Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Brandt Hospitality Group Getting Great Results From Accounting Software Partner
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Finance & Development
HFTP 2014-2015 Global Executive Committee and Board of Directors Begin Term
November 5, 2014
AUSTIN, TEXAS, USA (November 5, 2014) - The Global Executive Committee and Board of Directors for Hospitality Financial and Technology Professionals (HFTP®) have officially begun their 2014-2015 term. The association leaders represent a variety of hospitality industry segments (clubs, hotels, academics and management companies), and will use their professional expertise to help guide the association as it carries out its strategic plan. Upcoming goals for the association include growing globally, successfully serving the current global membership and continued development of the Global Hospitality Accounting Common Practices (GHACP), a...
Daniel N. Conti, JR., CAM, CHAE Installed as HFTP Global President
November 5, 2014
AUSTIN, TEXAS, USA (November 5, 2014) - As of November 1, Daniel N. Conti, Jr., CAM, CHAE officially began his term as global president of Hospitality Financial and Technology Professionals (HFTP®). Conti was recently honored at the association's 2014 Annual Convention & Tradeshow in New Orleans, La. Conti is currently the director of finance for Wyndham Grand Jupiter at Harbourside Place in Jupiter, Fla. "My philosophy has always been and will continue to be 'we succeed together and we fail together'," said Conti. "I plan to use my background in both country clubs and hotels to assist with directing our association forward. I look...
Hotel AG’s New Logo – The Firm Closes 80 Hotel Transactions in Last 12 Months
Hotel AG | November 4, 2014
ATLANTA - November 4, 2014 - Hotel Assets Group, LLC (Hotel AG), announced today the firm has a new logo and brand, and additionally, has closed 80 hotel transactions over the past 12 months. "The new Hotel AG logo and brand streamlines the message the firm wants to portray which is a company that is clean, honest, fresh and transparent," said H. Keith Thompson, principal of Hotel AG. What's more, the firm has closed 80 hotel real estate transactions over the past 12 months. Of the transactions closed, 34 were Hilton or Marriott branded assets, 11 were full service assets and 9 were over 200 rooms in size. Geographically, the hotels wer...
HDP Breaks Ground for the 132-key Hampton Inn & Suites Dunwoody/Perimeter Center in Atlanta, Georgia
Hotel Equities | November 4, 2014
Dignitaries participated in the groundbreaking for the Hampton Inn & Suites Dunwoody Perimeter Center. Pictured left to right are David Canaday, Senior Vice President, Rubenstein Partners; Brent Reid, CEO, Winter Construction Company; Mike Davis, Mayor of Dunwoody; Fred Cerrone, COO, Hotel Development Partners; Steve Smith, Partner, Hotel Development Partners; Gail Harmeier, Senior Vice President-Commercial Real Estate, Bank of North Georgia; and Allen O'Brien, CEO, Hotel Development Partners. ATLANTA, Ga. - (November 4, 2014) - Hotel Development Partners (HDP) recently held a groundbreaking ceremony for the Hampton Inn & Suites...
County Officials Reviewing Plans for Salt Palace Convention Hotel
BuildCentral | November 3, 2014
Hotel-Online and BuildCentral Add/Update 249 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. November 3, 2014 - Hotel-Online and BuildCentral have added or updated 249 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: East Central Entrance Hotel (Duluth, MN) Gaslamp Canopy by Hilton (San Diego, CA) Chinatown AC H...
Gemstone Deploys ProfitSword Applications for Business Intelligence Platform
ProfitSword, LLC | October 30, 2014
Park City, Utah - October 30, 2014 - Gemstone Hotels & Resorts, LLC has chosen ProfitSword and the ProfitSage family of applications for its portfolio of hotels with the goal of improving operational efficiencies and providing a real-time reporting platform for management. Gemstone operates 13 independent and boutique hotels in eight different states. ProfitSage is a web-based financial business intelligence application providing users with data in real-time. With a high level of integration throughout an organization, countless operational efficiencies are created, including the elimination of manually keying data from one system i...
