How to manage expenses at independent hotels | hotelnewsnow.com

With forecasting, labor, scheduling, inventory control and purchasing in line, you are not likely to be surprised when your monthly statements are published. At the time of writing this, the Powerball lottery is approaching $1 billion. I cannot help imagining a world in which I can spend $80,000 a day on my whims, never even touching the after-tax principal of $600 million.