HIA Named Top Hotel Accounting Software of 2025!
We are thrilled to announce that Hotel Investor Apps (HIA) has been recognized as a “Top Hotel Accounting Software” in the 2025 Hotel Tech Awards!
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Category: Hotel accounting software
8 Pro Tips to Optimize Your Hotel Budget for 2025
We all know that hotel budgets provide a valuable reference point for informed and effective financial management. However, creating those budgets can be an intricate and time-consuming task.
Between inflation, tight job markets, and the competitive hotel management environment, the pressure to set and meet ambitious financial goals can be substantial. As can be the pressure to produce an accurate and reliable budget, taking all the what-if scenarios into account.
As we are in the midst of hotel budgeting season, here are some pro tips and food for thought to make sure your budgeting is covering all the bases.
Blog Post
The Power of Advanced Dashboards for Hospitality Financial Management
“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 the...
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HITEC Charlotte 2024 Recap: The Right Time for Technology
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 AdoptionThe...
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Deciding Between Hotel Accounting Software or a Hotel ERP? The Key Differences You Need to Know
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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Exciting New Enhancements to HIA’s ERP & Accounting Software!
HIA, the premiere hotel ERP, has announced a new integration with Microsoft Teams as part of its latest enhancements. Other recent enhancements include improved mobile app experience, and improved GL error detection.
Blog Post
Why Hotel-Specific Accounting Software Fails Management Companies
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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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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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.
Blog Post
When and Why You Need to Switch to a Hotel-specific Accounting System
Discover the importance of transitioning to a hotel-specific accounting system. Learn when it’s time to make the switch and why it’s crucial for streamlining financial operations, improving accuracy, and maximizing profitability.
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