Benchmarking is the systematic comparison of your own KPIs with industry reference values or comparable businesses — to identify strengths, weaknesses and potential objectively. In German hospitality, DEHOGA operating comparisons, tax-advisor industry data (e.g. DATEV) and your own history provide the yardsticks. The value lies not in the number itself but in the question it raises: why do we deviate — and do we want to?
Enter four ratios — deviation traffic lights against typical reference bands appear instantly.
Classification for food-led restaurants; hotels and bars differ. Traffic lights: 🟢 in/better than the target band, 🟡 at the edge, 🔴 clearly outside — reference values don't replace a real peer comparison of similar size and location.
| Level | Source | Good for |
|---|---|---|
| Own history | POS, BWA, prior years | Spotting trends — the most honest basis, same conditions |
| Industry references | DEHOGA comparisons, DATEV industry data, trade literature | Rough positioning, arguments with banks & in lease negotiations |
| Peer comparison | Peer groups, consultant pools, cooperations | The most valuable: same league, real numbers, honest talks |
DEHOGA state associations (operating comparisons for members), your tax advisor (DATEV industry evaluations matching your business type and size class) and peer groups. Beware of unsourced blanket internet values.
Especially then: not every figure must fit, but prime cost, occupancy costs and result follow the same logic in every concept. And your own history is always comparable.
Core ratios monthly with the BWA; the big industry/peer comparison once or twice a year — e.g. for budgeting and after the season.