Four Technology Deals to Know

NATIONAL REPORT—National Hospitality Services (NHS), Barceló Hotel Group, Sabre Hospitality Solutions, Duetto and Fourth have made deals. Here’s what’s happening in hospitality technology:

NHS Selects Broadvine to Optimize Portfolio Performance
Broadvine has been implementing its cloud-based application to optimize portfolio profitability for National Hospitality Services, a hospitality management company based in Fargo, ND with a portfolio of 32 hotels in 14 states.

Broadvine’s application provides budgets and forecasts, real-time reporting data and labor insights. By consolidating data from their PMS, labor and accounting systems, NHS will now have central access to portfolio performance data, to analyze and enable faster decisions to optimize profitability.

Barceló Hotel Group, Sabre Hospitality Solutions Join Forces for New Distribution Strategy
Barceló Hotel Group has selected Sabre Hospitality Solutions as distribution provider and business partner for its hotels globally. Under the agreement, Barceló Hotel Group, part of the larger Barceló Group, will use Sabre SynXis Platform, including SynXis Central Reservations (CR), for their new distribution strategy. The group will benefit from the Sabre SynXis Platform’s advanced technology to update its operations and grow its footprint globally, while securing an effective, future-ready channel strategy that will help maximize revenue of both direct and indirect channels.

Sabre and Barceló Hotel Group will also work together to streamline the traditionally manual tour operations reservation process by introducing an industry-first automation process within SynXis Tour Manager. Unveiled in mid-2018, the solution connects hundreds of tour operators for distribution through the SynXis Platform, allowing hoteliers to manage their allotments, inventory and rates in real time for the leisure and tour operator segment.

Additionally, Sabre’s full range of digital and analytical services are among the solutions Barceló Hotel Group can use to identify opportunities for revenue and guest experience improvements, thanks to actionable insights.

Duetto Reaches 150,000 Rooms Milestone in Europe
Duetto, hospitality’s only Revenue Strategy Platform, continues to grow its presence in Europe, Middle East and Africa (EMEA), welcoming 10 new hotel companies in 2018. The San Francisco-based hospitality tech firm now services more than 50 hotel companies across EMEA, representing more than 870 properties and nearly 150,000 hotel rooms.

Fourth Launches End-to-End Restaurant and Hospitality HR, Benefits and Payroll Services in the U.S.
Fourth has launched its full-service HR, benefits and payroll services in the U.S. market. In addition to its complete hospitality operations platform with sales forecasting, scheduling, purchase-to-pay & inventory capabilities, Fourth now offers full-service payroll, benefits and HRO services, following its recent acquisition of Choice HR. By combining the power of its advanced hospitality management technology with deep HR expertise, Fourth enables operators to simplify their processes, optimize profits and improve employee engagement all while managing complex HR and payroll compliance.