Streamline your cozy hotel's financial planning with our intuitive template. Input your specific data, and let our model auto-calculate your Income Statement (Profit & Loss), Balance Sheet, and Cash Flow statement. As you adjust inputs, the financial statements update in real-time, allowing for easy tweaks and scenario testing. Ready for a lender's meeting? Easily print parts or all of the template reports.

Included Financial Statements:

• 5-Year Income Statement: Annual Summary & Monthly Breakdown
• 5-Year Cash Flow Statement: Annual Summary & Monthly Breakdown
• 5-Year Projected Balance Sheet: Annual Summary & Monthly Breakdown

Our At-A-Glance dashboard offers a concise financial overview of your hotel projections. With key financial ratios, break-even analyses, and start-up cost breakdown, your data becomes actionable. This tab, filled with tables, charts, and summaries, ensures your business presentations are both engaging and insightful as they can easily be copied into your planning documents.

Visualization Tools Featured:

• Boutique hotel profit and loss insights
• Initial set-up cost breakdown for your hotel
• Key financial ratios
• Operational cash flow visuals
• 5-year summary profit & loss table

• Create up to 11 unique room category types including average week night price, weekend price, add-on offerings, and supply costs per night. Then set how many rooms of each category your boutique hotel will have.
• Then estimate capacity occupancy for weeknights and weekends, for each month so you can account for seasonality trends.
• Revenue will automatically be calculated and built into your financial projections. You can also estimate annual price increases.

Expense Planning:

• Begin with a baseline of typical boutique hotel operating costs, then customize to align with your specific financial situation.
• Track recurring monthly expenses, including housekeeping, maintenance, utilities, and insurance.
• Each expense can be changed per month to account for seasonal expenses.
• Supply costs related to each room, are calculated as COGS on the revenue tab.

Staffing Costs:

• Plan your workforce budget, taking into account roles unique to the hospitality industry such as hotel managers, concierge, chefs, and service staff.
• Account for all employment-related expenses including salary, employer taxes, benefits, raises, and estimated start month to plan for future staff growth.

Asset Tracking:

• List all fixed assets for your hotel, from property, the building, kitchen equipment, furniture, etc. as well as their associated value, useful life, salvage cost, and acquisition month.
• Schedule asset acquisitions and calculate depreciation automatically on financial statements.

Liability Planning:

• Detail financing arrangements such as mortgages or business loans, with amortization schedules and automatic interest calculations.
• Your balance sheet is automatically built and will always balance.