General

Hospitality Financial Leadership – Internal Control Reviews

Hot on the heels of creating a hotel policy manual is the newfound ability to create an internal control review process. Policies are all about the rules of the road and the ICR is all about the roadside check stop.

“Excuse me, Sir, have you been drinking tonight?”

“Why no,…

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Hospitality Financial Leadership Recipe – Owners, Not Victims Please

Being a financial leader means you own the result. There is no room for a victim or victim thinking when it comes to leading the financial piece. The challenges demand the type of ownership that takes each situation and finds the opportunity in it.

“A pessimist sees the difficulty in every…

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Hospitality Financial Leadership – The Truth About Being A Financial Leader

The truth is your team members and leaders in your hotel want to be financial leaders. They want to know, understand and speak financials. They know it’s the ticket to the big time, without financial skills and a solid understanding of the numbers they are not going to excel in their…

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Begin With The End In Mind – Creating a Financially Engaged Leadership Team In Your Hotel

Creating a financially engaged leadership team in your hotel is no different than creating a strong guest service culture or a team that has colleague and leader engagement as their mission. What you attend to grows, it’s that simple. What’s different with the finances is you and your focus. The picture…

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OTA Disruption?

A Light in the Tunnel –  In the On-Line Travel Agency Hold

More Creative Disruption?

The On-Line Travel agents, The Expedia’s of the world started it all for the hotel business and served as disruption model for many other ideas and innovations. Has the time come for their disruption? Like a…

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