LEADERSHIP
074 | Increase Hotel Profits Through Financial Leadership with David Lund
LEADERSHIP
David is an international hospitality financial leadership expert who has held positions as a Regional Financial Controller, Corporate Director and Hotel Manager with Fairmont Hotels & Resorts. David authored an award winning workshop on financial leadership, and he coaches hospitality executives, leads group facilitations with hospitality teams and delivers his Financial Leadership Training workshop throughout the world.
In This Episode, David Talks About
- The concept of financial leadership, what it is, and how it can impact a hotel’s profitability.
- Creating a financial communication system where the leadership team knows what is happening financially, and is plugged into the financial well-being of the hotel.
- Why making agreements with your team, not setting expectations, is more effective in building commitment.
- His financial leadership workshops, how they work, and how he’s able to guarantee a return on investment for his training.
- Some practical, actionable steps hoteliers can take today to have an immediate impact on profitability.
David offered to share his e-book, The Seven Secrets to Increase Your Hotel Profits Fast, for FREE with the Lodging Leaders community. Click here to download the book!
Resources & Links
- david[at]hotelfinancialcoach.com
- Website
- Google+
- Office: 949-791-2739
- Direct: 415-696-9593
David Lund
The Hotel Financial Hotel
708 Fernleaf Avenue
Corona del Mar, CA 92625
LEADERSHIP
-
346 | Repositioning For Recovery: Hotel conversions to outpace new builds
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
-
345 | ‘Rosy View of Future’: Hotel industry sees unleashing of pent-up investor demand
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.