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

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 world. To say labor cost is important is an understatement so in this piece, I will highlight the key controls and features to make sure you are on the right track with this all-important aspect of hospitality.

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

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 you. It is a powerful way to justify and prove a return on investment (ROI) for financial leadership training. I use this story as well to show my clients what they are leaving on table in the way of profits and asset value if they are not using financial leadership in their hotel.

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

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 opportunity to improve our own personal prosperity, we need to see the full picture. We need to realize in life we have a window that opens and closes on our career and its fortunes. It reminds me of a line from Shakespeare:

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

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 needs to change and the Covid crisis is not to blame. However, it will most certainly speed things up.

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.

Hospitality Financial Leadership - Workshops For Non-Financial Managers

Hospitality Financial Leadership - Blog · 17 Oct

It's Not Accounting - It's Business Thinking & It's Not the Hard Part of Hospitality! The training is designed for Operational Leaders. It's business

Hospitality Financial Leadership – Money Never Looks After Itself
Hospitality Financial Leadership – Money Never Looks After Itself — By David Lund

David Lund · 11 Oct

I do not know about your experience, but for me growing up in the hotel world, and especially my first decade working in F&B and rooms, the adage, “Look after the guests and the money will look after itself,” was literally beat into my head.

Announcing - Creating a Financially Engaged Leadership Team in Your Hotel - Keynote or Breakout Speaking Session Now Available
Announcing - Creating a Financially Engaged Leadership Team in Your Hotel - Keynote or Breakout Speaking Session Now Available

David Lund · 7 Oct

With this hotel financial leadership talk, your team will come away with education and a plan of action.

Hospitality MD Interviews David

Hospitality Financial Leadership - Blog · 20 Sep

Be sure to check out the latest HospitalityMD interview with David Lund, the Hotel Financial Coach. Having a grasp on the financials for your hotel i

Announcing - Hospitality MD Interviews - The Hotel Financial Coach - David Lund
Announcing - Hospitality MD Interviews - The Hotel Financial Coach - David Lund

David Lund · 16 Sep

Be sure to check out the latest HospitalityMD interview with David Lund, the Hotel Financial Coach. Having a grasp on the financials for your hotel i

Creating a Hotel Accounting Policy Manual and Internal Control Reviews

Hospitality Financial Leadership - Blog · 13 Sep

Three Ways You Can Create a Policy Manual For Your Hotel Company Today I have a complete Hotel Accounting Policy Manual with 500-plus policies in 33

Announcing - David Lund - The Hotel Financial Coach Will Be Speaking at Hospitality Saskatchewan's - Gather Again 2021 Conference
Announcing - David Lund - The Hotel Financial Coach Will Be Speaking at Hospitality Saskatchewan's - Gather Again 2021 Conference

David Lund · 10 Sep

Create hotel teams who know how to Increase profit. David Lund is The Hotel Financial Coach, a hospitality financial leadership pioneer. He has held

Announcing - Hospitality Financial Leadership - Creating Your Own Hotel Accounting Policy Manual & Internal Control Review Program Today
Announcing - Hospitality Financial Leadership - Creating Your Own Hotel Accounting Policy Manual & Internal Control Review Program Today

David Lund · 2 Sep

Here are three ways I can help you create a policy manual with an internal control review process.

Hospitality Financial Leadership – Critical Importance of Accruals and Deferrals
Hospitality Financial Leadership – Critical Importance of Accruals and Deferrals — By David Lund

David Lund · 30 Aug

A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant favoritism or anything like that but it is not lost on me that certain items get the limelight. In this piece, I am going to shine a light on two of the hotel team’s third-line mainstays. This pair keeps us on track month after month and they need a little more respect.

Hospitality Financial Leadership - Critical Importance of Accruals and Deferrals

Hospitality Financial Leadership - Blog · 29 Aug

A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant f

Announcing - Hospitality Mavericks Podcast - Featuring The Hotel Financial Coach
Announcing - Hospitality Mavericks Podcast - Featuring The Hotel Financial Coach

David Lund · 26 Aug

The Hospitality Mavericks Episode 119 – Featuring - David Lund, Founder of The Hotel Financial Coach, on Financial Leadership with Michael Tingsager

Hospitality Financial Leadership - Workshops For Financial Managers - "Menu"
Hospitality Financial Leadership - Workshops For Financial Managers - "Menu"

Hospitality Financial Leadership - Blog · 23 Aug

Create Greater Influence and Increase Your Impact as a Financial Manager With Live Online Workshops. The online training is designed for upwardly mob

David Lund's Interview With Hospitality Mavericks
David Lund's Interview With Hospitality Mavericks

Hospitality Financial Leadership - Blog · 15 Aug

The Hospitality Mavericks Episode 119 Featuring David Lund, Founder of The Hotel Financial Coach, on Financial Leadership with Michael Tingsager At H

Announcing - Free Guidebook - Hospitality Financial Leadership
Announcing - Free Guidebook - Hospitality Financial Leadership

David Lund · 12 Aug

It's business thinking that you want your operational managers to possess, not accouting. Learning how to manage their payroll and expenses is the ke

Complimentary Hospitality Financial Leadership Online Workshop - An Introduction to Hospitality Financial Leadership
Complimentary Hospitality Financial Leadership Online Workshop - An Introduction to Hospitality Financial Leadership

David Lund · 29 Jul

Compliments of Hospitality Net I am offering the first FIVE responders via email @ david@hotelfinancialcoach.com a complimentary 40-minute online wor

Hospitality Financial Leadership – GOPPAR Characteristics
Hospitality Financial Leadership – GOPPAR Characteristics — By David Lund

David Lund · 26 Jul

From time immemorial, revenue per available room, or RevPAR, has been the go-to key performance indicator in the hotel industry. A simple calculation of average daily rate and occupancy rate, it is often thought of as the barometer of health for a hotel by those who work in the industry and those who make a living analyzing it.

Announcing - Hospitality Financial Leadership - Workshop Series for Financial Managers
Announcing - Hospitality Financial Leadership - Workshop Series for Financial Managers

David Lund · 16 Jul

Individuals will complete training in all essential facets of hospitality financial leadership for the financial leader.