#301: Helping Hotels Reduce Revenue Leakage | with Mike Baldinger

In this episode, Steve Carran sits down with Mike Baldinger, Co-Founder and Chief Strategy Officer at Evention, live from HITEC San Antonio, to uncover one of hospitality's most overlooked profit leaks: OTA revenue reconciliation.While most hoteliers understand OTA commission costs, Mike explains why the real financial risk lies beneath the surface. From virtual credit card errors and overpaid commissions to billing mistakes and guest disputes, hotels could be losing hundreds of thousands of dollars annually without realizing it.The conversation explores:Why OTA revenue leakage often goes undetectedCommon billing and reconciliation mistakes hotels makeHow inaccurate guest charges impact online reviews and brand reputationThe hidden financial risks of disconnected hospitality systemsWhy Evention is building a "financial trust layer" instead of just another reconciliation toolPractical questions every GM and CFO should ask their finance team this weekWatch the FULL EPISODE on YouTube: https://youtu.be/vfM8Oa5ZkJoLinks:Mike Baldinger on LinkedIn: https://www.linkedin.com/in/mikebaldinger/Evention: https://eventionllc.com/For full show notes head to: https://themodernhotelier.com/episode/301Follow on LinkedIn: https://www.linkedin.com/company/the-..Join the conversation on today's episode on The Modern Hotelier LinkedIn pageConnect with Steve and David:Steve: https://www.linkedin.com/in/%F0%9F%8E...David: https://www.linkedin.com/in/david-mil.