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SIRS Update: What It Did — and What It Didn’t Do: A Clear, Practical Guide for Condominium Owners and Board Members

The State of Florida updated the laws governing Structural Integrity Reserve Studies (SIRS) through House Bill 913, effective July 1, 2025. These changes aim to alleviate some financial pressure on associations while maintaining the state’s long-term building-safety goals. Here’s what you need to know, explained simply, without legal jargon. What the Update Did Do 1….

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businessman on laptop reviewing resort financials.
Understanding the Financial Framework Behind Vacation Ownership

Vacation ownership is often sold as an experience, and in many ways, that is exactly what it is. Owners are buying future vacations, flexibility, familiarity, and the comfort of returning to a place they know and enjoy. But behind that experience is a financial structure that must work year after year if the property is…

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two hotel guests on vacation sitting by the pool watching the sunset.
From Arrival to Farewell: Crafting a Memorable Hotel Stay

A great hotel stay is not just about clean rooms or friendly service. Guests today want to feel welcome and cared for. Whether they travel for work or fun, they want the stay to feel easy and personal. The best hotels make guests feel comfortable from the moment they arrive until the moment they leave….

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view of a hotel management system dashboard.
Why Hospitality ERP Is No Longer Just Back Office

For years, Enterprise Resource Planning (ERP) systems in hospitality were treated as essential, but mostly administrative. They handled accounting, payroll, reporting, and compliance. While certainly important functions, ERPs were not typically viewed as tools that influenced daily operations. In many organizations, ERP was where data landed after the real action had already taken place. That…

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Swimming pool at caribbean resort.
Understanding the Financial Side of Timeshare Ownership

Timeshares have helped millions of families enjoy memorable vacations in high-quality resorts year after year. For owners who value consistency, destination options, spacious accommodations, and resort-style amenities, vacation ownership can be a practical and rewarding way to travel. Understanding how to get what is desired from a vacation ownership product is also important. Whether it…

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digital arrows representing increasing costs.
Navigating Rising Insurance Costs in Hospitality

The hospitality industry has faced mounting challenges over the past five years, with insurance costs emerging as one of the most pressing issues for hotel owners and operators. In a recent episode of Withum’s Lodging Insights and Innovations Podcast, Lena Combs, Partner and leader of Withum’s Hospitality Services Team, sat down with Joey Masters, Senior…

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