Hospitality Net

DECEMBER 17, 2023

No one can explain accounting.

Accounting 73

Accounting 73

Hospitality Net

NOVEMBER 3, 2023

Choosing the perfect accounting and financial reporting software for your company is a crucial decision that can have a significant impact on your financial management and efficiency now and in the future.

Accounting 63

Accounting 63

Hospitality Net

JULY 31, 2023

Mailbox providers (MBP) such as Google, Yahoo, and others are retiring inactive accounts, a move that benefits them by reducing storage costs and freeing up desirable accounts and email addresses. Google recently made headlines with its announcement that accounts inactive for 2 years will be retired, starting as early as December 2023.

Accounting 63

Accounting Marketing 63

Hospitality Net

NOVEMBER 1, 2023

M3 Accounting Services, Inc. (“M3”), M3”), the pioneer of hospitality-specific accounting software and the hospitality industry’s #1 rated cloud-based accounting, financial reporting, and data management platform, has announced the launch of its new and intuitive, web-based accounting platform, M3 CoreSelect™.

Accounting 40

Accounting 40

Hospitality Magazine

AUGUST 28, 2023

The post Ex-Gosford bistro operators penalised $9,990 in court appeared first on hospitality | Magazine. The Federal Circuit and Family Court imposed a $7,992 penalty against Tolu Investors and a $1,998 penalty against Goldsmith.

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Accounting Magazine 130

Hospitality Net

JUNE 20, 2023

Shiji, the global hospitality technology innovator, has announced the promotion of Michelle Silverman to the role of Senior Vice President of Global Accounts. Silverman, a long-standing member of the Shiji team, brings extensive industry experience and a proven track record of success to her new position.

Accounting 87

Accounting 87

Hospitality Net

MAY 3, 2023

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technologies, has partnered with Owner Relations, a leading provider of accounting solutions for fractional and whole-ownership condominium hotels, to deliver a seamless integration to the Stoweflake Mountain Resort & Spa, a premier Vermont luxury resort (..)

Accounting 75

Accounting Property Management 75

Hospitality Net

AUGUST 2, 2023

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, today announced an expanding partnership with Omniboost, an innovative integration provider connecting PMS systems with leading accounting, point-of-sale (POS), and other hospitality platforms.

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Accounting Property Management 78

Hospitality Net

JANUARY 9, 2024

M3’s Accounting Core™ solution has been named 2024’s #1 Finance & Accounting Software by Hotel Tech Report, and M3’s Labor Management™ solution has been named 2024’s #2 Scheduling and Labor Management Software.

Accounting 52

Accounting Scheduling 52

Hospitality Net

MAY 16, 2023

PVNG enterprise accounting and Targetvue budgeting and forecasting solutions from Aptech fit the bill for their ability to affordably give operators the insight, flexibility and control they desired.

Accounting 69

Accounting Budgeting 69

Serviced Apartments

APRIL 18, 2024

Lamington Group focuses on three main aspects when addressing sustainability within the company: net zero, circularity, and health and wellbeing. With buildings accounting for 40 per cent of greenhouse gas emissions, the real estate sector – and the hospitality industry in particular – can no longer shirk its responsibility.

Download 52

Download Accounting 52

Hotel Owner

JANUARY 31, 2023

Sustainability is seen as crucial to the success of businesses across industries, but there is scepticism about who is telling the truth and being ethical, accountable and transparent. In the past decade, consumer consciousness and worldwide concern have increased in tandem with the growing severity of the climate crisis.

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Travel and Tourism Accounting Communication Budgeting 111

Hospitality Net

NOVEMBER 29, 2023

M3 Accounting Solutions, Inc. (“M3”), As part of this partnership, M3 will embed AvidXchange’s industry-leading payment automation technology into CoreSelectTM, its latest cutting-edge accounting offering, providing the industry a more efficient and accurate way to manage its deeply complex payments process.

