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“When you’re finished changing, you’re finished.” —Benjamin Franklin
Read MoreFrom an industry perspective, the next chapter of hospitality accounting will be all about the three “A’s”: apps, automation and analytics. Faced with greater demands in 2019, hoteliers will be forced to find new forms of automation to speed up financial processes and improve visibility on the backend, while enticing guests to utilize mobile apps through enhanced personalization on the frontend.
Read MoreHotel technology is changing and evolving every year. What seemed like science fiction years ago has turned in the real thing. Innovations like the use of robots, cell phone apps for hotel services, and virtual reality (VR) will grow and become more sophisticated and user-friendly in the year ahead.
Read MoreIn today’s hospitality landscape, managing hotel financials is more daunting than ever.
Read MoreAlmost anything can disrupt a hotel's computer system - from power outages to natural disasters to viruses. Backing up and protecting your property's data is critical to keeping guests' proprietary information and your own files safe from harm. It also is key to keeping your hotel running smoothly and efficiently.
Read MoreM3, an accounting solution provider for hotels, announced a series of new and expanded partnerships to boost its portfolio of more than 5,200 hotels worldwide. Serving over 50% of the top management companies in the U.S., M3 secured new business contracts with the following:
Read MoreIn 1956, MMI Hospitality Group launched its first hotel – a Holiday Inn in Meridian, Mississippi. More than 60 years later, the third-generation hospitality company has owned, managed or served more than 100 properties across the Southeast. MMI’s CEO Gaines Sturdivant is tasked with managing the company’s diverse portfolio of 11 hotels, from privately owned and select-service properties to 5-star oceanfront resorts. During his 38-year tenure, Sturdivant has experienced numerous economic cycles and technological shifts that have forced the business to adapt.
Read MoreThree tips for hoteliers to leverage “big data” to gain essential business insights and drive revenue.
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