Hospitality Financial Leadership – Why You Need to Reconcile Your Credit Cards Every Day
Hospitality Financial Leadership – Why You Need to Reconcile Your Credit Cards Every Day

Hospitality Financial Leadership – Why You Need to Reconcile Your Credit Cards Every Day
By David Lund
David Lund · 22 May

The dreaded credit card reconciliation need not be such a big deal if we bite-size it. That is what this piece is all about: How and why you should b

EHL Hospitality Business School
When business strategy rhymes with financial reporting complexity

When business strategy rhymes with financial reporting complexity
By Cédric Poretti
EHL · 19 May

The COVID-19 pandemic and the recent invasion of Ukraine are two prime examples of unanticipated shocks that have placed intense strain on companies’

What Can Hoteliers Really Learn From TrevPAR?
What Can Hoteliers Really Learn From TrevPAR?

What Can Hoteliers Really Learn From TrevPAR?
By Jason Q. Freed
myDigitalOffice · 16 May

Because it provides a more holistic view of the revenue generated across an entire property, more hospitality leaders are turning to TrevPAR (Total R

ADA Update: Accessibility Legislation and the Importance of Website Compliance
ADA Update: Accessibility Legislation and the Importance of Website Compliance

ADA Update: Accessibility Legislation and the Importance of Website Compliance
By Stuart Tubis
JMBM · 16 May

The Americans with Disability Act (ADA) is an important piece of legislation guaranteeing equal access to public facilities to the nearly 60 million

2023 Construction and Renovation P2P Trends
2023 Construction and Renovation P2P Trends

2023 Construction and Renovation P2P Trends
By Gareth Fraser

We are halfway through the second quarter of 2023 and see the hospitality industry looking forward to trends taking shape. While these trends have be

M3
Building the Best Business Intelligence

Building the Best Business Intelligence
By Casi Johnson
M3 · 11 May

You’ve seen the demos. You’ve read the tag lines. Business Intelligence is going to make your company more productive, more profitable, and more pred

10 Effective Cost-Saving Strategies for Hotels
10 Effective Cost-Saving Strategies for Hotels

10 Effective Cost-Saving Strategies for Hotels
By Patrick Landman
Xotels · 9 May

Inflation, labour issues, and rising cost to meet the needs of an increasingly tech-savvy and sophisticated guest journey.

Impact of Recent Interest Rate Increases on Commercial Real Estate Transactions and Pricing
Impact of Recent Interest Rate Increases on Commercial Real Estate Transactions and Pricing

Impact of Recent Interest Rate Increases on Commercial Real Estate Transactions and Pricing
By Luigi Major
HVS · 9 May

The COVID-19 pandemic has had a profound effect on the global economy, leading to widespread inflationary pressures. Governments around the world res

Cayuga Hospitality Consultants
Florida Jury Awards $5.6 MM For Alcohol-Fueled Pool Party Injury

Florida Jury Awards $5.6 MM For Alcohol-Fueled Pool Party Injury
By Preston Rideout

A Florida jury awards $5.6 million for a spinal cord injury sustained during an alcohol-fueled pool party at the Retreat in Gainesville. According to

CBRE Hotels
Incentive Management Fees Return with Recovery

Incentive Management Fees Return with Recovery
By Robert Mandelbaum, Tim Dick
CBRE Hotels · 3 May

Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make managem

2022 European Hotel Transactions
2022 European Hotel Transactions

2022 European Hotel Transactions
By Shaffer Patrick, Matthias Hecht, Serena Yang
HVS · 1 May

The post-COVID era was expected to have been a story of strong recovery in the hotel investment market. However, the Russian invasion of Ukraine in F

M3
Stay Innovative with Automated Hotel Processes

Stay Innovative with Automated Hotel Processes
By Shane Middleton
M3 · 24 Apr

Automation in the hospitality industry continues to evolve and represents innovation at its finest. Automated processes promote hoteliers to build fi

CBRE Hotels
Risk/Reward: Evaluating Hotel Capex Through a Finance Lens

Risk/Reward: Evaluating Hotel Capex Through a Finance Lens
By Jack Levy
CBRE Hotels · 14 Apr

Capital expenditure (Capex) deferments, impending property improvement plans (PIPs), higher interest rates, and budget constraints make the diligent

Behind BirchStreet Systems Leadership Team
Behind BirchStreet Systems Leadership Team

Behind BirchStreet Systems Leadership Team
By Gareth Fraser

At BirchStreet Systems, we’re always striving for excellence in product delivery—and that starts with excelling as a team.

