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Hospitality Financial Leadership – Why Technology Has the Hotel Business Bootstrapped

Hotel Financial Coach Blog

In the hotel world it is the operational technology stack that has us all bootstrapped. That is, not one of these stakeholders wants to or can easily invest and develop the kind of broad hotel “operating technology solutions” that we all know we need. Last player is the Owner Ownership in hotels is very broad-based.

Business 162
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JLL arranges $395M in financing for NYC mixed-use property

Hotel Business

a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in a landmarked building in the Financial District of New York City. The 165-key Mint House hotel occupies floors two through six of the property and offers studio-, one- and two-bedroom apartments.

Retail 59
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Wirefox acquires Ardgowan Hotel

Boutique Hotel News

UK: Private investment company Wirefox has bought the Ardwogan Hotel located in St Andrews through its Marram Hotels business. The acquisition marks the second property in the Marram Hotels portfolio, joining The Bushmills Inn in Ireland. The latest asset was purchased from the McLachlan family for an undisclosed sum.

Hotels 52
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Late bookings: Guide to last minute bookings for hotels

SiteMinder

While they can be a wild card in the hotel management game, they offer a unique opportunity to maximise occupancy and revenue. However, they do require a level of agility and real-time responsiveness from the hotel’s end to ensure a seamless guest experience. However, it isn’t just a matter of “more = better”.