Financial Reporting

F TAR W – The Secret Monthly Formula to Create Financial Leadership In Your Hotel

F TAR W – The Secret Monthly Formula to Create Financial Leadership In Your Hotel


Coming Soon in 2022  – The Prosperous Hotelier

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Hospitality Financial Leadership – Why You Need an Internal Control Review Program in Your Hotel – ICR

Here’s the scenario. You have finally got a full-blown accounting policy manual in place. It has taken several months and a lot of work, but it’s done. Something to be proud of indeed! But wait a minute, it seems like no one knows about these policies and whenever you speak about such and such internal control not being followed,…

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Hospitality Financial Leadership – Designing Your Financial Reporting System – A Wake-Up Call

Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival. Without this regular reporting, you are really flying by the seat of your pants. But what exactly do you need to be looking at and who produces it and…

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Hospitality Financial Leadership – How to Do a Breakeven Analysis Using REVPAR

I have recently read more than one article on breakeven analysis and they all miss the mark in my books because they focus on what occupancy is needed. Occupancy is only half of the final recipe.

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