Global Asset Solutions
How the Asset Manager has Moved from Elective to Essential

How the Asset Manager has Moved from Elective to Essential
By Alex Sogno

It is said that to truly learn a foreign language, one must leave the classroom and immerse themselves in that language day to day, preferably in a c

Hoteliers Move Beyond RevPAR for Comprehensive Business Intelligence
Hoteliers Move Beyond RevPAR for Comprehensive Business Intelligence

Hoteliers Move Beyond RevPAR for Comprehensive Business Intelligence
By Jason Q. Freed
myDigitalOffice · 11 Apr

Move over RevPAR, there are finally new and better hotel performance metrics in town.

‘Off the Shelf’ or ‘Have it Your Way’? How Hoteliers Should Shop for Business Intelligence
‘Off the Shelf’ or ‘Have it Your Way’? How Hoteliers Should Shop for Business Intelligence

‘Off the Shelf’ or ‘Have it Your Way’? How Hoteliers Should Shop for Business Intelligence
By Cam Troutman
Aptech · 11 Apr

The purpose of business intelligence software is problem solving. The data derived can be analyzed to deliver actionable information that helps hotel

Xenia
10 Inspections and Logs Every Hotelier Needs in 2023

10 Inspections and Logs Every Hotelier Needs in 2023
By Garrett Peppelman
Xenia · 7 Apr

Running a hotel is an intricate and demanding task, where guest satisfaction and reliable service are of utmost importance. Hotel general managers an

Evolution Of The Hotel Night Auditor Role
Evolution Of The Hotel Night Auditor Role

Evolution Of The Hotel Night Auditor Role
By Jason Q. Freed
myDigitalOffice · 7 Apr

A night auditor – the common name for an employee who works the front desk overnight – plays a crucial role in ensuring the smooth operation of a hot

E-Payments: Understanding the Last Mile of the Automation Process
E-Payments: Understanding the Last Mile of the Automation Process

E-Payments: Understanding the Last Mile of the Automation Process
By Gareth Fraser

Over the past few decades, we have seen constant advancements in automation technology, particularly when it comes to the hospitality procurement pro

Paymerang
Hospitality Industry Welcomes Streamlined Accounts Payable Automation Solutions

Hospitality Industry Welcomes Streamlined Accounts Payable Automation Solutions
By Michael Prall
Paymerang · 3 Apr

In these uncertain economic times, many businesses in the hospitality industry are putting out the welcome mat to embrace Accounts Payable (AP) autom

How Credit Suisse and UBS have been bailed out and the repercussions
How Credit Suisse and UBS have been bailed out and the repercussions

How Credit Suisse and UBS have been bailed out and the repercussions
By Giuliano Bianchi, Andrew Brenner
EHL · 3 Apr

In the wake of the 2008 bailout by the Swiss National Bank (SNB) and the Swiss taxpayer of the country’s largest systemic bank, Union des Banques Sui

Horwath HTL
Working With Hotel Owners and Investors in Challenging Times

Working With Hotel Owners and Investors in Challenging Times
By Paul Breslin
Horwath · 31 Mar

This is a thank you to the owners and investors of hotels and a pep speech for the rest of us in the industry to take care of our owners and investor

IT Hospitality
What are the biggest challenges in developing a hotel project in Africa?

What are the biggest challenges in developing a hotel project in Africa?
By Frederic Van Lennep
IT Hospitality · 30 Mar

Developing a hotel project in Africa can be highly profitable, but can also present a range of challenges.

JMBM Global Hospitality Group
Data Security and Privacy in Hospitality – Who’s Paying the Bill?

Data Security and Privacy in Hospitality – Who’s Paying the Bill?
By Robert E. Braun
JMBM · 22 Mar

One of the most valuable assets of a hotel brand is information – detailed personal information about guests at their hotels, participants in their l

Credit Suisse: What’s going on in the market?
Credit Suisse: What’s going on in the market?

Credit Suisse: What’s going on in the market?
By Giuliano Bianchi
EHL · 21 Mar

On March 13, U.S. President Joe Biden reassured the depositors and employees of two large banks, Silicon Valley Bank (SVB) and Signature Bank, that t

Using Effective Asset Management to Recover 73% Drop in Revenues from the Hotel Industry
Using Effective Asset Management to Recover 73% Drop in Revenues from the Hotel Industry

Using Effective Asset Management to Recover 73% Drop in Revenues from the Hotel Industry
By Prasanna Kulkarni, Libby Taylor
Comparesoft · 15 Mar

In the UK, the hotel industry revenues have plummeted by 73% and the businesses are still trying to recover from the pandemic.