In recent times, the word ‘tariff’ has jumped from the back pages of economic textbooks to front-page headlines. Once the domain of trade negotiators and industry insiders, tariffs have become part of a broader political conversation, influencing everything from stock markets to airfares.
Actabl, the leading hospitality software company dedicated to empowering hotels with actionable insights to drive profit, today announced the launch of ProfitOwner, a business intelligence platform purpose-built for hotel ownership groups. Designed to provide real-time, standardized data across all properties—regardless of brand or management company—ProfitOwner gives ownership groups direct access to the insights they need to make faster, smarter decisions and take control of portfolio performance.
Aptech, a leading provider of scalable accounting, business intelligence, financial planning and management solutions for the hospitality industry, today announces the deployment of its new PVNG Lite hotel accounting system at the Spark by Hilton Winston-Salem University in North Carolina. This milestone installation marks the beginning of a new chapter for independent and economy hotel operators seeking a powerful, hotel-specific alternative to generic accounting tools like QuickBooks.
Pause for a moment and take in the broader landscape of the hospitality industry. You’ll see that labor challenges, from shortages to rising wages, will remain ongoing issues. While the pandemic significantly reduced the hospitality workforce and dented the industry’s appeal for younger recruits, that’s only part of the picture. Other factors, such as the growing appeal of remote work over on-site roles, shrinking Gen Z workforce numbers, and evolving immigration patterns, are all outside of your control.
The USALI is the accounting standard adopted across the hotel sector, allowing hotel operations to offer accurate like-for-like comparisons to owners and potential owners, creating a benchmark which is understandable and useable by everyone in the market, a common language for financial reporting.
How much should a B2B tech startup spend on marketing? This is one of those questions that keeps resurfacing, especially when funding is tight and expectations are high. The usual expectations for marketing are simple: build hype for the company and drive lots of leads. That’s what founders, execs, investors, and frankly everyone wants.
The hospitality industry has traditionally been cautious about adopting new technologies, but change is no longer optional. As artificial intelligence (AI) gains momentum, it is not just a buzzword. It is a practical next step with the potential to transform how hotels plan, analyze, and optimize their finances.
The Boutique Hotel Investment Conference, the premier gathering dedicated to independent boutique hotel investment, returns to New York City on June 4, 2025, at the Florence Gould Hall. It promises a dynamic day filled with high-impact conversations, strategic insights, and unmatched networking for boutique and luxury hospitality owners, developers, investors, and visionaries.
April demonstrated how deeply interconnected global markets have become, reflecting the Dalai Lama’s wisdom about our mutual dependencies. Despite unprecedented volatility triggered by the White House trade policies, the S&P 500 closed with less than one percent decline – a deceptively unremarkable performance masking extraordinary market conditions.
Starhotels S.p.A. announces that on March 11th 2025 it has signed a €350,000,000 ten-year loan financing agreement with a pool of banks made of: BNL BNP (acting as agent bank), BPER, BPM, Crédit Agricole, MPS, and Unicredit.
In this episode of The Conscious Hospitality Podcast, host David Arraya sits down with David Lund, widely known as The Hotel Financial Coach, for a transformative conversation about the evolving role of financial leadership in the hospitality industry.
Hotels are complex assets that blend real estate with business value. For property tax purposes, only the real estate is taxable – yet all too often, assessors inadvertently include the hotel’s intangible business assets in the assessed value.
The hotel business is a retail business and in order to stay on top of your business you must fully and completely balance your daily revenues and settlements. Every day we begin anew and every day is a story unto itself when it comes to the revenues and settlements. I may sound like I’m repeating “revenues and settlements,” but it cannot be emphasized enough.
In the dynamic and often unpredictable world of hotel management, maintaining a firm grip on departmental expenses is not just a matter of financial prudence;it's the cornerstone of sustained profitability and long-term financial health.
What’s it like to build a portfolio in a high-barrier market like San Diego? In this episode of The Turndown, Adam Dailey, real estate investor and accommodation operator, shares how he finds value in overlooked properties and why uncertainty is both a challenge and an opportunity for independent hoteliers.
With just under a month to go before the Future Hospitality Summit Saudi Arabia gets under way, investors, developers, government decision makers and regional hospitality leaders are gearing up for three days of networking, learning, debate and deal making in Riyadh.
If there’s one word that defines the current U.S. hotel landscape, it’s uncertainty. As we move into 2025, hoteliers across the country are facing a slew of critical questions: How resilient is demand? Are rising costs here to stay? And most importantly—how can we maintain profitability in a market that feels, well, unpredictable?
[Amsterdam, 16th April 2025] - Mews, the operating system for hospitality, is launching Multicurrency. This new feature, which is now available for customers in Europe, helps Mews achieve its vision of creating new revenue streams for hotels – all while enabling a world-class payment experience for guests.
What hotel brands don’t know is that they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don’t know that they can create this bench strength with resources that are readily available. Lastly, brands don’t know that their non-financial managers are literally dying to get these financial skills and abilities now and they want to apply them.
Airbnb hosts play a vital role in local economies around the world, welcoming billions of guests, helping big cities and small communities benefit from big events, and dispersing travel outside of traditional tourism hubs. Critically, hosts and the guests they welcome support communities by generating an influx of tourism taxes for local governments at a time when jurisdictions are facing budget shortfalls.