Finance Supplier News - Hospitality Net

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January 27, 2015

Award winning BlackLine Systems now tailored specifically for Hospitality by PAS

PAS is bringing the world's most trusted solution for Finance Controls and Automation, BlackLine Systems, to hospitality. Leveraging their in-depth experience in hospitality operations and their hands free integration platform, pasUNITY, PAS is creating an unparalleled solution surrounding the Financial Close - Balance Sheet, Bank and Credit Card Reconciliation Automation. The security and integrity that comes with pasUNITY integrations, eliminates many of the human errors that are commonly associated with such sensitive financial information.

PAS (Professional Accounting Solutions, Inc.)

January 20, 2015

RobertDouglas Advises Owners in the Financing of Legendary Beverly Hilton Hotel and Construction Financing of the Waldorf Astoria Beverly Hills

Los Angeles, CA – January 20, 2014 – RobertDouglas announced today that it advised Oasis West Realty, LLC, in a transaction involving the re-financing of the landmark The Beverly Hilton hotel and, in addition, a facility to finance the construction of the adjacent 170-room Waldorf Astoria Beverly Hills.

January 12, 2015

RobertDouglas Advises Hospitality Resorts Inc. on a CAD$150 Million Financing for the Hilton Niagara Falls / Fallsview Hotel and Suites in Niagara Falls, Ontario

RobertDouglas announced today that it has advised Hospitality Resorts Inc. on a CAD$150 million refinancing of the 965‐key Hilton Niagara Falls/Fallsview Hotel and Suites, located in Niagara Falls, Ontario. Hospitality Resorts Inc. is a privately-owned hotel investment, development and management company that has been active in the Niagara hotel and restaurant businesses for more than 40 years. The fixed-rate, seven-year financing was provided by Pacific Life.

Ontario, Canada

November 18, 2014

Sandals Upgrades BI to Latest Aptech Execuvue with Dashboards for 21 Resorts

Aptech Computer Systems announced that Sandals Resorts International (SRI) upgraded to the latest Execuvue Business Intelligence for easy-to-use, flexible global reporting for its 21 resorts throughout the Caribbean. SRI operates Sandals, Beaches and Grand Pineapple Beach Resorts. Aptech is the leading provider of hospitality software for business intelligence, budgeting, and enterprise financial accounting. Click here for more on Aptech's products and services. Execuvue BI enables Sandals to make decisions on near real-time performance information

October 29, 2014

WAKEUP CALL Revolutionizes Risk Management for the Hospitality Industry with New Online Solution

WAKEUP CALL, the first online risk management solution designed specifically for the hotel industry, today announced the official launch of its next generation SaaS-based platform. After successful beta testing with select hotel properties over the past two years, the unique WAKEUP CALL solution is now being made available though an affordable subscription model with a proven ROI. This proactive approach to risk management helps protect hotels from potential liability and lawsuits, while consolidating and tracking related documents and data in the Cloud, so that it is easily accessible to all stakeholders in the organization.

WAKEUP CALL, Inc.

October 2, 2014

RobertDouglas Advises Canyon Teton LLC On The Financing Of The Award-Winning Amangani Resort In Jackson, Wyoming

RobertDouglas announced today that it advised Canyon Teton LLC, a Canyon Group of Companies subsidiary, on the $15 million financing of the Amangani resort located in Jackson, Wyoming. The financing was provided by Bank of Jackson Hole.

September 18, 2014

M3 Accounting + Analytics Launches M3 Professional Services

M3 Accounting + Analytics, the industry leader in hospitality accounting and analytics software, is pleased to announce its latest service concept offering to hoteliers, a new division of the business to be known as M3 Professional Services (M3PS).

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Hospitality Net

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May 27, 2014

Quadriga Americas posts positive FY 14 financial results and strong room growth

Quadriga, the leading global provider of guest-facing technology solutions for the hospitality industry, today announced the results of its FY14 Financials for Quadriga Americas. Quadriga Americas provides a complete complement of Free-To-Guest, IPTV, HSIA and Network Services utilizing Quadriga's advanced range of technologies, which today support the global hospitality sector's largest number of IP-over-coax installations and more than 100,000 HSIA installations.

May 15, 2014

PAS announces the release of their Push Button Management Fee Calculation function as an added feature when leveraging pasCLOUD

Push Button Management Fee Calculation automatically captures the necessary property and external data and drivers at month end close. It performs all the needed fee calculations across the enterprise, creates and delivers the corresponding invoice forms through a secure web portal, and then auto posts all the needed entries at both the Corporate and Property levels. Hands Free!

