Accounting for Hotels 101: All the Basics You Need to Know

Discover the ins and outs of hotel accounting in this comprehensive guide. From understanding the unique financial needs of the industry, handling day-to-day operations, managing seasonal variations, to implementing specialized hotel accounting software, we delve into everything you need to manage your hotel’s finances effectively.

Read More

Why Security Should Be Your Highest Priority for Hotel Software Moving Forward

Discover why prioritizing security is crucial for hotel software. Safeguard guest data, protect against cyber threats, and ensure a trusted and reliable experience. Stay ahead of evolving risks and make security your top concern when choosing hotel software solutions.

Read More

Mastering Hotel Report Consolidation: Traditional vs. Simplified Approaches

Discover the ultimate guide to mastering hotel report consolidation. Explore the differences between traditional and simplified approaches, and unlock efficient methods to streamline your reporting process. Simplify your workload and maximize productivity with our expert insights.

Read More

Streamlining Hotel Finances: A Guide to Automating Bank Reconciliation

Discover effective strategies and tools to automate bank reconciliation for hotels. Learn how to streamline financial processes and reduce manual effort through innovative automation techniques tailored specifically for the hotel industry.

Read More

When and Why You Need to Switch to a Hotel-specific Accounting System

Discover the importance of transitioning to a hotel-specific accounting system. Learn when it’s time to make the switch and why it’s crucial for streamlining financial operations, improving accuracy, and maximizing profitability.

Read More

Overcoming Migration Hurdles: How HIA Imports Historical Data

Learn how Hotel Investor Apps expertly imports historical data, providing an in-depth guide on the seamless process.

Read More

Embracing Technology to Stay Ahead in the Hotel Industry: Trends and Predictions for the Future

As talk about AI and machine learning continues to grow, we can’t help but wonder what role will these technologies play in shaping the future of our industry? Right now, these technologies are built into many of the best business intelligence (BI) tools, giving us the ability to quickly and accurately analyze data to predict […]

Read More

How Streamlined Financial Management Can Drive Hotel Profitability: A Comprehensive Guide

As the business, leisure, and group travel markets continue to get closer to pre-pandemic levels, hoteliers are eager to harness this momentum but remain cautious about what may lie ahead. After all, today’s financial landscape feels a bit like a roller coaster. Many are still trying to fully bounce back from the pandemic, while others […]

Read More

How to Choose the Best Data Analytics Tools for Your Hotel

Wondering how top hotel companies are crushing the competition? We’ll give you a hint—they traded in their spreadsheets for powerful data analysis tools that help them easily extract powerful insights. By analyzing data on booking behavior, room rates, and more, hoteliers can optimize their pricing strategies, identify operational inefficiencies, and reduce costs, resulting in better […]

Read More

5 Powerful Hotel Revenue Management Systems to Pair with Business Intelligence Solutions

While having a fully booked hotel is something every hotel owner or manager desires, the truth is it’s not enough. Why?  Because being fully booked doesn’t mean you’re maximizing your revenue. The only way to achieve this is to have a strategic pricing strategy that takes into account various factors such as market demand, competitor […]

Read More

Revenue Management for Hotels: 5 Best Practices to Boost Your Bottom Line

In today’s competitive market, revenue management is key for hotels to optimize revenue opportunities.  With digitally-savvy and cost-conscious travelers on the rise, hotels must maximize profits while providing top-notch service.  That’s why we’ve put together five best practices for revenue management that can help hotels boost their bottom line. From conducting competition analysis to implementing […]

Read More

Vital Daily Hotel Management Reports You Need to Boost Efficiency and Drive Growth (With Examples)

The hospitality industry is a dynamic and evolving landscape, with hotel owners and managers striving to provide top-notch services while ensuring financial stability and growth. One critical aspect of achieving this is understanding and utilizing daily hotel management reports. In this guide, we’ll walk you through the different types of daily hotel management reports to […]

Read More

6 Hotel Dashboard Reporting Solutions to Manage All Your Back of House Needs in 2023

Do you want to know what’s really going on in your hotel? Because if you’re still relying on manual data entry and sending email updates, then some critical information is slipping through the cracks. Today’s hospitality landscape is more competitive than ever, so hotels must leverage data-driven reporting solutions to stay competitive. With real-time insights […]

Read More

Elevate Your Hotel Management Finances with These 5 Best Cloud-Based Accounting Software for Hotels

In today’s digitally driven world, hoteliers no longer need to commit vast amounts of time and energy into juggling multiple spreadsheets and manual data entry—they have cloud-based accounting software to do it for them! If you’re thinking of switching or just trying to streamline your finances, you want to ensure that the software you choose […]

Read More

Excel vs. Cloud Reporting for Hotels: Why You Should Switch to the Cloud

Cloud reporting is the future of hotel analytics whether you’re consolidating your portfolios, running your financials, or conducting labor management.  Yet, many hotels still run their reports through Excel because, well, old habits are hard to break.   Even though Excel comes in handy when your hotel accounting software has limited reporting options, it genuinely lacks […]

Read More

True Cloud vs. Fake Cloud: What’s the Difference?

Modern hoteliers know the importance of finding the best software to grow your business. And you may have already made the wise decision to move your accounting and back-office solutions to the cloud for the increased functionality and security. And you may have expert advice comparing different accounting & back-office solutions, but there is one […]

Read More

Newest Developments in Hotel Business Intelligence and Financial Management

2022 was a year of growth and expansion for HIA, as HIA continues to be recognized by leading hotel management companies as the most advanced and complete hotel ERP & accounting software on the market. HIA also delivered numerous new developments and enhancements to what is already the most modern hotel ERP technology available.

Read More

The Real Cost of a Downed Accounting System

There are many tools that we count on every day, and we assume that they should always be working. But what happens when that is not the case? Take accounting software, which forms the backbone of any business. It is used every day, all day, to pay bills, record revenue, and generate financial reports. It is vital to the success of a hotel business, and if the accounting software is not performing reliably, it affects not just your employees’ frustration level, but it has a real cost to your business.

Read More