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Hospitality Financial Leadership – Designing Your Financial Reporting System – A Wake-Up Call

Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival. Without this regular reporting, you are really flying by the seat of your pants. But what exactly d...

David Lund

The Hotel Financial Coach

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Finance & Accounting

David Lund

Long-Run (1946-2020) Effects of Inflation on Hotel Operating Performance

The recent price surge for many goods and services in the U.S. raises the prospect for an extended period of persistent high inflation. Conventional measures of inflation track either specific sets of prices that consumers pay, notably the Consumer ...

Jack B. Corgel

Managing Director, CBRE Hotels’ Americas Research

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CBRE Hotels

Quantifying The Franchise Relationship During COVID-19

In 2020, the average hotel in CBRE’s annual Trends® in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes, depreciation and amortization (EBITDA), resulting in an EBITDA margin of -5.5 percent. For hotels,...

Robert Mandelbaum

Robert Mandelbaum

Director of Research Information Services at CBRE Hotels

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CBRE Hotels

What is Same-Day-Pay and Is It Here to Stay?

Wouldn’t it be nice if you could get paid daily for the number of hours you work, or if you could find a simple way to attract talent as an employer? Here’s something funny – you can! Recently, companies have adapted to same-day-pay to help attract ...

Haley Wolf

M3 Marketing and Public Relations Manager

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Human Resources

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Property Technology

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Finance & Accounting

The Buzz About BirchStreet: Interview With Tech Visionary and BirchStreet CEO Brendan Reidy

Within hospitality, it’s common for tenured leaders to wear many hats and champion new territory as they continuously cultivate and share their industry expertise. Brendan Reidy, BirchStreet Systems Executive Chairman, is certainly no exception to t...

Alan Young

Hospitality Tech Advisor, Influencer, and Co-Founder of Puzzle Partner

Puzzle Partner Ltd.

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Information Technology

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Finance & Accounting

Puzzle Partner Ltd.

3 Steps to Consider Before Investing in New Hotel Technology

Take a second and think back to 2019. After everything, it feels more like 30 years ago, never mind three years ago. Some studies even go so far as to say that foggy memories are an expected byproduct of the pandemic, thanks to monotonous days, surr...

Paul Barron

EVP Marketing, Partnerships & Commercial Operations at Amadeus

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Sales & Marketing

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Lodging Industry

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Market Segments

Amadeus Hospitality

Hospitality Financial Leadership – How to Do a Breakeven Analysis Using REVPAR

I have recently read more than one article on breakeven analysis and they all miss the mark in my books because they focus on what occupancy is needed. Occupancy is only half of the final recipe. You also need rate and really in the end you come up ...

David Lund

The Hotel Financial Coach

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Finance & Accounting

David Lund

Tips, Tricks, and Best Practices – Reducing the Risk of Fraud

Mail-related check fraud has been rising since last August, according to the Evidence-Based Cybersecurity Research Group at Georgia State University, which has been tracking the trend. It warns that criminals have a pretty easy time when it comes to...

Scott Watson

M3 Chief Sales & Marketing Officer

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Information Technology

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Lodging Industry

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Finance & Accounting

The Importance of On-the-Go Reporting – Insight Mobile App

On-the-go reporting is important for businesses to stay up to date on their data and influence growth. This technology can revolutionize the way you view and understand your business. In the hospitality industry, companies need to stay updated on an...

Haley Wolf

Marketing and Public Relations Manager

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Lodging Industry

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Finance & Accounting

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Quieting the Noise in Economic Impact Estimates

An assessment of the accuracy of traditional approaches to valuing the economic contribution of convention, sports, and entertainment venues reveals significant limitations of economic impact models that tend to produce noisy and sometimes biased es...

Thomas A. Hazinski

Thomas A. Hazinski

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

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HVS

HITEC Orlando

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