Finance & Accounting

Booking.com and Amadeus Partnership is Set to Streamline the Payment Process Between Travel Agencies and Accommodation Providers

Typically, when a hotel is booked by a travel agent the actual payment is made by the traveler at the property after they have completed their stay. Today’s ‘post-pay’ model means travelers must be present at check-in to register card details and th...

Amadeus Hospitality

Amadeus Hospitality

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Travel Technology

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Online Travel Agencies (OTA)

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Finance & Accounting

Booking.com and Amadeus Partnership is Set to Streamline the Payment Process Between Travel Agencies and Accommodation Providers

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

As summer tumbles into fall, hotel asset managers are challenged with reviewing and approving annual budgets. As they analyze page after page of next year’s proposed budgets from their management companies with input from all facets of hotel operati...

Gary Isenberg

Vice President, Asset Management, The Plasencia Group

The Plasencia Group

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Finance & Accounting

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

Spirides Provides $6.3 Million Debt Refinancing + Cash Out for Holiday Inn Express in Latta, SC

Spirides Hotel Finance Company has just successfully provided, and the borrower has officially closed a $6.3 million mortgage loan from a southeast U.S. headquartered bank to refinance the existing mortgage debt plus take $1.5 million cash out of th...

Spirides Hotel Finance Company

Spirides Hotel Finance Company

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Holiday Inn Express

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Real Estate & Investment

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Finance & Accounting

Spirides Provides $6.3 Million Debt Refinancing + Cash Out for Holiday Inn Express in Latta, SC

The Benefits and Importance of Budgeting and Forecasting

Budgeting and forecasting (B&F) in the hospitality industry is critical to determine, formulate, and align short-term and long-term goals for an organization. This detailed process is typically managed by a company’s finance department under the Chi...

Haley Wolf

Marketing and Public Relations Manager at M3

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Finance & Accounting

Rising Energy costs - PwC’s 10 point plan for business

Publication of the details of the Energy Bills Relief Scheme (EBRS) by the Government on 21 September 2022 will be welcomed by non-domestic energy customers. Businesses will benefit from the six month price support, which will be backdated to run fr...

PwC Hospitality & leisure

PwC Hospitality & leisure

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Environment & Sustainability

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Finance & Accounting

Rising Energy costs - PwC’s 10 point plan for business

Hotel Data Strategy: The First Step is Admitting There’s a Problem

Hotel Data Strategy: The First Step is Admitting There’s a Problem

To best understand where the hospitality industry stands in terms of its adoption of digital tools and cloud-based solutions, it’s important to step back and look quickly at the big picture.

Jason Q. Freed

Hospitality Data Evangelist

myDigitalOffice

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Property Technology

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Finance & Accounting

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Hotel Data Strategy: The First Step is Admitting There’s a Problem

Improve Results With an Integrated and Agile Internal Control Framework

As the hospitality industry returns to the new normal, internal audit departments along with their corporate finance and hotel operations teams have to examine their approach to achieving coverage and compliance with internal controls across their e...

Neil Grammer

Consultant Strategic Solution Partners, CPA & Executive Managing Member of Grammer & Associates

Strategic Solution Partners

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Revenue Management

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Finance & Accounting

Strategic Solution Partners

2022 HVS Lodging Tax Report - USA

While the lodging industry is recovering from impacts of the COVID-19 pandemic, this twelfth annual HVS Lodging Tax Study quantifies the revenue impact of the pandemic over the past year. An analysis of 25 major US hotel markets shows that overall r...

Thomas A. Hazinski

Thomas A. Hazinski

Managing Director of HVS Convention, Sports, & Entertainment Facilities Consulting in Chicago

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Finance & Accounting

HVS

Are You Building a Tech Frankenstein?

Are You Building a Tech Frankenstein?

Labor shortages, greater owner and investor demands, data consistency, and integrity requirements contribute to the need for best-of-suite technology. There are numerous pitfalls of adding multiple tech solution providers and tech overlap is becomin...

Haley Wolf

Marketing and Public Relations Manager at M3

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Information Technology

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Finance & Accounting

Are You Building a Tech Frankenstein?

M3’s Boutique Accounting Services Assist North Star Lodging Management in Back-Office Procedures

North Star Lodging Management (NSL) is both a ground-up developer and first-rate operator focused primarily within the hospitality sector. Headquartered in Pittsburgh, PA, NSL has completed a number of custom, ground-up hotel developments across the...

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Property Technology

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Management Companies

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Finance & Accounting

M3’s Boutique Accounting Services Assist North Star Lodging Management in Back-Office Procedures