Top-line management - the key to financial success in hotels
The top line refers to a company's gross revenue or sales figure, which is reported as the first, or the top-line on a company's profit & loss statement. It reflects the hotel's total revenue from its operations before any expenses, taxes, or other deductions are considered. The top line indicates a company's overall growth and market performance, showing how effectively a hotel generates sales from its products or services. However, it does not provide insights into the company's profitability, as it doesn't consider the costs associated with generating those revenues.