Finance & Accounting Filter 80 more Press Release Wall of U.S. hotel debt maturities to catalyze transactions $5.8 billion of U.S. hotel single-asset securitized loans, including CMBS and CRE CLOs are coming due for maturity in 2024. Despite the U.S. hotel industry demonstrating strong RevPAR performance, there are multiple headwinds that could impede the r... JLL More in this category Real Estate & InvestmentMore in this category Finance & Accounting More like this Press Release Hotel Financials: Key Changes in USALI 12th Edition The 12th revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) fundamentally enhances the transparency of financial and operational aspects in the hospitality industry. To quote Sir Arthur Conan Doyle’s iconic character ... HotStats Limited More in this category Finance & Accounting More like this Opinion From Paper to Platform: Future-Proof Your Procurement Team With Digital Transformation In an eye-opening survey by PwC, global procurement professionals have spoken when it comes to their digital transformation initiatives. By 2025, procurement departments have an average target of 72% digitalisation, with efficiency, transparency, tr... Johannes VockeChief Financial Officer at FutureLog FutureLog AGMore in this category Property TechnologyMore in this category Lodging IndustryMore in this category Finance & AccountingMore in this category InnovationMore in this category Procurement More like this Opinion Management Company Compensation Slows in 2023 Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel ... Robert MandelbaumDirector of Research Information Services at CBRE Hotels CBRE HotelsMore in this category Finance & Accounting More like this Supplier News FutureLog Debuts Digital Capital Expenditure (CAPEX) Management Solution for Precise, Transparent Financial Planning FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, unveiled its latest innovation last month: a trailblazing smart Capital Expenditure (CAPEX) Management solution. The intuitive platform ... FutureLog AG More in this category Information TechnologyMore in this category Finance & Accounting More like this Supplier News Maestro PMS Launches MezzoPay Embedded Payments; Excitement Abounds Among Clients to Install the Enhanced, Seamless, Secure Payment Offering Maestro PMS, a Web Browser-based cloud and on-premises all-in-one property-management system, announced the addition of MezzoPay as its new embedded payment processing solution. Powered by Fullsteam, MezzoPay equips hoteliers with the ability to off... Maestro PMS More in this category Property TechnologyMore in this category Finance & Accounting More like this Press Release 137: $600,000 Trash Can - David Lund on Top Floor Podcast David Lund is the Hotel Financial Coach, a thought leader and trainer on using financial data to drive your business decisions and your career. A 30-year hotel vet, David has seen everything, a lot of which he shares in his book, The Prosperous Hote... David Lund More in this category Lodging IndustryMore in this category Finance & AccountingMore in this category Luxury Travel More like this Supplier News Docyt and x·quic Partner to Deliver Bundled Financial Services Solution for Hotel Owners and Franchisees Docyt, the frontrunner in AI-driven accounting automation technology, is partnering with x·quic™ on a bundled services offering that empowers hotel owners and franchisees to seamlessly integrate Docyt’s real-time bookkeeping capabilities with x·quic... Docyt More in this category Property TechnologyMore in this category Finance & Accounting More like this Opinion Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now Effective financial management is paramount for the success of a hotel business. One of the critical aspects of financial management is budgeting, a process that traditionally involves significant time, effort, and coordination among various departm... Jason Q. FreedHospitality Data Evangelist Otelier (formerly myDigitalOffice)More in this category Property TechnologyMore in this category Management CompaniesMore in this category Finance & AccountingMore in this category Asset Management More like this Opinion Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management As renowned author Maya Angelou once said, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” This sentiment is at the core of what most hoteliers strive to achieve for guests du... Jill WilderPresident, Aptech Computer Systems Inc AptechMore in this category Property TechnologyMore in this category Finance & Accounting More like this The Hotel Yearbook Technology 2024 Entering the Everything-Data Decade Download Your content on Hospitality Net? Hospitality Net membership explained
Press Release Wall of U.S. hotel debt maturities to catalyze transactions $5.8 billion of U.S. hotel single-asset securitized loans, including CMBS and CRE CLOs are coming due for maturity in 2024. Despite the U.S. hotel industry demonstrating strong RevPAR performance, there are multiple headwinds that could impede the r... JLL More in this category Real Estate & InvestmentMore in this category Finance & Accounting More like this
Press Release Hotel Financials: Key Changes in USALI 12th Edition The 12th revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) fundamentally enhances the transparency of financial and operational aspects in the hospitality industry. To quote Sir Arthur Conan Doyle’s iconic character ... HotStats Limited More in this category Finance & Accounting More like this
Opinion From Paper to Platform: Future-Proof Your Procurement Team With Digital Transformation In an eye-opening survey by PwC, global procurement professionals have spoken when it comes to their digital transformation initiatives. By 2025, procurement departments have an average target of 72% digitalisation, with efficiency, transparency, tr... Johannes VockeChief Financial Officer at FutureLog FutureLog AGMore in this category Property TechnologyMore in this category Lodging IndustryMore in this category Finance & AccountingMore in this category InnovationMore in this category Procurement More like this
Opinion Management Company Compensation Slows in 2023 Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel ... Robert MandelbaumDirector of Research Information Services at CBRE Hotels CBRE HotelsMore in this category Finance & Accounting More like this
Supplier News FutureLog Debuts Digital Capital Expenditure (CAPEX) Management Solution for Precise, Transparent Financial Planning FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, unveiled its latest innovation last month: a trailblazing smart Capital Expenditure (CAPEX) Management solution. The intuitive platform ... FutureLog AG More in this category Information TechnologyMore in this category Finance & Accounting More like this
Supplier News Maestro PMS Launches MezzoPay Embedded Payments; Excitement Abounds Among Clients to Install the Enhanced, Seamless, Secure Payment Offering Maestro PMS, a Web Browser-based cloud and on-premises all-in-one property-management system, announced the addition of MezzoPay as its new embedded payment processing solution. Powered by Fullsteam, MezzoPay equips hoteliers with the ability to off... Maestro PMS More in this category Property TechnologyMore in this category Finance & Accounting More like this
Press Release 137: $600,000 Trash Can - David Lund on Top Floor Podcast David Lund is the Hotel Financial Coach, a thought leader and trainer on using financial data to drive your business decisions and your career. A 30-year hotel vet, David has seen everything, a lot of which he shares in his book, The Prosperous Hote... David Lund More in this category Lodging IndustryMore in this category Finance & AccountingMore in this category Luxury Travel More like this
Supplier News Docyt and x·quic Partner to Deliver Bundled Financial Services Solution for Hotel Owners and Franchisees Docyt, the frontrunner in AI-driven accounting automation technology, is partnering with x·quic™ on a bundled services offering that empowers hotel owners and franchisees to seamlessly integrate Docyt’s real-time bookkeeping capabilities with x·quic... Docyt More in this category Property TechnologyMore in this category Finance & Accounting More like this
Opinion Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now Effective financial management is paramount for the success of a hotel business. One of the critical aspects of financial management is budgeting, a process that traditionally involves significant time, effort, and coordination among various departm... Jason Q. FreedHospitality Data Evangelist Otelier (formerly myDigitalOffice)More in this category Property TechnologyMore in this category Management CompaniesMore in this category Finance & AccountingMore in this category Asset Management More like this
Opinion Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management As renowned author Maya Angelou once said, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” This sentiment is at the core of what most hoteliers strive to achieve for guests du... Jill WilderPresident, Aptech Computer Systems Inc AptechMore in this category Property TechnologyMore in this category Finance & Accounting More like this