Hospitality Financial Leadership: The Key Attributes of a Proper Hotel Financial Statement

David Lund | April 4, 2022

By David Lund Having a monthly financial statement for your hotel is the key to creating an effective management process inside your business. But, like many things in life, hotel financial statements are not all equal. To be effective your statement needs to be in shape, and it must have the proper features that allow you the insight you need to make better operating decisions in a timely manner. That is what this is all about, defining what the modern-day standards are when it comes to designing and producing a good hotel financial statement.   Monthly First and foremost, you MUST produce your financial statement each mo...