Most hotels run multiple revenue streams under one roof: rooms, food and drink, weddings, conferences, and sometimes a spa.

We build management accounts around the Uniform System of Accounts for the Lodging Industry (USALI), reporting bedrooms, food and beverage, and events separately, so you can see which departments carry the business.

Accurate reporting and consistent financial reporting matter here. Good bookkeeping is the foundation everything else is built on, and our bookkeeping stays current throughout the year, which shows up as real improvement in accuracy at year-end. Our accounting services cover management accounts, an annual balance sheet, and the financial processes behind them.

The Key Numbers We Track Beyond Total Turnover

Total turnover alone does not reveal a hotel's financial health. We report on:

• Occupancy and average daily rate (ADR)
• Revenue per available room (RevPAR) and GOPPAR
• Departmental profit for rooms, food and beverage, and events

This gives you a clearer financial position for informed decisions on pricing, staffing, investment, and the wider business, whether you run one hotel or several hotels, and lets your in-house team work from the same figures we do.

England introduced dedicated Retail, Hospitality and Leisure business rate multipliers from April 2026, set at 43p and 38.2p for qualifying properties below £500,000 rateable value. Rateable values were also revalued in 2026, based on a valuation date of 1 April 2024. The Valuation Office typically classes a hotel with 20 or fewer bedrooms, or 50 in central London, as small.

Getting this wrong can inflate your tax liabilities. Ensuring compliance with the latest rates and regulatory compliance more broadly is something we build into your reporting, and we challenge valuations when needed.

A £150 room booked through an online travel agent is not worth £150 once commission is deducted, while a direct booking keeps more of that income. We compare the profitability of direct bookings, travel platforms, corporate accounts and tour operators, so you know which room bookings are genuinely worth prioritising for smooth operation.

Hotels are constantly reinvested in, from bedrooms to fire systems, and this spending needs planning rather than reacting. We separate capital expenditure from repairs and make the most of capital allowances on qualifying spend. This is where expert advice, not just annual advisory services once a year, changes the outcome for the business, and our expertise means fewer surprises across the hotels we support.

If you are buying a hotel, we analyse historical trading, normalised EBITDA, occupancy, ADR, RevPAR and business rates, and check whether the hotel can service the debt through its quieter months.

Tax planning goes beyond filing a return. We look at salary versus dividends, corporation tax, capital allowances, pension planning, and company structure, so decisions reflect the full picture rather than one tax year.

Every hotel owner has specific needs and unique financial requirements, and we build tax planning around those unique accounting needs rather than a template. We also review expenses and flag improvement opportunities as we see them. The goal is stronger financial performance and a plan that moves the business forward.

Most hotels pay between £250 and £600 a month for a fixed fee package covering bookkeeping, VAT, payroll and management accounts. Larger hotels with departmental reporting, multiple revenue streams or a voluntary audit typically move toward £600 to £1,200 a month, or upward of £7,000 to £10,000 a year for the most comprehensive support.

This is a rough guide, not a quote. The actual cost depends on your hotel's size, complexity and the services you need, so get in touch for an accurate figure and a plan built around your tax year. Audit work, where needed, is quoted separately depending on scope.

Hospitality accountants who understand hotels are usually well placed to support restaurants too, since many of the same numbers apply across the hospitality industry, from kitchen costs to cash flow through quiet trading periods. Many restaurants and hotels share the same accountants for exactly this reason. If you run restaurants, pubs, bars or cafes alongside a hotel, or as a separate hospitality business, we support those too.