Hospitality
FP&A Software for Hospitality
Budget each property, plan seasonal staffing, and roll it all up to a corporate view—automatically.
Every Property Is Its Own Business
Hospitality finance teams manage a unique combination of multi-location operations, seasonal staffing swings, and property-level economics. Each location is essentially its own business, but corporate needs a unified view to make strategic decisions.
Centage gives hospitality CFOs and controllers a platform that handles location-level budgeting, seasonal workforce planning, and new property modeling—so you can grow your portfolio with confidence.
Industry Challenges
Multi-Location Management
Every property has unique economics—different revenue drivers, cost structures, and staffing models that must be planned individually.
Seasonal Workforce
Dramatic staffing changes through the year require flexible planning that scales up and down without breaking your budget.
Location P&Ls
Each property needs its own profit tracking with full revenue and expense detail to understand true performance.
Centralized Reporting
Corporate needs a consolidated view across all locations while preserving the ability to drill into any single property.
Variable Labor
Scheduling tied to occupancy and traffic patterns means labor costs shift constantly and must be modeled dynamically.
New Location Planning
Modeling openings and ramp-up periods for new properties requires specialized financial planning with realistic curves.
How Centage Helps
Purpose-built tools that address the unique financial planning needs of hospitality companies.
Location-Level Budgeting
Budget each property independently with automatic roll-up to corporate. Each location maintains its own revenue drivers, staffing models, and expense assumptions while contributing to the consolidated view.
Seasonal Workforce Planning
Model seasonal staffing peaks and valleys with position-level detail. Plan hiring timelines, seasonal rates, and temporary staff costs tied to your occupancy or traffic forecasts.
Same-Store Comparisons
Compare location performance consistently across your portfolio. Identify your top performers, understand why, and apply those insights to underperforming properties.
Centralized Consolidation
Roll up all locations to a corporate view with inter-company eliminations and shared cost allocations. Get the big picture without losing the detail that drives decisions.
Revenue Forecasting
Model revenue tied to occupancy, covers, or traffic patterns. Build driver-based forecasts that flex automatically as your operating assumptions change.
New Location Planning
Model new property openings with realistic ramp-up curves, pre-opening costs, and staffing timelines. Compare the ROI of different expansion scenarios before committing capital.
Real-World Scenario
The Challenge
A hospitality group with 12 locations needs to plan seasonal staffing for the summer peak while simultaneously modeling the opening of 2 new properties—each with different market dynamics and ramp timelines.
The Centage Solution
Finance builds seasonal staffing models for existing locations tied to historical occupancy patterns, while modeling the new properties with pre-opening costs, hiring timelines, and conservative revenue ramp-up assumptions.
The Outcome
Leadership sees the combined impact of seasonal operations and new property investments on cash flow and profitability. They approve the expansion plan with clear break-even timelines and staffing milestones.
Hospitality Industry FAQs
Yes. Each property has its own budget with unique revenue drivers, staffing models, and expense assumptions. Location managers can input their own assumptions within guardrails, and everything rolls up to corporate automatically.
Centage lets you plan staffing by month, week, or season with position-level detail. You can model seasonal hires, rate changes, and temp staff costs tied to occupancy or traffic forecasts.
Yes. Centage normalizes data across locations so you can compare performance on an apples-to-apples basis. Filter by age, size, region, or custom attributes to find meaningful insights.
Absolutely. Centage supports new location modeling with pre-opening costs, construction timelines, hiring ramps, and revenue ramp-up curves. You can compare different opening scenarios and timing options.
All location budgets roll up automatically to corporate with inter-company eliminations and shared cost allocations. Corporate sees the consolidated view while maintaining full drill-down to any individual property.
Ready to Ditch the Spreadsheets?
Join 500+ finance teams who have modernized their planning. Implement in just 4–6 weeks and start driving strategic decisions.
4-6 week implementation • Onshore support