Opportunity
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 – Closing Costs
In my life, there are few if any financial moments that have created a lasting positive memory. At least that is how it has been for me. Not too many earth-shattering activities, but one on the money side stands out. So that is what this one is about, one of those moments where a financial miracle happens, and it…
Guest Post by: Alicia Rother, 5 Strategies for Navigating Financial Challenges in the Hospitality Industry
The hospitality industry has long been a cornerstone of the global economy, providing millions of jobs and contributing significantly to local economies.
However, recent times have put this industry to the test like never before. The COVID-19 pandemic, economic downturns, and shifting consumer preferences have created significant financial hurdles for businesses in the hospitality sector.
According to the World Travel…
Hospitality Financial Leadership – Why Technology Has the Hotel Business Bootstrapped
Bootstrapping is a statistical metric that uses random sample replacements. That definition is not for me, so bootstrapping also has a broader slang meaning that most people get.
Hospitality Financial Leadership – Workshops For Non-Financial Managers
It’s Not Accounting – It’s Business Thinking & It’s Not the Hard Part of Hospitality!
The training is designed for Operational Leaders.
It’s business thinking that non-financial managers need from you, not accounting.
Ten workshop modules to train your non-financial leaders. The online or in-person workshops can be customized in number, length and frequency to meet your organization’s…