How 10-Minute Bill Pay Saves Big Money for Hotel Portfolios
No portfolio manager recognizes the chaos of invoices scattered between inboxes, scanned attachments, and paper piles. One hotel sends a PDF from a vendor, another drops a hard copy on a desk, while a third forwards a screenshot late at night. Each item waits for review, yet none follows the same path; so approvals stall […]
How Multi-Entity Cash Transfers Are Quietly Costing Your Hotel Portfolio, And How Docyts Profit AI Platform Fixes It
Hotel portfolios often hold more idle cash than they can see at first glance. A property typically leaves $25K – $50K untouched in accounts that bring almost no return. In a group of ten hotels, that’s a quarter of a million dollars sitting idle! Even worse, larger portfolios see the number steeply climb over time […]
Unified Financial Intelligence: Dismantling Fragmented Systems to Maximize Hotel Profit.
With dozens of processes, a high volume of transactions, and teams working around the clock to keep the books aligned, hospitality accounting is a complex system where a new challenge or process can emerge at any time. The first instinct is to add a tool as an add-on. On the surface, this seems obvious. But […]
Real Time Consolidation for Hotels: How Profit AI Transforms Multi Entity Accounting into Instant Insight
A full, accurate financial picture of the portfolio is paramount for any multi-property hotel group looking to optimize its properties’ performance. And every group that aims to accomplish this with actionable financial insights runs into one common and mighty hurdle – financial consolidation. Multi-Entity Financial Consolidation – A Bane for Hotel Groups For hotel groups […]
The Future of Accounting Platforms: Moving Beyond General Ledger (GL) Software with AI
For three decades, the general ledger (GL) served as the foundation of every accounting technology stack. Today, AI-powered automation and evolving client expectations are driving firms to seek solutions that go far beyond traditional bookkeeping software. Many forward-thinking vendors are already promising to automate “95% of the entire bookkeeping workflow” through AI agents built on […]
Why Every GM Should Track GOPPAR, Not Just RevPAR, in 2025’s Volatile Market
RevPAR is a fundamental and widely trusted metric in hotel performance. By combining occupancy and average daily rate, it provides a clear picture of how much revenue each room is generating. It’s straightforward to measure, simple to benchmark, and quickly reveals whether your top line is moving in the right direction. In regular market conditions, […]
Breaking Down RevPAR Index: How Hoteliers Leverage STR Reports to Win Market Share
RevPAR is often the first number that owners and operators look at – and for good reason. It is simple, direct and perfectly ties together both occupancy rate and daily rate into one easy-to-compare figure. As the most tracked metric in the hotel business, RevPAR gives you a solid sense of how much revenue you’re […]
Labor Shortage Solutions: How Docyt Improves Hotel Efficiency with Smarter Scheduling & Payroll Optimization
Labor shortages have shifted from being a challenge to becoming a constant in hotel operations. Roles that once took days to fill now remain open for weeks, staff availability fluctuates, turnover stays high, and for most general managers, managing the schedule feels like managing a crisis. Still, guests continue to arrive with the exact expectations. […]
Prevent Revenue Leakage: Automate Night Audit and Reconciliation with Docyt
Revenue leakage in hotel accounting isn’t rare. It’s systemic, and in most hotels, it’s inevitable. A significant portion of this leakage can be attributed to night audits. And what makes this type of revenue leakage dangerous is that it’s difficult to detect until it inflicts ruinous damage. Hotel Night Audits & How Revenue Leaks Evade […]
Five Common Accounting Mistakes Hurting Your Franchise P&L (And How AI Automation Fixes Them)
In most franchise hotels, accounting doesn’t get the spotlight. It’s expected to run in the background while operators focus on guests, teams, and property upkeep. That’s fair. However, when the back office fails, the ripple effect impacts everything from cash planning and rate strategy to cost control. And one obviously can’t run a tight operation […]
The Ultimate Guide to Optimizing Occupancy and RevPAR in 2025: Data-Driven Tips for Franchise Hoteliers
Ask any seasoned franchise hotelier what still drives profitability in 2025, and the answer hasn’t changed: Occupancy and RevPAR. But knowing these metrics or tracking trends doesn’t guarantee results. But data is abundant now – isn’t it? Yes, today’s franchise hoteliers sit on a goldmine of information. From STR reports and OTA rate shops to […]
What’s New at Docyt for Hospitality: June Product Updates
Smarter Hotel Accounting, One Upgrade at a Time At Docyt, we’re always working to make hotel back-office operations smoother, faster, and more insightful. Thanks to feedback from our incredible users, we rolled out several new features in June that improve cash management, streamline financial reporting, and enhance how hospitality teams manage accounting workflows across hotel […]