For many years, Hoteliers and CPAs supporting Hotel owners have been forced to use standard out-of-box accounting packages that are way too horizontal and rely on one size fits all kind of mindset. Today's small and cheap accounting package handles only standard functions and leaves a lot of room for manual data entry and laborious reconciliation processes.
Read MoreBiggest misconception in POST COVID era is inflation may be transitory and costs will come down, trend lines don’t support this misconception. Hoteliers will have to be ready to accept the ongoing reality of rising labor costs hurting their profits.
Read MoreWith Covid past us, Hoteliers are grappling with a work from home shift in culture just like all other industries. Remote working hasbrought its own perils especially related to cybersecurity risks
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