EC Meeting Papers January 2020

QGH Quorn Grange Hotel Budget 2020

SALES

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

TOTAL

TOTAL

ROOM OCCUPANCY

BUDGET 2020

ACT/FORC 2019

Available Rooms

1953

1827

1953

1890

1953

1890

1953

1953

1890

1953

1890

1953

1921.50

1551

Budget Occupancy

63%

74%

75%

77%

77%

76%

69%

68%

73%

65%

66%

60%

70%

70%

Budget Rooms Sold

1230

1352

1465

1455

1504

1436

1348

1328

1380

1269

1247

1172

1372

819

£Average Room Rate

63.00

67.00

72.00

72.00

72.00

72.00

72.00

70.00

70.00

68.00

68.00

65.00

69.25

66.5

SALES FOOD/BEVERAGE

Budget

44,958

52,538

61,168

60,773

62,799

59,984

56,275

53,918

56,016

50,067

49,197

44,177

651,870

641342

SALES MISC

Budget

1,500

1,700

1,700

2,000

2,000

2,000

2,000

2,000

2,000

2,000

1,400

900

21,200

8360

SALES ACCOMODATION

Budget

77,515

90,583

105,462

104,782

108,274

103,421

97,025

92,963

96,579

86,323

84,823

76,167

1,123,916

855122

SALES CONFERENCES

Budget

2,500

4,000

12,200

12,000

10,000

9,000

6,000

5,000

5,000

6,000

5,500

1,500

78,700

62700

SALES WEDDINGS

Budget

7,200

7,200

11,700

35,000

52,000

52,000

60,000

80,000

70,000

48,000

15,000

12,000

450,100

371750

SALES EVENTS

Budget

1,100

1,100

2,000

2,000

2,500

2,500

5,000

2,000

5,000

3,500

2,500

42,000

71,200

77200

BREAKFAST

Budget

9,302

10,870

12,655

12,574

12,993

12,410

11,643

11,156

11,589

10,359

10,179

9,140

134,870

128268

GYM

Budget

500

500

500

500

500

500

500

500

500

500

500

500

6,000

6000

BANK INTEREST

Budget

50

50

50

50

50

50

50

50

50

50

50

50

600

600

TOTAL SALES

Budget

144,625

168,541

207,435

229,679

251,116

241,865

238,493

247,587

246,734

206,799

169,149

186,434

2,538,456

2151342

Budget 2020 DIRECT COSTS

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

TOTAL

PURCHASES

Budget

20,169

23,469

30,914

37,928

43,491

42,127

43,065

47,143

45,758

36,557

25,537

33,733

429,889

353822

GROSS WAGES

Operating Budget

-

Kitchen (Hourly)

10,000

9,000

9,000

10,000

9,000

9,000

10,000

9,000

9,000

10,000

9,000

9,000

112,000

Housekeeping (Hourly)

9,000

8,000

8,000

9,000

8,000

8,000

8,000

8,000

8,000

8,000

8,000

5,000

95,000

F & B (Hourly)

13,000

12,000

12,000

13,000

12,000

12,000

13,000

12,000

12,000

13,000

12,000

12,000

148,000

Salaried

12,000

12,000

12,000

12,000

12,000

12,000

12,000

12,000

12,000

12,000

12,000

12,000

144,000

Total Operating Wages

44,000

41,000

41,000

44,000

41,000

41,000

43,000

41,000

41,000

43,000

41,000

38,000

499,000

Management & Admin

26,500

26,500

26,500

26,500

26,500

26,500

26,500

26,500

26,500

26,500

26,500

26,500

318,000

COMPANY PENSION

Budget

3,525

3,375

3,375

3,525

3,375

3,375

3,475

3,375

3,375

3,475

3,375

3,225

40,850

TOTAL PAYROLL

Budget

74,025

70,875

70,875

74,025

70,875

70,875

72,975

70,875

70,875

72,975

70,875

67,725

857,850

819216

PAYROLL % Sales (Total)

51.2

42.1

34.2

32.2

28.2

29.3

30.6

28.6

28.7

35.3

41.9

36.3

33.8

38.1

Kitchen (F & B Sales)

15.6

12.1

9.2

8.3

6.5

6.7

7.5

6.0

6.3

8.7

11.3

13.5

33.8

Housekeeping (Accom Sales)

14.1

8.8

7.6

8.6

7.4

7.7

8.2

8.6

8.3

9.3

9.4

6.6

8.5

F & B (F & B Sales)

20.3

16.1

12.3

10.8

8.7

9.0

9.7

8.0

8.4

11.4

15.0

18.0

11.3

Salaried (Total Sales)

8.3

7.1

5.8

5.2

4.8

5.0

5.0

4.8

4.9

5.8

7.1

6.4

5.7

Total Operating Wages (Total Sales)

30.4

24.3

19.8

19.2

16.3

17.0

18.0

16.6

16.6

20.8

24.2

20.4

19.7

Management & Admin (Total Sales)

18.3

15.7

12.8

11.5

10.6

11.0

11.1

10.7

10.7

12.8

15.7

14.2

12.5

TOTAL DIRECT COSTS

94,194

94,344

101,789

111,953

114,366

113,002

116,040

118,018

116,633

109,532

96,412

101,458

1,287,739

1,173,038

GROSS MARGIN

50,431

74,196

105,646

117,726

136,751

128,863

122,453

129,569

130,101

97,267

72,738

84,976

1,250,716

978,304

GROSS MARGIN %

34.9

44.0

50.9

51.3

54.5

53.3

51.3

52.3

52.7

47.0

43.0

45.6

49.3

45.5

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