Accounting [best] | Hotel

πŸ“Š Great hotels sell experiences. Great hotel accountants ensure those experiences don't bankrupt the business.

πŸ‘‰ Never post OTA revenue as gross income. Always net it against commissions immediately. hotel accounting

2️⃣ Rooms have high margins (70-80%), but F&B is low (20-30%). You need to see profitability per square foot, not just the bottom line. πŸ“Š Great hotels sell experiences

🏨 Numbers are the unsung heroes of hospitality. hotel accounting