Banking for the Hospitality Industry
Occupancy rates, food and beverage costs, seasonal business fluctuations, revenue per room/night, and cost per check - all wrapped in the big idea of “customer experience”…is there any business as nuanced (and sometimes precarious) as those in the hospitality industry? To succeed, you’ve balanced art, science, business, and finance. To move forward, you need a banking partner who understands. Whether you run a small boutique hotel, a large hotel chain, a catering company, or a sit-down restaurant, your local, experienced TowneBank bankers have the financial knowledge and local decision-making authority to provide you with the right financial solutions. Ask today about banking, lending, and specialized treasury services that pair nicely with the hospitality business.
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