Operators have wanted a near-real-time P&L for years. Now, companies that have the right financial foundation in place are proving how close you can actually get. In Dallas, a regional director of operations overseeing 10 properties has worked hard to build an operational cadence that lets GMs meet a 10:30 AM daily deadline to clear...
Blog Post
Get a quick overview of the key features & navigation in HIA – the ERP And Accounting platform transforming hotel management operations.
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How do you determine the best ERP system for your hotel company? Evaluate your options with these 8 selection criteria most relevant for hotel management, ownership, or development firms.
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HIA Co-Founder & COO Chip Fritsch charts the AI transformation reshaping hospitality finance — from today's automations to the autonomous back office on the horizon - as featured in Hotel Management. Somewhere right now, a hospitality accountant is manually reconciling yesterday's transactions — pulling data from three different systems, building a report that won't reach...
News Article
If you’ve spent enough time in hotel finance and operations, you’ve seen how the pressure to operate smarter, faster, and with more visibility (all while walking tighter margins) has grown exponentially in the past decade. The need for consolidation and access to everything in one place has never been more in demand. It’s one of...
Blog Post
Hospitality may start at the front desk, but profitability starts in the back office. While your guests may get new flashy keyless entry and streamlined services, your finance teams often still deal with spreadsheets, dozens of different logins, and time-consuming workarounds. The result? A fine-tuned guest experience, but the teams responsible for forecasting, budgeting, and...
Blog Post
In "How Management Companies Are Winning With Consolidated Data," Charles “Chip” Fritsch, COO and Co-Founder of Hotel Investor Apps, shares how top management companies are using technology to differentiate themselves. Fritsch notes how the most innovative management companies he sees are laying a strategic foundation for growth. This includes adopting cloud-native, integration-friendly technology as the...
News Article
Artificial Intelligence is transforming hotel accounting and business intelligence.
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Hotel management companies need true, versatile, and automated intercompany accounting capability to handle to frequent transfers between management company and hotels, and transfers between hotels. Hotel Investor Apps ERP & Accounting Software automates the "due to" and "due from" entries to reduce manual labor, increase accuracy, and save time for more important, value-add tasks.
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Savvy hotel management execs know that the same technology that worked for a 10-12 hotel portfolio doesn’t always work when that portfolio is rapidly scaling. Adopting tech solutions that scale could be the difference between earning the next deal or being left behind. That’s why thinking big picture with the long-term growth of the company...
Blog Post
The hotel industry has no problem adopting technology to improve guest experiences and front-of-house operations, so why are we often stuck in the past with outdated financial processes and technologies that create delays, limit visibility, and lack the flexibility today’s owners demand? Tech-forward hotel management companies are turning toward modern financial technology that delivers timely...
Blog Post
01. Introduction Hotel Investor Apps (HIA) recently sat down with Steve Kirkland, Vice President of Finance for Presidian Hospitality, to hear about Presidian Hospitality’s experience with one of HIA’s newest integrations, Velixo, which connects the HIA platform to Excel. Presidian Hospitality, a Texas based and focused hotel management company with a roughly 15 hotel portfolio,...
Case Study
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.
Blog Post
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, error-prone...
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