Gemstone Hotels and Resorts deploys ProfitSword for operational efficiencies

Gemstone Hotels and Resorts, LLC has chosen ProfitSword to improve operational efficiencies and for real-time management reporting. Gemstone operates 13 independent and boutique hotels in eight different states.

ProfitSage is a web-based financial business intelligence application providing users with data in real-time. With a high level of integration throughout an organization, countless operational efficiencies are created, including the elimination of manually keying data from one system into another.  

Daily, weekly, monthly reporting can be done quickly and creating accurate forecasts and budgets are made simple by having historical trend information. The BI application consists of modules that interface with the PMS, back office accounting, point of sale, sales-automation and payroll systems in order to warehouse critical operational data. The information is then used within the different modules to produce income journals, detailed forecasts, line-by-line budgets and hundreds of customized reports.

FREE DAILY NEWSLETTER

Like this story? Subscribe to Operations & Technology!

Hospitality professionals turn to Operations & Technology as their go-to source for breaking news on guestrooms, food & beverage, hospitality and technology trends, management and more. Sign up today to get news and updates delivered to your inbox daily and read on the go.

Suggested Articles

Through a partnership with Nimbus Networks, InnSpire's technology products have been installed at four hotels in Peru.

The two-way integration provides revenue and market data to support automated forecasting, room-type pricing and inventory controls.

The appointments included new C-suite leaders at IHG, Marriott International and Six Senses Hotels Resorts Spas.