Page 41 - Kuwait-Three-Years-Business-Outlook-2019-2020-2021
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STR Insights
KHOA
Kuwait’s overall financial performance in 2018
Departmental Revenue and Expenses, % change per available room, 2018, KWD
Rooms Revenue -5%
Food Revenue -8%
Beverage Revenue -11%
Other F&B Revenue 1%
Other Dept Revenue -15%
Miscallaneous Income -7%
Total Revenues -7%
Rooms Expense -4%
F&B Expense -10%
Other Dept Expense -24%
Department Profit -5%
A&G 6%
I&TS 3%
Marketing -6%
Utilities 22%
POM 3%
GOP -9%
Insurance -1%
EBITDA -12%
Total Labour 4%
-30 -20 -10 0 10 20 30
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* STR’s Profitability Report sample in Kuwait currently consists of 15 hotels. For more information or if you wish to participate with your hotel please contact profitability@str.com