The Most Important KPIs for a Profitable Hotel Breakfast
Increasing hotel revenues and profitability requires selling the right seat to the right customer for the right period of time. There is a direct relationship between F&B revenue and price management, service capacity, table turnover, and menu.
The following key performance indicators can be used to track breakfast results
- Turnover of seats: number of customers/available seats
- RevPASH: Revenue per hour of available seats
- TrevPASH: Total revenue per hour of available seats
- GopPASH: Gross operating profit per hour of available seats
F&B revenue is derived from a variety of sources, such as room service, banquets/conferences/catering, minibars, and lobby service. As well as revenue from in-house guests, F&B revenue can also be generated by external guests.
Forecasting hotel food and beverage demand is a challenging task. It is necessary to gather data from a variety of points of sale. The revenue allocation and forecasting of these departments may be governed by other departments, which further complicates the process.
Tracking and coordinating the performance of each area is essential. An option is to create a central database that stores all point-of-sale data. In this way, revenue and expenses can be reported, tracked, and allocated consistently. As a result, better decisions can be made and revenue growth can be tracked in each area.
Creating a Profitable Hotel Breakfast
Customer focus is the key to breakfast success. In the hospitality industry, customers are at the center of everything we do. Your quality of breakfast service and reliability must be on point.
The service provided by your staff leads to customers spending more, booking again, and referring friends. This is far more effective than any promotion, tactic, or marketing strategy.
Teach your staff the art of upselling by organising training and making them taste the products you serve. The best way to connect with your customers is to listen to them as they are your most reliable allies.
Invest in your product, employees, and market, and you will be successful.
At Krogab we’ve helped our hotel clients with F&B forecasting, and the supply of juice, coffee, and waffle machines, products, and supplies to delight their customers for over 30 years!
To arrange a tasting contact our friendly team today on 01477 544 144