Accounting 48

Accounting Marketing 48

Hospitality Net

JUNE 8, 2023

has reaffirmed its commitment to Aptech through the recent adoption of its PVNG enterprise accounting software and NEW Execuvue Business Intelligence platform. Highpointe Hotel Corp., a full-service management and development company based in Gulf Breeze, Fla.,

Accounting 52

Accounting Service Management 52

Revenue Hub

APRIL 22, 2024

For too long, the hospitality industry has managed marketing with an emphasis on the expense side of the ledger. The most common approach is to sign up with a hospitality metasearch provider that offers an inexpensive technology connection fee and then allocate a small amount of dollars (3-figure amounts) to the campaigns.

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Budgeting Book Presentation Marketing 104

Modern Restaurant Management

APRIL 8, 2024

One way we further a culture of food safety is not shying away from pictures of our team wearing hair nets, gloves, and always portraying best practices. So hospitality and customer service is always first and foremost. There is no slow moving in these industries. Customer Centric Finally, food businesses are built around people.

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Front of House Customer Service Accounting Communication 187

Hotel Owner

SEPTEMBER 13, 2023

After a challenging few years for the sector, it’s estimated that more than 10% of the UK’s hospitality businesses have permanently closed since March 2020, according to the Hospitality Market Monitor. One example is the recent partnership between Valor, IHG Hotels and Resorts, and Zeal Hotels to create a net zero hotel.

Accounting 103

Accounting Service Management Marketing 103

Hotelogix

NOVEMBER 12, 2023

Reports like hotel revenue report and MIS hotel report are essential for every type of hospitality property. This includes all transactions posted, and then a breakdown of business within each of 3 ledgers – guest, accounts receivable and deposits.

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Property Management Reservations Book Accounting 147

Hotel Owner

FEBRUARY 27, 2023

According to the organisation, the hospitality sector has been warning for years that the scheme is not fit-for-purpose and would place enormous costs on businesses. This comes at a time of already mounting inflationary pressure.

Accounting 105

Accounting 105

Hotel Owner

MAY 19, 2023

Highgate CEO Arash Azarbarzin said: “We all share an urgent responsibility to reduce our impact on climate change, and this is especially true for the hospitality industry. Paul McElroy, executive VP of Design and Construction, added: “We are deeply focused on sustainable design and construction practices, partners and opportunities.

Accounting 105

Accounting Presentation Hospitality Management 105

eZee Absolute

JUNE 5, 2023

Introduction In an industry as competitive and dynamic as hospitality, understanding the factors that drive profitability is crucial for the success of any hotel business. It calculates how much profit you are making and your net income by subtracting all your expenses and debts. Well, yes and no.

Marketing 96

Marketing Accounting Training 96

Hotel Owner

NOVEMBER 28, 2022

As COP 27 draws to a close, environmental risks dominate the headlines and climate-change-related risks account for three of the top risks by severity in the next 10 years. It explained that Net Zero was ‘ too little too late’ and there was no carbon budget left to spend. Be Accountable. Global temperatures would exceed 1.5°C

Accounting 105

Accounting Communication Training Document 105

Synergy Suite

NOVEMBER 23, 2023

EBITDA is more than just a jargon-heavy financial term; it’s a clear indicator of your restaurant’s operational performance minus the direct impact of financial and accounting decisions. This metric is calculated by adding back interest, taxes, depreciation, and amortization to net income.

Accounting 52

Accounting Information Demo Marketing 52

Hotel Owner

FEBRUARY 22, 2023

It is a vision of a better tourism industry, with sustainability as a core value that underpins all businesses, with courageous leaders who use the power of business to achieve the UN Sustainable Development Goals (SDGs), advance circularity, contribute to conservation and operate with Net Zero emissions.

Travel and Tourism 105

Travel and Tourism Accounting Training Budgeting 105

Hotel Business

MAY 4, 2023

. “We raised our full-year RevPAR outlook while maintaining our record level pipeline and industry-leading net rooms growth. ” First-quarter highlights Net income was $58 million in the first quarter of 2023 compared to net loss of $73 million in the first quarter of 2022. .” in the first quarter of 2023.

