David Lund
Hospitality Financial Leadership – Designing Your Financial Reporting System – A Wake-Up Call

Hospitality Financial Leadership – Designing Your Financial Reporting System – A Wake-Up Call
By David Lund
David Lund · 8 Aug

Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival.

Global Asset Solutions
Asset Managers – Specialists Only Please

Asset Managers – Specialists Only Please
By Alex Sogno

’Jack of all trades, master of none’ is an English idiom which dates from Elizabethan times, when it was once used to describe Shakespeare. It is not

CBRE Hotels
Long-Run (1946-2020) Effects of Inflation on Hotel Operating Performance

Long-Run (1946-2020) Effects of Inflation on Hotel Operating Performance
By Jack B. Corgel
CBRE Hotels · 3 Aug

The recent price surge for many goods and services in the U.S. raises the prospect for an extended period of persistent high inflation. Conventional

Global Asset Solutions
When Big Data Kicks in, is Excel Still Needed in Hotel Asset Management?

When Big Data Kicks in, is Excel Still Needed in Hotel Asset Management?
By Alex Sogno

Learn more about the pros and cons that come with both IT software and traditional spreadsheets.

CBRE Hotels
Quantifying The Franchise Relationship During COVID-19

Quantifying The Franchise Relationship During COVID-19
By Robert Mandelbaum
CBRE Hotels · 1 Aug

In 2020, the average hotel in CBRE’s annual Trends® in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes

M3
What is Same-Day-Pay and Is It Here to Stay?

What is Same-Day-Pay and Is It Here to Stay?
By Haley Wolf
M3 · 29 Jul

Wouldn’t it be nice if you could get paid daily for the number of hours you work, or if you could find a simple way to attract talent as an employer?

The Buzz About BirchStreet: Interview With Tech Visionary and BirchStreet CEO Brendan Reidy
The Buzz About BirchStreet: Interview With Tech Visionary and BirchStreet CEO Brendan Reidy

The Buzz About BirchStreet: Interview With Tech Visionary and BirchStreet CEO Brendan Reidy
By Alan Young

Within hospitality, it’s common for tenured leaders to wear many hats and champion new territory as they continuously cultivate and share their indus

Amadeus Hospitality
3 Steps to Consider Before Investing in New Hotel Technology

3 Steps to Consider Before Investing in New Hotel Technology
By Paul Barron
Amadeus · 18 Jul

Take a second and think back to 2019. After everything, it feels more like 30 years ago, never mind three years ago. Some studies even go so far as t

David Lund
Hospitality Financial Leadership – How to Do a Breakeven Analysis Using REVPAR

Hospitality Financial Leadership – How to Do a Breakeven Analysis Using REVPAR
By David Lund
David Lund · 18 Jul

I have recently read more than one article on breakeven analysis and they all miss the mark in my books because they focus on what occupancy is neede

M3
Tips, Tricks, and Best Practices – Reducing the Risk of Fraud

Tips, Tricks, and Best Practices – Reducing the Risk of Fraud
By Scott Watson
M3 · 15 Jul

Mail-related check fraud has been rising since last August, according to the Evidence-Based Cybersecurity Research Group at Georgia State University,

M3
The Importance of On-the-Go Reporting – Insight Mobile App

The Importance of On-the-Go Reporting – Insight Mobile App
By Haley Wolf
M3 · 14 Jul

On-the-go reporting is important for businesses to stay up to date on their data and influence growth. This technology can revolutionize the way you

Quieting the Noise in Economic Impact Estimates
Quieting the Noise in Economic Impact Estimates

Quieting the Noise in Economic Impact Estimates
By Thomas A. Hazinski
HVS · 14 Jul

An assessment of the accuracy of traditional approaches to valuing the economic contribution of convention, sports, and entertainment venues reveals

EHL Hospitality Business School
Understanding the role of a Hotel Asset Manager

Understanding the role of a Hotel Asset Manager
By Heinz Wehrle
EHL · 13 Jul

Insights about the job description and specific tasks of a Hotel Asset Manager by visiting lecturer, Heinz Wehrle. Hotel Asset Management requires a

Hospitality Financial Leadership - Why Auditors Miss the Mark
Hospitality Financial Leadership - Why Auditors Miss the Mark

Hospitality Financial Leadership - Why Auditors Miss the Mark
By David Lund
David Lund · 27 Jun

I recently watched a documentary on fraud and why the auditors were unable to detect anything even when they were right on top of what was so obvious

Profiles in Success: Paul Rantilla, Chief Commercial Officer at BirchStreet Solutions
Profiles in Success: Paul Rantilla, Chief Commercial Officer at BirchStreet Solutions

Profiles in Success: Paul Rantilla, Chief Commercial Officer at BirchStreet Solutions
By Alan Young

Over the years, I’ve had the pleasure of meeting and sharing ideas with some of the brightest minds in hospitality. Many of these tenured professiona

HVS
Will Travel Defy Inflation?

