Finance & Accounting

Next Up: Turn Your 2024 Budget into a Dynamic Hotel Forecast

Next Up: Turn Your 2024 Budget into a Dynamic Hotel Forecast

As hospitality businesses navigate a “new normal” in 2024, many of the top owners and operators have shifted focus from traditional annual budgeting to a more dynamic and responsive forecasting approach. In the wake of an uncertain economic outlook ...

Jason Q. Freed

Hospitality Data Evangelist

myDigitalOffice

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Next Up: Turn Your 2024 Budget into a Dynamic Hotel Forecast

VoucherCart Now Available on Oracle Cloud Marketplace

VoucherCart, a market-leading provider of Gift Card Technology and a member of Oracle PartnerNetwork (OPN), announced VoucherCart system is available on the Oracle Cloud Marketplace and can be integrated with Oracle OPERA Cloud Hospitality Platform ...

VoucherCart

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VoucherCart Now Available on Oracle Cloud Marketplace

RobertDouglas Secures Financing for Chartwell Hospitality’s Hilton Franklin (TN) Cool Springs

As exclusive advisor, RobertDouglas announced today that it successfully refinanced Chartwell Hospitality’s Hilton Franklin Cool Springs in Franklin, TN, one of Nashville’s most prominent submarkets. RobertDouglas secured roughly $38,000,0000 of sho...

RobertDouglas

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Asset Management

RobertDouglas Secures Financing for Chartwell Hospitality’s Hilton Franklin (TN) Cool Springs

Material and Immaterial Expenses

There is a critical understanding that all hospitality financial leaders need to clearly understand and communicate when it comes to expenses. It is a simple distinction that is many times missed or not clearly understood. That is what this piece is...

David Lund

The Hotel Financial Coach

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David Lund

How Fintech and Other Trends Are Shaping the Future of Distribution

Keeping up with the latest developments and issues in hotel distribution is essential as it changes. In December, HSMAI hosted a virtual distribution executive roundtable. Industry leaders gathered for a discussion that offered valuable perspectives...

The Hospitality Sales and Marketing Association International (HSMAI)

The Hospitality Sales and Marketing Association International (HSMAI)

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Information Technology

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How Fintech and Other Trends Are Shaping the Future of Distribution

North America Hoteliers Say PVNG Accounting Software from Aptech is ‘Grrreat!’

Bigger does not mean better. But better is how companies thrive. Such is the case for Aptech. PVNG by Aptech was recently named a finalist in the Hotel Tech Report “Best Finance & Accounting Software” 2024 popularity index for the second consecutive...

Aptech Computer Systems Inc

Aptech Computer Systems Inc

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North America Hoteliers Say PVNG Accounting Software from Aptech is ‘Grrreat!’

Do You Know How Double-Entry Accounting Works?

The concept of double-entry accounting has been around for over five centuries. In 1494 an Italian monk named Luca Pacioli who was also an accomplished mathematician devised a process for keeping buying and selling among fifth century merchants equi...

James Downey

Professor Emeritus, Lynn University

Lynn University

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Lynn University

10 Reflections on Budget Season: Lessons Learned

As another budget season in the books, it’s a good time to pause and reflect on the lessons learned from this critical period. I talked with the HSMAI Rising Revenue Optimization Leader Council about the challenges faced and strategies employed duri...

The Hospitality Sales and Marketing Association International (HSMAI)

The Hospitality Sales and Marketing Association International (HSMAI)

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Revenue Management

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10 Reflections on Budget Season: Lessons Learned

Paymerang Publishes Report on The Dangers of Managing ACH Transactions In-House

Leading accounts payable platform Paymerang recently published a new report to its blog about the dangers of managing ACH transactions in-house and how finance teams can use technology to help mitigate those risks.

Paymerang

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Paymerang Publishes Report on The Dangers of Managing ACH Transactions In-House

Actabl Partners with Avalara to Simplify and Automate Tax Compliance and Data Management for Hotels

Actabl, the leading hospitality software company dedicated to empowering hotels with actionable insights to drive profit, today announced a partnership with Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of...

Actabl

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Actabl Partners with Avalara to Simplify and Automate Tax Compliance and Data Management for Hotels