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INSIDE VIEW |
New Data! Mining A Hotel's Operating Statement - By Robert Mandelbaum
When preparing the first edition of the Uniform System of Accounts for Hotels in 1926, the Hotel Association of New York City set out to establish a uniform 'responsibility accounting system' for the lodging industry. This dictum recognizes that one of the main purposes of the hotel operating statement is to provide a logical presentation of hotel revenues and expenses that enables management to act upon the interpretation of the data.
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The Weight of the Wait - Time is Money! - By Roberta Nedry
Think of how much today's consumer 'waits' on a daily basis, the doctor's office, traffic, on hold while on the phone, supermarket and gas lines, at the bank, DMV or utility office, for a spouse, for kids, for friends, for meetings to start and the list goes on and on.
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Food & Beverage - 6 Cool Tools to Build Buzz and Customer Traffic - By Ken Burgin
Customers often ask 'what's new?'...so what do you say?
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Social Media for Hotels - What You Can Do in This Economy - By Neil Salerno
TripAdvisor...The Best Thing since Peanuts
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FEATURED SUPPLIER |
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FEATURED MAGAZINE |
Restaurant Business Restaurant Business is the only publication that is all about and only about the restaurant entrepreneur--serving regional and emerging chains, multi-concept operators and high-volume independents with ideas to innovate and grow.
Features include growth strategies, innovations, the restaurant life, 20-minute University--powered by Culinary Institute of America and much more. Published 12 times a year.
Geographic Eligibility: USA
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UPCOMING
INDUSTRY EVENTS |
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FEATURED BOOK |
Accounting for Hospitality Managers
Those learning about hospitality accounting at the supervisory and managerial level will appreciate this textbook. This edition features NEW chapters on Budgeting Expenses, Forecasting Sales, Budgetary Reporting and Analysis, and Financial Decision Making. Unique features include a chapter on interim and annual reports, presentations of computerized regression analysis using readily available spreadsheet software; and discussion of such topics as open/close for the off-season, business acquisition, and vehicle leasing.
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