
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.