Hotel Financial Leadership

Information on hotel financial leadership

Hospitality Financial Leadership – White Paper on a 6-Month Client Workshop and Coaching Engagement – Part 1 of 3

The following is an overview of a six-month financial leadership project that I recently completed at a full-service hotel. The project consisted of six half-day hospitality financial leadership workshops delivered in-house and monthly 1-1 leadership coaching appointments with the 15 managers assigned to the program. Each month of the project we completed a group workshop...

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Hospitality Financial Leadership – The Trip to the Psychologist

In life I have always believed I should seek professional help whenever necessary: doctors, dentists, accountants, mechanics, coaches and psychologists too. My father always said, “If you don’t know what you’re doing with what you think you are trying to fix, go see someone who knows what the hell they are doing—you have no place...

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Hospitality Financial Leadership – Overcoming Challenges – Niki Lauda

I’ve been through a lot and I realize the future can’t be controlled. I’m not worried. You can always learn to overcome difficulties. – Niki Lauda Overcoming a setback like a divorce or losing a job is very challenging. Overcoming and moving on after nearly being burned to death must be incredibly difficult. Niki has always...

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Hospitality Financial Leadership – Four Important Things to Know

I want to share with you what I learned by delivering financial leadership workshops and coaching. If you would like a copy of any of the following send me an email at david@hotelfinancialcoach.com EFTE and Productivity Exercise Hotel Financial Policy Manual – Inventory of “Sections” Hotel Financial Coach “Services Sheet” F&B Productivity Spreadsheet Rooms Productivity...

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Hospitality Financial Leadership – Using EFTE’s In Your Financial Reporting

If You Can’t Measure It, You Can’t Improve It. Management thinker Peter Drucker is often quoted as saying, “You can’t manage what you can’t measure.” Drucker means that you can’t know whether or not you are successful unless success is defined and tracked. In the hotel business payroll is the number one cost. STR recently...

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