financial statement analysis

Hospitality Financial Leadership – A Tribute to Gordon Lightfoot

As I write this it is early May 2023 and one of my all-time heroes has passed. His music and legend are to me, synonymous with Canada and being Canadian. Somehow in our world, the brand of being a Canadian gets a bit of a wet towel thrown on it. What I mean is it is just not always so…

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Hospitality Financial Leadership – Food Cost Net Weight – By Guest Author, Patrick McClary – Executive Chef, Caesars Windsor


By Guest Author, Patrick McClary – Executive Chef, Caesars Windsor

If you have an idea for a story/blog drop me a note and let me know what you want to write about and maybe we can publish it.

When people hear the term food cost, they generally think…

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Chapter Two – Incompetence

The chapter below is an excerpt from my new book. It’s fiction but some of the characters and story lines are based on people I have worked with and events that have taken place in the hotels I have worked in. The book is a fable about a hotel manager who has some very bad habits. He must change…

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Hospitality Financial Leadership – The Ultimate Hotel P&L

I know a lot of people have some confusion and a slight frustration when it comes to the financial information that’s available in a hotel and the way it’s presented.

The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) is rock solid in its acceptance and use…

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