Revenue from hotels has never been more complicated. Hotels will offer rooms and services through a diverse range of channels
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Revenue from hotels has never been more complicated. Hotels will offer rooms and services through a diverse range of channels
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January ushers in something fresh: new hopes, desires, and goals to pursue. It is always the beginning that determines the
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For hotel controllers, the first month’s closure is more than simply a reporting milestone; it serves as the basis for
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For most hotels, the post-holiday period is when financial reality sets in. The surge in demand that justified elevated staffing
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On paper, it sounds thrilling to grow from one hotel to five, ten, or thirty to increase footprints, seize new
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Hotel Industry is living in the automation era, where the business and accounting operations have become swift and most of
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Year-end is a key time for hotel controllers, requiring both precision and forethought. The financial records must be precise, open,
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Revenue in hospitality is made when every dollar is captured, recorded, reconciled, billed, and protected, rather than when the guest
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Each hotel transaction tells a story. A visitor pays with American Express and checks out early. Another uses Visa to
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Managing accounts payable is a burden that every hotel controller and CFO understands. Housekeeping supplies, maintenance repairs, food and beverage
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