above property services
IBS Software Acquires APS® for $90 Million as It Targets Major Growth in Hospitality Sector
ABOVE PROPERTY SERVICES (APS®) | January 17, 2024
Acquisition allows IBS Software to add state-of-the-art CRS, PMS and RMS capabilities to its established booking engine and distribution platform, significantly increasing its addressable market in hospitality Atlanta, 17 January 2024 – IBS Software, a leading SaaS solutions provider to the travel industry globally, has reached an agreement to acquire the ground-breaking hotel and travel technology provider Above Property Services (APS®). The $90 million transaction will further solidify IBS Software’s position in the hospitality market and strengthen the brand, to underpin an ambitious expansion of its reach in the hospitality i...
Leading Hospitality and Travel Technology Innovator APS® Celebrates Record Year of Growth in 2023
Above Property Services | December 21, 2023
APS doubles client base as demand continues to grow for its transformative future-ready solutions that drive efficiency, productivity, revenue, and cost savings NAPLES, FL – 2023 marked a record-setting year for Above Property Services (APS®), and predicts 2024 will be a game changer for the company and its customers. APS has experienced unprecedented success, solidifying its position as a dominant hotel and travel technology solutions provider. The company has experienced a landmark year of milestones, including new clients, technology integrations, increased transaction volumes, product enhancements, and expanded partnerships. With a...
Why Legacy Systems Can Limit Revenue Potential When It Comes to Attribute-Based Selling
Aaron Shepherd | November 28, 2023
By Aaron Shepherd Are outdated technologies preventing your hotel from meeting guest expectations and maximizing profitability? In the hotel industry, profitability is increasingly influenced by a variety of market changes, including the introduction of new technologies, shifting consumer preferences, and fluctuating operational costs. In response to these challenges, the industry is turning towards innovative pricing strategies, with Attribute-Based Selling (ABS) (also known as attribute-based pricing) emerging as a notable trend. Research from the Hotel Electronic Distribution Network Association (HEDNA) suggests that hotels implement...
The Road Ahead: How Hoteliers Can Adapt and Thrive in Uncertain Times
Steve Lapekas | November 7, 2023
By Steve Lapekas More often than not, owning a business feels like riding a rollercoaster – the highs are high, and the lows are low. One second, you’re at the peak of a climb, enamored with the view, and the next, you’re plummeting back down the other side, white-knuckling the restraints and questioning your decision to ever get on the ride in the first place. The ebbs and flows and the inevitable triumphs and challenges are simply your price of admission. Right now, we find ourselves in a period of relative uncertainty – with increased tensions in various locations around the world, the rising cost of debt – and, subsequen...
How Technology Is Making De-Flagging Easier and Levels the Playing Field for Going Independent
Aaron Shepherd | October 31, 2023
By Aaron Shepherd, the CEO and Co-Founder of APS (Above Property Services) For many of us, entrepreneurship is a terrifying pursuit. Breaking away from the traditional mold to create something new or different is, admittedly, the path of more resistance. It takes courage, innovative thinking and creativity, agility, relentless execution and unflappable commitment to make it work – and even then, many ventures will fail. But those ventures that do find success act as a beacon to anyone with an entrepreneurial spirit; a sign that big dreams can, sometimes, glean even bigger results. Within the world of entrepreneurship, however, exists ...
From Data to Dollars: How Visionary Hoteliers Are Upping Their Game With Data-Driven Insights
Aaron Shepherd | October 24, 2023
By Aaron Shepherd In the hospitality landscape, just like every other industry, the goal remains profitability. But the hospitality world faces intense competition, especially with the advent of digital platforms and alternative accommodations. For hoteliers, the challenge isn't just about offering a room – it's about creating memorable experiences, optimizing operations, and ensuring guests come back. All these elements converge on one key aspect: leveraging data for a competitive advantage. Data remains central, whether it’s enhancing the guest experience, streamlining operations, or tailoring offers. The prospects are enormous fo...
Ditch Your Legacy System: A Case for Making Your Hotel PMS a Strategic, Profit-Generating Asset
Steve Lapekas | September 27, 2023
By Steve Lapekas “You have to spend money to make money” – this advice that most of us will encounter at some point in our lives, especially regarding business. But as any successful business owner can surely tell you, strategically spending money is only half of the equation. In fact, most books or experts that promise to provide an easy-to-follow blueprint to financial success will inevitably start with one critical suggestion: save money and avoid unnecessary spending and debt. Simply put, “you have to save money to make money.” This becomes even more imperative when we focus on industries that historically operate on razor-th...
APS Celebrates 100th Interface Milestone
APS® (Above Property® Services) | September 20, 2023
Above Property Services (APS®) partners with best-in-class hotel technology brands to provide our hotels with powerful tools to seamlessly manage their hotel operations from a single platform NAPLES, FL– (September 20, 2023) – Above Property® Services (APS®), Services, a leading provider of hotel and travel technology solutions provider, has announced that it has reached a significant milestone with the launch of its 100th interface. The company's robust suite of property management system (PMS) integrations now includes connections to most major hotel technology suppliers, making it one of the most comprehensive offerings in the in...
