Hotel Business

JUNE 26, 2025

For LGBTQ+-owned businesses, becoming a certified LGBT Business Enterprise (LGBTBE) provides visibility in corporate procurement channels, where access has historically been limited. Visibility and certification matter Certification through the NGLCC creates opportunities and helps turn those opportunities into meaningful partnerships.

Procurement

Hospitality Net

APRIL 30, 2025

Premier, an end-to-end architecture, interior design, procurement, project management, and corporate engineering firm with specialization in hospitality, multi-family residential, student housing, adaptive reuse, and mixed-use development, is pleased to celebrate the completion of its Le Pavillon New Orleans, a Tribute Portfolio Hotel project.

Procurement

Lodging Magazine

APRIL 10, 2025

MIAMI, FloridaReeco, an AI-driven procure-to-pay platform, announced its partnership withVision Hospitality Group, a hotel ownership and management company operating 42 properties across eight states. The collaboration aims to tackle key operational challenges by automating accounts payable (AP) processes.

Procurement

Revenue Hub

JANUARY 13, 2025

NB: This is an article from Otelier Subscribe to our weekly newsletter and stay up to date With STR forecasting modest growth for 2025, its critical for hoteliers to move beyond static budgets, take dynamic market conditions into account, and put operational strategies in place to meet and exceed budget.

Budgeting

Hospitality Net

MAY 14, 2025

a platform built for hotels which unites accounting procurement and payment data into a single, unified system. Bensetler is the founder and CEO of Data Plus, Inc.,

Procurement

SiteMinder

NOVEMBER 3, 2024

Given that hotels can be unique accommodations and physical buildings, insurance policies will often also take into account all the different amenities and spaces within the property too. The potential risk of injury, damage, or theft is high – and that’s before even taking into account factors such as weather events.

Accounting

Synergy Suite

MAY 29, 2025

Outdated Supply Chain Tools Before moving to SynergySuite, here’s what we hear from operators every day: Disconnected inventory management systems that don’t talk to POS or accounting Teams relying on spreadsheets or clipboards to track restaurant supply orders No reliable demand forecasting.

Back of House

LimeTray

JANUARY 31, 2025

Combining supplier and purchase order management within a single system expedites the procurement process, ensuring that restaurants are always stocked with the necessary supplies. System Integration Be it accounting software or ERP tools, integration is the name of the game.

POS Systems

SiteMinder

APRIL 27, 2025

Accounting software: The POS system sends sales and employee data to be logged in the accounting software. Centralising control of stock means your hotel can streamline procurement and supplier management, even across multiple sites. You may also be able to set automated stock level alerts to prevent shortages and overstocking.

POS Systems

Hotel Business

FEBRUARY 26, 2025

Reeco , an AI-driven procure-to-pay platform for the hospitality industry, has appointed Paul Bennie as VP, sales and customer experience. Most recently, he served as VP, strategic accounts at Actabl.

Procurement

SiteMinder

MAY 20, 2025

In many hotels, heating and cooling account for up to 50% of total energy use , often because systems are outdated or inefficient. It helps to keep a clear hotel equipment list for each department, so nothing slips through the cracks during procurement. It increases running costs and quietly erodes the guest experience.

Guest Satisfaction

Modern Restaurant Management

MARCH 14, 2023

Businesses can protect themselves from payments fraud through an end-to-end procurement solution that empowers businesses to digitally process large payment volumes, and enable transparent control over payments processes and funds. The last thing businesses need during a period of economic certainty is to lose profit unnecessarily.

Procurement

Modern Restaurant Management

JULY 14, 2022

Think of all the hours you spend counting inventory, placing orders, and managing your accounts payable. You can unlock the power of your restaurant data with the help of solutions such as procurement and supply chain technology. The only way you can accurately know the answers to these questions is with the help of technology.

Procurement

Lodging Magazine

JUNE 4, 2024

As chief financial officer, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury, and procurement. Smith, CEO.

Procurement

Revenue Hub

DECEMBER 15, 2023

NB: This is an article from Craftable Subscribe to our weekly newsletter and stay up to date Optimizing back-of-house processes like procurement and using data to manage current inventory and help predict future trends can help operators control purchase orders, reduce financial risks and anticipate and adjust to future needs based on past trends.

Procurement

Modern Restaurant Management

JANUARY 23, 2024

With more potential challenges than ever to account for, leaders in the food and beverage space must approach challenges proactively to avoid adverse impacts to operations, reputation, and profitability. Below are effective ways that some of the most common industry risks can be mitigated.

Procurement

Modern Restaurant Management

MARCH 16, 2022

Accounting for inflation, $1.00 This, combined with the unrealized WOTC credits, these two factors alone account for over $60,000 annually. The Bureau of Labor Statistics states that some 890,000 workers in the sector quit their jobs in a single month. in 2006 is equivalent to about $1.38

Procurement

Modern Restaurant Management

MAY 10, 2022

With the right food cost management technology, you can automate and manage tasks such as recipe costing, accounting, and purchasing, all in real-time. It can take hours to manually figure out things like recipe costs, ingredient prices and inventory counts. Leverage Purchasing Data. Like Sherlock Holmes once said “Data! “Data!

