Chartres Lodging Group, Kokua Hospitality installs Aptech BI

Kokua Hyatt Centric is one of the hotels that will install Aptech's financial solutions. Photo credit: Aptech

Chartres Lodging Group, LLC and Kokua Hospitality, LLC have selected Aptech Computer Systems’ suite of financial solutions: Execuvue hospitality business intelligence, Targetvue and PVNG to streamline the companies’ data collection, analysis, forecasting, and reporting processes. Chartres Lodging Group, an investment and advisory company, works in tandem with Kokua Hospitality, an independent hotel management company with a portfolio of independent and branded hotels throughout the mainland U.S. and Hawaii.
 
“We wanted a proven hospitality budgeting and forecasting system that would provide our varied properties with accurate forecast reporting,” said Andrea Mue, EVP and CFO for Chartres Lodging Group and Kokua Hospitality, in a statement. “I have designed budget systems and understand what is important. We evaluated several systems and Aptech’s Targetvue system’s management of our specialized budgeting and forecasting needs out-performed the others.”

Chartres/Kokua also selected Aptech’s cloud-based Execuvue Hospitality Business Intelligence, and PVNG Enterprise Accounting Systems. The systems are expected to be live in the Q2 of 2018.
 
“Aptech’s PVNG Enterprise Accounting and Execuvue Hospitality Business Intelligence are integrated to seamlessly exchange data,” Mue said. “This integration saves manual processing time and ensures accuracy. We know the importance and value of investing in business intelligence and look forward to having our monthly reporting packages deliver more performance information in flexible formats.”

Kokua’s property teams will benefit from greater corporate visibility into operations, while the corporate team and owners will benefit from the teams’ ability to optimize profitability and manage by the numbers.

FREE HOTEL MANAGEMENT NEWSLETTER

Like this story? Subscribe to Technology!

Hospitality professionals turn to Technology as their go-to news source for the latest technology products and trends. Sign up today to get news and updates on security systems, in-room entertainment, and more delivered to your inbox and read on the go.

Suggested Articles

The latest report from STR shows negative year-over-year results in the three key performance metrics during the week of July 7-13.

Ritesh Agarwal, the company's 25-year-old founder and CEO, has signed a $2 billion primary and secondary management investment round.

By year's end, the Turkish hotel company will have five properties along the Red Sea and Mediterranean.