Blog
HIA Wins Acumatica Development Excellence Award
February 1st, 2023 – Hotel Investor Apps (HIA), the most advanced hotel-specific Accounting & Business Intelligence software, has just received the coveted Acumatica “Development Excellence Award.” The award was announced at the 2023 Acumatica Summit being held this week in Las Vegas.
True Cloud vs. Fake Cloud: What’s the Difference?
As a modern hotelier you know the importance of finding the best software to grow your business. You may have already made the wise decision to move your accounting and back-office solutions to the cloud. You know that cloud services provide increased functionality...
Time to Stop Hugging the Bear?
2023 Economic Outlook for the US Hotel Industry. By R. Mark Woodworth
Thinking back over this past year, many important economic indicators (the rate of inflation, elevated energy costs, Federal Reserve rate increases, labor scarcity leading to higher wages, etc.) were suggesting that a recession in the near-to-mid-term bordered on being inevitable. Certainly, a bearish outlook.
Newest Developments in Hotel Business Intelligence and Financial Management
2022 was a year of growth and expansion for HIA, as HIA continues to be recognized by leading hotel management companies as the most advanced and complete hotel ERP & accounting software on the market. HIA also delivered numerous new developments and enhancements to what is already the most modern hotel ERP technology available.
The Real Cost of a Downed Accounting System
There are many tools that we count on every day, and we assume that they should always be working. But what happens when that is not the case? Take accounting software, which forms the backbone of any business. It is used every day, all day, to pay bills, record revenue, and generate financial reports. It is vital to the success of a hotel business, and if the accounting software is not performing reliably, it affects not just your employees’ frustration level, but it has a real cost to your business.
HRP Technology Disrupts the Hotel Industry – What You Need to Know
As the hotel management landscape becomes increasingly competitive and economic uncertainty reigns, more management companies are looking to technology to harness their data and inform decisions from cash flow to staffing. Additionally, the hospitality back-of-house is getting increasingly complicated. Hotel companies have more software providers than ever before, each doing small pieces in the management puzzle.
Hoteliers are looking to technology to turn the tables and give themselves a competitive advantage.