PwC's 22nd annual CEO Survey reveals a more cautious outlook for business.
Year to date through the first four months of 2019, the Hotel Stock Index is up 20.1%.
The Baird/STR Hotel Stock Index dipped 0.9% in March to 4,642. Year to date through the first three months of 2019, the index was up 14.1%.
When I work with hotel clients around their financial leadership its often centered on getting the team to do their monthly financial forecast. A greater interest in doing it produces better and more consistent results. When doing financial leadership workshops and individual coaching, I inevitably discover the same thing time and time again. Its the disconnect between the executive team/director of finance part of the operation and the department line managers. In this piece I am going to explain why this disconnect exists, how to detect it and what you can do to fix it.