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.
News Article
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,...
Blog Post
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:
Blog Post
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. . .
Blog Post
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.
Blog Post
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:
Blog Post
Looking to update your hotel accounting software? Make sure you choose one that preserves your General Ledger history or risk being caught without one!
Blog Post
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
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 economic outlook for the hospitality industry in 2024.
News Article
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
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 …
Blog Post
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
Hotel Investor Apps (HIA), the advanced accounting and business intelligence company, has appointed Candra Valley (Rader) as Regional VP of Sales – West.
Blog Post
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...
Blog Post
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
Blog Post
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
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
Discover the hidden consequences and missed opportunities that arise from neglecting to update your hotel accounting software.
Blog Post
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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