Darryl Law

Starting January 1, 2026, the 12th edition of the Uniform Systems of Accounts for the Lodging Industry (USALI) goes into effect and becomes the standard for hotel reporting.

With summer wrapping up, I recently caught up with a mentee who shared his experience as a summer asset management intern.

The extreme difficulty companies have finding workers is a national headline with the hospitality industry serving as the poster child.

Collectively, we all hope for an expedited market recovery, but there is a real likelihood the downturn could stretch through the third and fourth quarters of this year and potentially into 2022.

In addition to finalizing budgets, an additional responsibility has been added onto the plates of asset managers: the coordination and submission of forgiveness of Payroll Protection Program (PPP) ...