Is victim thinking that is holding you back from jumping in the deep end with the financials in your hotel career?
PAS to present at three upcoming Infor Hospitality Customer Days events
The hotel back office and accounting solutions expert and leading provider of SunSystems solutions worldwide will share its expertise on how hotels can get the most out of SunSystems to make better business decisions.
Strategic financial planning in uncertain times
In the wake of the global pandemic and its impact on the hospitality industry, financial planning and revenue management have become crucial for the survival of hotels.
Economy properties as guestroom vending machines
Vending machines replace the need for a cashier or any other form of staffing besides restocking and maintenance. Can hotels be the same?
Hospitality Financial Leadership – Engage their hearts and minds first
Getting your hotel leadership team excited about accounting is like someone thinking it’s fun to go to the dentist. Your average person wants nothing to do with it because they have a predisposed notion that it’s yucky, boring and better left for someone who has a hard time walking and talking at the same time.
We must stop saying people are our most important assets (and actually believe it to be true)
If we believe that our staff or our most important asset, why do we always only account for them as a cost?
Credits to cost of sales in Food & Beverage
Giving the proper credits to your food and beverage operation is an important task. Let’s look at all the usual credits, the different types, the proper way to take them and why we need to take them at all.
Annual budget: The General Manager’s yardstick
GMs too often leave it up to the controller to try and sort out the wants and BS from department managers in the budgeting process, but this causes a lot of wasted time and effort.
Why teaching accounting in hotel school is a waste of time
What our leaders need from school is a basic understanding of the business of hotels. What makes them tick financially and operationallyÑnot finance and accounting courses.
HMC promotes two Accounting Directors
Both long term employees of HMC, both Erin Mankowski and Chris Cardinal have been promoted to Directors within the company.
