Six USALI Changes Hotel Finance Executives Need to be Aware of in 2025
The Global Finance Committee (GFC), a committee of diverse industry professionals sponsored by the Hospitality Financial and Technology Professionals and the American Hotel and Lodging Association is responsible for the production of the Uniform System of Accounts for the Lodging Industry (USALI). The revised 12th edition USALI is scheduled to be effective in 2026.
There are six important changes that hotel finance executives should be aware in advance of the January 1, 2026 effective date for the new guidance. Tip: While most hotels will not formally report operating performance based on the 12th edition USALI until 2026, some properties are beginning to track the new revenue and expense categories in 2025. This will allow for equitable year-over-year changes in their 2026 operating statements. Changes Enacted to Increase Transparency
Over the past few years, guest loyalty programs have contributed an increasing number of guests for hotels. However, this increase in contribution has come with a rise in the costs paid by owners to support these programs. To enable owners, operators, and the brands to effectively measure the value of their loyalty programs, the 12th edition of USALI presents multiple new discrete loyalty program related expense categories. Tip: Additional expense accounts may be required to separate costs associated with serving loyalty program guests versus all other guests.
The Hotel Yearbook 2025 - Annual Edition
The global hospitality industry stands at a pivotal moment of transformation. Rapidly evolving guest expectations, new operating models, the accelerating pace of technological change, and heightened competition are reshaping the way hotels operate and engage with their diverse stakeholders. Owners, brands, and managers increasingly recognize the need for forward-thinking strategies that deliver memorable guest experiences, drive bottom-line results, and strengthen long-term competitiveness. The Hotel Yearbook Annual Edition 2025 explores the key areas where the industry is innovating, highlighting success stories, best practices, and emerging trends that offer a path forward. By presenting insights from leading experts, we aim to provide hoteliers and stakeholders with a holistic understanding of the forces shaping hospitality today—and actionable ideas for thriving in the year ahead.