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

Hospitality Financial Leadership - The Two Principle Financial Statements and the Link
Hospitality Financial Leadership - The Two Principle Financial Statements and the Link

Hospitality Financial Leadership - Blog · 9 May

At Hotel Financial Coach I help hotel leaders and teams with financial leadership coaching, webinars and workshops. Learning and applying the necessa

Hospitality Financial Leadership - What is the Only Thing We Know for Sure About the Hotel Budget?
Hospitality Financial Leadership - What is the Only Thing We Know for Sure About the Hotel Budget?

Hospitality Financial Leadership - What is the Only Thing We Know for Sure About the Hotel Budget?
By David Lund
David Lund · 26 Apr

The budget is a BIG deal. Heck, it consumes so much time and energy in the hotel. Getting it right is a critical element to any branded, managed hote

David Lund
Hospitality Financial Leadership - Why Your Hotel Needs a Daily "Pick-up" Report

Hospitality Financial Leadership - Why Your Hotel Needs a Daily "Pick-up" Report
By David Lund
David Lund · 18 Apr

You might be reading this and saying to yourself, “Well, for sure every hotel needs a daily pick-up report.” But I bet you would be surprised how man

Hospitality Financial Leadership - Spring Into Compliance!

Hospitality Financial Leadership - Blog · 11 Apr

Make 2022 The Year You Get Your Hotel Accounting Policy Manual Project Complete Policy Manual & Internal Controls The Golden Rule Internal Control Re

David Lund
The Key Attributes of a Proper Hotel Financial Statement

The Key Attributes of a Proper Hotel Financial Statement
By David Lund
David Lund · 4 Apr

Having a monthly financial statement for your hotel is the key to creating an effective management process inside your business. But, like many thing

Hospitality Financial Leadership - The Key Attributes of a Proper Hotel Financial Statement

Hospitality Financial Leadership - Blog · 3 Apr

Having a monthly financial statement for your hotel is the key to creating an effective management process inside your business. But, like many thing

David Lund
Hospitality Financial Leadership – Top 10 ‘MUST DO’ Separation of Duties and Controls

Hospitality Financial Leadership – Top 10 ‘MUST DO’ Separation of Duties and Controls
By David Lund
David Lund · 21 Mar

In your hotel internal controls are a mission critical element you must have up and working well to adequately safeguard your assets. If you forgo th

David Lund
The 6 Quadrants of GOPPAR

The 6 Quadrants of GOPPAR
By David Lund
David Lund · 7 Mar

GO PAR is the new and exciting measurement everyone is talking about in the hotel business. But let’s be honest. It is a bit of a stretch to comprehe

David Lund
Hospitality Financial Leadership - Balancing Daily Revenues and Settlements

Hospitality Financial Leadership - Balancing Daily Revenues and Settlements
By David Lund
David Lund · 21 Feb

The hotel business is a form of retail business. Every day we must balance our revenues with our settlements, just like you would if you owned a stor

Hospitality Financial Leadership - Balancing Daily Revenues and Settlements

Hospitality Financial Leadership - Blog · 20 Feb

The hotel business is a form of retail business. Every day we must balance our revenues with our settlements, just like you would if you owned a stor

David Lund
Why You Need a Month-End Schedule

Why You Need a Month-End Schedule
By David Lund
David Lund · 7 Feb

If you complete a regular monthly close in your hotel, and I certainly hope you do. And if closing your books takes longer than three-five working da

Hospitality Financial Leadership - Why You Need a Month-End Schedule

Hospitality Financial Leadership - Blog · 6 Feb

If you complete a regular monthly close in your hotel, and I certainly hope you do... and if closing your books takes longer than three-five working

Hospitality Financial Leadership - Why Are the Operational Finances in the Hotel So Hard?

