Hotels & assets
USALI
The Uniform System of Accounts for the Lodging Industry — the standard chart of accounts that makes one hotel’s numbers comparable to another’s. Its 12th edition became mandatory on 1 January 2026.
The value of a standard chart of accounts is comparability, and the cost of changing one is that comparability breaks for a year. Lines moved in the 12th edition, and every year-on-year comparison is wrong unless the prior year is restated or footnoted.
Which produces the most convincing false signal a reporting pack can generate: a variance that is really an account move, explained at length, in good faith, with every number in it correct.