Sabre Hospitality Solutions Boosts Global Client Portfolio with Significant New BusinessSabre Hospitality Solutions has tapped into regions throughout the globe, building new business and offering hotels the most comprehensive set of hotel distribution and marketing services in the industry. The hospitality technology company has gained momentum by proving the worth of a true end-to-end solution, helping hoteliers increase their revenue, identify savings and get closer to their customers.
Friday 5 October 2012 - Aven Hospitality |
Benchmark Powers Expansion with Centralized Accounting PlatformBenchmark Hospitality International is growing. The company's fuel-injected expansion to more than 38 properties, 6,000+ rooms, and creation of its Personal Luxury Resorts & HotelsSM division, underlines its ability to capitalize on opportunities for investors and owners. Benchmark expertly leverages its team's financial and management skills and is a leader in putting technology in service to the bottom line. Successful management comes from by-the-numbers decisions "Benchmark understands what makes a great hotel, resort, or conference center and how to run it profitably," said Darrin Pinkham, vice president of information technology for Benchmark. "The way a property is designed, managed, and positioned in its market all contribute to solid operation; there is no magic. Basing day-to-day management decisions on the numbers is another big part of successful management in today's economy. At one time, we had to wait until month end or later to see property financials. We do not have that luxury today, so we built a centralized 'private cloud' technology hub and data gathering platform. Now our managers make decisions based on month-to-date performance every morning." Benchmark created the industry's first 'private cloud' to reduce ownership costs, protect data Three years ago Benchmark invested in the hospitality industry's first 'private' cloud platform to host its propertys' systems and data. The virtual platform enables Benchmark to reduce hardware costs for investors, protect corporate and guest data in a secure off-property environment, and collect and process performance metrics for its hotels. Benchmark uses the Internet-enabled Profitvue enterprise back office system from Aptech Computer Systems to centralize property accounting. "Benchmark's growth strategy means that we add properties on a regular basis. Technology plays an essential part of hotel operations and we wanted to standardize our systems to build efficiencies for greater profitability," Pinkham said. "For example, we use the Profitvue back office accounting system at all our properties, which include luxury resorts, hotels, and conference centers. The system is Internet-enabled, so the only back-office hardware our hotels need is a PC. The same is true for our front office systems. This is a great savings for our owners." Pinkham noted all Benchmark systems and property data are centrally hosted in Richardson, Texas at the same data center responsible for NASA's systems. Profitvue handles accounting for Benchmark's conference centers, resorts, and condos "Profitvue is flexible enough for us to have a standard chart of accounts and general ledger for all our properties, including condo rental, luxury resorts, and yacht slip resorts," Pinkham said. "This means when we take over a new property we can quickly integrate it into Benchmark's processes. We simply bring in financial team members from our other properties. They are familiar with the system and chart and G/L. It is a simple process for them to logon to Profitvue and create a new entity. We can have the new property up and running quickly without the usual hardware and software installation, and staff training. This saves time and money, and we can turn the property around much faster." Benchmark's corporate cloud strategy is adding to the bottom line with sharper management tools, as well. "The Profitvue enterprise accounting system is flexible so we can build reports that compare metrics from similar properties," Pinkham said. "We can roll up our Personal Luxury Resort & Hotel properties on one report and develop best practices around top performers. PCI compliance was another advantage of Benchmark moving data to the cloud. Pinkham noted that Benchmark's cloud-based system enables the company to keep all guest data secure at its hosting center. This also enables the company's properties to conform to many areas of PCI compliance. "Our private cloud strategy benefits our financial stakeholders, management teams, and guests," Pinkham said. "Aptech is an important part of our strategy and operations at all our properties. They understand hotel accounting and Benchmark's business process and are always ready to support our innovations." Benchmark Hospitality International is a leader in the management and marketing of resorts, conference centers, hotels, and Personal Luxury Resorts & Hotels SM. The independent company, launched in 1980, is a worldwide organization operating properties in major metropolitan and resort destinations. Benchmark's international headquarters is located in The Woodlands, Texas, near Houston. Benchmark Hospitality is also a founding member of the International Association of Conference Centers. The company's eastern regional office is in New Jersey, western regional office is in Washington, with international offices in Tokyo, Japan, and Santiago, Chile. For the location of Benchmark's properties and additional information, visit www.benchmarkhospitality.com. Aptech Computer Systems Aptech Computer Systems, Inc., based in Pittsburgh, Pennsylvania, leads the hospitality industry in leveraging change by valuing human relationships and applying technology to solve business problems for people. Incorporated in 1970, Aptech is a financial and operations technology solutions and service company whose products include state-of-the-art back office, business intelligence and enterprise planning products: Profitvue®, Execuvue®, Targetvue, and Webvue®. Over 2,500 properties, including very large chains, multiple-property management companies, and single-site hotels use Aptech solutions to understand their financial and operational data. Execuvue and Profitvue are registered trademarks of Aptech Computer Systems, Inc. All other trademarks are owned by their respective holders.
