profitsword
Using the Labor Data from Hotel Effectiveness to Minimize Costs and Turnover
Adam and Larry Mogelonsky | January 11, 2023
By Adam and Larry Mogelonsky While the pent-up demand from 2022’s travel recovery has now normalized, hotels are still mired by inflationary wages and high turnover. This presents a sweeping, existential issue for the industry on multiple fronts, with labor issues at the forefront of discussion heading into this year’s ALIS (American Lodging Investment Summit), happening January 23-25 in Los Angeles. For owners and investors, increasing labor costs mean less going to the bottom line which can disincentivize capex and product innovation. For operations, staying within budget can mean cutting corners elsewhere, ultimately impacting se...
Sonesta International Hotels Partners With Actabl for All-in-One Hotel Operations Management and Enhanced Guest Services Platform
Actabl | July 26, 2022
Sonesta adopts full Actabl ALICE and Transcendent operations, enterprise management, work order management, and CapEx solutions to bolster rapid organizational growth Tampa, FL— July 26, 2022 — Actabl, provider of a comprehensive suite of leading technology solutions designed to address the full spectrum of hotel business needs, today announced the adoption of its ALICE and Transcendent solutions by Sonesta International Hotels Corporation (Sonesta). One of the fastest-growing hospitality organizations in the U.S., Sonesta is partnering with Actabl to ensure enhanced operational efficiency, heightened guest service quality and substant...
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...
ProfitSword to Release Major Enhancements to Award-Winning Business Intelligence Technology Platform at HITEC Orlando 2022
ProfitSword | June 9, 2022
Hospitality’s leading business intelligence innovator to unveil enhanced user experience and security updates, along with document management and workflows for night auditors. Alpharetta, Ga. – (June 9, 2022) – ProfitSword, a premier developer of advanced business intelligence and data integration software for the hospitality industry featuring 235+ integrations, is set to demonstrate major upgrades to its award-winning platform at HITEC 2022 in Orlando. The latest release includes a newly enhanced user interface featuring more versatile dashboards and functionality, as well as security enhancements that enable multi-factor authentic...
Castlerock Asset Management Achieves Enhanced Performance Forecasting Capabilities With ProfitSword Business Intelligence Technology
ProfitSword | April 21, 2022
Hospitality real estate development and asset management enterprise leverages ProfitSword partnership for seamless access to real-time business analytics, ensuring both swift and informed decision-making abilities that lead to sustainable company growth. Nashville, Tenn. – (April 21, 2022) – ProfitSword, a premier hospitality business intelligence and data integration platform, has today announced the adoption of its industry-leading budgeting and performance forecasting technology by Castlerock Asset Management. Specializing in the development and management of distinctive hospitality-based properties, Castlerock Asset Management with...
OTH Hotels Resorts Partners With ProfitSword for Robust Business Intelligence and Performance Forecasting Capabilities
ProfitSword, LLC | March 8, 2022
Rapidly growing hotel management company leverages ProfitSword suite for its ability to serve as a comprehensive source of real-time business performance health to maximize decision-making and operational efficiency. Williamsburg, VA – March 8, 2022 – ProfitSword, a premier hospitality business intelligence and data integration platform, is pleased to announce a new partnership with OTH Hotels Resorts. A hotel management company experiencing rapid growth with a portfolio consisting of high-end properties throughout the US East Coast, OTH Hotels Resorts is set to leverage ProfitSword’s technology at each of its locations to improve v...
ProfitSword Again Wins Industry-Wide Acclaim With Multiple Recognitions During the 2022 HotelTechAwards
ProfitSword, LLC | January 11, 2022
Technology provider credited with maximizing efficiency and hotel revenues earns high rankings in Business Intelligence, Best Places to Work and People’s Choice categories. Alpharetta, GA – January 11, 2022 – ProfitSword, a premier developer of business intelligence and data integration software for the hospitality industry, is today honored to announce details on its impressive performance at this year’s HotelTechAwards. Recognized as an industry-leading organization in the categories for Best Business Intelligence Software, Best Places to Work as well as coming in among the top 10 for the People’s Choice Award, ProfitSword�...
ProfitSword Announces New Solutions Bundle for the Hospitality Industry
ProfitSword, LLC | December 8, 2021
New and Existing Clients can now Access All Available ProfitSword Modules Alpharetta, GA – December 8, 2021 – ProfitSword, a premier developer of business intelligence and data integration software for the hospitality industry, announced the launch of its new software solution bundles. Hospitality companies around the world have realized the value and benefits of combining ProfitSword's highly effective business intelligence solutions to solve the unique challenges and common pain points of their industry. By bundling its software modules, ProfitSword has created more value for its clients, simplified the technology options available ...
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