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Actabl Debuts as Industry’s First Integrated Hotel Operations, Business Intelligence and Labor Management Platform
Actabl | June 28, 2022
Hospitality’s most powerful technology solutions join forces to offer hoteliers a single source for operational efficiency, labor management, profitability maximization and enhanced guest satisfaction Tampa, FL — June 28, 2022 — ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, today announces the launch of Actabl, the industry’s first and only integrated hotel operations, business intelligence and labor management solution. In addition, they are announcing the recent acquisition of Hotel Effectiveness, the software industry leader for hotel labor optimization, to the new platform. Actabl is...
Alpine Investors’ ASG Acquires Visual Matrix, Adding a Third Market Leading Hospitality Software to Its Portfolio
Visual Matrix | January 26, 2021
RICHARDSON, Texas. & WALNUT CREEK, Calif. - January 26, 2021 - ASG, a portfolio company of Alpine Investors that buys, builds and operates vertical SaaS companies, today announced that it has acquired Visual Matrix, an industry leading hotel property management software providing an all in one PMS with revenue management, channel management, and operational tools to maximize hotel profitability and efficiency. This deal marks the 31st acquisition for ASG and the 3rd in the ASG Hospitality Technology vertical. Visual Matrix joins Transcendent, acquired in 2019, and ProfitSword, acquired in 2020. David Awad, Founder of Visual Matrix, wil...
Alpine Investors’ ASG Acquires ProfitSword, Market Leading Hospitality Software
ProfitSword | November 17, 2020
ORLANDO, Fl. & WALNUT CREEK, Calif. - November 17, 2020 - ASG, a portfolio company of Alpine Investors that buys, builds and operates vertical SaaS companies, today announced that it has acquired ProfitSword, a hotel property operations software that provides business intelligence and data management software for the hospitality industry. This deal marks the 30th acquisition for ASG and the 2nd in the ASG Hospitality Technology vertical. “We are incredibly excited and honored that ProfitSword chose ASG for their next chapter of growth,” said Steve Reardon, President of ASG. “Tili, Mike and the entire ProfitSword team deeply un...
Hard Rock International Partners With ASG for €200 Million New Hotel in Barcelona
Hard Rock International | May 15, 2019
May 15, 2019 – Hard Rock International continues growing its European hotel portfolio, announcing the development of Hard Rock Hotel Barcelona. The brand is set to bring its signature musical flair to the shores of Barcelona in a €200 million new hotel to be developed on the last available seaside plot in metropolitan Barcelona. Construction of the 504-room hotel will begin in late 2019, set to open on the shores of Barcelona in early 2022. "This is set to be another ambitious project for Hard Rock International, alongside ASG," comments Todd Hricko, senior vice president and head of global hotel development at Hard Rock Inte...
Hard Rock International Partners With ASG for 2019 Opening of 159-Room Hard Rock Hotel Madrid
Hard Rock International | October 10, 2018
With a presence spanning more than 74 countries, Hard Rock International announces the expansion of its hotel portfolio, with the opening of Hard Rock Hotel Madrid in 2019. Working in collaboration with European real estate specialists, ActivumSG Capital Management Ltd. (ASG) Hard Rock will bring its signature vibe to this historic metropolitan city with the development of the new 159-room music-centric hotel. "We are pleased to join forces with ASG, a company who shares in our vision, integrity and dedication to quality," states Todd Hricko, Senior Vice President and Head of Global Hotel Development. "Hard Rock Hotel Madrid will bring ...
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