Wednesday 3 October 2012 - Aptech Computer Systems Inc |
RateGain's Hotel Rate Parity Trends - Middle East (Sep - Nov 2012)Hotel rate parity trends for September to November 2012 of three, four and five star hotels across some of the major cities in Middle East. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
Wednesday 3 October 2012 - RateGain Technologies Limited |
RateGain's Hotel Pricing Trends - Middle East (Sep - Nov 2012)Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Middle East. This set covers September to November 2012, taken in the 4th week of September 2012 (all rates are in US dollars for two adults for a one-night stay).
Wednesday 3 October 2012 - RateGain Technologies Limited |
MICROS First to Integrate and Implement Isis SmartTap™ Mobile Commerce Application in the Hospitality IndustryMICROS Systems, Inc. (NASDAQ: MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce the integration of the Isis SmartTap™ mobile commerce application into the MICROS Simphony™ point of service (POS) platform, allowing consumers to make purchases, redeem offers and present loyalty cards with the single tap of their smartphone. MICROS pioneered the integration of Isis SmartTap at ARAMARK restaurant locations in Basking Ridge, NJ.
Tuesday 2 October 2012 - Oracle Hospitality |
Agilysys Announces Latest Version of Lodging Management System®Agilysys, Inc. (Nasdaq: AGYS), a leading provider of innovative information technology and hospitality software solutions, today announced the latest version of the Lodging Management System® (LMS) property management solution, which can be viewed at Global Gaming Expo 2012 (G2E) in Las Vegas, Oct. 2-4.
Tuesday 2 October 2012 - Agilysys, Inc. |
Fujita Kanko, Inc. signs with FastBooking for booking engine, GDS, channel management and distribution services Paris, France and Tokyo, Japan—October 1, 2012—FastBooking, one of the world's leading e-marketing and online technology solutions providers for the hospitality industry, welcomes Fujita Kanko, Inc. as one of its newest hotel clients in Japan. FastBooking is providing all Fujita Kanko hotels with new websites. FastBooking code FG GDS and channel management services complete the offer for the majority of the properties.
Monday 1 October 2012 - D-EDGE Hospitality Solutions |
Loews Hotels & Resorts Selects the IDeaS Revenue Management System for Loews Hollywood HotelIDeaS Revenue Solutions, the leading provider of pricing and revenue management software, services and consulting to the hospitality industry, has announced that Loews Hotels & Resorts will implement the IDeaS Revenue Management System (RMS) at Loews Hollywood Hotel in Los Angeles. The 632-room property, acquired by Loews this spring, will use the automated system to streamline revenue management processes and increase profitability.
Wednesday 26 September 2012 - IDeaS a SAS company |
RateGain's Hotel Rate Parity Trends - Asia (Sep - Nov 2012)Hotel rate parity trends for September to November 2012 of three, four and five star hotels across some of the major cities in Asia. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
Tuesday 25 September 2012 - RateGain Technologies Limited |
RateGain's Hotel Pricing Trends - Asia (Sep - Nov 2012)Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Asia. This set covers September to November 2012, taken in the 3rd week of September 2012 (all rates are in US dollars for two adults for a one-night stay).
Tuesday 25 September 2012 - RateGain Technologies Limited |