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The Access Group Expands in North America with Acquisition of Hotel Tech Specialist SHR Group

Hotel Speak

LONDON, June 6 2024 – The Access Group , a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels. The company already has a strong presence in Europe and APAC.

Revenue 98
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The Access Group acquires SHR

Hotel Business

The Access Group , a business management software provider, has added global hotel and casino technology specialist SHR to its AI-powered, end-to-end platform for hotels. market and service larger hotel groups, which often have more complex distribution needs than smaller boutique and independent operators. and European hotels.

Casinos 59
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Sojern acquires VenueLytics

Hotel Business

Travel marketing platform Sojern has acquired VenueLytics , an integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics’ capabilities as an extension of the Sojern Travel Marketing Platform.

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EBITDAR explained: Driving financial health for hotels

Cloudbeds

EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring/Rent) is a profit metric that excludes costs not directly related to operational performance. This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses.

Revenue 40
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There’s Big Money for Hotels on Diwali [No Kidding]

eZee Absolute

They not just boost your occupancy during the festival but also enable you to earn extra by upselling. With the right set of hotel technology (especially integrated technology), you not only streamline and automate your hotel’s daily operations but also become capable of delivering a supremely great guest experience.

Hotels 52
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CRM software is changing the game for hospitality businesses

Hotelier Magazine

We used to take out ads in the newspaper and Yellow Pages,” says Edward Keenan, vice-president, Resort Operations for Clique Hotels & Resorts, of early efforts to attract guests. He says the systems also provide an opportunity for upgrades, cross-sells or upsells, which might include a better room or a deal on a spa package.