Lesson details
When contemplating the expansion of your resort or hotel, it's common to prioritize the introduction of new and enticing additions. However, it's equally crucial to consider how purchasing new products can impact your ability to budget for current expenses and requirements that keep your hotel running.
In this online lesson about CapEx budgets, Manish Gupta will explain how you can grow your resort or hotel with a CapEx budget plan.
What you'll learn in this lesson, How to create a CapEx budget
- What a CapEx budget is
- How to split your budget across the different sectors and priorities in your venue, including:
- Mandatory requirements
- Revenue generation and cost-saving activities
- Upkeep and extending the life of current property items
- Nice to have items
Content created by Manish Gupta
Instructor
