This week’s Partner News is highlighted by ProfitSword’s new headquarters, Mumford Company completing the sale of a Quality Inn in Canton, OH and Duetto establishing a two-way integration with Agilysys Stay PMS. Read about all that and more below.
ProfitSword establishes new headquarters
ProfitSword, a developer of business intelligence and data integration software, has relocated its corporate headquarters to a new facility in Alpharetta, GA. The new headquarters follows ProfitSword’s impressive market growth over the last year as more hoteliers leverage the value of enhanced business intelligence functionality in shielding their operations and revenue from unpredictable market fluctuations. It also is set to play a central role in the company’s ongoing aggressive expansion efforts and commitment to innovating new business intelligence solutions that can address the latest hotelier needs and market conditions.
With its focus on prioritizing innovation, ProfitSword continues to keep pace with hospitality’s latest business intelligence trends and priorities by investing in its personnel and promoting creativity to solve emerging industry challenges and identify new opportunities for customer business growth. In addition to relocating to a new headquarters, this includes doubling the investment and size of the company’s R&D department as well as providing effective and experienced leadership that recognizes and understands the business intelligence needs of today’s hospitality professionals.
Mumford Company completes sale of Quality Inn in Canton, OH
Mumford Company, a full-service hotel advisory firm since 1978, has closed on the short sale of the Canton, OH, Quality Inn. Mumford’s George Arvanitis (Chicago), Ed James (Newport News, VA) and Steve Kirby (Atlanta) represented the seller, a single-asset owner, in the transaction.
The deal closed just five months from listing date. The purchasing group, a partnership of Ohio and Southeast-based partners, plan to complete substantial renovations and continue to operate under the Quality Inn brand.
This was Mumford’s third transaction with this buyer group; on the previous two occasions, they were the sellers.
Duetto, Agilysys introduce two-way solution integration
Duetto and Agilysys Inc. have expanded their relationship with the general availability of a seamless two-way integration between Agilysys Stay PMS and Duetto.
Key benefits of the Agilysys Stay–Duetto integration include high-quality data exchange that provides Duetto with detailed Stay reservation, inventory and group block information that empowers their analytics tools to make intelligent personalized recommendations, and real-time revenue optimization that communicates information nearly instantly allowing rapid deployment, allowing hoteliers to immediately reap benefits of the combined solutions.
Duetto and Agilysys have been working together since 2016 when Duetto announced its integration with Agilysys LMS and Agilysys Visual One PMS solutions.
Nayara Resorts partners with IDeaS
IDeaS, a SAS company, has formed a partnership with Nayara Resorts, beginning with the implementation of IDeaS G3 Revenue Management System (RMS) at two of the hotel group’s boutique resorts: Nayara Gardens and Nayara Springs by Costa Rica’s Arenal Volcano National Park.
Nayara Resorts recognized the importance of implementing an RMS as post-travel-restriction demand began returning, selecting IDeaS as a scalable technology partner to unlock greater opportunities for profitability and efficiency.
Moving from manual revenue management to machine-learning automation, IDeaS provides immense time savings, allowing Nayara Resorts to be more strategically focused with a more sophisticated approach to revenue optimization. With plans to grow its portfolio across North and South America, Nayara Resorts selected IDeaS to help maintain a centralized approach to revenue management with an automated system users can trust.
React Mobile enlists Best Buy to aid in deployment of products
React Mobile has enlisted Best Buy Business to dispatch its Geek Squad agents for installation assistance of React Mobile’s Employee Safety Device (ESD) solution. With Best Buy locations within 20 miles of most hotels in the U.S., React Mobile can scale installations more quickly to ensure each property is up to date on safety compliance policies.
On average, React Mobile is equipping 50 properties each month with its employee safety device solutions. Today more than 100,000 hotel rooms nationwide are keeping hotel employees safe with React Mobile solutions, as the technology responds to the exact location of an emergency within seconds of an alert.