Hotel Financial Accounting

In the hospitality management business, as in any other business, the bottom line is the most important gauge of success. We can show you innovative ways to manage the financial side of your business, and maximize profitability. What matters most is transparency and reporting. While it’s important to communicate strong results, what may be even more critical is having the systems in place to quickly identify the existence and point of origin of disappointing financial results, so management can quickly assess the situation and put the necessary solutions in place to restore profitability.

Daily, weekly and monthly reports support both hotel operations and corporate demands. Travelers Hotel Group employs sophisticated software applications tailored to the hotel industry to focus management’s attention on the relevant data, thus enabling quick, effective fine tuning.

Controlling costs, managing assets, and balancing risk with reward are just some of the functions provided by our finance and account oversight team. Here is a full list of our capabilities:

  • Budgeting
  • Operational financial statements – P&L Statements
  • Internal Audits
  • Cash Flow Analysis
  • Financial Narratives
  • Property / Casualty Insurance Management Plans
  • Workers’ Compensation Claims
  • Centralized Accounting System