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Forecasting is incredibly important because we need a fresh and current plan to help us execute our financial strategy and as the saying goes, “Without a map any road will take you where you want to go.” I know for many hotels the idea of having a monthly forecast seems far-reaching and…

After recently completing a policy manual for a client, I want to share what worked for this hotel company and what could work for you. I also want to clear the air on policy vs. procedure.

I know it is a big challenge to get a policy manual together for a hotel…

There has been a great deal of progress and technology that helps hotels and businesses in general keep better financial information. This story is about the early days and how things changed rapidly in my world. With those changes came opportunities. I also remember how some struggled with all the changes. It in turn makes me think of the…

More than ever our industry is facing big challenges when it comes to attracting a workforce. With the current unemployment situation who knows what will emerge once people start to travel again.

Typically, when there is a crisis in hospitality, we are one of the first industries to release people from their…

Practice is what we are missing. Practice with the financial piece is somehow a foreign concept. But in the hotel world practice is everywhere, right?

If you and I worked in banquets and we were both rookies, we would show up every day and listen, work and learn, and in a relatively…

Three Ways You Can Create a Policy Manual For Your Hotel Company Today

I have a complete Hotel Accounting Policy Manual with 500-plus policies in 33 separate sections available for you today plus my 12-month Internal Control Review Program.

Here are three ways I can help you create a policy manual with…