hotel effectiveness
Using the Labor Data from Hotel Effectiveness to Minimize Costs and Turnover
Adam and Larry Mogelonsky | January 11, 2023
By Adam and Larry Mogelonsky While the pent-up demand from 2022’s travel recovery has now normalized, hotels are still mired by inflationary wages and high turnover. This presents a sweeping, existential issue for the industry on multiple fronts, with labor issues at the forefront of discussion heading into this year’s ALIS (American Lodging Investment Summit), happening January 23-25 in Los Angeles. For owners and investors, increasing labor costs mean less going to the bottom line which can disincentivize capex and product innovation. For operations, staying within budget can mean cutting corners elsewhere, ultimately impacting se...
Actabl Debuts as Industry’s First Integrated Hotel Operations, Business Intelligence and Labor Management Platform
Actabl | June 28, 2022
Hospitality’s most powerful technology solutions join forces to offer hoteliers a single source for operational efficiency, labor management, profitability maximization and enhanced guest satisfaction Tampa, FL — June 28, 2022 — ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, today announces the launch of Actabl, the industry’s first and only integrated hotel operations, business intelligence and labor management solution. In addition, they are announcing the recent acquisition of Hotel Effectiveness, the software industry leader for hotel labor optimization, to the new platform. Actabl is...
Powerful Collaboration Produces Efficient and Cost-Saving Labor and Data Management
September 24, 2019
Two Experienced Companies—One Amazing Outcome Hotels run on people and data. But as labor costs increase at record rates and distribution complexity makes revenue generation difficult and expensive, thoughtful, ongoing data analysis to make the right decisions every day is a requirement for success. Fortunately, there are two innovative companies that provide solutions to thousands of hotels to solve these challenges: ProfitSword and Hotel Effectiveness®. They’ve collaborated for years by connecting their two powerful hotel systems—business intelligence + labor management—to deliver maximum performance and profitability for client...
ProfitSword and Hotel Effectiveness Partner to Host HITEC 2019 Social Gathering and Entertainment Event
ProfitSword, LLC | June 4, 2019
Leading providers of automated and cloud-based technology join forces to provide HITEC attendees with an evening of food, drinks and raffle prizes along with insight into the latest trends in data and labor management efficiency. MINNEAPOLIS – (June 4, 2019) – ProfitSword, hospitality's premier developer of business intelligence and data integration software, has partnered with Hotel EffectivenessⓇ, an industry leader in hotel labor-cost reducing cloud-based technology, to host a strategic networking event during this year's HITEC. Taking place on June 17 from 7pm-10pm at Brit's Pub, located at 110 Nicollet Mall, Minneapo...
Hotel Effectiveness, the Leading Hotel Labor Management SaaS Solution, Announces Growth Equity Investment From Growth Street Partners
Hotel Effectiveness Solutions | July 31, 2018
ROSWELL, GA, July 31, 2018 -- Growth Street Partners today announced a minority growth equity investment in Hotel Effectiveness Solutions, the leading provider of hotel labor management SaaS for the hospitality industry. Hotel Effectiveness' SaaS platform allows hotel owners, third party management companies, and property-level managers to control labor expenses according to occupancy rates, labor standards, and industry benchmarks. "We specifically chose to partner with Growth Street because the firm's culture, values, and goals align perfectly with our company's," said Mike Martin, CEO and co-founder of Hotel Effectiveness. "Part...
WoodSpring Hotel Property Management Implements Hotel Effectiveness in 107 WoodSpring Suites
Hotel Effectiveness | May 18, 2017
ATLANTA, GA (May 22, 2017) – WoodSpring Hotel Property Management has chosen Hotel Effectiveness as the labor management provider for their company managed WoodSpring Suites properties. This partnership adds 107 hotels to the rapidly growing list of hotels using Hotel Effectiveness' complete suite of labor management tools. "We are ecstatic to be working with WoodSpring Hotel Property Management," said Mike Martin, President of Hotel Effectiveness. "The unique nature of their extended stay operating model has allowed us to showcase the versatility of our labor management tools and show how all types of hotels can benefit from dema...
