Hotel Online  Special Report

M3 Hotel Accounting Reaches Milestone -
100 Hotel Management Companies
Gainesville, GA, APRIL 15, 2005 – M3, Inc. announces that 100 hotel management companies representing over 700 hotels, are now using their M3 Hotel Accounting Software.

M3 was the first and is now the largest ASP, or Application Service Provider, in hospitality accounting. An ASP is a hosted application that relieves a hotel or management company from significant IT capital expense and allows them to focus their attention on servicing their guests instead of managing a computer infrastructure. 

This comprehensive service features accounting, operations, payroll, time and attendance, budget/forecasting, tracking and data mining software. The centralized secure data center is professionally managed by M3, alleviating on-site IT support, for a cost savings of extra employees and computers at each hotel for accounting. M3 software is updated twice yearly at no cost to subscribers. 

“We find that our customers have been able to grow their business without adding additional staff,” said Allen Read, partner in M3 Hotel Accounting Software, based in Gainesville, GA.

Launched in 1998, M3 became the first to offer hosted accounting applications, specifically for the hotel industry. In six short years, M3 has grown from one client to over 100 hotel management companies. M3 has never lost a hotel client, or had any price increases.

For more information, contact Rick Frommer at 770.329.9704 or


Karen McKinney
Corporate Communications

Also See: 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

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