Few areas are as important to planning and decision making as efficient accounting systems. Up-to-date information on occupancy; room rates; food and beverage costs; and revenue along with a wealth of additional financial data, are frequently analyzed, allowing management to more efficiently guide the operations of a property.
Our expertise in financial planning for the owner is reflected in our commitment to develop accurate operating forecasts, cash flow projections, capital expenditure plans and recommendations enabling each owner to make timely and well-informed investment decisions.
Schulte Hospitality Group submits a monthly, detailed profit and loss statement showing the results of operations for the preceding calendar month, the operating year to date and a comparison with the same month of the preceding year. All such profit and loss statements are prepared in accordance with the Uniform System of Hotel Accounts.