This week’s Partner News is highlighted by PMZ Realty Capital closing more than $125 million in transactions this summer, Sandals Resorts International’s executive chairman winning a Young Leaders award and React Mobile integrating with Amadeus’ housekeeping program. Read about all that and more below.
PMZ closes more than $125M of summer transactions
PMZ Realty Capital LLC has closed more than $125 million of transactions this summer. Recent deals include an equity capitalization for a hotel in the Southeast that’s a member of the Curio Collection by Hilton; equity & debt capital for a Holiday Inn & Suites in South Carolina; a fixed-rate loan for a Home2 Suites in Georgia; and a LifeCo bridge loan for a Westin in Maryland.
The company has multiple capital sources offering fixed rate non-recourse hotel loans at interest rates starting at 3.5%. Floating rate bridge loans and equity capital are also available at competitive terms.
Sandals’ Adam Stewart honored with Young Leaders award
Adam Stewart, executive chairman, Sandals Resorts International (SRI) accepted the 2021
“Pacesetter” Award at the annual Young Leaders in Travel Council in Jamaica. Travel A.L.L.I.E.S Society, host of the event, presents the award each year to young trailblazers who prioritize integrity and dedication to the people they lead and serve, while guiding others to do the same.
Before rising to current leadership, Stewart served as the deputy chairman for more than a decade, contributing to the advancement of the Sandals Resorts International brand. He oversaw a period of great expansion; including the now three Beaches resorts in Jamaica and Turks and Caicos, a fourth coming soon to St. Vincent and the Grenadines, as well as 15 Sandals Resorts in Antigua, Saint Lucia, The Bahamas, Barbados and Grenada, with a 16 just announced to open in Curacao in April 2022.
React Mobile integrates with Amadeus’ HotSOS Housekeeping
React Mobile and Amadeus are making it easier for hoteliers to adopt and implement municipal- and state-mandated employee safety devices (ESDs). Integration between the Amadeus HotSOS Housekeeping platform and the React Mobile panic button solution is aiding hoteliers in creating safer work environments by leveraging innovative technology.
Here’s how it works: When a housekeeper begins a shift, he or she is assigned a smart device (Android or iOS phone or tablet) by management to facilitate daily tasks, along with a small wearable React Mobile panic button that is paired to the smart device. Next, the employee receives a room assignment and enters the cleaning status into the HotSOS Housekeeping App. Once cleaned, the room status is updated in the app. The process is repeated until the attendant’s daily task list is complete.
If the paired React Mobile panic button is pressed, it sends an alert from the person’s assigned smart device to the React Mobile Dispatch Center pinpointing his or her exact location with the data location information from the HotSOS Housekeeping app, and the appropriate emergency contact is then dispatched to provide help.
OpenKey partners with Adrift Hospitality
OpenKey has partnered with Adrift Hospitality, a collection of boutique coastal properties in the Pacific Northwest. With OpenKey’s commitment to transforming contactless hospitality experiences through digital key technology, and Adrift’s initiatives to provide guests with contactless services across their portfolio, this partnership will drive innovation in the hospitality industry.
OpenKey’s Digital Key technology provides hotels with a unique opportunity to improve customer service through contact-free check-ins. By eliminating the need for physical room keys, Digital Key accelerates the check-in process and delivers a more seamless guest experience. In addition to digital keys, OpenKey offers seamless integration with StayNTouch, giving guests the option to bypass the front desk to ensure a complete contactless journey.
Quore promotes three executives
Quore has promoted three senior executives within the organization, Scott Barber, Richard Bradbury and Flip Lukens. This is part of Quore’s growth strategy to cultivate internal talent and strengthen the long-term flexibility of their product, according to the company.
Barber, former director of technology, was promoted to chief technology officer, a new role to Quore. In his new role, Barber will continue to manage Quore’s technology stack and development teams, and will also assume the lead in all development and technology functions.
Richard Bradbury joined Quore in 2019 as VP, strategy and alliances and will now transition to become VP, product. He will work closely with Barber to create and execute upon the product roadmap.
Formerly senior director, customer experience, Flip Lukens was promoted to VP, operations in support of COO David Fox. In addition to managing Quore’s customer success team, his new role will include administrative, operational and procedural projects including shared services, policies and procedures and general office administration.