Comments
Topic Message Organization Industry Country
Covid-19 reopening

Covid-19 is not over yet. Infection cases are on the rise in the states wherever the businsses have opened. In this situation we need to be careful in dealing with customers coming from all over. We neeed to sanitize every part of the hotel carefully especially our front desk. Our front desk staff has to be really careful so that they don't get any infection from any guests staying at the hotel.

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
Hotel Reopening

We have to be careful in reopening of hotels for guests. We all should follow social distancing and cleaning of the hotel and front desk. All free breakfast and free coffee in the lobby should be totally suspended.

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Service

Best western hotels have improved promptness of service tremendously. Hotels are moving up in the eyes of customers.

 

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Free breakfast

MirrorO Blog posted an excellent blog on free breakfast at the hotel - may be a thing of the past. I am hoping that all choice hotels will follow this forever. Social distancing is here to stay for years to come. No breakfast policy will relieve all of us franchisees from a big headache.

 

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
Free Breakfast

Just saw a post on MirrorO Blog about the free breakfast - May be a thing of the past. It is extremely good. Everyone should read it. As it mentions three factors , social distancing, health safety and quality of food will dictate that no free breakfast should be served at the hotels. This will be a big relief for franchisees.

 

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Estimated Taxes

IRS guidelines for paying income taxes specifies that one has to pay taxes as you earn. This is important for those who are self employed or in business. IRS has divided the year into 4 quarters for paying estimated taxes. Estimated taxes are due on:

for 1st qtr  April 15, 

      2nd qtr June 15,

       3rd qtr Sept. 15

       4th qtr  Jan. 15

Due to Covid-19 Pandemic, the first qtr payment has been posponed up to July 15 as all tax dealine has been extneded to July 15 of this year.

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Tax Date Extension

IRS has extended the tax filing date from April 15th to July 15th. If anyone owes any taxes, they don't need to pay until July 15th and there will not be any penalty on that. 

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Current Topics

For the current topics visit the rastogi tax blog site at

www.rastogitax.com

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Mirror o Blog

Visit the blog of www.rastogitax.com for important info yon the current tax topics.

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Comfort Inn & Suites

This brand is the top brand of choice hotels and the choice brand should be carefull in managing the brand. They need to make sure all franchisees are following same standards and keeping up the properties. Right now during the lockdown the management should look at each property carefully and explain to the owners what they need to do to bring up their property to the standards of choice hotels. Let us raise the bar for Comfort brand and spread the word.

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
Stimulus checks

Most of the Americans have received their stimulus checks for $1200/$2400 depending upon their filing status single/married. Only those people have not received stimulus checks who have not given their bank information to IRS. Those taxpayer should go to IRS.Gov and enter their bank account information on Get my Payment. The taxpayer will have to enter information from their 2018 or 2019 tax return that have been already submitted to IRS. If a taxpayer has never filed a tax return for 2018 or 2019 they should file the tax return immediately and put their account information on the return. If a taxpayer does not provide Bank account information to IRS, he/she will get paper check by September 2020.

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Paycheck Protection Program

If you are a small business owner, this is the second round of funding the US Govt is providing for the payroll of employees. However, business owners have to apply for the loan thru their bank. The banks are working with SBA to get approval for the requested loan. This loan will be waived if a business owner uses it for only the payroll of employees. Some expenses of the business will be included in the loan to get waived, such as rent, utilities and telephone. Even if a business has to return the loan it is only at 1% interest. The loan is for 2 years term if not waived by the SBA. I think it would be a useful financing tool for a business to pay employees for two months. Owners salary can be also shown in the expenses. Limit of salary for an individual $100,000.

 

 

RTFS LLC - RASTOGI TAX AND FINANCIAL SERVICES ACCOUNTING UNITED STATES
Occupancy

Due to COVID-19, our occupancy in the hotel is almost to zero. Best Western shouldn't charge any fees these days especially when they charge based on the rooms. They should really have a plan for us how to handle this situation and when it is over how we are going to increase occupancy.

 

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Franchise Fees

Good in looks

BMW AUTOMOBILE Germany
Franchise Fees

Too High!!!!!!!

BURGER KING HOLDINGS INC FOOD UNITED STATES
IT Resource

Their Application Development Team is  Hightly skilled with lots of experience.

LILIUMSOFT LLC SOFTWARE UNITED STATES
Management

Excellent IT staff.

LILIUMSOFT LLC SOFTWARE UNITED STATES
Management

During the time of COVID-19 when everything is under the lockdown condition and hotel occupancy is almost nothing, this is the best time for the BW management to think how lost revenues can be recovered as we get over COVID-19. It is also important for them to strategize how to improve the moral of their franchisees with constant communication and bringing ideas so that  hotel owners can have hopes to continue in the business without filing for bankruptcy. They should come out with every type of strategy to help them not charging any franchise fees. As BW fees is based on pet unit in the hotel instead of based on revenues, BW is really doing well and the franchises are getting killed. Management has to come up to help franchisees.

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Digital Sign

It is almost a year ago when BW asked all franchises to put a digital sign in the lobby. It costed almost $1000 for putting this sign in the hotel lobby. Unfortunately no one looks at it. Why would customers look at the pictures of BW hotels? It was almost waste of money for franchisees. BW mangement should look carefully at this type of directives before implementimg them in their hotels. This is another example of useless policies of the management as the Grab & Go breakfast bags.

 

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Sleep Inn

Our brand is one of the best on choic hotels.

 

 

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
Revenue

Revenues are tremendously down due to lockeddown situation for Coronavirus. Worried about paying the mortgage payment. I will have to see what is in the stimulus package for help of the small business owners.

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
Coronavirus-Covid-19

Choice hasn't come forward to help franchisees like other brands. They should waive franchise fees for 3 months from franchisees as the occupancy in the hotels is almost zero. At present it is very difficult to make mortgage payments for the hotel loans. Wake up Choice management.

CHOICE HOTELS INTERNATIONAL INC HOSPITALITY UNITED STATES
QA INSPECTION

QA inspections are back to be done by the staff of Best Western Corporation employees. This is encouraging. The staff of BW understands the values of BW franchise and much better than the LRA which had come for few yeras.

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES
Franchise Fees

It is quite encouraging to see that Best Western management has moved to decrease franchise fees to half to help franchisees during the tough time of cornovirus. It could have been nice if they could totally eleminate the franchise fees for couple of months. These days we just do not have any occupancy in our hotels.

BEST WESTERN INTERNATIONAL INC HOSPITALITY UNITED STATES