Cost Reduction

Hospitality Magazine

OCTOBER 22, 2024

EcoVadis evaluates companies on various criteria, including environmental management, labour and human rights, ethics, and sustainable procurement. Through collaboration and accountability, SLoCT fosters a more sustainable supply chain, enhancing overall environmental performance.

Procurement

Hospitality Net

JULY 17, 2024

Aptech has teamed with BirchStreet Systems to deliver efficiency and automation where it is most needed – the procure-to-pay (P2P) process.

Procurement

Hospitality Net

MAY 31, 2023

In this episode, Gareth Fraser interviews Vice President of Strategic Accounts, Tim McColloh. They discuss Tim’s professional background and what brought him to BirchStreet Systems, Strategic Account Management, software value proposition, and his recent attendance at the Marriott EMEA Procurement Meeting in Cairo, Egypt.

Procurement

Hotel Business

APRIL 1, 2024

Among the services provided by the CoralTree Residence Collection are owner relations and renovation services; accounting and financial services; guest/concierge services; front desk and amenity management; maintenance and capital project oversight; marketing; distribution and pricing; housekeeping; asset management; and procurement.

Procurement

Hotel Business

APRIL 17, 2024

“Direct booking on a property’s own website accounts for around a third of all bookings, with OTAs about half that. “The pandemic highlighted the importance of having an expert handling your booking if something goes wrong within procurement, CSR and sustainability control.

Book

Modern Restaurant Management

FEBRUARY 21, 2022

Plant Based Protein accounted for US$ 11.3 Vegan restaurants are hit hard as their raw material procurement is very specific and relatively complex. This has accelerated the demand for plant based meat and dairy products especially in western hemisphere. Now, there's no denying that there's money in this segment.

Blog

Hotel Business

JANUARY 14, 2025

Other promotions include: Lindsay Meadows has been promoted to SVP, accounting & procurement. Since joining HE in 2022, she has been instrumental in optimizing procurement strategies and vendor relationships.

Procurement

The Restaurant Times

JUNE 3, 2020

Rather than procuring raw materials on credit from your suppliers, check if they are willing to offer a discount if you make an immediate payment. Irrespective of the restaurant format, food costs generally account for a significant part of overall restaurant expenses. Implement an Automated Accounting Process.

Maintenance

Hotel Owner

SEPTEMBER 18, 2024

It comes as it has procured renewable energy for the past three years, whilst investing in water conservation and adopting “innovative” waste reduction programs. Key components of this include “clear policies, rigorous oversight, and a culture that prioritises ethical decision-making and accountability”.

Procurement

EATER

DECEMBER 17, 2021

Chipotle says that there are about 300 restaurant locations with a drive-thru window already, which only accounts for about 10 percent of all its burrito procuring destinations. Imagine begging the Chipotle worker at the window to let you get a few drips of this magical kicker of a sauce.

Procurement

Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

Procurement

Hospitality Net

JUNE 18, 2024

BirchStreet Systems, a leading global provider of enterprise procure-to-pay-solutions to the hospitality sector, today announced the launch of Operational Insights, an interactive reporting and analytics solution designed to help customers achieve operational goals for Purchasing and Accounts Payable processes and yield substantial cost savings.

Procurement

Revenue Hub

DECEMBER 8, 2023

For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses. Automation technologies make a difference in hotel operations and efficiency to streamline back-office tasks such as inventory management, accounting, and payroll processing.

Procurement

Hotel Business

JULY 18, 2024

Aptech has teamed with Birchstreet Systems to deliver efficiency and automation to the procure-to-pay (P2P) process. Integration between Aptech and BirchStreet has been instrumental to our performance,” said Khanh Tran, VP, finance & accounting, Twenty Four Seven.

Accounting

Hotel Owner

SEPTEMBER 25, 2023

Indeed, practising with homegrown produce is the best way to attune your senses, bringing a new element of procuring and planning to restaurant kitchens. A sustainable appetite As of this year, transportation alone accounts for 19% of the greenhouse gas emissions created globally by the food and drink industry.

Procurement

EATER

JULY 3, 2024

There are a lot of different factors that you have to take into account, and then wrap all that up into the question of how do I make it taste? For the purchasing team, and procurement, it’s been a fantastic journey to really start from the beginning of the chain and work alongside producers. Bananas are an athlete’s favorite thing.

Menu Planning

Hotel Business

JUNE 10, 2024

In his new position, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury and procurement. Davenport will sit on the organization’s executive leadership team and report directly to Craig S. Smith, CEO.

Procurement

EATER

AUGUST 30, 2022

Ono’s perceived authenticity accounts for at least some part of his reverence. As Ono explains in the film, “We can’t buy just any tuna.” When used by diners in the U.S.

Procurement

Hotel Business

SEPTEMBER 28, 2023

Among the services provided will be owner relations and services, accounting and financial services, guest/concierge services, front desk and amenity management, maintenance and capital project oversight, marketing, distribution and pricing, housekeeping and procurement.

Resort Management