Our accounting system is a blend of several systems and procedures which comprise one of the most valuable components in our entire organization, and one that our investors have come to trust and even admire for its thoroughness and accuracy. If it involves cost, revenue, payments, reconciling accounts, forecasting, tracking, delivery of financial reports or data, we are right on top of it in real time, not merely at the end of the month. Here's why.

Highpointe employs a unique, comprehensive and extraordinarily precise series of accounting practices; we purposefully go to unusual lengths to account for every dime that is spent or earned by each of our hotels.

Specifically, we do all accounting in-house, including payroll. All receivables, payables, taxes, even supplemental insurance costs are calculated and reconciled by Highpointe's in-house accounting team. We can pinpoint the financial status of any property at any time via real-time analysis. Our investors can review financial statements 24-hours a day, seven days a week, from anywhere in the world via a secure, password-protected web site. Highpointe is also capable of customizing financial statements to fit investors' needs, and we can do so within minutes of any request.

We take the concept of in-house accounting a step further by assigning each accountant full financial responsibility for a certain number of properties. That accountant then tracks all receivable, payables, and even handles payroll, rather than the traditional method, where one accountant handles payroll, another taxes and yet another handles vendors. This unique approach means our accountants have an unusually thorough understanding of the hotels' financial standing and are absolutely accountable for each transaction, result, and report. With a perfect financial "snapshot" at their fingertips, our accountants can answer any question you can ask about our properties.

Our practice of calculating payroll in-house not only saves money, but again keeps our accountants fully in the financial loop. Information for payroll is instantly relayed to accountants through biometrics, a hand print system employees use to clock in and out.

Every hotel manager in the Highpointe group is responsible for meeting financial goals and objectives. They submit and review daily reports and track that reports against budgeted forecasts.

Finally, every hotel is audited yearly. By maintaining a clear, concise and accurate account of the financial state of each property, investors can be confident they can bank on our numbers.