Opinion Articles — Finance & Accounting

6 Ways Hotel Automation Can Help Reduce Labor Costs in 2025

6 Ways Hotel Automation Can Help Reduce Labor Costs in 2025

As you’re reading through the onslaught of 2025 hotel industry predictions and trends pieces, you’re likely noticing “Automation” near the top or at the top of every list. So much so that "Automation” might become a buzzword that you start to skip o...

Jason Q. Freed

Hospitality Data Evangelist

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Property Technology

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Finance & Accounting

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6 Ways Hotel Automation Can Help Reduce Labor Costs in 2025

The Cat Killer

Warning – this blog post talks about cruelty to cats. I in no way support this practice and I am not promoting the activity in any way. The purpose of this article is to tell a story around the financial controls for hotel paid outs. Even with the d...

David Lund

The Hotel Financial Coach

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Finance & Accounting

David Lund

Six USALI Changes Hotel Finance Executives Need to be Aware of in 2025

Six USALI Changes Hotel Finance Executives Need to be Aware of in 2025

The Global Finance Committee (GFC), a committee of diverse industry professionals sponsored by the Hospitality Financial and Technology Professionals and the American Hotel and Lodging Association is responsible for the production of the Uniform Sys...

Robert Mandelbaum

Robert Mandelbaum

Director of Research Information Services at CBRE Hotels

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Finance & Accounting

Six USALI Changes Hotel Finance Executives Need to be Aware of in 2025

Final Call: Finalizing Your 2025 Hotel Budget and Flipping it to a Forecast

Final Call: Finalizing Your 2025 Hotel Budget and Flipping it to a Forecast

As we turn the calendar to 2025, hotel owners and operators are finalizing their annual budgets and ensuring they align with the latest market conditions. With STR forecasting modest growth for 2025, it’s critical for hoteliers to move beyond static...

Jason Q. Freed

Hospitality Data Evangelist

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Revenue Management

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Finance & Accounting

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Markets & Performance

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Final Call: Finalizing Your 2025 Hotel Budget and Flipping it to a Forecast

What Does It Mean to Have Your Balance Sheet Reconciled?

What Does It Mean to Have Your Balance Sheet Reconciled?

I discuss this question with hoteliers way too often. It’s not their fault, but the reality is they don’t understand what this statement means and, in this piece, I’m going to lay it out for you. I will say that the lack of understanding and basic i...

David Lund

The Hotel Financial Coach

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Finance & Accounting

What Does It Mean to Have Your Balance Sheet Reconciled?

The Future of Venue Payments: Trends and Technologies You Need to Know

The landscape of payments is undergoing significant transformations driven by technology and changing consumer behaviors – and the hospitality industry is no exception. The more adaptive your venue can be regarding payments, the more likely you are ...

Lauren Hall

Founder & CEO at iVvy

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Property Technology

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Finance & Accounting

iVvy

Beyond the price tag: The true value of an integrated hotel payment system

When deciding on a payment solution for your property, there are a lot of factors that come into play. One of the biggest concerns on hoteliers’ minds, of course, is the cost.

Lana Cook

Content Writer at Cloudbeds

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Property Technology

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Finance & Accounting

Cloudbeds

Adapting to Germany’s E-Invoicing Compliance: What Hospitality Leaders Need to Know

Adapting to Germany’s E-Invoicing Compliance: What Hospitality Leaders Need to Know

The new e-invoicing mandate in Germany marks a major shift for hospitality businesses, driven by the European Union’s directive to standardise electronic invoicing in business to business procurement. Designed to streamline processes and reduce admi...

Johannes Vocke

Chief Financial Officer at FutureLog

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Information Technology

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Lodging Industry

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Finance & Accounting

Adapting to Germany’s E-Invoicing Compliance: What Hospitality Leaders Need to Know

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 holds you back from owning your departmental expenses...

David Lund

The Hotel Financial Coach

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Finance & Accounting

David Lund

Transforming Hotel Stays with Personalized Payments

Today, there is undeniable pressure on hotels to go beyond the traditional norms of hospitality, creating more personalized and uniquely memorable experiences for every guest. This is not just to stay relevant; it is an essential part of hospitality...

Simon Buchwaldt-Nissen

Simon Buchwaldt-Nissen

Senior Vice President of Hospitality at Nexi Group, the European PayTech

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Information Technology

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Finance & Accounting

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Guest Experience

Nexi Group