Our results

We’re proud of what we’ve achieved, but we’re not stopping there.

5

years of experience

100%

happy clients

50+

events hosted

230

projects completed

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Our services

Revenue Audit Services

Comprehensive revenue audit services to ensure accurate financial records, identify revenue leaks, and optimize revenue streams within your hotel operations.
Hotel revenue audit and internal controls

Internal Control Evaluation

Thorough assessment of internal controls to mitigate risks, enhance operational efficiency, and safeguard assets through tailored solutions and best practices.
Hotel revenue audit and internal controls

Expense Management Analysis

Detailed analysis of expense management processes to streamline costs, identify areas for savings, and improve overall financial sustainability for your hotel business.
Hotel revenue audit and internal controls

Compliance Review and Assessment

Conducting compliance reviews to ensure adherence to industry regulations, standards, and best practices, minimizing legal and financial risks for your hotel.
Hotel revenue audit and internal controls

Financial Reporting Support

Expert support in preparing accurate and timely financial reports, providing valuable insights to drive informed decision-making and strategic planning for your hotel.
Hotel revenue audit and internal controls

Risk Mitigation Strategies

Developing customized risk mitigation strategies to proactively address potential financial and operational risks, safeguarding your hotel's financial health and reputation.
Hotel revenue audit and internal controls
Hotel revenue audit and internal controls

Services

Revenue Audit

Thorough examination of hotel financial records to ensure accuracy, detect discrepancies, and maximize revenue opportunities, ensuring financial integrity.
100USD

Expense Review

Comprehensive analysis of hotel expenses to identify cost-saving opportunities, optimize efficiency, and enhance overall financial performance.
100USD

Internal Control Evaluation

Assessment of internal control systems to mitigate risks, prevent fraud, and maintain compliance, safeguarding the hotel's assets and financial reputation.
100USD

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Address

  • Strand, London WC2R 2LS, UK

FAQ

Frequently asked questions

What is hotel revenue audit and internal control?

Hotel revenue audit and internal control involves examining financial data and operational processes within a hotel to ensure accuracy, compliance, and efficient revenue management. This includes verifying revenue streams, assessing internal controls, and identifying areas for improvement.

Why is hotel revenue audit important?

Hotel revenue audit is crucial for maintaining financial accuracy, identifying potential revenue leakage, and ensuring compliance with industry standards and regulations. It helps in optimizing revenue management strategies, enhancing internal controls, and safeguarding the hotel's financial assets.

What does a hotel revenue audit cover?

A hotel revenue audit typically covers areas such as room revenue, food and beverage revenue, ancillary revenue, cash handling procedures, billing processes, rate integrity, reconciliations, and compliance with internal policies and industry standards.

How to conduct an effective hotel revenue audit?

To conduct an effective hotel revenue audit, it is essential to have a structured approach that includes reviewing financial records, conducting reconciliations, assessing internal controls, analyzing operational processes, and documenting findings to make recommendations for improvement.

What are the benefits of a robust internal control system in a hotel?

A robust internal control system in a hotel helps in preventing fraud, ensuring accurate financial reporting, maintaining operational efficiency, safeguarding assets, and promoting compliance with laws and regulations. It provides management with confidence in the integrity of the hotel's operations and financial data.

How does hotel revenue audit contribute to revenue management?

Hotel revenue audit contributes to revenue management by identifying areas of revenue leakage, ensuring the accuracy of revenue streams, and providing insights into improving pricing strategies, financial controls, and operational efficiency to maximize revenue potential.