AHLEI Publishes Highly-Anticipated Revision of Uniform System of Accounts for the Lodging Industry

AHLEI Publishes Highly-Anticipated Revision of Uniform System of Accounts for the Lodging Industry

The Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition (USALI) is now  available from the American Hotel & Lodging Educational Institute in both a print and digital format.

The popular financial manual is a joint effort of the Hotel Association of New York City and the Financial Management Committee of the American Hotel & Lodging Association, with funding from Hospitality Financial & Technology Professionals.

The USALI is periodically revised to reflect changes in industry practice and to address issues that arise as the industry develops. Every section of the Uniform System of Accounts for the Lodging Industry has been updated in the new edition to reflect the latest practices for recording financial information. There are new categories, changes in where specific items are recorded, and additional guidance on issues such as recording of surcharges, service charges, and gratuities; the handling of revenues and expenses associated with mixed-ownership lodging facilities; the handling of gift certificate revenue; and the handling of equipment rental, unique municipal charges, and various employee housing expenses.

The print version of the book is packaged with a keycode that enables readers to access and download Excel templates of all financial statements and supporting schedules, as well as a searchable Revenue and Expense Guide. These items are also available to those who purchase the digital version of the book.

The print version of the Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition, is available for $59.95 for AH&LA members and $89.95 for nonmembers. The digital edition is $34.95 for AH&LA members and $52.95 for nonmembers. To order, visit ahlei.org/USALInewedition/ or call 800-349-0299 or 407-999-8100.