business performance
HRI Hospitality Leverages Knowland’s Portfolio Capture to Gain a Unified View of Meetings and Events Performance Across Its Portfolio
Knowland | March 23, 2023
Industry’s first meetings and events solution for management companies and ownership groups ARLINGTON, Va. — March 23, 2023 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, today announced that HRI Hospitality (HRIH), a fully integrated owner, operator, and developer of premium branded hotels in top national markets, has adopted Knowland’s Portfolio Capture, following a successful testing period. The product is a complement to the Knowland platform and was designed to provide a comprehensive, unified view of meetings and events business performance across an entir...
RED ROOF Surpasses 60,000 Rooms, Celebrates Strong 2021 Growth
Red Roof | January 12, 2022
Columbus, OH - January 12, 2022 - Red Roof®, the leader in upscale economy lodging, with continued increased demand, now has surpassed 60,000 guestrooms across the United States. Red Roof’s strong growth in 2021 outperformed 2019 results, which was the best performance in the company’s 49-year history. The 2021 numbers reflect a record year for the company, in the face of one of the most difficult years the industry has endured. The results span key industry metrics that include: Increased ADR Room revenue across all brands increased 15% over 2019 Leading the way were Hometowne Studios by Red Roof +22.6% and Red Roof Inn...
ProfitSword Wins Prestigious American Business Award for Next Generation ProfitAbility Business Intelligence Solution
ProfitSword, LLC | May 26, 2020
Premier US business awards program bestows bronze “Stevie Award” to cutting edge platform designed to detect business performance anomalies using artificial intelligence and machine-learning abilities. ORLANDO, Fla. – (May 26, 2020) – ProfitSword, the leading developer of business intelligence and data integration software for the hospitality industry, has been awarded the Bronze “Stevie Award” during the 18th Annual American Business Awards for its recently launched ProfitAbility business performance dashboarding and reporting platform. Competing with multiple organizations across the country within the Artificial Intelligence...
Three Ways Hoteliers Are Kicking Silos of Technology for Good (Finally)
Klaus Kohlmayr | October 26, 2018
By Klaus Kohlmayr Stop me if you've heard this before: In the age of OTAs and industry disruption, effectively managing a complex channel and distribution strategy is critical to a hotelier's bottom line. Yet archaic technology and a "this is how we've always done it" mindset are holding us back. Oh, you've heard it? Me too. For years, actually. So why are we still here? And more importantly, what are we doing to change? Because it feels like we're stuck in the same old rut. A few hoteliers seem to have figured it out. They've realized that an integrated distribution strategy, along with its intertwined relationship to sales, loyalty an...
