hospitality financial management
AI Functionality Within Aptech’s Execuvue Is Making Business Intelligence Visualizations and Reporting a Breeze
Aptech Computer Systems Inc. | March 17, 2022
Leveraging the IBM Cognos® Analytics and AI Assistant, hoteliers can build dashboards and charts, identify trends, and select the best visualizations for reports on demand based on simple commands, such as ‘Show Me Room Revenues by State’ PITTSBURGH, PA — March 17, 2022 — Aptech, the industry standard for hospitality financial management, is making business intelligence easier than ever before. Leveraging the IBM Cognos® Analytics AI Assistant within its recently enhanced Execuvue business intelligence solution, hoteliers can clean and connect data, create stunning data visualizations, and see how business is performing ...
What’s the ‘Best’ Accounting Platform on the Market? Award-Winning Luxury Boutique Hotel ‘The Ivy’ Reveals its Pick
Aptech Computer Systems Inc. | February 23, 2022
Coming off its best financial year ever, the Baltimore wedding and meetings destination says its ‘simple,’ ‘smooth’, ‘user friendly’ accounting software requires minimal training and support PITTSBURGH, PA — February 23, 2022 — Hotels don’t need to be big to benefit from the best technology. Such is the case for The Ivy Hotel, a world-class historic mansion in Baltimore. Ranked No. 6 in the U.S. by TripAdvisor among its “Top 25 Luxury Hotels” and named a Travel + Leisure “Best Hotel on the Planet,” this boutique wedding and meetings destination boasts just 17 guestrooms, along with a small luxury spa, an...
Anchor Pricing as a Teachable Moment From NYE
Larry and Adam Mogelonsky | January 12, 2022
By Larry and Adam Mogelonsky All Omicron matters considered, this New Year’s Eve was still a time for going out and celebrating. As the time has passed, the lesson today is meant more as a resolution for the year ahead, with our hope that you will take the concept of ‘anchor pricing’ and figure out how to use it to optimize beverage sales for the entirety of 2022 and beyond. A form of cognitive bias, anchoring is when a person is influenced or nudged towards a particular outcome or decision based upon a previously introduced point of reference. With applications throughout behavioral economics, the ‘pricing’ comes wh...
Arbor Lodging Management Is Emerging Strong From Pandemic With Aptech Financial Solutions
Aptech Computer Systems Inc. | April 27, 2021
Leveraging Execuvue and Targetvue for business intelligence and budgeting and forecasting since 2020, this hotel management group is retrieving relevant data in real time and making smarter business decisions that impact its profitability and growth PITTSBURGH — April 27, 2021 — Prior to the 2020 pandemic, Arbor Lodging Management made a critical financial decision; the hotel management group operating Marriott, Hilton, Hyatt, and InterContinental Hotel Group brands partnered with Aptech, the industry standard for hospitality financial management. With 12 new hotels entering its system in January 2020, Aptech’s Execuvue business intell...
Raines Hospitality Completing Portfolio-Wide Transition to Aptech
Aptech Computer Systems Inc. | December 15, 2020
Nineteen properties will be live with Aptech’s PVNG enterprise accounting solution by January, and soon training will begin on Aptech’s NEW Execuvue business intelligence solution PITTSBURGH, December 15, 2020 — Hotel management, development and investment group Raines Hospitality is nearing completion of a systemwide rollout of Aptech, the industry standard for hospitality financial management. By January 1st, 19 properties in the company’s portfolio representing Marriott, Hilton, Hyatt, Choice, and Best Western brands, will be LIVE with Aptech’s next-generation, browser-based enterprise accounting solution, PVNG, and so...