HotelREZ Hotels & Resorts Implements Revcaster Comp-Set Pricing Data for 1,000 Member Properties
HotelREZ Hotels & Resorts | October 30, 2014
How does HotelREZ Set Effective Day-by-Day Rate Strategies? With the Industry's Most Affordable, User-Friendly Pricing Solution and Exceptional Customer Service PORTLAND, OR - October 30, 2014 - Revcaster agreed to supply HotelREZ Hotels & Resorts with competitive price data to maximize rates for its properties in markets around the world. HotelREZ provides distribution, revenue, sales and marketing consultancy for more than 1,000 member hotels in 27 countries. Member properties now access Revcaster data to evaluate pricing dynamics in specific markets and set optimized competitive rates. Revcaster offers the hospitality industry's ...
Hotel Equities Assumes Management of Two Fairfield Inn & Suites Hotels in Louisiana
Hotel Equities (HE) | October 29, 2014
Atlanta, GA - October 29, 2014 - Atlanta-based Hotel Equities (www.hotelequities.com) recently assumed management of two additional hotels in Louisiana, the Fairfield Inn & Suites by Marriott Houma and the Fairfield Inn & Suites by Marriott Lake Charles Sulphur. The firm now manages five hotels in Louisiana including the SpringHill Suites Lake Charles, a new Residence Inn, under construction in Lake Charles, and a Courtyard by Marriott under development in Gretna on the west bank of New Orleans. "Expanding our management portfolio in Louisiana is of significant importance to our firm," said Joe Reardon, Vice President of Marketi...
Revenue Management: How to Make it Work Better for You in 2015
Ahmed Mahmoud | October 28, 2014
by Ahmed Mahmoud Year after year revenue management is gaining wide acceptance as a key marketing and pricing strategy in many hotels. Even the phenomenal revenue gains attributed to revenue management—typically in the range of 45 to 85 percent, virtually all of which drop to the bottom line—have prompted executives to investigate the potential applicability of revenue management to their hotels. These executives, taking notice of how the airline industry has used yield management principles to its gain, are beginning to apply the same principles to generate millions of dollars in extra profits. However virtually all hospitality ind...
4 Big Trends in Hospitality & Travel Technology for 2015
Alan Young | October 27, 2014
by Alan Young, CEO of Puzzle Partner 1. "Three Screens" is Out, Universal Digital Is In The idea of three screens has been valuable in expanding our ideas and ability to reach travelers across a spectrum of devices, but we are past it now. The next year will be one in which innovations in travel technology are made in such a way that all methods of correspondence are available to travelers—text, email, voice—and all applications and software are available in the same format across all devices. Ultimately, it means that the guest has total control over the way they plan their travel and communicate while on the road. 2. Mobile Check-...
American Liberty Hospitality Installs Aptech Targetvue Budgeting and Forecasting for 22 Properties
American Liberty Hospitality, Inc. | October 23, 2014
Targetvue to Create Easy-to-Use Budgets and Forecasts; Bases Evolving EOY Projections on Newest Data for Multi-Flag Operator Pittsburgh, PA - October 23, 2014 - Aptech Computer Systems announced American Liberty Hospitality, Inc. will implement Aptech's Targetvue Enterprise Planning system in 22 properties. American Liberty operates Hilton, IHG, Choice, Wyndham and other brands and full-service independent resorts. The company also uses Aptech's Profitvue® and Webvue® Enterprise Accounting. Aptech is the leading provider of hospitality software for business intelligence, budgeting, and enterprise financial accounting. Click here for ...
hotel SystemsPro Tops 11,000 Certified Users; Launches Online Learning Management System
hotel SystemsPro | October 23, 2014
Growing hotel SystemsPro Client List Continues to Expand; Users Gain System Proficiency Certification with Online Education for More Professional Client Interaction, Greater Productivity Visit hotel SystemsPro at IHG® 2014 Tradeshow booth #345 in Las Vegas October 27 - 29 Atlanta - October 23, 2014 - hotel SystemsPro, a leading provider of ASP-based enterprise hotel sales software, sales and catering systems, maintenance automation, and guest service solutions announced it now serves more than 11,000 certified users across all its products. Its solutions include hotel SalesPro, hotel Sales & CateringPro, hotel ServicePro, hotel Web...
