Our solutions are tailored to each client’s strategic business drivers, technologies, corporate structure, and culture.
We know the hospitality industry
With a hands-on philosophy and integrated capabilities, we deliver informed perspective and the ability to implement across a range of objectives.
Global client base Our clients range in scale and include restaurants, hotels, technology companies, private equity firms, investment banks, and corporate and privately held companies in the U.S. and around the world.
Diverse experience
We work across the business spectrum – emerging-concepts, independents, large multi-unit chains, franchisors and franchisees, celebrity chefs, property developers, management companies and hotels.
On top of trends
We’re proactive in understanding the challenges and changes in the industry so we can better advise clients and prioritize business opportunities from the back of the house to the front.
Thought leaders
We are regularly called upon as experts for national and regional publications and industry associations, events, and industry groups including:
James Beard Foundation
NYC Hospitality Alliance
Hunter Hotel Investment Conference
Nation's Restaurant News
California Restaurant Association
NJ Restaurant & Hospitality Association
Restaurant Finance & Development Conference
Bloomberg Intelligence
Prosper Forum
CREATE the Future of Foodservice
Americas Lodging Investment Summit
Connecticut Restaurant Association
Specialized services for hospitality operations
CohnReznick’s audit, accounting, tax, and advisory services reduce excess costs, tighten governance and reporting procedures, and support your hospitality business in taking advantage of opportunities. We also provide services that are specific to businesses within the hospitality industry:
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Using benchmarking, fieldwork, team assessments, and other proven methodologies, we evaluate all major aspects of your food and beverage operations. We then recommend actions to drive your core values, reduce excess costs, improve technology and other systems, and execute new concepts to strengthen financial performance.
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Establish an action plan to grow your business through our proprietary Profit Enhancement Programs (PEP). After a thorough analysis of your operating processes and systems, financial data, and internal controls, CohnReznick’s PEP will focus on increasing efficiencies, tightening governances, and streamlining reporting.
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Our optimization process reviews your business from a holistic perspective with a goal of improving bottom-line results. All aspects including concept development and design, marketing strategies, menu management, staff training, labor restructuring, licensing deals, joint ventures, and/or new landlord-tenant relationships can fall within the scope of evaluation.
Case Study: NetSuite Implementation and Integration
It’s given us the opportunity to say, ‘OK, how do we want to act on this now?’
Case Study: Luxury restaurant group assesses growth opportunities
CohnReznick provided financial forecasts to help a luxury restaurant expand its business.
Case Study: Cava Group
CohnReznick optimized the group’s financial operations by streamlining processes and introducing new methodologies.
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