Hospitality Financial Leadership - The Full Disclosure Principle

Hospitality Financial Leadership - Blog · 30 Jan

The Full Disclosure Principle Coming Soon - The Prosperous Hotelier Complimentary Discovery Call

David Lund
Hospitality Financial Leadership – Top 10 List for Controlling Hotel Expenses

Hospitality Financial Leadership – Top 10 List for Controlling Hotel Expenses
By David Lund
David Lund · 16 Jan

The word “expenses” needs to be defined and refined for this article. Expense broadly refers to any cost a business has including payroll, goods and

David Lund
Hospitality Financial Leadership – How to Write a Great Monthly Executive Commentary

Hospitality Financial Leadership – How to Write a Great Monthly Executive Commentary
By David Lund
David Lund · 19 Dec

They go by many names: owner’s commentary, monthly commentary, executive commentary and more. The names can be different but in essence, they are all

David Lund
F TAR W – The Secret Monthly Formula to Create Financial Leadership In Your Hotel

F TAR W – The Secret Monthly Formula to Create Financial Leadership In Your Hotel
By David Lund
David Lund · 12 Dec

To get your non-financial managers to play ball with their numbers in your hotel you need a system that they can follow, a sort of roadmap they can u

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.

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

Hotel Financial Leadership - Income Statement Fundamentals

Hospitality Financial Leadership - Blog · 17 Oct

Income Statement Fundamentals Coming Soon in 2022 - The Prosperous Hotelier Complimentary Discovery Call

David Lund
Hospitality Financial Leadership – What Really Counts and Why

Hospitality Financial Leadership – What Really Counts and Why
By David Lund
David Lund · 10 Oct

If you do not have all three of these metrics on your radar screen at the same time, you are flying the profit picture in your food operation with at

Announcing - Executive Search Services
Announcing - Executive Search Services

David Lund · 7 Sep

A Different Way to Find the Talent Your Hotel Needs Today

Why You Need an Internal Control Review Program in Your Hotel - ICR
Why You Need an Internal Control Review Program in Your Hotel - ICR

Why You Need an Internal Control Review Program in Your Hotel - ICR
By David Lund
David Lund · 5 Sep

Here’s the scenario. You have finally got a full-blown accounting policy manual in place. It has taken several months and a lot of work, but it’s don

David Lund
What Hotel Brands Don’t Know – The Secret to Creating Great Financial Expertise

What Hotel Brands Don’t Know – The Secret to Creating Great Financial Expertise
By David Lund
David Lund · 15 Aug

What brands don’t know is, they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don

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.

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

Hospitality Financial Leadership - Blog · 7 Aug

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

The Steve Chandler Interview - Full Interview

Hospitality Financial Leadership - Blog · 31 Jul

The Hotel Financial Coach Interviews The Godfather of Coaching In this 1 hour interview David interviews Steve and they explore some of Steve's best

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

Hospitality Financial Leadership - Understanding and Using Flow
Hospitality Financial Leadership - Understanding and Using Flow

Hospitality Financial Leadership - Blog · 4 Jul

Hospitality Financial Leadership - Understanding and Using Flow

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

Hospitality Financial Leadership - Why Auditors Miss the Mark

Hospitality Financial Leadership - Blog · 26 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

Hospitality Financial Leadership - Workshops For Financial Managers
Hospitality Financial Leadership - Workshops For Financial Managers

Hospitality Financial Leadership - Blog · 6 Jun

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

Hospitality Financial Leadership - Understanding Contribution
Hospitality Financial Leadership - Understanding Contribution

Hospitality Financial Leadership - Blog · 30 May

Coming Soon in 2022 - The Prosperous Hotelier Complimentary Discovery Call - https://calendly.com/hotelfinancialcoach/discovery Video Course Links: h

Hospitality Financial Leadership - A Jetstream

Hospitality Financial Leadership - Blog · 22 May

I am willing to bet that title got your attention, you're probably wondering what that is all about. Jetstream is a Canadian company that has develop

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