The Strip’s Newest Destination, SLS Las Vegas, Opens with InvoTech’s Uniform System
InvoTech Systems | October 22, 2014
"Every Second Counts" - High-Tech UHF-RFID System Processes Hundreds of Uniforms Instantly and Automates Laundry Accountability for 40,000 Articles LOS ANGELES, CA - October 22, 2014 - InvoTech Systems, Inc. announced its partnership with SLS Las Vegas, the Las Vegas Strip's newest resort. InvoTech Systems, Inc.. increases profitability for clients. It is a leading provider of software management and control systems for uniforms and linens, and for laundry and security operations. Click here for more information on InvoTech's Linen, Uniform, and Laundry Systems. "I cannot imagine manually processing the tens of thousands of uniforms ne...
5 Ways to Use LinkedIn to Drive Group Revenues
Tambourine | October 21, 2014
by Dave Spector Ever watch the competition land a big event while you're stuck at a 60% occupancy rate? You know their rooms are full. Their restaurants are hoppin.' And all you can do is scratch your head and hope that meeting planner calls you next time. Fortunately, that's not all you can do. You can build a LinkedIn marketing plan that puts you in front of thousands of meeting planners. In a moment, I'm going to give you some specific tips on building your LinkedIn plan, but first let's get you in the LinkedIn mindset. Remember that it's social media... not "sales media." Professionals log on to gain business insight and connect. Ev...
125-Room College Hill Hotel Project Waiting On Zoning Approval
BuildCentral | October 20, 2014
Hotel-Online and BuildCentral Add/Update 356 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. October 20, 2014 - Hotel-Online and BuildCentral have added or updated 356 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: Summit Boutique Hotel (Saint Paul, MN) Pearl District Hotel (Portland, OR) Grand Park Sports Cam...
Budgeting Is Getting Easy
Robert Mandelbaum | October 20, 2014
by: Robert Mandelbaum Throw away the Ouija and dart boards. Apparently predicting the performance of U.S. hotels has become very easy for U.S. hotel managers. For the third consecutive year, management's projections of revenues, expenses and profits contained in their budgets have been extremely accurate. Since 2001, PKF Hospitality Research, a CBRE company, (PKF-HR) has assessed the accuracy of hotel budgets. Over the past 13 years, one trend has become very predictable. During times of industry prosperity, hotel budgets are extremely accurate. In 2013, U.S. hoteliers overestimated their total property revenues by just 0.04 percent. Ho...
Hyatt & Hotel Equities Open the 81-room Hyatt Place Savannah Airport
Hyatt Place | October 17, 2014
CHICAGO (October, 2014) – Hyatt Hotels Corporation (NYSE: H) and Hotel Equities today announce the opening of Hyatt Place Savannah Airport. The 81-room hotel is conveniently located two miles from the Savannah Hilton Head International Airport and a short distance from historic downtown Savannah. "We are delighted to bring the Hyatt Place brand to the Savannah area with the opening of Hyatt Place Savannah Airport," said Joe Reardon, vice president of marketing and business development for Hotel Equities. "Hyatt Place was designed for a lifestyle, not a demographic, and as a result, we are confident that everyone from business traveler...
The Return of Hotel Financing and What to Consider
Ashish Amin | October 17, 2014
by Ashish Amin Driven by rising room rates, demand, and limited supply growth, hotel acquisition financing/refinancing looks to be back in full swing. Many lenders that were apprehensive in the past, have noticed this trend and are increasingly aggressive in this space. These lenders have become more sophisticated since the financial crisis and may now require additional navigating to make sense of the available options and nuances of financing. The following identifies key items both lenders and borrowers consider for: What are your priorities and what do you value the most in acquiring financing? In most cases, financing is a major de...
