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Sustainable Procurement Enables ESG as a Hotel Selling Feature

Hospitality Net

While the policies that a hotel enacts must pervade all operations and the corporate company, one particular area that presents challenges is the procurement department, wherein the latest explainer article from Amazon Business addresses three of these as well as three top tactics for more sustainable purchasing.

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7 tips for procuring contractors for a hotel

eHotelier

It might feel like procuring contractors for a hotel is a bit of a minefield, but luckily it's one you can learn to navigate with time and experience.

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HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

An AI-powered procure-to-pay platform designed for the hospitality industrydesigned with help from a former hotelierhas just received funding that it says will help it continue to make the process easier for hoteliers. Purchasing is one of the most difficult challenges facing hoteliers.

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Mastering Procurement in Remote Hotel Locations: Challenges and Strategic Solutions

Hospitality Net

Procurement hurdles in remote hotel locations require meticulous planning and strategic insight. According to a Global Business Travel Association survey, 54% of hotel executives in remote locations reported difficulty finding sufficiently diverse suppliers to meet their procurement needs.

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The Travel Rate Debate: Selecting Dynamic vs. Fixed Hotel Pricing

Revenue Hub

Fixed or dynamic hotel rates? NB: This is an article from CWT Subscribe to our weekly newsletter and stay up to date With the hotel sourcing season well underway, many corporate travel and procurement teams are likely trying to figure out which hotel pricing model makes the most sense for their programs.

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M3 and Reeco Announce Strategic Alliance to Simplify Hospitality Procurement & Financial Management

Hospitality Net

M3, the leading provider of accounting and financial solutions for the hospitality industry, has announced a strategic alliance with Reeco, the leading AI-driven procure-to-pay platform in the hospitality industry.

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Reducing Procurement Fraud Risk in Hospitality With Procure-to-Pay Automation

Hospitality Net

When it comes to fraud risk, one area of particular concern is procurement. In recent years, hotels have faced myriad challenges, including supply chain disruptions, economic volatility, and labour shortages. It’s estimated that hotels lose between 5% and 6% of their annual revenue due to fraud.