CORPORATE SERVICES
Accounting Function
The H&B accounting team manages all aspects of the accounting function from our corporate offices located in Ayrsley. Our Vice President of Accounting and their staff of accounting professionals handle the demands of a multi-property accounting system. They provide managed properties with a complete hospitality accounting solution on a daily basis. Constant assistance is provided with all accounting functions to each property. H&B Hospitality Management provides the properties with a comprehensive hospitality operations guide that covers all aspects of on-property administration. These policies and procedures are reviewed annually by both our hospitality accounting staff and our independent certified public accounting firm to make sure they are up-to-date with the most current standards in the industry.
We utilize a state of the art centralized accounting system which allows our hospitality management company to detect and respond to costs that challenge a business daily.
The accounting team provides these services:
General ledger analysis
Fixed asset recording and maintenance
Accounts payable management and check writing
Accounts receivable management and monitoring
Daily revenue reporting and analysis
Daily cash reporting and cash flow analysis
Coordination of bi-weekly payroll with our payroll service
Preparation of bi-weekly payroll management and overtime reports
Preparation of monthly sales and use tax returns
Preparation of monthly financial statements and reports
Analysis of operating variance
Preparation of annual operating and capital budgets
Comprehensive internal audits
HUMAN RESOURCES
The administration of human resources is a critical function in hotel management and H&B Hospitality Management has a dedicated professional to keep pace with current law. The Vice President of HR at the corporate level builds, incorporates and sustains a comprehensive and vibrant culture at the property level with the aid of property Human Resource Managers. The focus is on structured and comprehensive guidelines in the following areas:
• Recruitment
• Employee Relations
• Compensation and Benefits
• Compliance
• Training and Development
• Safety
Our philosophy is centered on investing in the hospitality professional development of our employees by offering corporate educational opportunities, hospitality career advancement and a positive work environment. We are committed to results in higher guest satisfaction and overall profitability at our managed hotels.
SALES & MARKETING—REVENUE MANAGEMENT
H&B Hospitality Management is dedicated to creating well trained and capable sales teams. Our seasoned VP of Sales will work with hotel general managers and directors of sales to create a sales focused culture within each business unit. We place high emphasis on revenue maximization and provide extensive training and support to achieve this. Our in-depth knowledge of a wide variety of hotel markets is blended into our sales focus of:
• Client\Hotel relations
• Maintaining Top Accounts
• Rate integrity
• Guerilla Marketing
• Ecommerce, Social & Internet Marketing
• Sales Office Management and Audits
• Competitive Positioning
• Hotel Banquet & Catering Sales and Promotion
• Professional Creative Design Team
To accomplish these goals, H&B Hospitality Management dedicates substantial training and a heavy emphasis on aggressive direct selling with the integration of Revenue Management.
FOOD AND BEVERAGE
H&B Hospitality Management’s primary goal for food and beverage operations is to provide a quality experience for our guests while maximizing revenue opportunities. We also strive to meet and exceed brand expectations for complimentary services.
H&B’s focus is to train associates and develop systems that provide guests with a quality and consistent experience. In addition to contracted services, we perform continuous evaluations of all food vendor products regarding the food quality and pricing. Additional areas of focus:
• Retail and banquet menu development
• Develop training, “best practices” and detailed shop call programs
• Provides on-going competitive/market pricing analysis in banquet/catering and F&B retail outlets
• Budgeting assistance