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Hospitality Financial Leadership – Understanding Business Principles
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Hospitality Financial Leadership – Workshops for Financial Leaders
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Hospitality Financial Leadership – Explaining Accounting
Click on image to learn more 🔊 Listen to Post No one can explain accounting. I have some pretty crazy situations presented to me by potential clients. I say crazy and I what that means is that it is...
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The Prosperous Hotelier: Three Pillars of Hospitality
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The Prosperous Hotelier: The Numbers Are All Connected
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Hospitality Financial Leadership – Dr. Panoz
Click on image to learn more 🔊 Listen to Post Scotland During my career inside hotels, I had the pleasure of opening and transitioning several hotels to our brand, processes and systems. This was...
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Hospitality Financial Leadership – The Top 10 Cash Controls
Click on image to learn more 🔊 Listen to Post Cash is King. That’s an old expression but it’s also one that still rings true today. Everyone likes cash even if we don’t carry so much with us personally...
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Hospitality Financial Leadership – The Six Components of GOPPAR
Hospitality Financial Leadership The Six Components of GOPPAR Purchase on Amazon in paperback, hardcover or Kindle format PURCHASE HERE Complimentary Discovery Call –...
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Hospitality Financial Leadership – $600,000 Trash Can
Hospitality Financial Leadership $600,000 Trash Can A 30-year hotel vet, David has seen everything, a lot of which he shares in his book, The Prosperous Hotelier. Susan and David talk about railroads,...
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Hospitality Financial Leadership – Putting a Dollar Value on a Hotel
Click on image to learn more 🔊 Listen to Post Determining the current selling or asking price for a hotel is a bit tricky. Compared to estimating the present value of a house it’s more like a detailed...
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Hospitality Financial Leadership – Owed to Canadian Rock Legends – RUSH
Click on image to learn more 🔊 Listen to Post https://www.rush.com/ For most people we all have our song of life, that special time and genre, and maybe even a band or artist that really captures the...
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Hospitality Financial Leadership – The Top 10 Accounts Receivable Controls
Click on image to learn more 🔊 Listen to Post “AR” as we commonly refer to the sub department of the accounting function is a mainstay in any larger group-based hotel. In these juggernauts the...
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Hospitality Financial Leadership – The Early Arrival Program
With my workshops and speaking, I often do an exercise where I challenge each leader to find a minimum of $250 in next month’s forecast. That can be savings in the form of reduced payroll or expenses....
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Hospitality Financial Leadership – Why You Want to Use a Rolling Forecast
Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. It’s an incredibly useful tool that is literally worth its weight in gold. That being...
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Hospitality Financial Leadership – Managing F&B Expenses and How to Record...
As I have said in many of my earlier posts, Food and Beverage is special. And I mean that with all sincerity because it’s an integral part of our business especially with a full service offering....
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Hospitality Financial Leadership Podcast – Hotel Accounting Policy Manuals –...
Welcome to the “exciting” world of hotel accounting policy manuals and internal control reviews. Having a set of “rules for the road” is an essential tool that any hotel needs to be successful. Join...
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Selkirk College Adopts David Lund’s “The Prosperous Hotelier” as Course Textbook Nelson, British Columbia – October 14,2024 – Selkirk College is excited to announce that David Lund’s widely acclaimed...
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Hospitality Financial Leadership – What Are CAP Rates and How to Use Them
A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated by dividing the net operating...
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Hospitality Financial Leadership – Your Top 10 List of Excuses
Now I bet you’re wondering, excuses for what? Excuses for not jumping in the deep end with the financials in your hotel career. What’s your imagination telling you that’s wrong in your hotel that...
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Hospitality Financial Leadership – Calculating F&B Labor Productivity
Hospitality Financial Leadership Calculating F&B Labor Productivity Purchase on Amazon in paperback, hardcover or Kindle format PURCHASE HERE Complimentary Discovery Call –...
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