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Wednesday, October 16, 2024

10 Lodge Operators Utilizing Automation to Lower Prices and Elevate Visitor Experiences



As rising working prices stay a prime concern, resort firms face mounting stress to streamline operations and preserve excessive requirements of visitor service. Probably the most efficient methods to attain these objectives is by automating back-office capabilities.

By leveraging automation know-how, resort firms have centralized knowledge to automate again workplace duties that enhance operational effectivity, corresponding to:

  • Evening audit compliance
  • Revenue journaling
  • Monetary reconciliations
  • Vendor funds

Automating these operations minimizes the handbook hours required for repetitive duties. This not solely reduces labor prices but in addition permits resort groups to concentrate on what issues most: delivering an distinctive visitor expertise.

Listed here are 10 firms on the forefront of innovation in resort operations, utilizing automation software program from Otelier to unravel their operational challenges and enhance effectivity:

1. Crescent Accommodations & Resorts

Crescent Accommodations & Resorts has spent the final decade embracing digital adoption to centralize its back-office operations. Beforehand, processes like audit compliance, payroll, and finance have been handbook, requiring property-level employees to deal with administrative duties. With automation, Crescent has shifted these capabilities to company, releasing up basic managers to focus extra on visitor service. This centralization has additionally improved effectivity, permitting Crescent to streamline duties like money administration and monetary reporting, offering quicker entry to correct knowledge throughout the portfolio.

Learn the complete Success Story.

2. Fairbrook Accommodations

Fairbrook Accommodations struggled with managing labor prices and income streams in a quickly altering setting. With the assistance of automation, they have been in a position to achieve immediate entry to crucial knowledge, permitting them to make better-informed choices about price administration and income optimization. This real-time perception has enabled them to raised handle bills and adapt shortly to market shifts, serving to to unravel labor and monetary challenges extra successfully.

Watch the complete Success Story.

3. First Name Hospitality

First Name Hospitality wanted to offer well timed, correct knowledge to each inner stakeholders and resort homeowners. Their handbook evening audit course of took a number of hours every day, limiting the workforce’s capacity to concentrate on different essential duties. With automation, the method is now accomplished in minutes, and stories are prepared for evaluate by the beginning of the day. This has not solely saved hours of handbook work but in addition eradicated the prices of paper storage.

Learn the complete Success Story.

4. 5 Rivers Hospitality

Managing greater than 30 inns, 5 Rivers Hospitality confronted inefficiencies with paying distributors and dealing with handbook invoices. By automating accounts payable workflows, they lower the time spent approving and processing invoices in half. Automation has additionally centralized their back-office duties, releasing up basic managers to spend extra time on visitor engagement slightly than administrative duties, making certain constant efficiency throughout all properties.

Learn the complete Success Story.

5. Golder Hospitality

Golder Hospitality confronted rising pains as their handbook knowledge entry processes couldn’t sustain with their increasing portfolio. Automation enabled them to have real-time entry to knowledge with out including to their employees. Centralizing knowledge in a single system diminished the complexity of handbook knowledge entry and offered higher oversight. The workforce now receives standardized stories throughout all properties, enhancing decision-making and operational management.

Watch the complete Success Story.

6. Lodge Equities

As Lodge Equities expanded its portfolio to over 250 inns, managing budgeting and forecasting on such a big scale turned a big problem. To beat this, the corporate adopted automation know-how to streamline its monetary planning processes. Through the use of real-time knowledge, Lodge Equities improved the accuracy and effectivity of their budgeting, decreasing the time wanted for annual funds revisions. With the power to unify processes throughout all properties and combine knowledge from accounting methods, Lodge Equities has created a scalable strategy that helps correct forecasting and environment friendly budgeting.

Learn the complete Success Story.

7. Insignia Hospitality Group

With a concentrate on enhancing accuracy and agility, Insignia Hospitality Group centralized its knowledge and automatic its evening audit course of. This eradicated the necessity for handbook reporting, which was vulnerable to errors and inconsistencies. Automation has not solely improved the pace and accuracy of monetary reporting but in addition allowed the corporate to cut back its environmental footprint by chopping down on paper waste.

Learn the complete Success Story.

8. MCR Accommodations

MCR Accommodations, owner-operator of greater than 150 properties, struggled with handbook processes that distracted Basic Managers from their main duties. By implementing automation, they centralized knowledge from a number of methods, making certain consistency throughout their portfolio. Automating doc administration additionally elevated their report compliance charges from 85% to over 98% whereas decreasing the burden on property-level employees.

Learn the complete Success Story.

9. McNeill Lodge Firm

Luckily, McNeill Lodge Firm took a proactive strategy to centralization earlier than the COVID pandemic, shifting a lot of their accounts payable and receivable processes to their company workplace. Automation additional enabled this transition, permitting property-level employees to focus on visitor satisfaction slightly than administrative duties. By digitizing evening audits and centralizing reporting, McNeill considerably diminished labor prices whereas enhancing operational visibility and compliance.

Learn the complete Success Story.

10. Remington Accommodations

The COVID pandemic compelled Remington Accommodations to function with fewer sources, making effectivity a prime precedence. By automating their evening audit and end-of-month processes, they eradicated the necessity for paper and considerably sped up monetary reporting. This shift towards automation has additionally led to environmental advantages, decreasing the usage of paper and different supplies. And on-property leaders now have the flexibleness to concentrate on extra strategic duties slightly than being slowed down with administrative work.

Learn the complete Success Story.

Innovate Lodge Operations with Automation

The above resort firms show how leveraging Otelier’s again workplace automation software program – DigiAudit for evening audit compliance, DigiPay for automated Accounts Payable, and Rec for automated monetary reconciliations – can tackle key operational challenges, cut back inefficiencies, and decrease prices.

By shifting away from handbook processes and centralizing knowledge, resort operators can empower their groups to concentrate on offering superior visitor experiences and enhancing total enterprise efficiency.

About Otelier

Otelier serves greater than 10,000 inns throughout the globe by empowering firms with the info and efficiencies they should get again to delivering distinctive hospitality. We allow hoteliers to run world-class operations by automating back-office duties, enhancing funds and forecast accuracy, and gaining real-time insights into property and portfolio efficiency. Otelier launched in 2024 after the consolidation of a number of best-in-class enterprise intelligence and back-office automation options by personal fairness agency Cove Hill Companions. The corporate now employs greater than 300 workforce members with distant places of work in North America and Asia Pacific. Be taught extra in regards to the hospitality software program behind each nice host at otelier.io

Jason Freed
Hospitality Information Evangelist
+1 330 221 6068
Otelier (previously myDigitalOffice)

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