2023 Top Trending Articles Round-Up
As we wrap up 2023 and look towards 2024, here is a quick round-up of some of the top articles on hotel back office innovation.
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Archives: Posts
Economic Forecasts & Identifying Opportunities in 2024
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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The Danger of being Caught without General Ledger History in an Audit
Looking to update your hotel accounting software? Make sure you choose one that preserves your General Ledger history or risk being caught without one!
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Lark & HIA: Operational Transformation and Employee Empowerment
Introduction Lark, a management group for small luxury and boutique hotels, was growing quickly due to their reputation for expertise in the segment, ownership mentality, and innovative ideas. However, while driving a strong ROI to their 50+ destination properties, behind the scenes they were challenged by a slow and tedious accounting system that required operational...
Case Study
HIA Expands with New VP for East Coast
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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The Good and the Bad of the Year Ahead
The economic outlook for the hospitality industry in 2024.
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Introducing Velixo – HIA’s Integration for Excel!
Even though we love to point out that Hotel Investor Apps ERP & Accounting software replaces manual Excel work with automated imports, and more error free data, we have to admit that there can still be a time and a place for Excel. When it comes to reporting, budgeting, and planning, we know that many...
News Article
Why AP Automation is a Must for Hotels
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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Stacy Silver Joins HIA Board of Directors
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.
News Article
HIA Welcomes New VP for West Coast
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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An Integrated Food and Beverage Experience – with Marriott, Toast, and HIA
Marriott International and Toast have recently announced an agreement to make the “Toast for Hotel Restaurants” point-of-sale (POS) system available to food and beverage outlets within Marriott’s select-service hotels in the United States and Canada. “Toast for Hotel Restaurants” integrates with Marriott's PMS system enabling hotels to offer an integrated food and beverage experience throughout...
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Leveraging Real-Time Reporting in the Hotel Industry: A Game Changer
Discover how real-time reporting can revolutionize financial decision-making in the hotel industry. From enhancing revenue management to streamlining tax planning, we dive into how this powerful tool transforms your approach from reactive to proactive. Let’s navigate the path to profitability and growth
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Preparing for the Future: Rain Maker Hospitality’s Leap to HIA’s Cloud-based Solution
Introduction In today's fast-paced world, embracing new technology is essential for businesses to stay ahead of the curve. RainMaker Hospitality, a growing leader in hotel management, was experiencing rapid expansion and forming fruitful partnerships. Yet behind the scenes, they struggled with an outdated legacy accounting system that impeded their operations. So they embarked on a...
Case Study
Canadian Niagara Hotels and HIA Partnership
Introduction The story of Canadian Niagara Hotels' partnership with HIA begins with an ambitious vision. As the owner and operator of Canada's largest entertainment resort, Canadian Niagara Hotels sought to streamline & upgrade their complex accounting & back office operations for better efficiency and guest satisfaction. To do so, the company embarked on a transformative...
Case Study
The True Cost of Not Updating Your Hotel Accounting Software
Discover the hidden consequences and missed opportunities that arise from neglecting to update your hotel accounting software.
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How Hotel Automation Saves Time And How to Get the Most Out of It
Explore the profound impact of automation on hotel operations. Learn how technology streamlines labor-intensive tasks like inventory and administrative work, boosts efficiency, reduces errors, and saves time and money. Discover how automation aids data-driven decision-making, makes scaling easier, and optimizes back-of-house operations.
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Essential Hospitality Tools: What is Business Intelligence for Hotels?
Explore the world of Business Intelligence and its impact on revenue, guest satisfaction, and overall success in the hospitality sector. Learn how data-driven insights can drive growth, enhance operational efficiency, and unlock a competitive edge for hotels.
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Accounting for Hotels 101: All the Basics You Need to Know
Discover the ins and outs of hotel accounting in this comprehensive guide. From understanding the unique financial needs of the industry, handling day-to-day operations, managing seasonal variations, to implementing specialized hotel accounting software, we delve into everything you need to manage your hotel’s finances effectively.
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Why Security Should Be Your Highest Priority for Hotel Software Moving Forward
Discover why prioritizing security is crucial for hotel software. Safeguard guest data, protect against cyber threats, and ensure a trusted and reliable experience. Stay ahead of evolving risks and make security your top concern when choosing hotel software solutions.
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Press Release: HIA Launches Revolutionary Advanced History Import Tool
Hotel Investor Apps (HIA), the most advanced hotel-specific Accounting & Business Intelligence software, has just announced the launch of a new industry-first import capability. Designed exclusively by HIA’s software development team, this feature enables hoteliers switching accounting software to import GL level historical transaction detail, for the first time in the industry. This means whereas...
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