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That hotel is still doing cash accounting though. If there isn't much at the front desk, how about the bar? The restaurant? A business that has any type of dai
by oasisbob 8y ago
That hotel is still doing cash accounting though. If there isn't much at the front desk, how about the bar? The restaurant?
A business that has any type of daily cash accounting is still going to need to balance the register at the end of the day, reestablish change to open with, have arrangements for transport, &c. Bad employees can still pocket a tenner on occasion.
Sure, some smaller places with barely any cash probably just lock the drawer and call it a night.
I can't find the figures now, but estimates of cost of cash handling is far far lower than the 2-3% of swipe fees.
- pathseeker 8y ago> That hotel is still doing cash accounting though. If there isn't much at the front desk, how about the bar? The restaurant? Many hotels have neither of these.
- astura 8y agoAnd sometimes they are totally independent businesses just renting the space. A friend of mine owns a Holiday Inn restaurant.
- myrandomcomment 8y agoDo not know where you are staying but I have not seen a hotel without a bar in a very long time. That is if the hotel is chain hotel (not motel). To the original point, if I am staying in the hotel and I go to the bar I would just sign to the room and not pay cash.