Hotel Online
News for the Hospitality Executive



Island Hospitality Partners with M3 Accounting to Overhaul Accounting,
Analytics, and Reporting Processes


The leader in hotel accounting software, M3 continues adding to its wide and diverse client base
.
 
PALM BEACH, Fla. & GAINESVILLE, Ga. (November 7, 2012) -- M3 Accounting Services, the national leader in hotel accounting software, is pleased to announce a new partnership with national hotel management company Island Hospitality Management that will put M3’s business intelligence and analytics software in over 80 additional hotels across the United States.
 
Overall, M3’s client portfolio includes more than 3,000 hotels, making it the top company in the country for hotel-specific accounting, operational reporting, and analytics software. Owners, operators, and third-party managers use M3’s web-based products to streamline processes, reduce expenses, and improve data-based decision-making.
 
Island president Tim Walker is already seeing obvious improvements since M3 launched last month, “M3’s customizable, automatic, and transferable reporting is already making a difference in how we look at financial and managerial decisions – from the data to the interface, you can really tell that a lot of experienced thought has gone into creating these tools.” Among the features, M3 clients can seamlessly and immediately view guest satisfaction data alongside financial reports and comp set data for each property.
 
“And as we look to double the size of our company in the next three to four years, M3 will certainly play an integral role to help ensure we’re making the best use of our time and money.”
 
Scott Watson, vice president of sales for M3 Accounting Services, said, “Island Hospitality is definitely one of the major players in the industry and respected by their peers. We’re pleased to be working with them and to assist them in their current and future growth.”  
 
About Island Hospitality Management
Headquartered in Palm Beach, Florida, Island Hospitality Management, LLC, is an independent, third party management company. Island operates more than 80 hotels under six different brands – primarily premium select-service hotels, upscale, extended-stay properties, and upscale hotels – in 22 states and the District of Columbia. More at www.IslandHospitality.com.
 
About M3 Accounting Services
M3 is the national leader in hotel-specific accounting software, processing more than $8 billion in financial transactions for more than 3,000 properties. M3’s integrated suite of hospitality accounting products includes: AccKnowledge, M3 Link, payroll and labor management services, and document imaging – all designed to help provide hotel operators, owners and managers unsurpassed access to the information they need. The company was founded in Gainesville, Georgia in 1998. More at www.M3AS.com.

 
Contact:

Jesse Landis
813.846.3167 (cell)
[email protected]

 

Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here

To Learn More About Your News Being Published on Hotel-Online Inquire Here
 
Also See: Customer is Key to Continuous Improvement in Hotel Accounting, Business Intelligence and Productivity Tools; M3 Hotel Accounting hosts 2012 Partners' Meeting to provide feedback and share best practices / June 2012

Industry Rebound Reflected Through Increased Interest in M3's Hotel Accounting, Business Intelligence and Productivity Tools; M3 Hotel Accounting provides users with a performance edge in hotel accounting and analytics / June 2012

M3 Partners with Apple REIT for Hotel Performance Reporting Tool; One of the country’s largest hotel REITs chooses M3 Link for data mining / November 2009

M3 Hotel Accounting to Add 1000th Hotel in 2006 / March 2006

M3 Hotel Accounting Reaches Milestone - 100 Hotel Management Companies / April 2005

M3 Hotel Accounting Completes Cash Management Enhancement / February 2005

GEO Hospitality Management Selects M3 Hotel Accounting and Payroll to Provide Accounting and Management Software / September 2004

M3 Hotel Accounting & Payroll Tops 500 / May 2004

M3 Hotel Accounting & Payroll Celebrates 5 Year Anniversary / April 2004

Centurion Management selects M3 Hotel Accounting and Payroll / November 2003

M3 Accounting & Payroll Assists with Birth of Twins / August 2003

American Hospitality Management Company Selects M3 Hotel Accounting / April 2003

M3 Accounting & Payroll Gains 16 New Clients in 2003 / April 2003

M3 Accounting Grows to 50 Clients within 40 Months / Aug 2002

Hotel Executives Now Mining Data from their Hotels’ Prior Daily Report Information Using M3’s InnQuire Software / Oct 2000

M3 Hotel Accounting Provides Internet based Accounting System; Connecting Accounting Functions from Multiple Locations to the Corporate Office / April 2000


To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome | Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.