ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, has launched Actabl, the industry’s first and only integrated hotel operations, business intelligence and labor management solution. In addition, the company recently acquired Hotel Effectiveness, an industry leader for hotel labor optimization software, to join the new platform. Actabl is bringing together the full scope of advanced capabilities by ALICE, Transcendent, ProfitSword and Hotel Effectiveness to deliver a unified, modular SaaS-based platform that integrates the vast resources of each brand. The Actabl team includes more than 250 global employees, more than 1,000 years of combined hospitality experience,and more than 10,000 properties served.
Actabl’s integrations, operations and labor management tools, and business intelligence solutions combine to create a cohesive platform that better serves hotel management teams, according to the company. Hoteliers will benefit from a feedback loop that creates a living playbook for addressing a wide range of hotel business and operational needs. Actabl’s comprehensive suite of technology solutions includes:
- ProfitSword by Actabl: For hoteliers seeking detailed insight into business performance, the ProfitSword by Actabl business intelligence solution provides both an accurate and real-time representation of organizational health, allowing hoteliers to make informed yet swift decisions. Powered by advanced AI, ProfitSword is the advanced BI tool today’s hoteliers need to uncover opportunities or risks to organizational growth.
- Hotel Effectiveness by Actabl: Using this comprehensive yet easy-to-use solution, hospitality professionals improve operating profit margins, eliminate labor waste and maximize team productivity. Hotel Effectiveness by Actabl is a labor-management platform that offers immediate ways to address staffing volatility and fluctuating guest demand so that hotel management companies can maximize profits.
- ALICE by Actabl: As a leading hospitality operations management suite, ALICE by Actabl provides hotel staff with the most advanced and broad set of tools across front-of-house, housekeeping and service delivery for maintaining maximum task efficiency and swift guest request response times.
- Transcendent by Actabl: Representing a leading enterprise management software, Transcendent by Actabl ensures that today’s hotel teams can do more with less while minimizing labor costs and increasing the longevity of property assets.
Hotel Effectiveness, backed by Growth Street Partners, was acquired by ASG in May 2022, marking the fourth acquisition for the Actabl brand and the 46th overall. “The focus for leaders of hotel management companies in the years ahead will be finding ways to maximize profitability, optimize labor and grow their businesses,” said Mike Martin, cofounder/CEO, Hotel Effectiveness. “Hotel Effectiveness coming together with Actabl opens tremendous opportunities for our teams to grow personally, and for us to do more for our customers. I’m excited to see the insights and powerful operations tools that Actabl provides the industry going forward.” Vista Point Advisors served as the exclusive financial advisor to Hotel Effectiveness.
Actabl’s suite of advanced solutions provides unmatched insights into hotel operations, combined with powerful, intuitive tools to act on those insights, break down interdepartmental barriers and improve both operational efficiency and the bottom line, according to the company. This powerful toolset can be leveraged to enhance efficiencies and profitability at the individual, team, property and portfolio levels.
“In running a successful hotel business, there are infinite actions that need to be taken at any given moment, at individual properties or across the enterprise, to maximize efficiency and profitability,” said Steven Moore, CEO, Actabl. “The introduction of Actabl represents a new era of integrated smart data, providing deep insights into which actions are likely to provide the most value and the biggest impact across your organization to ensure success. From the smallest change in your SOPs to big decisions on how to scale operations or where to invest next, Actabl provides all the insights you need to understand and the ability to implement at scale. And we help you do it all in one place.”
Click here to view a video introduction with more information and insight from Moore and members of the Actabl team.