Learn the “Seven Secrets of Hospitality Financial Leadership”
The single most critical element of financial leadership in your hotel is the effectiveness of your financial professional. How well they communicate and how much people want to follow their direction are the measures of success or failure. As a financial leader in hospitality this is the highest form of your leadership – being the Director of Finance who communicates effectively and who managers want to follow.
How much more profitable could your hotel be if the department managers effectively planned and executed the hotel’s budget and forecast in all areas? Having a financially engaged leadership team in your hotel is the key; it minimizes surprises and produces an excellent “Return on Investment.” How can a financial leader accomplish this?
When financially engaged department managers know how to track revenues, adjust expenses and flex their labor, hotel profits quickly and dramatically increase. Revenue, expense and payroll no longer produce surprises. They produce predictable and consistent results month after month. That is the power of a highly aligned leadership team with a proven financial “system” to follow. Leadership around the numbers is the key. Learning and practicing the strategies to become an effective financial leader is an investment.
In the hotel business we know the guests come first, but your organization’s capacity for financial performance is constantly being put to the test. Managing and delivering superior financial results is the goal and you’re the quarterback. You know you cannot do this alone and you want to proudly lead a hotel team that is on top of its numbers. In hospitality, managing the numbers outside of the office and developing the operational team to achieve consistently better results are the highest forms of your leadership.
In this session you will learn what sets you apart as a financial leader and how to truly “serve” your operations team.
My presentation is designed to educate the audience. The results I create are:
- Financial professionals will see that every leader in the hotel can contribute financially.
- Understanding the 3rd pillar of hospitality, uncovering the formula for financial leadership.
- A simple 5-step hotel financial communication system to follow that produces results.
- Learn how to create agreements with other managers and drop your expectations.
- The secret to get department heads to want responsibility for their numbers.
- Build a commitment to your operational managers’ personal development.
- How to measure ROI with financial leadership training in your hotel.
- Get the most from your career and become the leader you want to be.
Bio – David Lund is The Hotel Financial Coach, an international hospitality financial leadership pioneer. He has held positions as Regional Financial Controller, Corporate Director and Hotel Manager with a major international brand for over 30 years.
He authored an award-winning workshop on Hospitality Financial Leadership and has delivered it to hundreds of hotel managers. David coaches hospitality executives and delivers his Financial Leadership Training throughout the world, helping hotels increase profits and build financially engaged management teams.
He speaks at hospitality company meetings and associations. He has had more than 100 articles published in hotel trade magazines and he is the author of two e-books on Financial Leadership. David is a Certified Hotel Accounting Executive through HFTP and a Certified Professional Coach.
On Line Hotel Industry – Publication Links
Speaker demo links
What is Financial Leadership? Hotel Productivity Killers! & How to Turn $250 in Savings into a Million Dollars in Asset Value!
https://hotelfinancialcoach.com//hotelfinancialcoach.com//www.youtube.com/watch?v=O5EjWPZKVdY&t=11s
https://hotelfinancialcoach.com//hotelfinancialcoach.com//www.youtube.com/watch?v=pjXKuWryg1c&t=9s
https://hotelfinancialcoach.com//hotelfinancialcoach.com//www.youtube.com/watch?v=B3xP2j05QF0
Speaking & Workshop Highlights
2018 – Hotel Association of Vancouver
2018 – Sunswept Resorts – St. Lucia
2018 – Calgary Hotel Association
2018 – The Ohio Hotel Association
2018 – Baywood Hotels – San Antonio, Texas
2018 – Atlific Hotels – British Columbia and Alberta
2018 – Virgin Hotels – Chicago
2018 – California Hotel and Lodging Association
2018 – Orange County Hotel Association
2018 – Alberta Hotel & Lodging Association
2018 – OC Talk Radio – California Hotel Show
2018 – Kriya Hotels, Dallas, Texas
2018 – HSMAI – Vancouver British Columbia, Canada
2018 – The Fairmont Orchid, Kona, Hawaii
2017 – The Meritage Hotel and Spa, Napa California
2017 – Best Western Hotel, Kelowna, British Columbia
2017 – Relais & Chateaux, Langdon Hall, Cambridge, Ontario
2017 – British Columbia Hotel Association
2017 – Alberta Hotel & Lodging Association
2017 – Ocean House, Watch Hill, RI
2017 – Group H3M – Saskatoon, SK
2017 – Hilton Hotels, Salt Lake City, UT
2017 – Pacific Hospitality Group, Newport Beach CA
2017 – Pasea Hotel, Huntington Beach CA
2016 – HFTP – San Diego
2016 – AAHOA
2016 – HFTP – Santa Barbara
2016 – Lodging Leaders Interview
June 2016 – New Orleans – HITECH – HFTP
April 2016 – Milwaukee – HFTP
January 2016 – HFTP– Los Angeles Chapter
June 2015 – Fairmont Boston Copley Plaza
April 2015 – Fairmont Chateau Whistler
March 2015 – Four Points Sheraton, Kelowna BC
February 2015 – Delta Hotels, Burnaby BC
March 2015 – HFTP – Monterey Chapter
December 2014 – Fairmont Chateau Lake Louise, Alberta
December 2014 – Fairmont Palliser Hotel, Alberta
November 2014 – Watermark Beach Resort, Osoyoos BC
November 2014 – Fairmont Vancouver Airport
September 2014 – Claremont Hotel, Berkeley, CA
November 2013 – Coast Hotels, Vancouver BC
October 2013 – HFTP – San Francisco Chapter
Are you a leader on the move? Are you looking for a way to improve your hotel financial leadership skills? Give me a call or send me an email to connect and let’s discuss how I can help you with a 1-1 coaching package tailored just for you. It’s the fast lane to greater career success and your own personal prosperity.
Are you thinking about your management team and what to engage them with this year? Consider a half day hospitality financial leadership workshop.
Do you need a dynamic “hotel” speaker with a unique and creative financial leadership message for your next event?
Call or write today and arrange for a complimentary discussion on how you can create more profits in your hotel by working with me.
Give the coach a call today and let’s get going!
If you would like a copy of any of the following send me an email at
- RevPar Index Spreadsheet
- Incentive Plan Template
- EFTE and Productivity Exercise
- Hotel Financial Policy Manual – Inventory of “Sections”
- Hotel Financial Coach “Services Sheet”
- A White Paper – Creating a Hotel Policy Manual
- F&B Productivity Spreadsheet
- Rooms Productivity Spreadsheet
- Financial Leadership Recipe F TAR W
- A White Paper – A Six Month Workshop and Coaching Assignment
- Hotel Financial Coach – “Speaking Sheet”
- Flow Thru Cheat Sheet – Enhanced
Visit my website today for a copy of my FREE guidebook
The Seven Secrets to Create a Financially Engaged Leadership Team in Your Hotel
www.hotelfinancialcoach.com