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  • 9/26/2024

    Asset Management & Hotel Service Optimization Takes Center Stage at HVMG’s First Engineering Conference

    OpsTechPro mobile platform

    This month chief engineers representing 56 hotels owned and operated by Hospitality Ventures Management Group (HVMG) met for the first time at the company’s inaugural Engineering Conference in St. Augustine, Fla. Spearheaded by VP of Engineering Jamison Conrey, the event provided critical education on the role today’s engineers are playing and how their performance is impacting operations, guest satisfaction, and the bottom line. The conference also provided a forum for chiefs to share best practices, receive policy and procedure updates, meet collaborative suppliers, and recognize top performers based on their engagement with HVMG’s exclusive asset management and service optimization solution, OpsTechPro.

    “Housekeeping may be the heart of the hotel, but engineering is the backbone,” Conrey said. “For guests to have frictionless stays, all furnishings, fixtures and equipment must be routinely maintained, otherwise they will deteriorate, along with stay experiences, online reviews, and guest satisfaction scores. 

    “Having had the opportunity to attend an engineering conference in the past, I felt it was important to create an event where our chiefs can meet face to face, pose questions, share ideas, and brainstorm ways to improve efficiency,” he said. “Engineers should not be siloed. The role they play and the tasks they perform – from interior/exterior beautification and pool maintenance to equipment repairs and guestroom upkeep – are integral to the overall success of our company.”

    Protecting Owners’ Investments 

    One way that HVMG is supporting its engineers and protecting owners’ investments is with technology. The OpsTechPro asset-management system streamlines operations by automating and tracking the entire interactions cycle. This includes guest requests, workflow communication, front-desk management, lost and found, room inspections and deep cleaning projects, vehicle management, water intrusion and safety management, inclement weather prep, contracts/permits/license management and more. There are modules for onboarding and training, corporate analytics (performance overview portfolio-wide in a single report), and corporate level reporting (by property ranking).

    While preventive maintenance was the initial focus of HVMG when it first partnered with OpsTechPro in 2020, Conrey said he quickly came up with different use cases for the technology. In addition to creating a checklist of daily tasks for maintaining mandatory safety protocols during COVID-19, OpsTechPro created similar worksheets for managing capital expenditures, transitioning from one flag to another, and buying/building new hotels. Before long, the IT department also began using the platform for hardware, software, and networking tickets. Most recently, safety programs, insurance procedures, and risk management practices were implemented. 

    “This asset management and service-optimization platform is vital to our operations,” Conrey said. “All 56 hotels in our portfolio are using it, and those with the best performance record were recognized at this event.”

    HVMG Engineering Awards

    The HVMG leadership team, along with Jay Visnjic, Founder and President of OpsTechPro, presented the following Engineering Awards:

    • “Full-Service Hotel of the Year” — the Embassy Suites, St. Augustine.

    • “Full-Service Chief of the Year” — Csaba Tari, Delta Daytona Beach

    • “Select-Service Hotel of the Year” ­— Springhill Suites, Orange Beach

    • “Select-Service Chief of the Year” — Gerardo Caledron, Homewood Suites Cathedral City

     

    “We are honored to be HVMG’s exclusive technology partner for all things engineering,” Visnjic said. “OpsTechPro does far more than just provide digital checklists to engineers; we provide financial benefits with a sizeable return on owners’ investments. Unfortunately, a lot of hotels are still managing engineering tasks with pen and paper. If they don’t automate soon, the physical and financial risks can be catastrophic. 

    “As technology and AI continue to build momentum across the hospitality industry, OpsTechPro will continue to innovate to meet our customers’ demands,” he said. “I commend Jamison on his vision for this much-needed conference — there should be more like it — and thank HVMG for their continued support as we work collectively to amplify guest happiness, supercharge team efficiency, slash costs, and streamline communications between departments. The end result will be pristine rooms and amenities, happier teams, and lowered equipment costs system wide.”

    To date, more than 1,000 properties representing 150,000 guestrooms are using OpsTechPro, with a significant revenue savings increase annually in front desk labor savings, a decrease in guest complaints and rooms comps, plus a 30% increase in the lifespan of the asset.

