Hospitality Net

FEBRUARY 20, 2024

When it comes to fraud risk, one area of particular concern is procurement. This focus means that many hotels are lacking in their procurement due diligence, creating lucrative opportunities for fraudsters. This focus means that many hotels are lacking in their procurement due diligence, creating lucrative opportunities for fraudsters.

Procurement 87

Procurement 87

Lodging Magazine

AUGUST 21, 2024

NEWTON, Massachusetts—Sonesta announced a new incentive program that provides a 2 percent incentive to franchisees who use Sonesta’s procurement program for purchasing needs. This initiative offers financial benefits to owners and underscores Sonesta’s commitment to transparency and franchise relationships.

Procurement 58

Procurement Magazine 58

Hospitality Net

JULY 23, 2024

Siloed and fragmented procurement software often complicates the procure-to-pay process. This reliance on old-fashioned procurement management systems hinders operational efficiency. Outdated solutions are typically expensive, inflexible, and inefficient, yet many organisations persist in using these antiquated systems.

Procurement 87

Procurement 87

Hospitality Net

SEPTEMBER 12, 2024

Often, they exclude procurement, a crucial player in managing expenditures, from the budgeting process. Creating a robust budget is essential for any company’s planning and operations. Yet, many hospitality organisations need to leverage all their resources and expertise.

Procurement 92

Procurement Budgeting 92

Hospitality Net

APRIL 24, 2024

Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm’s new Vice President of Procurement.

Procurement 89

Procurement 89

eHotelier

OCTOBER 8, 2023

Marriott International, EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announced the launch of the Hospitality Alliance for Responsible Procurement (HARP).

Procurement 130

Procurement 130

Hotel Business

OCTOBER 5, 2023

Seven hospitality industry companies have come together to form the Hospitality Alliance for Responsible Procurement (HARP) , a collaborative effort whose purpose is to improve sustainability throughout the entire hospitality supply chain.

Procurement 103

Procurement 103

Lodging Magazine

APRIL 26, 2024

But even top-tier mattresses eventually need replacing, and at that point procurement will need to investigate the products in the ever-evolving bedding market. A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry.

Procurement 105

Procurement Pricing Magazine Marketing 105

Hospitality Net

SEPTEMBER 24, 2024

LAS VEGAS - [September 24, 2024] - BirchStreet Systems, the leading provider of procure-to-pay solutions for the hospitality industry, today announces its partnership with Red Sea Global, the developer behind regenerative tourism destinations The Red Sea and AMAALA, as its exclusive procure-to-pay partner.

Procurement 77

Procurement 77

Hospitality Net

AUGUST 14, 2024

This summer, as we witnessed the world’s top athletes compete in the 2024 Olympics in Paris, there were some profound parallels between pursuing excellence in sports and leading procurement in hospitality. Both domains demand precision, innovation, and a deep commitment to collaboration.

Procurement 84

Procurement 84

Hospitality Net

MAY 27, 2024

Digital procure-to-pay (P2P) solutions are a no-brainer for the modern hotelier, streamlining procurement cycles and generating insights for more strategic purchasing decisions. But these goals can’t be realised unless everyone is on board for the investment—particularly hospitality leadership and owners.

Procurement 93

Procurement 93

Hospitality Net

AUGUST 23, 2024

Sonesta, the 8th largest hotel company in the US, today announced a new incentive program that provides a 2% incentive to franchisees who utilize Sonesta’s procurement program for purchasing needs.

Procurement 67

Procurement 67

Hotel Business

AUGUST 22, 2024

Sonesta has launched a new incentive program that provides a 2% incentive to franchisees who utilize the company’s procurement program for purchasing needs. Our procurement incentive program demonstrates our commitment to providing exceptional value and support to our owners.

Procurement 59

Procurement Document Pricing 59

Hotel Business

FEBRUARY 27, 2024

The American Hotel & Lodging Association (AHLA) and Procure Impact , a B2B marketplace for products that support overlooked communities, have launched the Dignity of Work Pledge , an initiative to create 100,000 hours of paid employment for overlooked populations. Procure Impact makes it easy for hospitality companies to do just that.”

Procurement 64

Procurement 64

Lodging Magazine

FEBRUARY 28, 2024

WASHINGTON—The American Hotel & Lodging Association (AHLA) and Procure Impact announced the launch of the Dignity of Work Pledge, an initiative to create 100,000 hours of paid employment for overlooked populations. Procure Impact’s B2B marketplace allows companies to source responsibly and achieve social impact goals.

Procurement 63

Procurement Magazine 63

Hospitality Net

OCTOBER 25, 2023

E-procurement has a new ally in AI. And they have the potential to supercharge e-procurement and potentially even make up for a significant part of the losses that were inevitably incurred by the impact of the last few years. Recently introduced generative AI tools, like ChatGPT, have taken the business world by storm.

Procurement 89

Procurement 89

Hospitality Net

OCTOBER 29, 2024

BirchStreet Systems, a leading provider of cloud-based procure-to-pay solutions for the hospitality industry, announces the extension of a partnership agreement with Sodexo North America, a leading provider of sustainable food and integrated facilities management.

Procurement 64

Procurement Facility Management 64

Lodging Magazine

MAY 24, 2024

CHEVY CHASE, Maryland—PM Hotel Group announced a partnership with Procure Impact. As part of its commitment to the Dignity of Work Pledge, PM Hotel Group has pledged to create 2,000 hours of work for overlooked populations through purchases of products on the Procure Impact platform. “PM

Procurement 58

Procurement Magazine 58

Hospitality Net

APRIL 23, 2024

If your hotel uses in-house software to manage procurement, leadership may be reluctant to adopt a cloud-based solution—especially if an on-premise system has served you well for many years. This mindset is likely to put your hotel behind competitors in the near future if it hasn’t already.

