CHMWarnick, the leading hotel asset management and owner advisory services company to the hospitality investment community, announced today the launch of Proph+IT™, an innovative business intelligence platform designed to revolutionize how hotel owners and operators collect, analyze, and respond to performance data to improve investment returns.
The strength of a business partnership lies in the ability to adapt, innovate, and evolve together. Such is the case for High Hotels, a Lancaster, Penn.-based hotel management company that has been working alongside asset management and service optimization software company OpsTechPro for more than five years to automate its back-of-house workforce communications. Initially, High Hotels deployed OTP to streamline its maintenance and engineering processes. Today, the vendor/client relationship has evolved, and all 13 hotels in the company’s portfolio are leveraging the dynamic and scalable operations platform to manage and track additional workforce services, from housekeeping inspections, front desk requests, and lost and found inventory, to cash counts, push reports, capital expenses and more.
Fairmas, a leading provider of financial planning, controlling, and management reporting solutions for the hospitality industry, is excited to announce the opening of its new office in Italy. This expansion marks a significant milestone for Fairmas as it continues to grow and strengthen its global footprint.
Jim Petrus, whose career in hospitality spans award-winning global brands and independent properties, and management of diverse asset portfolios, has launched a new consultancy offering services informed by his four decades of hands-on leadership and relentless drive for optimal results. Petrus Hospitality Advisors will serve as a resource for developers, investors, owner/operators and family offices to assist with asset management, development efforts, experiential concepting and operational excellence. Real-life experience in all aspects of hotel management gives Petrus a critical understanding of the operational rigor that i
Otelier, the hospitality performance optimization platform that puts data and efficiency at the heart of hotel operations, has launched an innovative new product, called Otelier Rec, that automates financial reconciliation workflows, saving hotels potentially thousands of dollars per month.
As exclusive advisor, RobertDouglas announced today that it successfully refinanced Chartwell Hospitality’s Hilton Franklin Cool Springs in Franklin, TN, one of Nashville’s most prominent submarkets. RobertDouglas secured roughly $38,000,0000 of short-term, fixed-rate financing at highly attractive pricing from an institutional, balance sheet lender.
Lodging Econometrics (LE), a leading provider of global lodging real estate intelligence, announces the launch of multi-language localization capabilities within its renowned Business Development Database of hotel development intelligence & decision-maker contacts. This groundbreaking update is poised to revolutionize the user experience, offering access to and understanding of crucial hotel development data in a user’s preferred language, thereby allowing clients to discover more new business opportunities.Key Highlights of the Update:
Los Angeles – January 10, 2024 - RobertDouglas announced today that it represented, as exclusive advisor, SunCoast Properties, Inc. in the $29.0 million first mortgage floating rate financing of the SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton. Seven Hills Realty Trust (Nasdaq: SEVN), a real estate investment trust managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), provided financing.
Los Angeles, January 10, 2024 - RobertDouglas, one of the country’s leading lodging investment banking firms, has promoted Patrick Tan to the role of Senior Vice President. The announcement was made by Stephen O’Connor, Principal & Managing Director of RobertDouglas. Based in the firm’s Los Angeles office, Mr. Tan has been an integral part of the firm’s growth as a successful and highly respected advisor to private and institutional clients in the hospitality space.
Hospitality industry expert Karen L. Johnson today announced the six month anniversary of Stellarum Hospitality Consulting, a full-service, third-party consultancy providing a variety of services to the hotel industry. Formerly Pinnacle Advisory Group - West, the rebranded company has the same seasoned professionals to meet the bespoke needs of hotel owners attempting to navigate today’s marketplace.
Trinity Investments, a U.S. based hospitality-focused real estate investor, announced today it has established a London office as part of its global expansion. The move reflects Trinity’s long-term belief in the strength of the lodging sector and the growing opportunity in the European hotel real estate market.
