Timely accounting information, properly presented, is information that management can use to improve future performance and compare income and expenses to past performance and future goals. The Uniform System of Accounts, endorsed by the American Hotel and Motel Association, is used to present financial information. Additionally, statistics that are useful in analyzing the financial statements are included. Full supplementary schedules and balance sheet reconciliations are provided monthly. We will assist client asset managers in the preparation of their internal reports.
Accounting is accomplished using the most advantageous arrangement for the hotel.
We can either perform all of the accounting, from disbursements to statement processing, at our corporate office or decentralize any portion of the process to the hotel level. At American Hospitality Management Company, tight internal and cash controls, combined with strong manager responsibility, are key to maximizing profitability. Maintenance and Energy Management Maintenance is a key to maximizing guest satisfaction and the hotel's economic life. Maintenance is primarily preventive, therefore we make every effort to schedule it. Energy management is carefully monitored by reviewing the hotel's expenses, and, where necessary, by direct meter readings.