management

Use a Business Mindset: David Lund on Hotel Finance


Use a Business Mindset: David Lund on Hotel Finance

David Lund, a financial consultant for hotels, shares his thoughts on how hotels should approach hotel finance software and tools, and the role technology plays in daily operations, highlighting the skills needed to succeed. With vast experience in hospitality operations, finance, and accounting, David offers his unique view on the…

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Hospitality Financial Leadership – Why GMs Have Such a Hard Time Managing Their Financial Leader

This is not the case for all GMs, but it is definitely the case for many. The reason is simple: the GM has not been given any formal accounting training and they are intimidated by the numbers and their lack of knowledge.

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Hospitality Financial Leadership – Workshops For Non-Financial Managers

It’s Not Accounting – It’s Business Thinking & It’s Not the Hard Part of Hospitality!

The training is designed for Operational Leaders.

It’s business thinking that non-financial managers need from you, not accounting.   

Ten workshop modules to train your non-financial leaders. The online or in-person workshops can be customized in number, length and frequency to meet your organization’s…

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What Hotel Brands Don’t Know – The Secret to Creating Great Financial Expertise

What brands don’t know is, they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don’t know that they can create this bench strength with resources that are readily available. Lastly, brands don’t know that their non-financial managers are literally dying…

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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 do you need to be looking at and who produces it and…

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