Hotel Equities Selected to Manage Sales and Revenue Services for the Hampton Inn in Taos, New Mexico
Hotel Equities (HE) | October 14, 2014
ATLANTA (October 14, 2014) - Hotel Equities was retained to manage sales and revenue services at the Hampton Inn located in the heart of Taos, New Mexico, a small town community with a rich history in sports and the arts. "We are delighted to bring our management expertise to this beautiful property in northern New Mexico," said Joe Reardon, Vice President of Marketing and Development for Hotel Equities. "With incredible access to the community's array of sports activities, arts venues and rich history, the hotel appeals to both business and leisure travelers. The Hampton Inn is located just across the street from the South Side Convent...
HotelUpgrade Launches Mobile App to Help Hotels Drive Multiple Night Brand.com Reservations
HotelUpgrade | October 13, 2014
website. () helps hotels cost upgrades such as additional bonus points, room upgrades, Internet, and upgrades when they can confirm 5 or more nights at a time, allowing hotels to The solution is focused on helping revenue and sales managers on a flexible corporate per diem and are comfortable booking BAR in order to on selling deeply discounted rates, HotelUpgrade is positioned to help their HotelUpgrade makes hotel and upgrade selection simple for the business traveler by displaying the hotels and upgrades they desire by market in an intuitive format. revealed that millennial business travelers highly value "soft" benefits such to sel...
Jeffrey Katz, Orbitz Founding Chairman/CEO, Keynote at Second Annual Revenue Strategy Summit (RSS)
Duetto | October 10, 2014
October 16, 2014, Affinia Manhattan Powered by Duetto, Hundreds of Travel Thought Leaders will Tackle the Next Frontiers in Hotel Innovation at RSS 2014 New York, October 10, 2014 ... Orbitz Founding Chairman and CEO and travel industry disruptor Jeffrey G. Katz will deliver the keynote address at the second annual Revenue Strategy Summit (RSS), a gathering of thought leaders and practitioners who will examine forces reshaping the hospitality industry and how marketing and technology must evolve to meet new demands. Founder and Managing Partner at KA Holdings, Katz is a thirty-five year leader in travel technology, whose additional role...
IHG Announces Senior Leadership Changes in Asia, Middle East and Africa
IHG (InterContinental Hotels Group) | October 7, 2014
InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announces a number of strategic changes to its Asia, Middle East and Africa (AMEA) Regional Operating Committee. Alan Watts, previously Chief Operating Officer (COO), Australasia and Japan, and Operations Performance, AMEA, will now oversee the performance of the region's 246 hotels across 37 countries and territories. In his expanded role as COO for Asia, Middle East and Africa, Alan will be supported by Pascal Gauvin, Chief Operating Officer, India, Middle East and Africa and Phil Broad, Vice President, Food & Beverage, AMEA. Clarence Tan, previ...
Marriott International’s Statement on FCC Ruling
Marriott International | October 6, 2014
Marriott has a strong interest in ensuring that when our guests use our Wi-Fi service, they will be protected from rogue wireless hotspots that can cause degraded service, insidious cyber-attacks and identity theft. Like many other institutions and companies in a wide variety of industries, including hospitals and universities, the Gaylord Opryland protected its Wi-Fi network by using FCC-authorized equipment provided by well-known, reputable manufacturers. We believe that the Gaylord Opryland's actions were lawful. We will continue to encourage the FCC to pursue a rulemaking in order to eliminate the ongoing confusion resulting from to...
Best Western Roosevelt Avenue Hotel in Queens Slated to Open Late 2014
BuildCentral | October 6, 2014
Hotel-Online and BuildCentral Add/Update 341 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. October 6, 2014 - Hotel-Online and BuildCentral have added or updated 341 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: Port Royal Resort (Jasper, GA) Waltham Hotel (Queens, NY) Riverfront Hotel Complex (Davenport, IA)...
