Focuses on Improving Profitability for Hoteliers
in 2003 and 2004
|PITTSBURGH, December 3, 2002 – Industry publications this quarter widely
report that continued declines in hospitality profitability for the first
six months of 2002 highlight the need for more frequent benchmarking of
property expenses and revenue. Top executives at American Property
Management Corporation, Concord Hospitality Enterprises Company, Host Marriott
Corporation, and MEI Hotels, Inc. recognize the challenge. Here is
a snapshot of the actions they are taking to cut costs and increase efficiency
using the most advanced business intelligence tools available:
Execuvue is an enterprise business intelligence application from Aptech Computer Systems, Inc. that stimulates ad hoc queries and reporting, and dramatically reduces the time and cost of decision making for managers from the regional level to the executive suite.
New! Business Intelligence Web Site:
In a related announcement, Aptech today launched a new Web site designed to help hotel operators better understand the benefits of business intelligence. Visit Aptech’s redesigned site to see how leading hotel companies are using the Execuvue business intelligence tool to increase profitability by identifying and controlling costs.
About Aptech Computer Systems, Inc.
Aptech Computer Systems, Inc., based in Pittsburgh, Pennsylvania, leads the Hospitality industry in leveraging change by valuing human relationships and applying technology to solve business problems for people.
Incorporated in 1970, Aptech is a financial and operations technology solutions and service company whose products include three state-of-the-art business intelligence and back office products, in server or ASP configurations:
Execuvue®, Profitvue®, and an extension of Profitvue that supports property accounting and reporting via the Internet, Webvue®. Over 700 users, including very large chains, multiple-property management companies, ownership groups, and single site hotels, utilize Aptech's solutions to manage their financial and operational data. By offering the hotel industry a solid resource of hospitality professionals, including staff and customers, and through its proven ability to evolve technology offerings as the market dictates, Aptech is proud to have earned 100% customer loyalty.
Execuvue and Profitvue are registered trademarks to Aptech Computer Systems, Inc. All other trademarks are owned by their respective holders.
Aptech Computer Systems, Inc.
412-963-7440 x 304
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|Marriott, Hilton Management and Real Estate Firm Dominates New Construction Niche With Business Intelligence Software, Relationship Financing / Aug 2002|
|Starwood, Host Marriott Shine at New York Hospitality Investment Conference; Edge Ahead with Business Intelligence Tools, Rely on Aptech Applications / June 2002|
|Hotel Undergraduates Shift With the Industry Towards Business Intelligence / March 2002|
|Interstate Hotels Partners with Aptech to Install ASP Model; ASP Back Office Provides Value to Hotel Owners With Ability to Reduce Capital Outlay, Eliminate Maintenance Costs, Bring Faster Processing Speeds / June 2001|
|Jill Wilder Named Vice President and Officer of Aptech Computer Systems Inc. / May 2002|
|Survival Tactics; New Technology Directions Surface in Business Intelligence Survey / November 2001|
|Aptech Opens Business Intelligence Door for Small to Mid-sized Management Firms / October 2001|