Hospitality Financial Leadership – The Daily Revenue Audit – The Must Do's – By David Lund

The hotel business is a retail business and in order to stay on top of your business, you must fully and completely balance your daily revenues and settlements. This means dotting the eyes and crossing the Ts, examine them. Every day we begin anew and every day is a story unto itself when it comes to the revenues and settlements. I may sound like I’m repeating 'revenues and settlements,' but it cannot be emphasized enough.