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 Financial Oversight & Performance Monitoring

 Financial Oversight & Performance Monitoring

Budget Review & Approval

● Evaluate and review annual operating and capital expenditure (CAPEX) budgets.

● Ensure alignment with the owner’s financial expectations.

● Recommend cost optimization strategies.

Cost Control & Budget Management

● Ensure that the operator adheres to the budget and financial goals set by the owner.

● Identify areas of inefficiency and recommend cost-cutting measures or revenue-enhancement strategies.

● Review monthly financial reports and operational statements.

Financial Reporting & Analysis

● Monitor monthly, quarterly, and annual financial performance reports.

● Compare financial results against budgets and industry benchmarks.

● Identify revenue enhancement and cost-saving opportunities.

Audit & Compliance

● Ensure adherence to financial controls, including cash flow and expense management.

● Review internal and external audit reports and recommend corrective measures.

Revenue Management & Pricing Strategy

● Review the operator’s pricing strategies to maximize RevPAR and GOP.

● Assess marketing and sales initiatives to ensure revenue growth.

● Monitor and advise on revenue management techniques to maximize profitability.

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