Fed Rate Hikes Are ‘Emptying the Ocean of the Water,’ Barry Sternlicht Says
Fed Rate Hikes Are ‘Emptying the Ocean of the Water,’ Barry Sternlicht Says

HotelNewsNow · 8 Dec

As the Federal Reserve is expected to hike interest rates again next week in its attempt to curb high inflation, billionaire real estate investor Bar

Le Collectionist raises €6­0m to consolidate its global leadership position in the luxury holiday industry
Le Collectionist raises €6­0m to consolidate its global leadership position in the luxury holiday industry

Le Collectionist · 8 Dec

Le Collectionist – the highest-rated luxury holiday brand in the world enabling discerning travellers to share the joy of exceptional, tailor-made re

Why Hospitality Financial Leadership is More Important Than Ever
Why Hospitality Financial Leadership is More Important Than Ever

Why Hospitality Financial Leadership is More Important Than Ever
By David Lund
David Lund · 8 Dec

With the rapid changes we have seen since 2020 in hospitality comes many additional challenges. It seems like everything is up for grabs these days.

Hotel Payments: Merchant IDs, Category Codes & The Cost of Misuse
Hotel Payments: Merchant IDs, Category Codes & The Cost of Misuse

Sertifi Blog · 7 Dec

Online purchasing is easier and faster than ever for consumers – but behind the scenes, a complex system is hard at work to process your hotel paymen

Guide: 6 Hidden Costs in Payment Processing
Guide: 6 Hidden Costs in Payment Processing

Sertifi · 6 Dec

Avoiding downgrade fees that cost a casino $56k in a year. Avoiding $5k-$100k per month in noncompliance penalties. The rise of fraud and the expecte

IRIS announces hospitality partnership with FreedomPay to enhance the guest experience
IRIS announces hospitality partnership with FreedomPay to enhance the guest experience

IRIS Software Systems · 5 Dec

IRIS today announced a strategic partnership with FreedomPay, the global leader in Next Level Commerce™ technology that is powering the leading hospi

David Lund
Hospitality Financial Leadership – How to Prepare a 5-Year Proforma

Hospitality Financial Leadership – How to Prepare a 5-Year Proforma
By David Lund
David Lund · 5 Dec

Preparing a five-year financial plan for your hotel might sound daunting, but it is all in your head. Let’s lay it out. You are either dreaming about

The 2022 BirchStreet Customer Conference: A Memorable and Impactful 20th Anniversary Celebration
The 2022 BirchStreet Customer Conference: A Memorable and Impactful 20th Anniversary Celebration

BirchStreet Systems · 1 Dec

Every year, the Birchstreet team and, more importantly, our partners look forward to the BirchStreet customer conference. As a technology provider, w

Using Data to Make Sense of a Dynamic Forecasting Environment
Using Data to Make Sense of a Dynamic Forecasting Environment

Using Data to Make Sense of a Dynamic Forecasting Environment
By Jason Q. Freed
myDigitalOffice · 1 Dec

Hopefully by this time you’ve wrapped up another challenging budgeting process for the year ahead, and although there are likely a lot of unanswered

Covid-19 and unpaid rent on commercial leases in France: the French Court of Cassation rules in favour of landlords
Covid-19 and unpaid rent on commercial leases in France: the French Court of Cassation rules in favour of landlords

In Extenso Avocats · 30 Nov

In 4 rulings handed down on 30 June and 23 November 2022, the French Court of Cassation ruled that commercial tenants cannot claim exemption from ren

M3 Minutes - Accounting Core with Sean White
M3 Minutes - Accounting Core with Sean White

M3 · 30 Nov

We discuss #AccountingCore with M3’s Director of Product Management, Sean White, as he talks all about our flagship product and how it’s the most pop

Valuing Hotels Amid Rising Capital Market Costs: A Case Study
Valuing Hotels Amid Rising Capital Market Costs: A Case Study

Valuing Hotels Amid Rising Capital Market Costs: A Case Study
By Anne Lloyd-Jones
HVS · 30 Nov

The capital markets have experienced a signficant shift in the past six months, and financing for hotel projects is both less available and more expe

Popular Bleisure Hotel, Resort & Conference Center in Chicago Says Simplicity, Accessibility is Key to Smooth Financial Management
Popular Bleisure Hotel, Resort & Conference Center in Chicago Says Simplicity, Accessibility is Key to Smooth Financial Management

Aptech · 30 Nov

For the Hilton Chicago and Oak Brook Hills Resort & Conference Center, the simplicity and accessibility of its enterprise accounting solution is key

Commercial and civil hotel leases in the French hotel industry: comparison and issues
Commercial and civil hotel leases in the French hotel industry: comparison and issues

In Extenso Avocats · 29 Nov

It would be a misnomer to state that all commercial premises leased in the French hotel sector are subject to a commercial lease.