Life House, a technology-forward hotel management company, has been selected to manage three new hotels in Texas - Hotel Dryce in Fort Worth, The Flats at St. Mary in San Antonio, and a third property that will be announced soon. The owners of both Hotel Dryce and The Flats at St. Mary wanted an experienced independent hotel operator to run the day-to-day operations and free up their time to focus on development projects. They were drawn to Life House’s ability to preserve brand identity, while maximizing profit through tech-enabled management.
Shiji Group has announced that the 200th installation of Shiji's Infrasys Cloud point-of-sale recently went live at Hyatt Regency Orlando International Airport in Orlando, Florida. Shiji and Hyatt originally began working together in 2019 after Hyatt selected Shiji’s Infrasys Cloud product to power systems at food and beverage outlets at select Hyatt properties.
Virtuoso®, the leading global network specialising in luxury and experiential travel, has added an impressive roster of new properties to its industry-leading Hotels & Resorts programme this year. The 2022 programme additions include 110 hotels, resorts, spas and private villas covering every corner of the globe, plus another 10 properties waiting to open their doors to the public. With this strategic and targeted growth, Virtuoso has ensured that as travel comes roaring back, the network’s member agencies, travel advisors and their upscale clientele have hospitality options to suit every taste. These new additions join a legendary collection of more than 1,500 of the world’s most stunning and sought-after hotels.
While new hotels continued to open during the Covid period, 2023 promises to be a bumper year for new destinations to discover worldwide. Iconic hotels on every continent will be ready to welcome travellers in search of new, high quality and authentic experiences. There is also a trend towards establishments that offer facilities for local residents and that blend naturally into their surroundings.
Actabl, the industry’s first and only integrated hotel operations, business intelligence and labor management solution platform, today announced that it has been selected by Highgate as the preferred provider of asset management solutions to its global portfolio of properties, which includes over 530 properties comprising over 87,500 owned and/or managed hotel rooms across the United States, Europe, Latin America, and the Caribbean.
When the Sunseeker Resort Charlotte Harbor opens in 2023, Maestro PMS will be there to manage all needs of its guests from booking to check-out and beyond. The 785-room resort (including 189 Signature Sunsuites™) will occupy more than 22 waterfront acres adjacent to the Peace River on Florida’s Gulf Coast. As the preferred browser-based cloud and on-premises property-management system for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups, Maestro will equip the luxury resort with operations modules to streamline Front Office, Activities, Spa, Memberships, and Marina, as well as mobile modules to support Online Pre-registration, Spa intake forms and the Spa Provider Schedule.
INTELITY®, provider of hospitality’s leading guest experience and staff management platform, announced today a deal with SUN & MOON Riverside Hotel to implement the INTELITY platform and mobile app with mobile check-in and mobile key for a fully digital guest experience.
Transcendent, the industry’s leading enterprise asset, maintenance, and capital planning management software, today announced that a new set of feature enhancements will make their debut at HITEC Orlando. Enhancements being featured will include a housekeeping, maintenance and engineering solution that drastically improves cross-departmental collaboration, communication and task management, as well as powerful asset management features and CapEx planning capabilities. At HITEC 2022, set to take place June 28-30 in Orlando, show attendees can schedule a private demo with Transcendent representatives at booth #829 to experience these new enhancements and discover how their teams can optimize departmental efficiency, while minimizing labor costs and increasing the longevity of valuable property assets.
Following extensive renovations, three storied boutique properties located in downtown Lenox are reopening together as part of The Lenox Collection, a newly reimagined family of inns connected by their deep historical roots in the town and elevated contextual design. As part of the reopening is Ophelia’s, a 66-seat restaurant and bar offering farm-to-table comfort food in an intimate indoor-outdoor setting, with locally sourced ingredients and curated cocktail list. New York-based firm 388 Ventures acquired the properties in 2021 and brought on independent hotel management company, Life House, to lead design and branding, as well as oversee all hotel and F&B operations leveraging their tech-enabled management platform.