Global News

Virgin Hotels & Resorts applauds trio of financial management solutions supporting its growth

Formed to shake up the hotel industry, Virgin Hotels, a luxury lifestyle brand, is on a fast-track for growth. Its properties in Chicago, Dallas, Las Vegas, Nashville, New Orleans, and New York each opened with a trio of Aptech financial management solutions, and hotels in Miami, Philadelphia and Denver will follow suit in the next few years. Virgin Hotels Chief Financial Officer Harris White said Aptech’s PVNG enterprise accounting, Execuvue business intelligence, Targetvue budgeting and forecasting, and automated invoice processing has been the financial systems support the company needed to weather the pandemic and prepare for future growth. 

Virgin Hotels & Resorts
Global News

Marriott International announces robust growth across the Caribbean and Latin America in 2023

Following its recent announcement of strong global net rooms growth and a record year of global rooms signings, Marriott International today announced a year of robust room signings and additions across the Caribbean and Latin America (CALA) in 2023. The company nearly doubled its number of organic deal signings in the region versus prior year, signing 57 transactions and nearly 7,300 rooms in 2023 to reach a solid pipeline of 24,000 rooms across the region at the end of last year.

Marriott International
Suppliers

HotelREZ outpaces market at 52% growth

HotelREZ Hotels & Resorts, one of the world’s leading hotel representation companies, has outpaced the market with 52% revenue growth with reservations up by over 42% in the past 12-months.

HotelREZ outpaces market
Global News

Extended Stay America celebrates 20% growth in franchise portfolio

Extended Stay America, the leading mid-price extended stay brand, announced today its growth outlook through franchising, following the momentum from a strong year of milestones, including 20% growth of its franchise portfolio across its family of brands: Extended Stay America Premier Suites, Extended Stay America Suites and Extended Stay America Select Suites.

Extended Stay America
Global News

IHG’s expansive culinary brand portfolio achieves high-quality growth

IHG continue to retain their prestigious awards, a recognition of the outstanding performance of the Group’s food and beverage brands and the teams behind them, as well as a testament of IHG’s unchanging dedication to exceptional service. With the upcoming Chinese New Year marking a peak in food and beverage activities, IHG is strategically positioned to showcase its expertise by seamlessly integrating F&B segments within hotels.

IHG
Suppliers

IDeaS names Michael McCartan to lead growth across Europe, Middle East, and Africa

IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, announced today that Michael McCartan has joined the company as area vice president for Europe, the Middle East, and Africa (EMEA) effective March 2, 2023. McCartan will drive the company’s growth and expansion in one of the hotel industry’s most strategic regions.

Global News

Mills James growth shows ‘Meetings Business is Back!’

Award-winning, concierge-level, audiovisual services provider Mills James is on a fast-track for growth. In 2022, the company’s AV for hospitality business exceeded pre-pandemic levels across all client venues, including hotels and convention centers servicing seven states and Mexico .

Global News

Radisson Hotel Group enters 2023 with strong foundation for growth

Radisson Hotel Group has paved the way for a strong 2023 by strengthening its foothold in Asia Pacific, doubling the number of signings in 2022, celebrating new openings, and announcing market entrances. Last year, growth in priority markets was spearheaded by highly localized strategies which included the establishment of dedicated Business Units with on-the-ground teams to enhance support for the Group’s owners and partners in their time zones and local languages. 

Radisson
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