Hotel Finance & Accounting

Support for hotels through a variety of accounting and finance functions -  including either centralized or decentralized accounting, internal audit and risk management - are fundamental to the financial success of the property.

Interstate Hotels & Resorts' centralized accounting provides services to more than 140 hotels, inns, resorts and conference centers. Accounting team members, including CPAs and MBAs, provide expertise in all aspects of accounting and cash management, payroll, tax, transaction processing, and financial reporting. Usage of centralized accounting services reduces the amount of staff needed on property, providing additional cost efficiencies.

With decentralized accounting, functions remain at the property level with oversight by regional team members who review and analyze monthly reports, provide financial analysis, and support the property with training and best practices.

Impartial internal audits are conducted on a regular basis to ensure operational controls and standards are utilized for the protection of each asset. Comprehensive and well-priced insurance programs for workers' compensation, property, casualty, liability and more are available to hotel owners, along with aggressive risk management training.