Financial Control
Driving the Bottom Line
Budgeting, internal financial controls, and timely concise financial reporting are essential catalysts at New Castle Hotels & Resorts in transforming revenue growth into a robust bottom line. Hotel budgets reflect a property level factual and strategic analysis, while our online financial reporting program streamlines the budget process and enhances our ability to deliver detailed, accurate and timely reports.
Dynamic Trend Report
New Castle's Dynamic Trend Report constantly updates the financial health of a property, comparing current performance in the context of past performance and future projections. The report summarizes strategic and critical areas of an operation, allowing an owner to quickly assess a property's financial condition.
Centralized Accounting
Select service hotels that are part of the centralized accounting process receive services including accounting and cash management, payroll and tax oversight, transaction processing, and financial reporting.
Volume Purchasing
Provender and Fortress, two New Castle affiliates, specialize in leveraging buying power to obtain purchasing discounts on a wide array of supplies and services including risk management.