Explaining Accounting
An accountant shares real client examples of hotel accounting disasters, from untrained staff managing books to $42,000 in uncollectable guest receivables needing write-offs.
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Posts by author
Automatic
2020 posts
Aven Hospitality Partners with Protect Group to launch Refund Protect to its hotel portfolio
Aven Hospitality integrates Protect Group's Refund Protect into its booking engine, allowing hotels to offer optional refundable upgrades at checkout.
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HVS Asia Pacific Hospitality Newsletter – Week Ending 27 February 2026
The newsletter covers five major hotel transactions across Asia Pacific totaling over USD200 million, including conversions and REIT acquisitions.
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Crafting a Global Boutique Vision Rooted in Japanese Hospitality
For our founder, Yoshitaka Nojiri, hotels have always held a certain magic. From family celebrations to memorable meals, they were places where ordinary moments became extraordinary—both familiar and uniquely memorable.
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When Hotels Become Destinations: The Power of History in the Experience Economy
The author argues that historic hotels create competitive advantage by offering authentic narratives and cultural connections that transform guests beyond traditional service delivery.
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The booking was made. The guest never arrived. Nobody noticed
Elektraweb integrates Fikäfi's payment system to help 5,000+ hotels recover lost bookings from payment failures, claiming two shadow guests exist for every completed booking.
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From ESG Messaging to Mandatory Disclosure: the Growing Role of Hospitality Procurement
New UK sustainability standards make carbon reporting mandatory, with hotel procurement teams now responsible for tracking emissions from all purchased goods and services.
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Rising Hotel-to-Serviced-Apartment Conversions Driven by Tech and Lower Operational Costs in Europe
🏨 March 2, 2026, across Europe, high construction costs are pushing hotel conversions to tech-enabled serviced apartments. These models cut costs by eliminating front desks, daily housekeeping, and F&B operations, appealing to investors with better margins and predictable cash flow. In Germany and the Nordics, long-term leases mitigate operational risk. Rising sustainability concerns and evolving guest expectations favor these service-light assets, challenging traditional hotels to adapt for future competitiveness.
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HEDNA–NYU Study Reveals GDS Surpasses Direct Channels as Leading Corporate Booking Platform by 2025
📊 Mar 2, 2026: Independent hotels have overlooked GDS, the leading corporate booking channel overtaking direct channels between 2023-2025. GDS bookings have higher ADRs and longer stays. Despite modern platforms like Cloudbeds and Mews offering GDS connectivity, many hotels focused on direct booking. With automation reducing complexity, GDS access is now feasible for independent hotels. The HEDNA-NYU study confirms the shift, urging awareness to capture corporate travelers and reduce revenue loss.
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Skyscanner Introduces ChatGPT App for Conversational Flight Searches in the U.K. and U.S.
✈️ Mar 2, 2026: Skyscanner launches a flights app in ChatGPT, available in the U.K. and U.S. Travelers can search and compare live flights using natural language. The app keeps Skyscanner’s metasearch model; bookings redirect to providers. This is part of a trend with travel brands like Expedia and Booking.com also using AI platforms. A chief AI officer leads Skyscanner’s strategy, focusing on trust and commercial viability as AI expands in travel search.
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