Accountants and business advisors French Duncan LLP has won more clients for their innovative hotel accounting service. The firm has added two hotels in Germany operated by its existing client, Dutch-based Cycas Hospitality
French Duncan Hotel Accounting clients include leading brands in the hotel sector including Doubletree by Hilton, Residence Inn Marriott, Best Western, Starwood Hotels and resorts and many others. The Hotel Accounting subsidiary of French Duncan LLP provides a completely paperless accounting function utilising cutting- edge technology to produce real time financial information and making it available to clients on any mobile device anywhere at any time.
Ian Bremner, Hotel Accounting Director with French Duncan, said that “These client gains indicate just how highly regarded and successful our hotel accounting service has become within the sector. Our innovative, unique service provides real time, automated, bespoke financial data to the hotel sector. We have worked with Cycas Hospitality for some time and they wanted the ability to access bespoke, real time data which our systems and people provide.”
“We will be managing the account from our Glasgow office with input from a partner accountancy practice Treuhand in Germany, who are also part of the HLB global network. Our unique hotel offering ensures a smooth, hassle-free service for our clients wherever in the world they operate. I believe that these gains are the first of many and we will continue to make substantial client wins in the coming years.”
Ian concluded: “We have grown the Hotel Accounting Service substantially over the last few years to become one of the leading providers in this sector. I think that the market will expand significantly in the coming years as more hotel owners and management companies find out about our unique offer and want to take decisions on the most up to date information possible. Combining the expertise of a traditional accountancy firm, years of sector expertise and cutting-edge technology designed to produce more efficient, up to the minute financials means that we are tackling head-on the key issues and challenges facing hotels to provide a service which our clients demand.”
Graeme Finnie, managing partner of French Duncan, explained: “These gains indicate the success of our hotel accounting service which has expanded substantially over the last few years. At the moment we are hiring 15 more staff within our Hotel Accounting department to cope with the increasing demand and believe that this market will grow in the coming years. This is part of our five-year expansion plan to increase our overall staffing numbers by 40% and to grow the technologically based hotel accounting business alongside our traditional accountancy service offering. We also intend to expand the range of services that we offer to clients building on the model of our hotel accounting service.”