A Better Way: Three Questions All Hospitality Accountants Should Ask Themselves
Written by: Shane Middleton“There has to be a better way!” We hear it all the time – even in the accounting department. The truth is that we are always hardwired to want more and better. Unfortunately, we are always looking…
Hospitality Accounting Professionals: All the Reasons to Love What You Do
As the U.S. Thanksgiving holiday approaches, here is a reminder of what our accounting members should be thankful for this year. Written by: Katie Paolino, CHAE When our mind starts to spiral, why is it always into a black hole…
Ask the Expert: Understanding Flow Through and Flex
Written by: Laura Resco Flow through and flex are two key metrics of hotel profitability. While flow through is the percentage of extra profit that flows to the bottom line from each incremental dollar of revenue, flex is the amount…
Silos and the Social Club
Written by: James J. Reilly, CPA, JD Albert Einstein is quoted as saying that “[t]he hardest thing in the world to understand is the income tax.” Well, the computation of taxable income is getting harder, especially for tax-exempt social clubs. An…
Healthy Work Habits to Reduce Costly Workplace Injuries
Written by: Dr. Barry Carlin, HFTP 2019 Annual Convention speaker Many hospitality properties have been trying to solve the expensive and disruptive workplace injury problem with little, or often only temporary, relief. Now, imagine predictable injury reductions and productivity improvements…
The Right to Privacy and How to Protect It
Written by: Paul West From Blockchain and distributed ledger technologies to prioritizing data protection, privacy and security — each of my sessions taking place at the HFTP 2019 Annual Convention this October will present the opportunity to get a straight…