Fairmas hotel report: October 2014

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Fairmas hotel report: October 2014

October 10, 2014, In All news, Fairmas hotel report

Hotel Performance September 2014 in comparison to previous year

New laws, regulations, and directives are as much part of every New Year as the popping of corks and the making of good resolutions. On 1 January 2015, the eleventh version of the Uniform System of Accounts for the Lodging Industry (UASLI) will be published. This is the hospitality industry’s standard instrument for cost accounting, benchmarking, accounting and reporting. In many hotels, the controllers (at least) have been considering the new amendments and preparing for the introduction of the new edition. We will inform you about the most important changes – key word “globalization”. The Fairmas team is supporting its clients with advice and assistance in implementing the new edition of the USALI.

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