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…
USALI 12th Revised Edition Exposure Draft: Energy, Waste, and Water
In updating the Uniform System of Accounts for the Lodging Industry (USALI) to its 12th edition, the Global Finance Committee (GFC) and HFTP reached out to partner with the AHLA Sustainability Committee to enhance the Utilities-Schedule 9 in the USALI 11th edition to become the new Energy, Water, and Waste (EWW) of the USALI 12th edition.
Technology, Financial Leadership and the Fast-Paced Race of the Hospitality Industry
Written by: Artak Gevorgian, CHAE, MBA — Official HFTP® 2018 Guest Blogger The HFTP 2018 Annual Convention is officially over, and I am now back to my routine in the other part of the world — Muscat, Oman. The blog I wrote before…