Finance Services from Lane Hospitality

In these challenging times, Lane's specialized centralized accounting structure is integral to effective cost control, lowering administrative payroll costs and accommodating the complex financing needs of today’s hospitality industry.  

Our professional staff of accountants – all with extensive hospitality experience – provides such core services as annual business plans, operating forecasts and monthly cash flow projections, and ongoing financial reports to measure performance.  We directly monitor and oversee all cash management, financial statements and supporting documents, file tax reports, and strive to meet the unique needs of each client.  In addition, we keep abreast of ongoing market trends within the local competitive set to ensure your hotel is taking appropriate competitive actions to maximize profitability.  

This combination of research, planning, data creation and analysis enables you to make timely and well-informed investment decisions.

Additional services include: 

• Comprehensive asset review to identify areas of potential value enhancement 
• Preparation of state and local tax returns and reports, as well as 1099 tax reporting 
• Audit support for your third party accountants and other taxing authority inquiries 
• Centralized accounts payable administration to ensure timely payment, capitalizing on discounts and proper internal control over expenditures 
• Review and monitoring of information technology infrastructure to ensure satisfaction of brand standards and guest expectations 

Call us at 847-291-5716 to learn more about how our services may benefit you, or click here to contact us.