The Bottom Line is the Bottom Line (straightforward and comprehensive)

The backbone of Tecton Hospitality operation standards is a robust system of financial accountability for hotels designed to increase transparency, maximize oversight and improve margins.

The keys to our success include:

• Having Standard Accounting Operating Procedures in place to ensure a sound internal control environment.
• Focus on maximizing bottom-line results.
• Detailed forecasting models to provide hotel 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.

Through these tools, Tecton Hospitality provides hotel management with the financial oversight necessary to turn independent and franchise hotels into highly profitable properties.