At the recent Lodging Conference 2024 in Phoenix, Arizona, industry leaders gathered to discuss the current trends and forecasts for the hospitality industry. The Hotel Investor Apps team was busy in meetings and technology conversations – here are 6 key takeaways trending with tech leaders today:
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Hotel Investor Apps (HIA) is excited to announce a series of powerful new enhancements to its Budgeting & Forecasting Module, as part of its hospitality ERP platform. These improvements are designed to streamline budgeting workflows, reduce repetitive tasks, and provide greater control and precision over financial planning for hotel operators.
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Choosing the right ERP system for your hospitality business can transform the way you operate, offering streamlined processes, real-time insights, and improved profitability. This comprehensive guide covers essential factors to consider when selecting an ERP tailored to hospitality, from evaluating key features and integration capabilities to understanding total costs and ROI. Whether you’re a third-party management company or a privately owned hotel, these best practices will help you make an informed decision that supports long-term success. Discover how to choose the perfect ERP for your hospitality organization, and get a head start with our free ERP Features Checklist.
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For hotel accountings, closing monthly books can be a time-consuming and detailed process. This article covers 8 ways that technology can help speed up the month-end close.
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Chip Fritsch, COO and Co-Founder of Hotel Investor Apps was featured in Hotel Business with an exclusive article on power of Artificial Intelligence in modern hotel accounting software.
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In today’s competitive hospitality industry, choosing the right back-office hotel software can significantly impact your hotel company’s efficiency and profitability. You need a system that provides real-time information on the financial health as well as performance of each hotel, and the portfolio. For financial well-being, it often boils down to a choice between specialized hotel accounting software and a comprehensive hotel ERP platform. Each solution has advantages depending on the needs of the hotel management or ownership group. In this blog, we’ll explore the key differences between these two types of software, helping you determine which is best suited to meet the specific needs of your hotel business.
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In HIA Intelligence, HIA’s business intelligence and labor management solution, the Inova integration will work directly with HIA’s business intelligence and labor management tool to help hoteliers make smarter labor decisions by offering real-time labor analysis.
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Hotel Investor Apps (HIA), the hospitality-specific ERP, Accounting & Business Intelligence solution, has been recognized with the Acumatica Innovation Award 2024.
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With the new seamless bank aggregator, HIA boasts more coverage of local banks, and more total banking integrations than any other accounting solution in the hospitality industry.
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Hotel Investor Apps (HIA), the hospitality-specific ERP and Accounting platform, announced today the addition of Matthew Polk, MBA, as Director of Customer Onboarding.
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Hotel Investor Apps (HIA), the hospitality-specific ERP, Accounting and Intelligence platform, announced today major new enhancements to its business intelligence solution, HIA Intelligence. The latest product release includes more insights into financial, operational, and labor data and an enhanced user-interface.
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Hotel Investor Apps (HIA), the hospitality-specific ERP platform, announced today that Baywood Hotels (Baywood), a privately held development and management company operating over 120 hotels nationwide, has expanded its utilization of HIA’s ERP & Accounting platform with the addition of HIA Intelligence, a business intelligence product.
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They say knowledge is power. And in the competitive hotel industry, staying ahead of the curve means leveraging the right tools to convert raw data into actionable insights. That's where business intelligence (BI) software comes into play. Instead of sifting through spreadsheets and reports to get a clear view of your hotel's performance, you'll get a comprehensive,...
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Hotel Investor Apps is always developing and improving its hotel ERP platform. In 2023, HIA released state-of-the-art import features, added new integrations, improved user experiences, and expanded business intelligence features. Here are a few of the development highlights:
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Just as it takes a specific skill set to effectively manage hotels, those of us in the industry also know that hotel management itself requires specific software. Hotel-specific accounting software meets the unique needs for hotel accounting; however, it was never designed to be used by third-party management companies to manage their corporate finances.
Consider the challenge for management companies to bill each hotel for management services. . .
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At the start of 2023, despite rising inflation and higher interest rates, the hotel industry was cautiously optimistic. In 2024, strong travel fundamentals are expected to off-set a stalling economy. RevPAR growth is forecast at 4.1%.
With these forecasts and lodging trends in mind, here are 4 critical thinking questions applied to the lodging sector. See if you think these will help your team take proactive management action:
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Hotel Investor Apps (HIA), the hospitality-specific ERP and Accounting platform, announced today the appointment of Gregg Suffredini as Regional VP of Sales – East.
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Is your hotel Accounts Payable team buried under invoices? Harried, stressed, balancing invoices, due dates, approvals, and dragged down by manual entry processes?
It doesn’t have to be this way. Imagine a streamlined future where invoices are automatically scanned, data recognized, sorted, and coded into the accounting system. Where your team wins back ⅓ of the time …
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Hotel Investor Apps Inc. (HIA) is pleased to announce the appointment of Stacy Silver as the newest addition to its board of directors.
Stacy Silver, ISHC, is President of Silver Hospitality Group, LLC, a well-known consulting firm focused on building revenue and profitability for hospitality companies through industry relations and marketing solutions.
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Hotel Investor Apps (HIA), the advanced accounting and business intelligence company, has appointed Candra Valley (Rader) as Regional VP of Sales – West.
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