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 […]
The Top 3 Accounting Metrics Every Hotel Owner Should Track
As a hotel owner, you’re no stranger to the usual revenue numbers and metrics (RevPAR, ADR, ROM, and Occupancy). They are the industry standard, the go-to metrics every property watches closely. But while these revenue metrics help you track performance, they’re just one part of the whole picture. Today, profitability is no longer driven solely […]
How Integrated PMS and POS Systems are Revolutionizing Hotel Operations
Striking the right balance between operational efficiency and delivering memorable guest experiences is a rare feat that eludes many hospitality businesses. However, a few who consistently achieve it share a common factor: an integrated PMS and POS system. While every hotel with multiple POS terminals understands the importance of integration, not every establishment can fully […]
Is Your Hotel’s Accounting System Holding Back Growth? Here’s How AI Can Help Scale
Every hotel business that achieves stability in operations and profitability is built on the foundation of a strong and well-structured accounting system. However, the moment the business begins to scale, whether by opening new properties or expanding into new markets, that foundation can start to strain under complexity and buckle under the weight of increased […]
How AI-Driven Automation is Reducing the Month-End Close Burden for Hotel Owners
Reconciling revenue, chasing down expenses, pulling fragmented reports – month-end close in the hospitality industry is stressful, time-consuming, and full of complexities. And in most cases, it rolls over to the next month. Fortunately, today’s AI-powered automation emerged as solution to this never-ending cycle. By automating repetitive manual tasks, refining key accounting steps and improving […]
How Docyt’s Real-Time Revenue Intelligence is Changing the Game for Hospitality Businesses
Revenue reconciliation is a constant battle in the hospitality industry. Payments arrive from diverse sources and do not always reach the bank as they should. Revenue streams get misposted, someone forgets to update the spreadsheet. Additionally, there are POS reports, cash collections, OTA settlements, credit card batches, and refunds that arrive at varying times and […]
Why Multi-Location SMB Owners Need Daily Revenue Insights
In today’s competitive landscape, small and medium business (SMB) owners managing multiple properties face unique challenges in tracking revenue across their portfolio. Whether you’re overseeing several rental properties, a chain of retail locations, or multiple hospitality venues, waiting for month-end financial reports is simply too slow for effective decision-making. Docyt’s Daily Flash Revenue Report has […]
How Docyt AI is Transforming Accounting for Hotels and Hospitality
The rapid proliferation and accessibility of AI continue to transform how hotels and hospitality establishments operate and serve their customers. From enhanced guest experiences to improved operational efficiency, data-driven decision-making, and even data security, every aspect of this industry has evolved significantly in this decade. However, no other area within the hotel and hospitality sector […]
Restaurant and Hotel Bookkeeping Software Designed for the Industry: Optimize Your Hospitality Business with Docyt
As a proud hospitality franchise owner, you know firsthand the complexities of managing the finances of successful restaurants and hotels. The hospitality sector involves numerous essential details and performance metrics for running a profitable business. What if there was a tool specifically designed to tackle the unique challenges of hospitality businesses? Look no further than […]