Hotel Budget Template (Excel XLSX)

Hotel Budget Template is an all-inclusive financial planning tool for the hotel industry.

The budget template for hotels is a step-by-step guide with detailed instructions that help you to easily create your revenue, expenses and cash flows for your hotel. The templates are broken down into worksheets that cover every part of the profit and loss statement (P&L) or balance sheet (BS), including detailed projections for specific parts of these statements.

Functionality of the Budgeting Template:
• separate profit and loss budget and cash flow budget
• forecast balance sheet by month
• forecast monthly earnings by product group and structural units
• forecast positions of company's expenses
• forecast workers' payment, which is pegged to the factors affecting it, (e.g., sales volume, the level of accounts receivable, etc.), with the possibility to quickly change the parameters of the payment system which automatically affects all the remaining aspects of the financial plan
• create a products procurement plan, taking into account the forecasting market situation and scheduled sales volumes
• calculate optimal inventory levels
• forecast possible settlements with suppliers as well as the possible payment schedules for certain suppliers
• forecast possible settlements with debtors, and the possible payment schedules for certain debtors
• quickly change the most important assumptions of external factors that influence the development of your enterprise, which automatically will be reflected in all positions of the financial plan. Thus it will be possible to quickly analyze different scenarios and adjust your plans depending on the situation

Contact our team if you're looking for additional support with your company's financial needs! You can request model adjustments for any template found on our website or request a completely customized financial template with your company's data (operational budgets, cashflow projections, valuation models, cost analysis and other models).

Our company has over 12 years of experience as outsourced CFOs creating and improving financial models for different industries. Over these years we have worked with 500+ companies from 20+ countries in the world. We bet you won't be able to name an industry we haven't made financial models for.

The customization services are performed by the same team of analysts that organizes the Financial Modeling World Cup (our group's company). The Financial Modeling World Cup is the world's largest financial modeling competition, enjoyed by top-class modelers from all over the world. Our team is trusted by such big names as Microsoft, the main sponsors of the tournament, and ESPN who broadcast the tournaments to TV audience.