PAS (Professional Accounting Solutions, Inc.)

February 10, 2014

JMBM's Chinese Investment Group™ announces successful acquisitions in the U.S. for Chinese clients, and promotion of Eudeen Chang to Vice Chairman of the Group

Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce the successful closing of a number of hotel and real estate purchases by members of its Chinese Investment Group™, and the promotion of Eudeen Chang to Vice Chairman of the Group. Chang is a founding member of the Group as well as a senior member of the Firm's JMBM's internationally recognized Global Hospitality Group®.

January 8, 2014

M3 Accounting + Analytics Celebrates Fifteen Years of Consecutive Growth

M3 Accounting + Analytics, the national leader in hotel-specific accounting software, operations reporting and business analytics, has closed out its fifteenth year in the industry with another successful year of growth in 2013. In December, M3's flagship hotel accounting platform, AccKnowledge, crested the 3,000 threshold of active hotels online.

Georgia, United States

January 7, 2014

RobertDouglas Advises Justice Investors on the $117 Million Refinancing of the Hilton San Francisco Financial District

RobertDouglas announced today that it advised Justice Investors in the $117 million refinancing of the Hilton San Francisco Financial District. The 10‐year, fixed rate financing was provided by Bank of America Merrill Lynch and Clarion Partners. Ideally located in the heart of San Francisco, the iconic hotel is at the crossroads of the Financial District, Chinatown and North Beach.

San Francisco, California, United States

August 30, 2013

M3 Accounting + Analytics creates alliance with STR

M3 Accounting + Analytics has launched a business alliance with STR that brings STR data directly into M3's hosted, business intelligence and analytics platform. It is available to any M3 Link client who subscribes to STR.

July 22, 2013

IHS GmbH Reports Change of Ownership

IHS GmbH, a provider of technology and marketing solutions to the global hotel industry, announces that Battery Ventures, a private investment firm focused on technology and innovation worldwide, has acquired all of the group's shares from Kings Park Capital (KPC), an independent equity investment firm based in London, UK.

Trust International

March 16, 2012

Brown Nester Hospitality Services Starts Year with Multiple Sales

Westlake Village, CA - (March 16, 2012) – The improving real estate market and greater access to available financing have proven to be beneficial to hotel buyers and sellers throughout California. Within the last few months, Brown Nester Hospitality Services, the most trusted name in hotel brokerage, has closed on properties located in Anaheim and Brentwood.

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See why hotels are switching to Mews

Revenue up. Manual work down. Hotels using Mews see 35% higher RevPAR and 45% more upsells. Book a free demo.

May 10, 2011

M3 Hotel Accounting Relocates Corporate Offices in Gainesville, Georgia

M3 Hotel Accounting has relocated its corporate offices to 340 Jesse Jewell Parkway SE, Suite 600 in Gainesville, Georgia. The move doubles operations space for the growing hotel accounting and payroll services company, where more than 15 jobs have been added in the last few years. Enhanced customer service, data center and training facilities have been designed to support improved company operations and workflow, in a facility that offers 24-hour security features and an on-site maintenance staff.

Atlanta, Georgia, United States

November 25, 2010

Domain Properties Buys Hotels in New York City and Beyond

Domain Properties, a well-respected NYC company offering real estate broker, consultant, and advisory services, is interested in buying hotels. This knowledgeable team buys hotels in New York City, Long Island City, Brooklyn, NY, and Queens. Domain Properties has extensive knowledge as well as proven experience in Manhattan real estate.

Domain Properties NYC

New York, New York, United States

July 27, 2010

Aptech’s Profitvue Back Office Accounting Selected by Four Hotel Companies

Aptech Computer Systems, Inc., the leading provider of hospitality software for business intelligence, enterprise financial accounting, and resource planning, today announced that four hotel companies have selected the Profitvue® back office system for corporate and property financial accounting.

June 22, 2010

Aptech Announces Next Generation Accounting Solution at HITEC

Aptech Computer Systems, Inc., the leading provider of hospitality management software for business intelligence and enterprise financial accounting, announced it launched development of an advanced hospitality financial accounting system - the Aptech Next Generation Accounting Solution.

June 21, 2010

Starwood Embraces Adaco for Hospitality Management

Following an in-depth vendor selection process, Starwood Hotels & Resorts Worldwide, Inc. selected Adaco.NET, the world's leading hospitality procurement platform. The announcement was made at the HITEC 2010 conference that opened here today, the world's largest hospitality technology event.