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The Importance of Profit and Loss Statements for Independent Hotels
A hotel profit and loss (P&L) statement provides an analysis of a hotel’s revenue, cost, and profit performance. It helps one understand how much bottom-line margin the property is making. Therefore, it is essential for any hotel manager to fully understand each line item of their P&L statement, and where pertinent, how to interpret the […]
From reluctant student to passionate hotelier: Inspiring journey of Nova Maldives’ GM Abdulla Aboobakuru
As a child growing up in the Maldives, Abdulla Aboobakuru dreamed of flying high in the skies as a pilot, instead he planted his feet firmly in the world of hospitality. Now the General Manager of Nova Maldives, Aboobakuru reflects on the experiences that shaped his long career over 24 years working in resorts. “Two […]
GM’s View: Srikanth Devarapalli of Emerald Maldives
(with additional contributions by Ruby Amir) Emerald Maldives Resort & Spa is a natural lush island in the beautiful Raa Atoll, offering all-inclusive service that exceeds expectations without limitations. Within this newest addition to the prestigious Italian-owned Emerald Collection portfolio, unique design elements have been carefully chosen, resulting in a contemporary concept of accentuating the […]