Financial Management

Windward Management understands that effective financial management is a vital component of our offering. We implement detailed planning, reporting and control processes for all management contracts.

We participate in the regular revenue forecasting at each hotel and work in conjunction with the operations team at each property to ensure variable costs and expenditure are carefully controlled to match movements in revenue. The fixed cost base must also be brought to minimum levels.

Cash flow is a priority. We oversee the management of receivables and payables closely and prepare a detailed cash flow analysis and forecast each month.

We also provide extensive support to the management team at property level and ensure the following outputs are produced on a monthly basis:

  • Management accounts including variance analysis versus budget and prior year
  • Commentary on business performance
  • Profit and loss account
  • Balance sheet
  • Cash flow analysis and forecast
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