  • 8/8/2024

    Mark Shambura Joins Panera Bread as CMO

    Mark Shambura Papa Johns

    Mark Shambura has joined Panera Bread as Chief Marketing Officer. Shambura will lead all aspects of marketing at Panera, including Brand Building, Digital & Loyalty, Product Strategy & Consumer Insights. An accomplished marketing leader with broad expertise in the restaurant industry, Mr. Shambura has previously held marketing leadership roles during pivotal growth periods for top brands including Chipotle, MOD Pizza, and most recently Papa Johns.

    "Mark brings an impressive background building brands and leading marketing teams for fast-casual restaurants, and we’re thrilled to welcome him to Panera Bread,” said José Alberto Dueñas, Chief Executive Officer. “As Panera continues to evolve our brand, guided by listening to our guests, Mark’s depth of experience and ability will help drive our growth as a brand that serves great food you feel good about eating.”

    Shambura previously served as CMO at Papa Johns, where he led a revitalization of the brand by enhancing its iconic “Better Ingredients, Better Pizza” platform, and developing a more modern, innovative omnichannel approach to transform how Papa Johns appealed to both new and loyal consumers. As Executive Director at Chipotle, Mr. Shambura guided the marketing function through periods of both sustained growth and transition, providing leadership over brand strategy, advertising, digital, social, events/sponsorships, promotions, and field marketing, including playing a key role in spearheading its “Real Ingredients” brand strategy.

    “I’m proud to join the Panera Bread team and excited to build on the momentum of the brand's transformation as it continues to evolve in service of our guests,” Mr. Shambura said. “Panera propelled and cemented its position at the top of the fast casual restaurant segment through its promise of high-quality ingredients and freshly prepared food, and I’m thrilled to join a highly talented team to help shape its next chapter.”

    Prior to his tenure in the restaurant industry, Mr. Shambura gained extensive marketing agency experience, working with a broad array of top global consumer brands for over a decade. Shambura will report directly to José Alberto Dueñas, Chief Executive Officer, and officially assumed the role of Chief Marketing Officer on July 29, 2024.

  • 9/26/2024

    Instant Financial Announces New Mobile App for Improved Employee Pay Flexibility

    instant logo
    Instant Financial, a pioneer of responsible earned wage access (EWA), electronic tips, and paycard solutions, has announced the release of its new Instant mobile app and enhanced mobile wallet functionality, providing employees with a faster, more secure app experience that gives them a greater degree of flexibility in how they receive their pay.
     
    Understanding that over 50% of Americans would likely avoid major financial pitfalls if they could instantly access a portion of their pay after every day’s work, the new Instant mobile app is narrowing this financial gap by placing financial empowerment directly into the hands of employees.
     
    The beta version of Instant’s app debuted in October at the 2023 HR Tech Conference & Expo, where event attendees were provided a sneak preview of the app’s new capabilities and functionality.

    Designed with accessibility and financial freedom in mind, the new Instant mobile app is released with a list of innovative new features and functionality including:

    • Faster Access to Earned Wages: Employees have access to their hard-earned wages in fewer steps, with an improved user interface (UI) and key elements surfaced more prominently within the app.
    • Modern Security Features: State-of-the-art security protocols, such as facial and fingerprint biometrics, multi-factor authentication, and encryption technologies protect user information and provide peace of mind.
    • Flexible Payment Options: Users have the freedom to choose how and when they access their wages. Whether it’s through direct deposit, the Instant card, or a mobile wallet, the new app offers a greater degree of flexibility for all employees, ensuring convenience for all.
    • Clear and Informative Design: With improvements to the user interface (UI), the app offers a user-friendly experience, empowering users to make informed choices and navigate the app confidently.
    • New Technology Framework: Underpinned by a new technology infrastructure, the new Instant mobile app is faster, more responsive, and built to allow for additional features and functionality to meet the needs of employees and how they are paid.

    “Employee demands regarding how they access their wages are constantly shifting, and our new app is meeting that head-on,” said Tal Clark, CEO of Instant Financial. “Whether it’s to cover unexpected expenses, avoid predatory loans, or simply to enjoy more control over their finances, Instant is continually revolutionizing the way people get paid.”

