Enterprising Hospitality



Feb 23, 2021

How To Forecast in 2021, A Whitepaper by M3

The onset of the COVID-19 pandemic has demonstrated, all too easily, that traditional hotel budgeting and forecasting can be quickly thrown out the window. In 2021, as hoteliers grapple with the unforeseen challenges facing the industry, such as decreased occupancy rates and new cleaning and social distancing standards, new forecasting techniques will emerge.

Download PDF
Jan 25, 2021

M3 named Best Reporting & Accounting Software in 2021 HotelTechAwards

M3, the hospitality sector’s #1 cloud-based financial and data management platform in North America, received the 2021 HotelTechAward for Best Reporting & Accounting Software by Hotel Tech Report. M3 was also named a finalist in the Best Scheduling & Labor Management System category for its Time Management platform.

Read More
Oct 01, 2020

M3 Releases Insight Mobile App

Today, M3, the hospitality sector’s #1 cloud-based financial and data management platform, announced the launch of the M3 Insight mobile app, a comprehensive mobile app supporting the company’s popular business intelligence platform, Insight.

Read More
Sep 07, 2020

Happy Labor Day From M3

Labor Day is always celebrated on the first Monday of September. It is America's way of honoring hardworking Americans across the United States.

Read More
Aug 10, 2020

M3 to Pass Along More Than $1 Million in Operational Savings to Customers

Customers of M3, the hospitality sector’s #1 cloud-based financial and data management platform, will receive more than $1 million in savings by way of reduced fees. All of M3’s customers utilizing its Accounting Core platform will benefit from the direct savings effective August 1.

Read More
Jul 23, 2020

RVC Outdoor Adventures Partners With M3

The Challenge RV and camping vacations are on the rise as American travelers take to the road during the ongoing global pandemic. According to an American Hotel and Lodging Association (AH&LA) study, 58% of domestic travelers plan to opt for staycations or driving vacations through the remainder of 2020. As the number of reservations increase at RV and camping resorts, management teams are adopting the back-end accounting technology of traditional hotels to accommodate for the influx of customers and data. Mary Jean Campochiaro, controller at RVC Outdoor Adventures (RVC), has seen firsthand the need for a forward-thinking, hospitality-specific accounting provider. With nine resorts located across the U.S., including Yosemite, California, Garden of the Gods, Colorado, Freeport, Florida, and Hot Springs, Arizona, RVC is the leading provider of high-quality outdoor hospitality, offering customers a variety of accommodations like cabins and cottages, yurts and RV sites. The fast-growing popularity of alternative accommodations across the country led to increased occupancy across RVC’s properties. This rise emphasized the shortcomings of RVC’s previous accounting platform’s cumbersome system, which was not meeting the company’s specific accounting needs, making it difficult to efficiently process accurate financial statements. Campochiaro decided RVC needed a new accounting partner that could match its growth and data increase with a customizable platform made for the hospitality industry.

Download PDF
Jun 25, 2020

Innvest Adopts M3 Platforms

With 14 internationally recognized hotel brands spanning over 80 properties, leading Toronto-based hotel ownership and management company InnVest Hotels is known for its diverse portfolio, which ranges from limited service to luxury hotels in every major region across Canada.

Download PDF
Apr 22, 2020

Return on Investment is Contingent Upon Making Practical Business Decisions

In times of uncertainty, M3’s outsourced accounting services can deliver certainty.

Read More
Apr 14, 2020

Scalability During Up Markets and Down Markets

Changes in hotel portfolios are a given. Addressing demand from new management contracts, contracting when management contracts are lost and changes in ownership have caused resource flex and flow forever.

Read More
Apr 03, 2020

M3 COVID-19 Updates

We remain committed to continued contact with M3 personnel and support, access to your financial information and guaranteeing your ability to provide owners and investors daily financial check-ups.

Read More
Apr 02, 2020

Small Business Owner's Guide To The Care Act

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non- profits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

Download PDF
Apr 01, 2020

Paycheck Protection Program FAQ

You can apply for the Paycheck Protection Program (PPP) at any lending institution that is approved to participate in the program through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by the Department of Treasury. This could be the bank you already use, or a nearby bank. There are thousands of banks that already participate in the SBA’s lending programs, including numerous community banks.

Download PDF

Sign Up for Newsletter