Red, White & Review: 3 Mid-Year Metrics Every Hotelier Should Check Now
July Is Hospitality’s Halftime—How Are You Tracking? The Fourth of July is one of the busiest and most profitable weeks of the year for many hoteliers, but it’s also an important marker: the midpoint of your financial year. Now is the time to ask: Are we where we thought we’d…
Essential Features of a Hotel-Specific Accounting Platform: What to Look For
How Tailored Tools Simplify Hotel Financial Management and Drive Success Financial management isn’t just about tracking revenue and expenses in the dynamic and fast-paced hospitality industry. Hoteliers need tools that provide industry-specific insights, integrate seamlessly with their existing systems, and align with standardized accounting practices. A generic accounting platform might…
Sustainable Hospitality: Smarter Hotels, Greener Future
How eco-friendly operations and digital tools are reshaping hotel management. In an industry centered around guest experience and operational excellence, sustainability has become more than just a trend; it’s a necessity. Today’s travelers are not only booking for comfort and convenience, but they’re also making decisions based on a hotel’s…
Why Real-Time Financial Reporting Matters for Hoteliers
Empowering Hoteliers to Make Proactive, Profit-Driven Decisions In the fast-paced world of hotel management, the ability to access and act on current financial data is not just a luxury — it’s a necessity. Traditional financial reporting, which often comes after the fact, can leave hoteliers with little room to make…
Why 2025 is the Year of Automation in Hospitality
The Future of Hospitality: Efficiency, Accuracy, and Growth As we step into 2025, one thing is clear: automation is no longer a luxury—it’s a necessity. For hoteliers managing up to 10 properties, balancing growth with operational efficiency is becoming increasingly challenging. Labor shortages, rising costs, and the demand for real-time…
Summer Surge: What Vacation Season Means for Hoteliers and How to Prepare
🏨 Why Summer Is the Real Stress Test for Hotels For most travelers, summer means sun, freedom, and getaways. But for hoteliers? It’s high season and high pressure. Increased bookings bring in revenue, but they also stretch your teams, infrastructure, and operations to the limit. Whether you’re running one boutique…
Why Revenue Isn’t Profit: Breaking Down Expenses for Hoteliers
Revenue vs. Profit: A Hard Lesson for New Hoteliers Seeing your hotel fully booked and revenue flowing in feels great—but does that mean you’re making a profit? Not necessarily. Many new hoteliers assume that high revenue equals success, only to be shocked when profit margins shrink. Let’s break down the…
Building a Lasting Hotel Legacy: What It Takes to Create an Empire
Strategies for Multi-Generational Success in the Hospitality Industry A hotel isn’t just a building—it’s a vision, a foundation for future generations, and a legacy that can withstand the test of time. Many hoteliers don’t just operate for today’s success; they build with the intention of passing their business down to…
Why a Connected Hotel Ecosystem Matters
In today’s fast-paced hospitality industry, a connected hotel ecosystem isn’t just a luxury—it’s a necessity. Hoteliers juggle financial management, procurement, payroll, payments, and cost optimization while striving to deliver exceptional guest experiences. But when critical systems don’t communicate, inefficiencies pile up, leading to wasted time, lost revenue, and frustrated staff. That’s where…
The Final Four of Hotel Revenue: The Metrics That Actually Matter
A Winning Game Plan for Maximizing Hotel Profitability March Madness isn’t just about basketball—it’s about strategy, precision, and knowing which plays will get you the win. The same applies to hotel revenue management. While many hoteliers focus solely on RevPAR (Revenue Per Available Room), the real game-changers are the metrics…
M3 Ranks #1 on HotelTechReport.com’s ‘Top Finance & Accounting Software’ and ‘Top Labor Management Software’ 2025 List
We’re excited to announce that M3 has ranked #1 overall on HotelTechReport.com’s Global Best Finance & Accounting Software and Best Labor Management Software list in the 2025 HotelTechAwards. The HotelTechAwards are produced by HotelTechReport.com, the leading authority on hotel software and digital transformation in the hotel industry. The HotelTechAwards…
25 Years of Trusted Hotel Accounting | M3 Software
Trusted Financial Solutions Built by Hoteliers, for Hoteliers™ Trusted Hospitality Accounting for Hoteliers. For more than 25 years, M3 has been a trusted leader in hotel accounting and hospitality accounting, helping hoteliers streamline financial operations and increase profitability. With deep expertise and a commitment to innovation, M3 has built lasting…
How Does Ease of Use Affect Your Hospitality Accounting Solution?
In the hospitality industry, where smooth and efficient operations are essential to providing top-tier guest experiences, the last thing you want is for your accounting solution to slow you down. Whether you’re a property manager just starting out or a seasoned hotel operator, the ease of use of your accounting…
Does Your Accounting Software Calculate REVPAR?
If you’re managing or learning to manage a hotel, you’ve likely heard of REVPAR, but how well do you understand it? For those new to hospitality, it’s a key metric that stands for “Revenue Per Available Room.” It’s crucial because it provides a snapshot of how well a property is…
How Does Your Property Management System (PMS) and Point Of Sale (POS) Connect to Your Accounting Software?
In the fast-paced world of hospitality, seamless integration between different systems is crucial for managing day-to-day operations efficiently. Two key systems in any hotel are the Property Management System (PMS) and the Point of Sale (POS) system. But how do these systems connect to your accounting software? If you’re relatively…
