for any restaurant and it affects restaurant’s profitability to a significant level. Usually cost are volatile, hence need to be controlled.
Profts like in any industry is key driver of hospitality Industry as well. However traditional method of calculating profit can be damaging for hotel industry. Have a look at this article why!
Corona Virus has created an unprecedented crisis for hospitality. This article we are discussing various ways of managing such a crisis in short and long terms.