Accounting 59

Accounting Pricing Book Marketing 59

Revenue Hub

JULY 17, 2023

Source What else is happening in the tourism and hospitality industries? Ramp up of events Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, has recently reported that June meeting and event volume is up 30.3%

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Travel and Tourism Book Article Events 69

Hotel Business

MARCH 13, 2024

By Jared Lerner In the competitive landscape of the hospitality industry, hotels are constantly seeking innovative ways to optimize their operations, increase revenue and enhance guest satisfaction. On top of that, this strategy also allows them to capture incremental revenue that would otherwise be left on the table.

Guest Satisfaction 69

Guest Satisfaction Catering Budgeting Scheduling 69

Revenue Hub

APRIL 13, 2023

Of course, top-line metrics like Occupancy, ADR and RevPAR don’t take into account the various costs of running a hotel business. Another limitation of RevPAR is that it only considers room revenue, without taking into account other increasingly important revenue streams such as food and beverage, spa, or conference and event space.

Accounting 75

Accounting Article Pricing Information 75

Hospitality Net

NOVEMBER 2, 2023

A new report from Catalyst – a global nonprofit promoting gender equity and workplace inclusion – reveals that women in the United States working in frontline roles need more respectful and rewarding workplace experiences that value their life circumstances, health, well-being and talent.

Accounting 50

Accounting 50

Revenue Hub

NOVEMBER 7, 2023

NB: This is an article from Smartpricing Subscribe to our weekly newsletter and stay up to date Understanding Historical Data and Its Impact on Revenue Strategy At the heart of a thriving hospitality enterprise lies a treasure trove of data − your historical performance records.

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Download Article Pricing Definition 87

Revenue Hub

NOVEMBER 30, 2022

Distribution strategy in the hospitality industry is changing. Hoteliers are becoming more selective in how they think about managing channels, focusing on the value of partnership and net key performance indicator performance. NB: This is an article from IDeaS. Subscribe to our weekly newsletter and stay up to date.

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Reservations Pricing Book Accounting 81

Hotel Business

FEBRUARY 7, 2024

Last month, Carmen Almos launched Ashburton Hospitality , a full-service consultancy firm focused on asset management. Hotel Business spoke with the founder and CEO about her hospitality journey, the new venture and what it means for aspiring female hospitality professionals: How did you get your start in hospitality?

Accounting 118

Accounting Marketing 118

The Restaurant Times

MARCH 6, 2023

It is well known that the hospitality sector has lower profit margins than other market segments. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. For this reason, the profit margin of your restaurant is one of the defining factors of its success.

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POS Systems Catering Server Pricing 52

Hospitality Net

APRIL 8, 2024

According to BCD Travel’s Cities & Trends 2023 United States edition, Europe accounts for seven of the 10 most visited intercontinental cities for American business travelers, with London being the most popular. The report is based on BCD flight and car rental data in 2023 in the U.S.

Accounting 94

Accounting 94

Hospitality Magazine

JULY 19, 2023

Potter looks back on her career with Hospitality, covering lessons learned from Thompson and the cuisine she’s serving up at Viand. While her father wanted her to become an accountant, Potter decided to head down the culinary career path. “I Food was a big thing in our family,” she says. “It

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Accounting Magazine Book Marketing 100

Hospitality Net

FEBRUARY 21, 2024

M3, LLC (formerly known as M3 Accounting Services, Inc.) the nation’s #1 hotel accounting software and services provider, announced significant additions to the M3 leadership team. Rich Wilhelm has been appointed the new Chief Financial Officer (CFO), and Parag Doshi has been appointed as the Chief Technology Officer (CTO) at M3.

Accounting 72

Accounting 72

Hotel Business

JANUARY 26, 2023

According to JLL Hotels & Hospitality Group ’s latest Global Hotels Investment Outlook , even with global inflation and geopolitical tensions, expectations are that investors will deploy capital across a range of lodging verticals to capture an increased share of a traveler’s experience this year.

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Travel and Tourism Accounting Presentation Events 59