How to Market & Message In a High Interest Rate Environment
How to Market & Message In a High Interest Rate Environment

Milestone Insights · 28 Nov

Credit Unions throughout the U.S. are working hard to provide the right mix of services to members during the current period of inflation and high in

Spirides Provides $14 Million Construction Financing for Major League Baseball Player Hotel in Dunedin, FL
Spirides Provides $14 Million Construction Financing for Major League Baseball Player Hotel in Dunedin, FL

Spirides Hotel Finance Company · 28 Nov

Spirides Hotel Finance Company has successfully provided, and the borrower has officially closed $14 million in construction-to-permanent mortgage fi

JMBM Global Hospitality Group
Hotel Lawyer: FinCEN Issues Final Rule for CTA’s Beneficial Owners Reporting Requirements

Hotel Lawyer: FinCEN Issues Final Rule for CTA’s Beneficial Owners Reporting Requirements
By Vince Farhat, Alan Azar
JMBM · 25 Nov

Effective January 1, 2024, companies will have to report their beneficial owners to the U.S. Department of the Treasury’s Financial Crimes Enforcemen

Hotel Lawyer: FinCEN Issues Final Rule for CTA’s Beneficial Owners Reporting Requirements
Hotel Lawyer: FinCEN Issues Final Rule for CTA’s Beneficial Owners Reporting Requirements

Hotel Law Blog · 23 Nov

Effective January 1, 2024, companies will have to report their beneficial owners to the U.S. Department of the Treasury’s Financial Crimes Enforcemen

Amadeus and Pattern Expand Partnership to Bring Seamless Insurance Options to UK Travel Agents
Amadeus and Pattern Expand Partnership to Bring Seamless Insurance Options to UK Travel Agents

Amadeus · 22 Nov

As travel continues on its road to recovery, some uncertainty remains, and therefore it’s important travelers protect their upcoming trips against an

Hospitality Accounting Professionals: All the Reasons to Love What You Do

HFTP Connect · 21 Nov

As the U.S. Thanksgiving holiday approaches, here is a reminder of what our accounting members should be thankful for this year. Written by: Katie Pa

Hotel night auditor: What is it, and what are their duties?

SiteMinder Blog · 21 Nov

In this post, we answer the question "just what does a hotel night auditor do?", before exploring their responsibilities and the hallmarks of what ma

Generational Patterns that Financial Services Marketers Should Consider
Generational Patterns that Financial Services Marketers Should Consider

Milestone Insights · 15 Nov

The rapid development of technology and shifting social priorities has resulted in generational patterns between Boomers, Gen X, Millennials, and Gen

Is There a Right Way to Raise Prices?
Is There a Right Way to Raise Prices?

Modern Restaurant Management · 15 Nov

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising

Accor’s Bazin Shares Hotel Industry Outlook and Reflects on How the Business Has Changed in 10 Years
Accor’s Bazin Shares Hotel Industry Outlook and Reflects on How the Business Has Changed in 10 Years

HotelNewsNow · 15 Nov

Accor CEO and Chairman Sébastien Bazin admits that finding capital on Wall Street today is the hardest it has been for a decade.

European Court of Justice to clarify competition law questions for online travel agencies
European Court of Justice to clarify competition law questions for online travel agencies

European Court of Justice to clarify competition law questions for online travel agencies
By Ben Schroeter
Booking.com · 11 Nov

Online travel platforms increase choice and transparency for consumers and make it easier for hotels to reach a worldwide audience. Parity clauses, w

It’s Launch Day For Growth Advisors International Network - GAIN
It’s Launch Day For Growth Advisors International Network - GAIN

GAIN - Growth Advisors International Network · 10 Nov

Today marks the official launch of Growth Advisors International Network – GAIN, bringing together some of the world’s most experienced strategic lea

Frontline Success Leader Beekeeper Lands $50 Million Series C
Frontline Success Leader Beekeeper Lands $50 Million Series C

Beekeeper · 9 Nov

Beekeeper, the leading frontline success system, today announced it has raised $50 million in Series C funding after more than doubling revenues sinc