Hospitality & Travel
The Hospitality and Travel industry is one of the top business sectors in South Florida. People come from all over the world to experience the beauty and energy that this amazing area has to offer. As is true in this industry as any other, how a business responds to economic factors and intense competition determines how successful one can truly be. Having an effective plan and strategy in place to meet these challenges could mean the difference between prosperity and failure.
Gerson Preston has a long history of trusted service within Hospitality and Travel. Now more than ever, these businesses, which are vital to South Florida’s growing economy, rely on sound tax, accounting, and auditing services to excel. Our team has developed the skills and expertise necessary to assist businesses in this sector and help them succeed in their endeavors.
Our Hospitality & Travel clients encompass a multitude of businesses in the industry including hotels, resorts, and restaurants.
Our value-added practice area services cover almost every aspect of the Hospitality & Travel industry, which include:
- Audit and Accounting services
- Tax Planning and Compliance
- Transaction services
- Valuations
- Preparation of Business Plans
- Forecasts & Projections
- Assistance in Obtaining Capital Food and Bar Controls
- Benchmarking
- Sales & Use Taxes
- Workers’ Compensation
- Management Compensation Plans
- Tip Reporting & Compliance
- Menu Costing
- Site Selection and Planning
- Negotiation Procedures
- Franchise Outsourcing Services