David Lund Journalist Profile

Articles

Hospitality Financial Leadership: A Titanic Obsession

Mar 17, 2025 | hotel-online.com | Caroline Palmer |David Lund

By David LundAs I write this, the submarine with five souls on board is missing and time is running out. They have barely a few hours of oxygen left. There has been no communication with the ship since the first two hours after it was launched on Sunday June 18th, 2023. This piece is about that faithful ship and my obsession with it and a connection to the hotel world, both personal and historic. As a kid I was awestruck and a big fan of the story of the Titanic. I think I was not alone.
Unveiling the Future of Travel: How Brits Plan to Holiday in 2025

Jan 13, 2025 | hotelnewsresource.com | David Lund

Trends identified include Low-Cost Luxe, AI-tinerary planning, Country Ticking, Holiday Hopping, and more. The Great British Holiday Audit, a comprehensive report by easyJet and easyJet holidays, offers an insightful overview of the travel trends anticipated for 2025, based on a survey of 2,000 British holidaymakers. The study was conducted by a panel of travel experts, including travel expert and podcaster Holly Rubenstein, influencer Tonia Hope, and travel blogger Vicky FlipFlop.
Hospitality Financial Leadership – The Cat Killer - By David Lund

Jan 13, 2025 | hotelnewsresource.com | David Lund

Hospitality Financial Leadership – The Cat Killer - By David Lund - Image Credit Hotel Financial Coach Warning – this blog post talks about cruelty to cats. I in no way support this practice and I am not promoting the activity in any way. The purpose of this article is to tell a story around the financial controls for hotel paid outs. Even with the disclaimer I am pretty sure I’ll get some flack, but the story is worth it! I have had some interesting junkets in my career.
The Cat Killer | By David Lund

Jan 13, 2025 | hospitalitynet.org | David Lund

Warning – this blog post talks about cruelty to cats. I in no way support this practice and I am not promoting the activity in any way. The purpose of this article is to tell a story around the financial controls for hotel paid outs. Even with the disclaimer I am pretty sure I’ll get some flack, but the story is worth it!I have had some interesting junkets in my career. I feel very fortunate that the company I worked with had some amazing hotels in very interesting and exotic locations.
Your Top 10 List of Excuses

Nov 25, 2024 | hospitalitynet.org | David Lund

Now I bet you’re wondering, excuses for what? Excuses for not jumping in the deep end with the financials in your hotel career. What’s your imagination telling you that’s wrong in your hotel that holds you back from owning your departmental expenses and payroll? What is the magic fairy dust that someone dumped on you that keeps you on the sidelines? That’s what this one is about.
Hospitality Financial Leadership: Your Top 10 List of Excuses

Nov 25, 2024 | hotel-online.com | Maddy Blumberg |David Lund

By David LundNow I bet you’re wondering, excuses for what? Excuses for not jumping in the deep end with the financials in your hotel career. What’s your imagination telling you that’s wrong in your hotel that holds you back from owning your departmental expenses and payroll? What is the magic fairy dust that someone dumped on you that keeps you on the sidelines? That’s what this one is about.
What are CAP Rates and How to Use Them

Nov 4, 2024 | hospitalitynet.org | David Lund

A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated by dividing the net operating income (NOI) of the asset by its purchase price. That’s what this piece is all about. It also must be said from the get-go that understanding cap rates is not so difficult.
Selkirk College Embraces Cutting-Edge Curriculum with David Lund’s 'The Prosperous Hotelier' Textbook

Oct 14, 2024 | hotelnewsresource.com | David Lund

Selkirk College. (2024, August 20). In Wikipedia. Lund's innovative perspective on financial leadership in the hospitality industry is proving valuable for aspiring professionals, aligning with the industry's changing needs and empowering students for leadership roles in financial management. Selkirk College announce that David Lund's widely acclaimed book, The Prosperous Hotelier, has been officially adopted as a textbook for the Resort & Hotel Management program.
Hospitality Financial Leadership Podcast – Hotel Accounting Policy Manuals – Episode 1 - By David Lund

Oct 7, 2024 | hotelnewsresource.com | David Lund

Hospitality Financial Leadership Podcast – Hotel Accounting Policy Manuals – Episode 1 - By David Lund Having worked in the hotel business for over four decades, I know most people think the numbers are the âhardâ part of hospitality. Thereâs a common belief that the financials are best left to professionals who can sort out the complex interplay between the different departments of a hotel. Itâs just too challenging and complicated for anyone who didnât go to accounting school.
Managing F&B Expenses and How to Record Them on Your P&L

Sep 30, 2024 | hospitalitynet.org | David Lund

As I have said in many of my earlier posts, Food and Beverage is special. And I mean that with all sincerity because it's an integral part of our business especially with a full service offering. However, there are challenges that we need to overcome and one big one is how to report the profit and loss activity so that it is as meaningful as possible. I say “possible” because there are no absolute methods to get 100% of the picture that really work.