Urgo Hotels & Resorts selects enterprise financial systems

Urgo Hotels and Resorts' Fairfield Inn & Suites New York Manhattan/Downtown East is one of the 42 properties installing Aptech's enterprise financial systems. Photo credit: Aptech Computer Systems

Urgo Hotels & Resorts selected Aptech Computer Systems’ Execuvue hospitality business intelligence, Targetvue budgeting and forecasting and PVNG enterprise accounting systems. Aptech will automate data gathering, performance reporting and analysis, and accounting for Urgo’s portfolio of 42 properties.
 
“We ran an extensive system evaluation process that explored many options,” said Kevin Urgo, principal of Urgo Hotels & Resorts, in a statement. “Urgo and Aptech are family businesses that share similar values and corporate cultures of service. They have a great team.”
 
Urgo Hotels & Resorts develops, owns and operates hotels and resorts and provides third-party management, asset management services, development, and acquisition services. It operates independent properties as well as hotels and resorts under several brands including include Marriott, Hilton, Choice Hotels, and InterContinental Hotels Group. Urgo Hotels & Resorts currently operates 42 properties with approximately 12 properties in development.

Suggested Articles

After six months as EVP/chief accounting officer, Peery will replace Rachael Rothman as the REIT's EVP/CFO.

Should all of 2020's scheduled hotels come online as planned, China will open the most new rooms next year since the cyclical peak in 2014.

The luxury goods company is set to acquire Tiffany & Co. in a deal worth $16.2 billion.