“The hotel industry as a whole tends to be a fairly optimistic group, but I would definitely say there was a theme of more cautious optimism this year.” – Chris Hall
“The hotel industry as a whole tends to be a fairly optimistic group, but I would definitely say there was a theme of more cautious optimism this year.” – Chris Hall
Hotel Investor Apps (HIA) regularly releases new updates to keep improving our ERP & Accounting platform. We are pleased to announce that the next roll-out period for updates will be February 15th to March 15th, 2025, during which new features will be gradually deployed to all customers. “We are excited to get out of the […]
2024 was a great example of our dedication to making HIA ERP & Accounting platform the best in the industry. The HIA in-house development team built new software integrations, enhanced key areas of the system like Budgeting & Forecasting, Bank Connect, and Business Intelligence, as well as improved the overall user experience.
As portfolios grow and management teams request more real-time reporting, there can be pressure on the hotel accounting and operations teams to produce more intelligence faster.
So then, how do you deliver on increasing demands without driving up staffing or burning out your team? 
As hoteliers work their way through budget season, it’s a time when their attention rests once more on that simple, yet vital, backbone of hotel accounting, the Chart of Accounts. The Chart of Accounts is a list of financial categories and account codes used by a business to record and categorize its financial transactions. This […]
Last week’s The Hospitality Show rounded out the major conferences for 2024. HIA’s team participated with a booth and spoke with many hoteliers on the tradeshow floor. Here are the top 3 trends hoteliers and integration partners were speaking about in finance and technology.
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:
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.
“The numbers are… how we keep score in the game of hotel management.” – David Lund, hotel financial coach and author, “The Prosperous Hotelier” If numbers are how we keep score in hotel management, then hotel teams deserve the best scoreboards possible with which they can track performance against budget and keep their eyes on […]
Hotel Investor Apps (HIA) is happy to announce enhancements to its API integration with REPAY rolling out over the next several weeks. This update provides more detailed payment information within the HIA system so that users can more easily reference and provide proof of payment. For example, check payments will now include the check number, a […]
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.
More companies are turning to labor intelligence in response to rising labor costs and unprecedented labor shortages. Higher labor expenses can affect profit margins and profitability, and if there are not enough staff to meet business demands, it can also affect service levels and guest satisfaction.
Hotel management companies are looking for solutions for boosting efficiency as they juggle challenges of portfolio management including hotels at all different stages of the development and renovation pipelines, as well as larger issues of labor scarcity, rising labor rates, and how to do more with smaller teams. In the hotel back office, legacy systems, […]
It was a great HITEC event this year – attendees and exhibitors alike were all talking about the high energy and high attendance of the show held in Charlotte, North Carolina last week. Nearly 6000 attendees and 325+ exhibitors filled the Charlotte Convention Center to focus on all things hospitality tech. Factors Converging for Tech […]
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.
Enter the growing popularity of Enterprise Resource Planning systems (ERPs) for hotels that provide consolidated functionality in one platform. Hotel ERP’s stand out from other software in that they are built to integrate different aspects of the business into one consolidated system.
When a hotel company gets ready to start working with a new accounting system, most plan to take the plunge with a universal go-live date for all properties. However, sometimes hoteliers request to only onboard one or two hotels out of the portfolio to start. There may be very valid reasons for this request – […]
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.




