Never Stress About Your Hotel Financials Again.
Running a hotel is hard enough. Maintaining a financial department on top of operations is just too much.
How are you supposed to make sure the correct processes are in place and your hotel books are being recorded correctly?
And heaven forbid your accountant quits and you have to start over!
You shouldn’t have to worry about losing money due to unwise decisions based on inadequate hotel financial practices.
You should feel confident in your hotel's financials. You need a partner you can trust.
At Hotel Solutions, we remove the stress of bookkeeping, so you can focus on the continual growth of your hotels.
When our Company Controller gave notice, we started looking at other / better ways to organize our company and keep things going forward.
As a small Hotel Management company, one of the greatest advantages of partnering with Hotel Solutions is not having to worry about having all our expertise in one person's and having a solid backup.
- James M.
- VP Operations
We highly recommend Hotel Solutions Professional Services. We were struggling with a new hotel and learning a new hospitality accounting system.
We originally hired professional services with the software but soon learned we made a big mistake. Hotel Solutions has great people, keeps us on task, and keeps on top of our staff to deliver timely hotel
financial reports each period.
- David K.
When it comes to hotel financials you deserve ...
Peace of mind knowing where your hotel is at any point in the end-of-month close process with weekly progress check-ins.
An empowered team where everyone is trained on the hotel's financials and can see how their decisions impact the bottom line.
Consistent monthly review calls with your team with hotel numbers that are accurate and timely
A team of experts who have experience seeing how different hotels have handled the issues your currently facing
A bookkeeping team that communicates with your hotels regularly to ensure everyone has a say and trains them on your hotels accounting software
We can help with that, and so much more...
To make sure you have what you need on time we do this …
We let you know your current cash position weekly, keeping upcoming expenses in mind.
We issue and mail AP checks weekly once approved by your team so your vendors get paid quickly.
We can import your hotel budget for monthly comparisons to make sure you are staying on track in your hotel's accounting software.
We review and post daily revenue entries that have been mapped from the Property Management System (PMS).
To make sure you are ready for lenders questions we do this ...
We reconcile all your cash and credit card deposits as they hit the bank.
We send you reconciliations and workpapers for all of your Balance Sheet accounts.
We enter AP AND scan the invoices directly into the hotel's accounting software to be viewed anytime.
We file and pay your sales and occupancy taxes with the breakdown of all calculations.
To make sure you know how your hotels are doing we do this ...
We provide customized monthly financial statements including a Profit and Loss, Trailing 12 (T12), Balance Sheet, and Cash Flow Statement.
We advise you on the current Uniform System of Accounts for the Lodging Industry (USALI).
We give you financials showing property comparisons of your portfolio (using actuals or POR).
On top of the nuts and bolts of producing hotel financial statements, we are here for you every step of the way!
In an outsourcing situation, there is no way to over-communicate and we take that to heart.
You will never wonder where we stand, or what is missing. It's what you've always wanted for your hotel bookkeeping.
Aside from using cloud-based accounting software, where you can view your numbers at any time, day or night, your Hotel Solutions team is available to you by phone and email or to hop on a Zoom call and see your face!
Now is the time to find cost savings by outsourcing and gain confidence in your bookkeeping team!
Partnering with Hotel Solutions is easy as,
Book A Call
Click book a call below to see how you can get your life back and never stress about your hotel's financials again with our simple hotel bookkeeping services!
Meet Your Team
Connect with your new hotel expert bookkeeping team where we guide your hotel through our simple onboarding processes.
Let us simplify and streamline your monthly hotel financial process with a dedicated hotel expert so you can focus on running your hotels and get your life back.
What our awesome clients are saying ...
I just want you all to know how much I appreciate your time, energy and commitment to all of the properties. You all are World Class and we are lucky to have such wonderful people making sure everything is being handled appropriately. You all have dealt with my crazy turn arounds in opening new businesses and have been such a consistent team. Thank you!
SHELBY PYWELL - The Mining Exchange, A Wyndham Grand Hotel
Hotel Solutions has been great to work with! They have a deep understanding of hotel financials They have been especially helpful in setting up systems and making sure everyone at the property understands them. They are always happy to explain things and offer additional training.
I am so much more confident in our financial statements since hiring Hotel Solutions.
Samir Lavani - Pearl Hospitality: The Westin Medical Center, Houston
Get our FREE Basics of Hotel Financials Today AND receive weekly tools and strategies to help build your team, make your financials more useful, and ultimately save you money!