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Hospitality Financial Leadership – Owed to Canadian Rock Legends – RUSH
For most people we all have our song of life, that special time and genre, and maybe even a band or artist that really captures the essence of who we were then, and it marked a turning point in our younger lives. For me it was definitely Rush! I can vividly remember when I first heard the song from the…
Hospitality Financial Leadership – Putting a Dollar Value on a Hotel
Determining the current selling or asking price for a hotel is a bit tricky. Compared to estimating the present value of a house it’s more like a detailed math exercise rather than a google search on Redfin. That’s what this piece is all about, how you can estimate the value, AKA sales…
Hospitality Financial Leadership – $600,000 Trash Can
Hospitality Financial Leadership
$600,000 Trash Can
A 30-year hotel vet, David has seen everything, a lot of which he shares in his book, The Prosperous Hotelier. Susan and David talk about railroads, scams, and Russians.
Susan’s Top Floor podcast is awesome. She asks the tough questions.…
Hospitality Financial Leadership – The Six Components of GOPPAR
Hospitality Financial Leadership
The Six Components of GOPPAR
Purchase on Amazon in paperback,…
Hospitality Financial Leadership – The Top 10 Cash Controls
Cash is King. That’s an old expression but it’s also one that still rings true today. Everyone likes cash even if we don’t carry so much with us personally anymore. It’s important to recognize that some people will help themselves to your cash if you let them. That might sound extremely clinical and…
Hospitality Financial Leadership – Dr. Panoz
Scotland
During my career inside hotels, I had the pleasure of opening and transitioning several hotels to our brand, processes and systems. This was always a lot of work but well worth it because you got to meet a lot of new cool people and on top of that traveling to some pretty nice locations.
One of the best…