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Hospitality Financial Leadership – Brotherly Love
I didn’t start out in the hotel business with a plan or even any desire to be a financial leader. I was going to be a GM one day. Well, all that changed in 1986.
The large downtown hotel was a big change from the youth-infused Rocky Mountain resort hotel where I…
Hospitality Financial Leadership – What’s Possible in the Future with Hotel Financial Statements
I am a big fan of the Uniformed System of Accounts for the Lodging Industry (USALI), or as she is affectionately called “You Sally.” It has been the guide that our industry uses to properly present financial information for a long…long time, in fact almost 100 years. It lays out the format for our financial statement presentation and essentially…
Hospitality Financial Leadership – Me and Stephen King
I read his book, “The Shining,” while working that first winter in the bar at the Algonquin Hotel, in St. Andrews N.B., Canada which is my hometown. The book captivated my imagination about all things supernatural and the hotel. I can say that I had more than one conversation with my Lloyd on some of those lonely nights tending…
Chapter 14 – The How To vs. The Want To
The chapter below is an excerpt from my new book. It’s fiction but some of the characters and story lines are based on people I have worked with and events that have taken place in the hotels I have worked in. The book is a fable about a hotel manager who has some very bad habits. He must change…
Hospitality Financial Leadership – The Top 7 Front Office Controls
As you know the front office is the command post for your operation, and it’s also the point where all the receipts come through. Making sure you have solid internal controls at the desk is not only good business, it’s mission-critical. Without these safeguards you are wide open and as someone once…
Hospitality Financial Leadership – Diversity in Hospitality
I have been thinking about this topic for some time. Especially now in 2020 with the social unrest in this country and elsewhere in our world I think it’s time to speak up. For me, that means offering what I think is a path to an improvement in the way we look…