USALI.
To talk about USALI, we must know a little about its history, it was defined in 1926 in the city of NY, to make an accounting normalization of the financial statements in the Hotels.
In 2018, HFTP acquired the copyright to USALI, a logical step as the association has been connected to the resource since its origins as a sponsor and contributor. Copyright previously owned by the Hotel Association of New York City. Reviews of the USALI are overseen by the Financial Management Committee (FMC) of the American Hotel and Lodging Association (AHLA), most of which are also members of HFTP.
It is no less true that “translated” to Europe are the cost studies of the different Departments that make up the structure of a Hotel.</ span>
The problem we always find is that they are financial statements, so where we find them is in Accounting, however in Class One , we have made an analytical effort so that two personalities as “disparate” as the CFO and the COO can agree, both being able to make budgets from the Hotel Management system.
Now then, the first problem we encounter is that we do not have the Expenses, well, what we have done is to incorporate those accounting data directly from the accounting into
Smart Seven Stars.</div >
Another of the great advantages that we find when having the USALI in Hotel is that we have the forecast data (actual reservations), with which that said financial statements, if possible, have a greater value.