Accounting for the Lodging & Accommodation Business
Serving Hotels, Motels, Inns, Short‑Term Rentals & Extended Stay
Running lodging means juggling occupancy, pricing, staffing, and maintenance—across seasons and channels. Keeping books accurate and taxes optimized shouldn’t slow operations. That’s where Straight Talk CPAs fit in.
Whether operating a boutique inn, a flagged hotel, an extended‑stay property, or a multi‑market short‑term rental portfolio, our team delivers
accounting,
tax, and
advisory services designed for the realities of lodging and accommodation.
You Focus on Guests—We’ll Handle the Financials
Our CPAs understand the drivers of lodging profitability. ADR (average daily rate), RevPAR (revenue per available room), GOPPAR (profit per available room), channel mix, payment processing, occupancy and lodging taxes, franchise fees, and multi‑entity setups are the levers that move your P&L. We help maintain compliance, improve visibility, and protect margins—without adding operational friction.
We provide:
- Accurate, timely bookkeeping—even during peak seasons and across multiple properties.
- Tax strategies that reflect multi‑state lodging and local occupancy rules.
- Financial reports that turn rooms‑sold and rate data into better decisions.
- Technology that streamlines PMS (property management system)/POS/accounting workflows.
We keep your books accurate and easy to read. Numbers match your property system, so owners and managers see what matters. Get clean property and group reports, on‑time month‑end closes, clear OTA and direct booking reconciliations, and tracked fees, renovations, and deposits. Fewer surprises. Better decisions.
Make confident decisions with clear financial guidance. We set up the right ownership structure, review franchise and management agreements, and prepare reports banks expect. We also compare key costs across properties—profit, labor per occupied room, housekeeping, and utilities—so issues show up early and fixes are straightforward and practical.
Pay only what’s required—nothing more. We map city, county, and state lodging taxes, plan for short‑term rental rules, and time deductions around renovations and expansions. We use legal methods to speed up write‑offs, structure deals wisely, and check for credits or incentives. Quarterly projections prevent year‑end shocks.
File correctly and on time, even across several locations and owners. We handle federal, state, and local returns, plus lodging taxes with OTA payout matching. We cover sales and use tax for parking, spa, retail, and events. Expect tidy records, quick answers to notices, and smooth audits.
Get executive‑level finance help without hiring full‑time. We forecast cash 12–18 months, plan for renovation downtime, and test price changes before rolling them out. We optimize labor and housekeeping using occupancy forecasts, manage vendor and utility costs, and prepare clean, lender‑ready reports for owners and boards.
Keep daily finances clean so operations run smoothly. We match PMS and channel deposits, track payment fees and chargebacks, and automate bills for vendors, utilities, and brand fees. We handle night audit entries, deposits not yet earned, and month‑end tasks. Simple dashboards show rates, occupancy, profit, and cash.
Why Lodging Clients Choose Straight Talk CPAs
- Deep industry knowledge: PMS integrations, OTA reconciliation, occupancy taxes, and franchise/brand obligations.
- Flexible, virtual support: Cloud‑based systems, standardized closes, and clear reporting—across markets and entities.
- Practical advice, nothing extra: Actionable numbers, practical guidance, and strategies owners can act on.
From Keys to KPIs—we’ve got lodging covered. See issues early, act faster, and grow with confidence.
From Room Keys to Receipts—We’ve Got You Covered
See in real time how rate changes affect revenue per room. Catch occupancy dips before shoulder season hits. That’s the clarity we bring. Straight Talk CPAs goes beyond reports to deliver the operational insight needed to make faster, smarter decisions across properties.
What Clients Say About Straight Talk CPAs
Our boutique hotel was running on gut feel and spreadsheets. ADR looked fine, but something was off in channel mix and card fees. Salim’s team connected our PMS to the P&L, cleaned up OTA deposits, and showed us where margins were leaking. Within a quarter, we shifted mix, trimmed fees, and finally trusted our month-end close. Now, when shoulder season creeps up, we see it early instead of feeling it late.
— General Manager, boutique hotel
We opened two new extended-stay properties in new markets and got buried in occupancy tax registrations and filing calendars. Straight Talk CPAs mapped every city and county requirement, set up automated reminders, and reconciled every OTA payout to the dollar. The first month we didn’t get a notice in the mail felt like a milestone. They took compliance off our plate so we could focus on rate strategy and guest experience.
