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Boutique Hotel Financial Projection Template Spreadsheet

Purchase the boutique hotel financial projection template online at Projection Hub. Our revenue models for boutique hotels can give you a 20-hour head start when preparing for the future. Download the boutique hotel financial projection template from our store today!

How it works?

Boutique Hotel Financial Projection Template Spreadsheet

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Based on our experience helping thousands of businesses create financial projections, our CPA decided to build a financial projection template specifically designed for boutique hotels.  

How it works?

Other Types of Businesses that have used this template

Watch a demo of the template

Save time & money - get organized with our template!

Get a boutique hotel template now for $99

The template price: $

99

USD

100% money-back guarantee if you are not satisfied.

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-usefinancial projection template for your business model

Get the template

Step 2: Enter your assumptions on the input tabs

Hotel Revenue Projections

  • The revenue model will help you predict your revenue by determining your number of rooms, average revenue per room, and average number of rooms occupied for both weekends and week nights. ​The model can also take variable expenses like laundry, toiletries, cleaning labor, etc. into account. Revenue and direct expenses will be predicted for sixty months and then will be automatically carried to the financial statements. 

Hotel Operating Expenses

  • You will be able to enter in overhead expenses like utilities, insurance, security, maintenance, cleaning etc.  You will also be able to enter in variable expenses that are a percentage of sales such as credit card payment processing fees. 

General Hotel Financial Assumptions 

  • The general assumptions tab will guide you to enter balance sheet items such as fixed assets like the building, furniture and other equipment. You can also enter loans, investments, inventory assumptions. Once you enter in the basic assumptions the model will calculate things like: loan amortization, interest expense, depreciation expense, inventory purchases, etc. 

The Salaries and Distributions Model

  • The salaries and distributions model helps calculate monthly expenses for salaried employees, including items like employer taxes and benefits. This will also help you model dividends or owner distributions as well. 

Step 3: The model is automatically updated based on your assumptions

Boutique hotel financial snapshot

  • The At-A-Glace tab shows you a financial snapshot in the form of graphs, charts, ratios, and financial summaries, that you can easily copy into an executive summary or investor deck. 

Hotel Pro Forma Financial Statements

  • The financial statements can be found in both monthly and annual formats for our balance sheet, cash flow forecast and projected profit and loss. 

Hotel Investor Friendly Report

  • The Investor Dashboard tab will allow your potential investor to run different scenarios without disrupting your core spreadsheet and assumptions. The investor can see how changing key assumptions like interest rates or occupancy rates might impact the financial results and ultimately their return on investment. 
  • Your template will be ready to be delivered to potential investors after you complete filling out the necessary inputs and assumptions. If you choose, you can provide stakeholders a copy of your projections so they can play with any inputs as well. Your template will produce various pro forma statements out 5 years which are perfect for potential investors.

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table
  • ​​Cash generated from operating activities graph  
  • 5 years of monthly and annual income statement, cash flow and balance sheet reports
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insinullght to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

What others have to say about our templates

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We'll help you customize your template, add a cafe, bookstore, or brewery to your coffee shop

Frequently Asked Questions

Is a hotel business profitable?

With the correct management and the right location, a hotel business can be very profitable. On average, owners can expect to make around $49,000 - $74,000 per year. Of course this your profitability completely depends on the specific details of your hotel which is why we recommend that you use our financial projection template to develop a set of projections for your specific property. You can also view our spa and restaurant hotel financial projection template.

How much does it cost to start a hotel business?

Hotels have a slightly higher barrier to entry compared to other small businesses. If you are opening a motel that targets consumers that are seeking a low cost option, you can expect to need about 1 million in initial investment. However, an average hotel can easily cost around 20 to 30 million dollars to build and launch.

What are ways to increase hotel profitability?

The beauty of the hotel business is that much of your expenses are fixed expenses, so when you find your hotel at less than capacity for a specific night, you can reduce your prices in order to attract last minute customers.  There are very little variable costs, so any new customer you can attract each day is beneficial.  Hotel Tonight is a service that helps hotels fill their excess capacity which can make a significant difference in your bottom line. 

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get a boutique hotel template now for $99

The template price: $

99

USD

100% money-back guarantee if you are not satisfied.

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