financial statement

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 6 – The Unraveling

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 – What to Do in a Financial Crisis

A lot has been said about the flu outbreak and the devastating effects it will have on the travel and hotel industry. But what can you do about it? The old saying, “You can’t save your way to prosperity,” still holds true, but you can be the best of class when it…

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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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Hospitality Financial Leadership – Chapter One: Envy

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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