    By releasing this enhanced version of its mobile app experience, Instant is furthering its mission of delivering pay to employees, when they want, where they want, and how they want, all free of fees.

  • 9/25/2024

    PolyAI partners with OpenTable

    new product box

    PolyAI, a pioneer in voice AI solutions for customer experience and service, announced a partnership with OpenTable, a global leader in restaurant technology, expanding PolyAI's guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences - all while alleviating staff time and resources.

    This alliance delivers PolyAI's lifelike voice AI to help restaurants tackle challenges around staffing and provide consistent hospitality, even off premise. In a survey conducted by the National Restaurant Association, 62% of operators said their restaurants did not have enough employees to support existing demand. With onsite staff focused on in-house patrons, restaurant groups routinely miss between 30-60% of phone calls to their front of house (per PolyAI customer data) – meaning missed revenue opportunities and equally valuable customer touch points.

    Never miss another call

    With this strategic partnership, OpenTable's global network of restaurants will be able to integrate PolyAI voice assistants, built using generative AI and spoken language technologies, to assist their diners in seamlessly booking and managing reservations over the phone, during and outside of operating hours.

    "We know how tightly restaurants manage their guest experience and this can be even more complex for our partners doing business at scale," said Susan Lee, Chief Strategy Officer at OpenTable. "We have, and continue to invest in, technology that pushes boundaries and enhances hospitality and our integration with PolyAI is a new way we can drive efficiencies for our restaurants, and diners."

    For larger operators, this partnership enables numerous iterations of voice assistants to cater to the unique needs of multi-location and multi-brand portfolios, while providing PolyAI's proven enterprise-grade assurances around availability, security and data protection.

    "We have extensive experience deploying voice assistants to hundreds of locations for some of the largest restaurant groups in the world, helping operators resolve up to 70% of calls over the phone without the need for additional staff," said Michael Chen, VP of Strategic Alliances at PolyAI. "This strong connection with the restaurant industry started right from the earliest days of PolyAI. We're thrilled to deepen that further and work with OpenTable to help even more restaurant operators attract more diners, streamline operations and maximize revenue."

    Popular fondue restaurant group among the first to dip in

    North America-based fondue restaurant Melting Pot is an early adopter in leveraging this partnership. With PolyAI voice assistants rolling out to locations in Indiana, New Jersey and New York and many other restaurants in the implementation stage, the appeal of quick scale is evident. "Locations can go live with a branded, pre-trained voice assistant in as few as three weeks, which for our restaurants, means less time working on technology and more time taking care of our guests." says Randy Barnett, VP of Innovative Technology Systems & Data at Melting Pot Restaurants, Inc.

    Smart automation that puts the guest first and keeps the staff attentive to onsite diners is crucial for Barnett: "Anyone who's dined at a Melting Pot knows it's an immersive experience, and by integrating this technology our teams can spend more time delivering the Perfect Night Out to our guests. Having PolyAI's voice assistant answer our guest calls not only offers immediate attention and resolution to those offsite guests preparing for their meal with us, it also preserves that intimate, social environment we provide for our in-house guests and team members."

    Barnett reports the voice assistant is popular with Melting Pot team members and guests alike, and that the ability to fully book, change or cancel a reservation through an integration with OpenTable has been seamless. Barnett anticipates wider spread adoption of the platform in the coming weeks and months among Melting Pot's 90+ locations.

    The journey starts at the Integration Marketplace

    OpenTable restaurants will be able to request an integration with PolyAI via its Integration Marketplace, which powers 150+ integrations among the most widely used restaurant software. Beyond managing reservations over the phone, PolyAI's guest-led voice assistants also offer operators a powerful new channel for implementing consistent brand experiences that can deliver greater personalization, more proactive revenue and upsell as well as offer new ways of collecting diner feedback and tracking customer satisfaction.

  • 9/25/2024

    STUDY: 60% of Consumers Fed Up with Tipping

    skeptical man facing a payment terminal
    Tighter household budgets paired with tipping fatigue is causing U.S. consumers to pull back on gratuities for restaurant staff and wish for a general departure from tipping. This is according to a nationwide study of 1,000 U.S. consumers by Popmenu, a leader in restaurant technology that works with more than 10,000 restaurants.
     
