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M3 and Reeco enter strategic alliance

Hotel Business

M3 , a provider of accounting and financial solutions for the hospitality industry, has entered into a strategic alliance with Reeco , an AI-driven procure-to-pay platform in the hospitality industry. The companies celebrated the alliance at an event at the Hunter Conference.

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FutureLog Showcases Hospitality Procure-to-Pay Solutions as Sponsor of the 2024 Asian Hotel Industry Conference & Exhibition in Singapore

Hospitality Net

FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, made a significant impact as both sponsor and panel moderator at the recent Asian Hotel Industry Conference & Exhibition (AHICE) South East Asia held in Singapore.

Insiders

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Web Exclusive: Crewfare launches to streamline event travel booking

Hotel Business

With the return of major concerts and other events after the COVID-19 pandemic, travelers are on the road again. In order to make it easier for them to book their stays, a new platform has launched to help the traveler—as well as event staffers. “A software that addresses this pain point didn’t exist, so we created one.”

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Smart Spending in 2025 for Greater Cost Effectiveness

Larry Mogelonsky

While cost-cutting through headcount reduction or procurement strategies can yield savings, recent innovations in hotel technology now allow properties to enhance efficiency across all departments, enabling each team member to accomplish more with fewer resources. The key concept here is experiential.

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Methods in the Madness: Insiders share their budgeting approach

HotStats

Days are spent creating a plan to address weaknesses, build on strength and endurance, and hedge against unfortunate events. Money is earmarked for activities that hopefully will generate income or sponsorships to procure better equipment. Budgeting is like training for an Olympic marathon.

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Clermont Hotel Group introduces instant booking platform

Boutique Hotel News

More than ever in the current trading environment, the subject of process automation has really come to the forefront for both sides of the simple meetings procurement process. The group’s UK portfolio comprises more than 5000 bedrooms and over 120 meeting and event spaces. . ” Clermont Hotel Group recently rebranded from glh.

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Sales, revenue, procurement: Three cornerstones of a thriving hotel business

Hotel Owner

That said, improvements in three key areas of sales, revenue, and procurement, can often be a driver for positive change and profitability. Procurement – Strategic sourcing for enhanced profitability Savvy financial management is a key driver of sustainable success at any hotel, venue, or hospitality setting.