Nimble Property Blog

Top 4 Accounting Challenges Hotel Industry Facing the Today

It’s no secret that in hotel business world, accounting and finances sound to be complex for many hoteliers as they

Oftentimes, hotel management companies experience fluctuation in balancing their large number of properties across hotels and portfolios. This is the

The hotel industry today witnesses cutthroat competition from all quarters, which is why taking care of one’s business especially from

Running a hotel unit, irrespective of whether it is a single property or chain of properties is a task in

Not a single day passes by without we hearing about coronavirus COVID19’s negative effect on the travelling and hospitality industries.

Like we all know, last year was full of disruption due to COVID, but it has also proved to be

According to the STR’s February monthly P & L data release of 2021, U.S. hotel gross operating profit per available

The global COVID-19 outbreak changed the way hotel industry operate and led to an acute shortage of accounting workflow due

While the pandemic disruption has plunge hospitality business to a halt, hoteliers continue to push through the low occupancy situation