August Tip of the Month – CHOICE Franchise Fees Follow up

Accuracy + Awareness = Profit

Advice on where to code both Travel Agent Commissions and OTA costs that are found on the Choice Franchise invoice.

Some owners and managers have asked about Commissions, both Travel Agent and OTA costs, as they are also included on the Choice Fee invoice.  Those fees should be recorded in the Rooms Department in a specific account labeled “Commissions”.   Tracking them is this fashion can help you to see how your contribution of revenue from commission-able sources compares to other operators, and can lead you to valuable conversations with your Franchise Representative about the situation. If you have any other questions, or know of an expense on the Choice Fee invoice we have not defined, please let us know.

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