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What is Corporate Performance Management in Hospitality?
Opinion

What is Corporate Performance Management in Hospitality?

Corporate Performance Management (CPM) refers to the processes and systems used by organizations to monitor, manage, and improve their business performance. CPM encompasses a wide range of activities, including planning, budgeting, forecasting, fina...

Vic Chynoweth
Otelier (formerly myDigitalOffice)
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Property Technology
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Management Companies
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Finance & Accounting
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Asset Management
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Vic Chynoweth
by Vic Chynoweth
27 August 2024Otelier (formerly myDigitalOffice)Finance & Accounting
What is Corporate Performance Management in Hospitality?
Why Smart Hospitality Companies are Accelerating CapEx Digital Transformation
Opinion

Why Smart Hospitality Companies are Accelerating CapEx Digital Transformation

Historically, hospitality professionals have viewed procurement as a cost centre. But now, after years of social, economic, and political upheaval, procurement is evolving into a strategic function that helps hospitality organisations realise their ...

Johannes Vocke
Johannes Vocke
Chief Financial Officer at FutureLog
FutureLog AG
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Finance
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Information Technology
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Finance & Accounting
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Procurement
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Johannes Vocke
by Johannes Vocke
27 August 2024FutureLog AGFinance & Accounting
Why Smart Hospitality Companies are Accelerating CapEx Digital Transformation
Supplier News

Pay at Reception, Pay at Counter and Pay at Table now available on Oracle Cloud Marketplace

DNA Payments, a leading provider of payment solutions for the hospitality and food & beverage (F&B) sectors and a member of Oracle PartnerNetwork (OPN), today announced its Pay at Reception, Pay at Counter and Pay at Table solutions are now availabl...

DNA Payments Group
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Property Technology
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Finance & Accounting
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Pay at Reception, Pay at Counter and Pay at Table now available on Oracle Cloud Marketplace22 August 2024DNA Payments GroupFinance & Accounting
Pay at Reception, Pay at Counter and Pay at Table now available on Oracle Cloud Marketplace
Press Release

Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan

CapitaLand Ascott Trust (CLAS) is the first lodging trust to secure an OCBC 1.5°C loan. With this S$165 million sustainability-linked multi-currency revolving credit facility, CLAS will receive interest rate reductions upon meeting the agreed annual...

The Ascott Limited
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Environment & Sustainability
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Finance & Accounting
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Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan 6 August 2024The Ascott LimitedFinance & Accounting
Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan
From Revenue Management to Profit Management: A Culture Shift in Hotel Commercial Strategy
Opinion

From Revenue Management to Profit Management: A Culture Shift in Hotel Commercial Strategy

We all know the backstory: After COVID forced many hotels to close their doors for months on end, travel came roaring back, and for a few years the industry benefitted from “revenge travel” that paved the way for record-breaking rate growth.

Jason Q. Freed
Jason Q. Freed
Hospitality Data Evangelist
Otelier (formerly myDigitalOffice)
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Property Technology
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Revenue Management
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Finance & Accounting
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Big Data
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Jason Q. Freed
by Jason Q. Freed
31 July 2024Otelier (formerly myDigitalOffice)Finance & Accounting
From Revenue Management to Profit Management: A Culture Shift in Hotel Commercial Strategy