We prepare a monthly financial stack to all of our owners, providing total transparency of what is running through the financial statements. Reports included in the monthly financial stack:
At Dellisart, we believe accounting is a valuable tool to help management to make informed decisions about the direction of the property, not simply a capture of what has happened. Our team follows the guidance of the Uniformed Systems of Accounts for the Lodging Industry, as recommended by the American Hotel and Lodging Association.
Our accounting team provides oversight and guidance to the property leadership team to help them run the business at the local level. We operate our properties as if we were signing the front of the check, not the back of the check. Taking this approach, we act as stewards for all of our owners to maximize profitability and cash flow.