M3, a cloud-based financial and data management platform for the hospitality industry, announced that more than half of the 2019 top hotel management companies, as ranked by Hotel Business, rely on M3’s services to manage vital day-to-day property operations.
The rankings were determined by gross annual revenue at the conclusion of 2018. In addition to more than half of the top 158 ranked businesses, M3’s client share includes three of the top 10 and seven of the top 20 hotel management companies.
Located throughout the U.S., M3’s customers run the gamut from hundreds of single-property owner-operators to expansive portfolios exceeding 125 properties. These include: Pyramid Hotel Group, Davidson Hotels & Resorts, Crestline Hotels & Resorts, Hotel Equities, LBA Hospitality, HP Hotels, Charlestowne Hotels, The Hotel Group, Northwest X Southern Hospitality, McNeill Hotel Company, Strand Hospitality, Coakley & Williams Hotel Management Company, MMI Hotel Group, Chesterfield Hotels Inc., Gibson Hotel Management and Naples Hotel Group.
M3 is developed, designed and deployed to make a hotelier’s life easier. Offering robust accounting and financial analysis across entire portfolios, M3 tools drive opportunities for cost savings and increased revenue while delivering actionable business insight for 6,000 hotels across North America.
“Choosing M3 was a no brainer for us – we never had a second thought,” said Mark Ricketts, McNeill Hotel Company’s President and Chief Operating Officer. “M3 was a lifesaver and its services allowed us to accelerate our growth model.”
This article was sourced from Hospitality Technology.