Monthly Archives: June 2017

Why Doesn’t My Director Of Finance Step Up?

By | 2017-06-19T14:42:40+00:00 June 19, 2017|Uncategorized|

Hospitality Financial Leadership Provided by Hotel Financial Coach David Lund Why Doesn’t My Director of Finance Step Up? Your DOF is a great accountant. The director does a solid job running the accounting department and is very efficient. Your monthly financials are timely and overall the accuracy is high. The internal audit reports are very [...]

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How To Calculate A Destination Marketing Fee (DMF)

By | 2017-06-12T15:12:33+00:00 June 12, 2017|Uncategorized|

A Destination Marketing Fee (DMF) is voluntarily collected by hotels in some communities. It is used to enhance tourism marketing and community initiatives. These fees are not legislated by government. If your hotel collects DMFs, you must ensure you are calculating them correctly! DMFs form part of the cost of accommodation. Both the GST and [...]

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Cleaning Up After A Death

By | 2017-06-21T09:37:22+00:00 June 5, 2017|Uncategorized|

Provided by Trauma Scene Bio Services Inc. Sometimes the unexpected happens in hotels. Unfortunately, this means a hotel can be the scene of a tragedy or crime. When a guest dies or there is a violence incident in a hotel, how it's handled can affect your staff, your guests, and your business. As the landlord, [...]

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