Please note that the platform has been updated since the formation of this video, the process and steps are the same, however the product may look slightly different.
How-to Guide
Step 1: Access the Expense Comparable Data Presentation sheet
Select H_EXPCMP from the bottom menu.
You can present up to three expense comparables using this sheet.
Comparable Tables
Step 1: Identify each Expense Comparable's Room Count, Occupancy, and ADR.
Enter this information in the fields above each table
Pro-tip: If you will not be using a comparable table, set the Show/Hide dropdown to No to remove it from the Revenue and Expenses tables on the Revenue and Expenses sheets.
Step 2: Enter the Nominal dollar amount for each chart of accounts within each Comparable
Step 3: Describe the summary and call out anything that needs additional attention for the reader's understanding
Step 4: Add the tables to your Word report (if it has not already been added)
If these tables are not already in your report, use the link names below the table to add them by using the Insert Link feature.
HIA_ExpCompTable1
HIA_ExpCompTable2
HIA_ExpCompTable3
Once you have completed all the necessary information in the Expense Comparable Datasheet, you can move on to the Revenue and Expenses sheets in the Hospitality Workbook.
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