Hospitality Financial Leadership - Blog · 30 Jan

Why Are the Operational Finances in the Hotel So Hard? At Hotel Financial Coach I help hotel leaders and teams with financial leadership coaching, we

Hospitality Financial Leadership – Why Managing the Budget in Your Hotel is Like Playing Baseball
Hospitality Financial Leadership – Why Managing the Budget in Your Hotel is Like Playing Baseball

Hospitality Financial Leadership – Why Managing the Budget in Your Hotel is Like Playing Baseball
By David Lund
David Lund · 24 Jan

That’s a big statement because if you are involved in the budget in your hotel and you have played baseball then you are probably saying to yourself

David Lund
Hospitality Financial Leadership – Why is Hotel Accounting Different?

Hospitality Financial Leadership – Why is Hotel Accounting Different?
By David Lund
David Lund · 17 Jan

I heard this about 40 years ago and it has stuck with me. I was a newbie cocktail waiter working part time in my hometown hotel. One of my regular we

What's The Difference Between Hotel Accounting Policies and Procedures?

Hospitality Financial Leadership - Blog · 9 Jan

Learn More from My Good Friend Katie Paolino at Hotel Solutions With This Super Informative Video Learn More About Hotel Solutions Here Find Out How

Hospitality Financial Leadership - The How to vs. The Want to

Hospitality Financial Leadership - Blog · 13 Dec

At Hotel Financial Coach I help hotel leaders and teams with financial leadership coaching, webinars and workshops. Learning and applying the necessa

Hospitality Financial Leadership - Asset Management Program Features and Benefits

Hospitality Financial Leadership - Blog · 29 Nov

The Asset Management Program is a dedicated and personalized 1-1 program, consisting of 5 hours each month of my time and expertise, typically delive

David Lund
Hospitality Financial Leadership – Top 10 List for Controlling Labor Costs

Hospitality Financial Leadership – Top 10 List for Controlling Labor Costs
By David Lund
David Lund · 22 Nov

Managing labor costs is a never-ending battle in any hotel. No wonder it adds up to on average 50 percent of the total revenue in hotels around the w

Hospitality Financial Leadership - Hotel Accounting Policy Manuals - 'The Golden Rule

Hospitality Financial Leadership - Blog · 15 Nov

Never Mix These Two Lethal Ingredients Together - If You Do It's Nothing But Trouble

David Lund
Hospitality Financial Leadership – How Can You Turn $250 Savings into $1 Million in Asset Value

Hospitality Financial Leadership – How Can You Turn $250 Savings into $1 Million in Asset Value
By David Lund
David Lund · 9 Nov

That’s right, your eyes and the headline are not fooling you. I learned this from a client in a backwards kind of way and now I want to share it with

Hospitality Financial Leadership - Profit and Loss Metrics
Hospitality Financial Leadership - Profit and Loss Metrics

Hospitality Financial Leadership - Blog · 8 Nov

At Hotel Financial Coach I help hotel leaders and teams with financial leadership coaching, webinars and workshops. Learning and applying the necessa

David Lund
Hospitality Financial Leadership - The ROI for Financial Leadership Skills

Hospitality Financial Leadership - The ROI for Financial Leadership Skills
By David Lund
David Lund · 1 Nov

When it comes to investing in oneself many times people overlook the outcome and instead concentrate on the up-front cost. When we look at the opport

Hospitality Financial Leadership - The ROI for Financial Leadership Skills

Hospitality Financial Leadership - Blog · 31 Oct

When it comes to investing in oneself many times people overlook the outcome and instead concentrate on the up-front cost. When we look at the opport

David Lund
Hospitality Financial Leadership - New Deal Between Hotel Owners and Brands that Manage Hotels

Hospitality Financial Leadership - New Deal Between Hotel Owners and Brands that Manage Hotels
By David Lund
David Lund · 25 Oct

A lot has been speculated about what could and should change because of the pandemic. There is one aspect of the hotel business that desperately need

Hospitality Financial Leadership - The Blog Story
Hospitality Financial Leadership - The Blog Story

David Lund · 20 Oct

Do You Want to Grow Your Abilities as a Hotel Leader? Having Financial Acumen – AKA – Financial Leadership Skills is the Secret.