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Otelier Launches Rec: The Automated Financial Reconciliation Tool to Drive Profits
Otelier | March 19, 2024
Otelier Rec, a software tool that can automate reconciliation workflows to save hotels thousands of dollars per month, is the newest addition to Otelier’s unified performance optimization platform. ATLANTA, MARCH 19, 2024 – Otelier, the hospitality performance optimization platform that puts data and efficiency at the heart of hotel operations, has launched an innovative new product, called Otelier Rec, that automates financial reconciliation workflows, saving hotels potentially thousands of dollars per month. Rec tackles the increasingly difficult challenge of identifying and resolving discrepancies in financial records, preventin...
MDO Becomes Otelier and Launches IntelliSight, a Unified Business Intelligence Platform
Otelier | February 26, 2024
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MDO Extends Leadership Position in Hotel Business Intelligence and Back-Office Automation With Acquisition of HelloGM
mdo | October 5, 2023
The acquisition of HelloGM further enables MDO to deliver data-driven solutions for the hospitality industry, equipping hoteliers to operate more efficiently and gain actionable insights from their data. ATLANTA, GA., OCTOBER 5, 2023 – MDO, a hotel data platform that centralizes and operationalizes critical performance and financial data for hotel companies, has bolstered its back-office automation and business intelligence capabilities with the acquisition of HelloGM. HelloGM, a centralized data analytics and automation platform, enables hotel operators to better understand property-level operating performance and automate previously...
MDO Jumps to No. 378 on 2023 Inc. 5000 List
MDO | August 15, 2023
Aggressive acquisition strategy leads to skyrocketing revenue growth for MDO, which has risen from 608th on the list in 2022 to 378th in 2023. BETHESDA, MD., AUGUST 15, 2023 – MDO, a hotel data platform that centralizes and operationalizes critical performance and financial data for hotel companies, has ranked No. 378 on the Inc. 5000 list of fastest-growing private companies in America. The ranking provides a data-driven look at the most successful independent and entrepreneurial companies in the U.S., and MDO has made the list for two consecutive years. “We are thrilled to be among the top 10% of America’s fastest-growing priva...
MDO Names New CEO and Strengthens Leadership Team
MDO | July 18, 2023
C-suite in place to continue to build upon and deliver purpose-built solutions for the hospitality industry, spanning Digital Document Management, Budgeting and Forecasting, and enhanced Business Intelligence BETHESDA, MD., JULY 18, 2023 – MDO, a hotel data platform that centralizes and operationalizes critical performance and financial data for hotel companies, is excited to announce the bolstering of its leadership team and the continued evolution of its product suite, debuting refined tools that will help hoteliers make more data-driven decisions to drive profitability. Over the past few months, MDO has strengthened its senior lead...
AI and Data Analysis Dominate Discussions at HITEC and HSMAI in Toronto
Jason Freed | July 7, 2023
MDO is back from a busy week in Toronto talking all things Artificial Intelligence and Data Analysis! At the Revenue Optimization Conference, held as part of HSMAI’s Commercial Strategy Week in conjunction with HITEC, the vibe focused on how an influx of readily available data is leading to modern approaches to revenue strategy. In a panel discussion titled, “Beyond the Rs: Revenue Strategy is More than Rooms Revenue, Rates, and RevPAR,” Jenna Villalobos, Senior VP of Commercial Strategy at Outrigger Hospitality Group, and Kathleen Cullen, Senior VP at PTG Consulting, shared a wealth of best practices for moving from a revenue m...
The Hotel Profit Playbook: Data-Driven Strategies to Move Beyond Rooms Revenue
myDigitalOffice (MDO) | June 7, 2023
Understanding labor and amenity costs, analyzing non-room revenue trends, and centralizing data from all revenue sources is arming hospitality leadership with the right data to make more profitable decisions. BETHESDA, MD. – MDO, in collaboration with Stayntouch and Revenue Analytics, has released "The Hotel Profit Playbook: Data-Driven Strategies to Move Beyond Rooms Revenue," a special report aimed at redefining the way hoteliers approach profit management. The Hotel Profit Playbook introduces the concept of Total Profit Optimization, defined as the act of broadening operational strategies to include focus on all...
Next Up for Revenue Managers: Tackling Ancillary Outlets
June 2, 2023
By Jason Q. Freed As a large majority of hotels have adopted some sort of dynamic pricing for their rooms, the next evolution of revenue management is moving beyond rooms, and many leaders have adopted total revenue management strategies for a more holistic approach. One area that is ripe for innovation is F&B Revenue Management, and hotels are adopting the same principles and techniques that apply to room revenue management in their various F&B outlets, including full-service restaurants, bars, coffee shops, and grab-and-go marketplaces. F&B revenue management techniques largely focus on dynamic pricing, or adjusting the...
