USALI 12th Edition - Bridge Course

The USALI 12th Edition

The inaugural edition of the Uniform System of Accounts for the Lodging Industry (USALI), originating in 1926 through the efforts of the Hotel Association of New York City, marked a historical milestone. Effective January 1, 2026, the industry will transition to the 12th Revised Edition. The Uniform System's standardization facilitates a comprehensive comparison of the financial standing and operational performance of a specific lodging property with its counterparts in the industry.

Given the pervasive referencing of the USALI in various industry contracts and documents, stakeholders must acquaint themselves with the format and terminology outlined in the 12th Revised Edition.

The formulation and structuring of the revised USALI edition represent a collaborative effort involving diverse industry stakeholders. This coalition includes:

• hotel owners
• asset managers
• hospitality management entities
• brand franchising organizations
• independent establishment
• owner-operated hotels
• consultants
• data analytics firms
• academia
• certified public accountants

Notably, this endeavor is intended to ensure consistency with both United States Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

This course will explore the updates in the new 12th edition of the Uniform System of Accounts for the Lodging Industry (USALI). Tailored for hospitality professionals already acquainted with the preceding 11th edition, the USALI 12th Edition Bridge course comprises four modules. 

Your enrollment includes:

• Four course modules
  • Summary Operating Statement and Operating Department Schedules
  • Undistributed Departments and New Schedules
  • New: All Inclusive
  • Other Reporting Guidance, Financial Statements, and Metrics, Ratios, & Optional Schedules
• 20-question exam
  • 90% passing rate
  • Unlimited attempts