The #1 Reason Hotels Fly Blind on Cash–And How To Fix It
If your visibility into cash balances is even a day old, you’re already flying blind. Seasonal swings, high fixed costs, and last-minute changes in occupancy mean money moves faster (and riskier) than in almost any other industry. While profitability is crucial for long-term success, it’s liquidity that keeps the lights on and operations running smoothly...