Will Travel Defy Inflation?
By Mandeep S Lamba, Dipti Mohan
HVS · 20 Jun

Inflation is soaring in many countries due to a combination of factors such as rising fuel prices, ongoing supply disruptions, strong demand, and the

JMBM Global Hospitality Group
Is your California alcoholic beverage outlet ready for new August 1, 2022 ABC certification of all alcoholic beverage servers and managers?

Is your California alcoholic beverage outlet ready for new August 1, 2022 ABC certification of all alcoholic beverage servers and managers?
By Jim Butler
JMBM · 15 Jun

A new law that many of the affected people have never heard about becomes effective July 1, 2022. It all involves liquor licenses from the California

Restaurant managers: Why it’s time to hone your math skills
Restaurant managers: Why it’s time to hone your math skills

Restaurant managers: Why it’s time to hone your math skills
By Marija Vukovic

Here’s the harsh reality: one in three restaurants will fail within their first year of business, according to the National Restaurant Association. T

JMBM Global Hospitality Group
ADA Defense Lawyer: DOJ Issues Website Accessibility Guidelines On Website Accessibility

ADA Defense Lawyer: DOJ Issues Website Accessibility Guidelines On Website Accessibility
By Stuart Tubis
JMBM · 9 Jun

Recently on March 18, 2022, the U.S. Department of Justice (DOJ) issued a “Web Accessibility Guidance” statement for state and local governments and

Hotel Mogel Consulting Limited
The Three Domains of Protecting Hotel Payments and Revenues

The Three Domains of Protecting Hotel Payments and Revenues
By Larry Mogelonsky

With so many difficulties from the pandemic still playing out, the calendar year of 2022 for hospitality will mark a dedicated stretch of time for co

How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates
How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates

How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates
By Jack B. Corgel
CBRE Hotels · 1 Jun

On December 31, 2021, the constant maturity, 10-year U.S. Treasury note (the 10-year) stood at 1.52 percent. The 10-year now hovers around 3.0 percen

CBRE Hotels
Hotel Property Taxes – An Opportunity to Cut a Cost

Hotel Property Taxes – An Opportunity to Cut a Cost
By Robert Mandelbaum, Mark Whitney
CBRE Hotels · 27 May

According to the March 2022 edition of CBRE’s Hotel Horizons® national forecast report, the total revenue for a typical U.S. hotel is not expected to

HVS
Driving GOP During Inflationary Growth and Rising Labor Costs

Driving GOP During Inflationary Growth and Rising Labor Costs
By Susan Furbay
HVS · 25 May

High staff turnover has always been one of the biggest management challenges faced by owners and operators in the hospitality industry. But now, as t

Global Asset Solutions
How To Enhance Hotel Asset Value in Post-Closing Adjustments

How To Enhance Hotel Asset Value in Post-Closing Adjustments
By Alex Sogno, Dimitris Mittas

The value of real estate can be protected and enhanced when negotiating post-closing price adjustments. After legal closing, the purchase price true-

In Extenso Avocats
Coliving, the on-trend alternative to hospitality in France: Miracle or mirage?

Coliving, the on-trend alternative to hospitality in France: Miracle or mirage?
By Christopher Boinet, Thibault Stephan

A recent arrival from across the pond, coliving blends shared accommodation and apart-hotel services, combining communal living with amenities that c

Profiles In Success: BirchStreet Systems, the Procure-to-Pay Automation Platform That Is Leading the Way to a More Automated Future for Hospitality and Travel
Profiles In Success: BirchStreet Systems, the Procure-to-Pay Automation Platform That Is Leading the Way to a More Automated Future for Hospitality and Travel

Profiles In Success: BirchStreet Systems, the Procure-to-Pay Automation Platform That Is Leading the Way to a More Automated Future for Hospitality and Travel
By Alan Young

What makes a hotel successful? The answer likely varies, depending on who you ask, and, often, guest experience receives the most attention as the ke

David Lund
Hospitality Financial Leadership - The Bridge

Hospitality Financial Leadership - The Bridge
By David Lund
David Lund · 16 May

In our lives we are continuously evolving as people. When thought of most of the time, this evolution seems like a continuous stream of challenges to