Procurement 90

Procurement 90

Lodging Magazine

NOVEMBER 2, 2023

Partnering with a group purchasing organization (GPO) may help hoteliers better navigate and adapt to those challenges, according to Mike Bomstad, chief sales officer, Entegra, a Sodexo company and expert in procurement solutions and cost optimization for the hospitality industry. “A

Procurement 52

Procurement Magazine 52

Hospitality Net

MARCH 6, 2024

For leading hoteliers, investing in digital procurement innovation is crucial to addressing these concerns — not just as a way to bounce back from COVID-19 but as a lasting component of business growth, resilience, and prosperity for the hotel industry.

Procurement 80

Procurement Pricing 80

Lodging Magazine

MAY 3, 2024

The move creates a bicoastal women-led procurement firm with decades of FF&E procurement experience in all types of projects. Expanding the FF&E Procurement Firm appeared first on LODGING Magazine. Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc.

Procurement 58

Procurement Magazine 58

Hospitality Net

MAY 20, 2024

In an eye-opening survey by PwC, global procurement professionals have spoken when it comes to their digital transformation initiatives. By 2025, procurement departments have an average target of 72% digitalisation, with efficiency, transparency, traceability, and cost savings as some of their main drivers.

Procurement 52

Procurement 52

Hospitality Net

OCTOBER 5, 2023

This alliance aligns with Accor’s pioneering work and commitment to sustainable procurement, critical to achieving our scope 3 carbon emissions reduction targets. Cooperating and innovating jointly with our peers will provide the tangible tools needed to meet our environmental and social objectives.

Procurement 64

Procurement 64

Hospitality Net

OCTOBER 23, 2024

Traditional approaches to cost reduction might offer quick fixes, yet they often limit the strategic manoeuvrability necessary to tackle broader financial, procurement, and supply chain challenges. Focusing solely on immediate trims can bind choices for the future, jeopardising the potential for meaningful and sustainable innovation.

Procurement 52

Procurement Cost Reduction Guest Satisfaction Marketing 52

Hospitality Net

APRIL 16, 2024

Effective procurement departments have a significant positive impact on hotel performance. To endure persistent industry challenges—such as price volatility, tight profit margins, evolving guest preferences, and labour shortages—hoteliers must fine-tune their procurement operations to ensure greater efficiency, agility, and cost savings.

Procurement 89

Procurement Pricing 89

Lodging Magazine

APRIL 12, 2024

LOS ANGELES, California—Springboard Hospitality announced its collaboration with Procure Impact.

Procurement 58

Procurement Magazine 58

Industry Insights Lodging Magazine

JULY 28, 2023

Born and raised in Illinois, Wyman is active within his community: He is on his local Catholic […] The post A Power Proposition: Transparent Energy Brings Procurement Expertise to AHLA Members appeared first on LODGING Magazine.

Procurement 98

Procurement Business Development Magazine Marketing 98

Hospitality Net

JUNE 10, 2024

Digital procure-to-pay (P2P) solutions are a no-brainer for the modern hotelier, streamlining procurement cycles and generating insights for more strategic purchasing decisions. But these goals can’t be realised unless everyone is on board for the investment—particularly hospitality leadership and owners.

Procurement 59

Procurement 59

Hospitality Net

JANUARY 23, 2024

In the case of Frank Dierberger, the CEO at FutureLog, the mission was simple on paper but lofty in practice – solve the procurement problem by digitising and automating the procurement process. They know what keeps them up at night, and they make it their mission to help them rest easy.

Procurement 87

Procurement Marketing 87

Lodging Magazine Operations

OCTOBER 6, 2023

Entegra, a Sodexo company, joined five global hotel companies—Accor, Hilton, IHG Hotels & Resorts, Marriott International, and Radisson Hotel Group—and Avendra to launch the Hospitality Alliance for Responsible Procurement (HARP) to accelerate positive impact across the hospitality industry and to support to clients on key sustainability goals.

Procurement 62

Procurement Magazine 62

Hospitality Net

NOVEMBER 4, 2024

There are over 55,900 lodging properties in the United States, according to the American Hotel and Lodging Association. Some of the largest hotel chains own, run, or manage thousands of properties.

Procurement 83

Procurement 83

Hospitality Net

MAY 1, 2024

Interior Image Group (IIG) is pleased to announce the promotion of Jocelyn Lurie to Vice President of Procurement. This appointment is a testament to the exceptional talent within IIG’s team and Throughline dedication to excellence in hospitality, multi-family, and commercial interior design and procurement.

Procurement 52

Procurement 52

Hospitality Net

OCTOBER 9, 2023

EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Marriott International and Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announce the launch of The Hospitality Alliance for Responsible Procurement (HARP).

Procurement 83

Procurement 83

Hospitality Net

OCTOBER 5, 2023

Marriott International, EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announced the launch of the Hospitality Alliance for Responsible Procurement (HARP).

Procurement 83

Procurement 83

Hospitality Net

SEPTEMBER 21, 2023

Procurement has become a major lever of action for a more sustainable hospitality model. As a trailblazer in hospitality, Accor considers its responsibility to pioneer innovations that can move the needle for all its stakeholders and accelerate the sustainable transformation of the industry overall.

Procurement 88

Procurement 88

Hospitality Net

FEBRUARY 6, 2024

FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry since 1999, is pleased to announce the expansion of its international business development team. million products.

Procurement 92

Procurement Business Development Marketing 92