    The majority (60%) of consumers say they are fed up with being asked to tip for different services at various establishments, up from 53% last year. Around the same percentage (61%) feel pressure to tip. When consumers were asked how many times they tipped for different services when they didn’t think it was warranted, the average was 40 times.
     

    Restaurant Tipping Trends

    After rallying around restaurants during the pandemic, budget-conscious consumers have reduced gratuities in recent years:
    •  In 2024, 38% of consumers say they tip restaurant servers 20% or more. This is down from 42% of consumers last year and 56% in 2021.
    • In 2024, 19% of consumers say they tip restaurant delivery drivers 20% or more. This is down from 26% of consumers last year and 38% in 2021.  
    • The number of consumers tipping restaurant staff 10% or less jumped 10 percentage points over last year:
      • 30% of consumers tip restaurant servers 10% or less, up from 19% of consumers last year.
      •  42% of consumers tip restaurant drivers 10% or less, up from 32% of consumers last year.
     
    Most consumers (61%) are willing to pay more for restaurant meals to facilitate higher wages for staff and eliminate tipping.

    “The continued squeeze on consumer bank accounts is impacting restaurants and other industries that are heavily reliant on tips,” said Brendan Sweeney, CEO and Co-founder of Popmenu. “Not only are they dealing with heightened competition for guests, they have to work even harder for the tips that account for the majority of their income.”    
     
     
    Survey Methodology
    Popmenu conducted an anonymous, nationwide study of 1,000 U.S. consumers, ages 18 and older, from September 6 to September 7, 2024.

    *Totals in may not equal 100% due to rounding.
  • 9/26/2024

    Mews Raises $100 million in New Financing from Vista Credit Partners

    mews logo

    Mews, a hospitality cloud, announced $100 million in financing from Vista Credit Partners, the subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data and technology markets.

    As cloud adoption accelerates across the $15.5 trillion global travel and tourism industry, the new financing will expedite Mews’ growth and strengthen its M&A program to further establish the company as a market leader. The company’s investment and corporate development arm, Mews Ventures, has acquired nine hospitality companies to date, and will continue to invest in technology and teams to accelerate technological transformation across the hospitality industry.

    “Hospitality at its core is a human industry, and we are relentlessly focused on driving cloud technology which empowers staff to disconnect from their screens and focus on their guests. We have a huge opportunity to support the world’s most revolutionary hospitality brands to accelerate their digital transformation,” Matt Welle, CEO of Mews, commented. “Receiving financing from an experienced enterprise software investor, like Vista Credit Partners, enables us to expedite our efforts. By investing in both our organic and inorganic growth, we will completely reshape the way hospitality is delivered.”

    Richard Valtr, Founder of Mews, commented, “The market is ripe for consolidation. Having successfully acquired nine companies to date, the funds from Vista Credit Partners further progress our position to continue investing in M&A via our investment and corporate development arm, Mews Ventures.”

    Over the past year, Mews has demonstrated significant momentum and continued growth. Milestones include:

    • A valuation crossing $1 billion
    • Expanding its customer base to serve over 5,500 customers in 85 countries, including Strawberry, The Social Hub and Airelles Collection
    • Increasing customers in North America by 250% in the last 12 months
    • Surpassing 75,000 hospitality staff platform users worldwide
    • 54% growth in gross payment volume to over $8 billion year-to-date1

    Mews has also continued to add innovative product functionalities, from its AI-driven smart search to provide users with a context-rich intelligent assistant, to its next-generation Mews Kiosk solution which has seen hotels cut check-in times by a third.

    Amy Mathews, Managing Director at Vista Credit Partners, added, “As an integral property management system for hospitality brands worldwide, the Mews cloud platform helps to automate core operational, business and payments processes while empowering staff to provide the best possible guest experiences. We are pleased to provide Mews with a flexible capital solution specifically tailored to its ambitious growth plans as the team drives transformation across the rapidly digitizing global hospitality sector.”

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