Midas Hospitality is implementing Broadvine’s cloud-based business-intelligence and analytics application to optimize hotel portfolio performance. Broadvine’s application delivers business intelligence insights via reporting, forecasting, labor and expense management to hotel management companies worldwide. By consolidating data from various property-management systems, benchmarking and labor systems, in combination with their accounting platform, Midas will be able to easily view and analyze data to make quicker, more profitable decisions.
“Broadvine’s suite of modules will enable us to easily assess our performance and operational efficiencies, enabling our team to drive profitability while spending more time with our guests,” Jim Brueggermann, CFO of Midas Hospitality, said in a statement. “Using technology to improve our results to our ownership partners and delivering an exceptional guest experience is key to our continued growth and success.”
Broadvine CEO Shawn Barber said Broadvine’s mission is to enable its partners to deliver an exceptional guest experience by eliminating the time and frustration associated with aggregating and manipulating data into reports and insights.