ROBUST ACCOUNTABILITY

The backbone of Desires Hotels’ operation standards is a robust system of financial accountability designed to increase transparency, maximize oversight and improve margins. The keys to our success include:

• Standard Accounting Operating procedures in place to ensure a sound internal control environment.
• Focus on maximizing bottom-line results.
• Detailed forecasting models providing management with the information needed to react quickly to changes in business activity.
• Comprehensive, daily on-property reports available to maximize the flow of information in making informed business decisions.
• Ongoing statement reviews and cash flow analysis to maximize profitability and provide proactive cash position management.
• Regular internal audits to ensure compliance with Standard Operating Procedures and minimize risks.
• Ad hoc analysis and comparison reports as dictated by the business needs.
• Centralized accounting for select full-service and all limited-service hotels.
• Consolidation reporting and analysis by hotel, brand, and ownership group.