The Hospitality Newsletter
· TopicHospitality procurement news covering supplier contracts, group purchasing, supply chain disruption, sourcing strategy and vendor management for hotels.
Procurement platforms are consolidating accounting, forecasting, and purchasing workflows to protect operating margins against rising supply chain costs.
Software Integration ·Actabl, Inn-Flow, and Folio launched automated integrations linking procure-to-pay engines directly with live accounting and forecasting data.
↑Marketplace Access ·AAHOA rolled out a free digital purchasing marketplace with Folio and Avendra International for independent hotel operators.
↑Platform Expansion ·PurchasePlus relocated its headquarters from Australia to Seattle following Strattam Capital funding to accelerate US hospitality expansion.
◉Supplier Alignment ·Andaaz Manufacturing launched Select by Andaaz to supply dedicated casegoods directly to select-service hotel brands.
↓Outlook
Los Angeles hotel operators must finalize FF&E supply contracts immediately to avoid pre-2028 Olympic supply crunches.
Hospitality insurance costs are surging due to large jury verdicts and a shrinking pool of carriers willing to cover casualty risks.
With labor and F&B costs rising, hotel operators can protect margins by strategically renegotiating and consolidating overlooked vendor service contracts.
Los Angeles hotel owners must accelerate renovation plans to avoid severe supply chain bottlenecks and labor shortages ahead of the 2028 Olympic Games.
Global business travel confidence has rebounded sharply, with 63% of industry professionals expressing optimism for the year ahead.
Amex GBT projects global hotel rate increases in 2027 driven by inflation and resilient corporate travel demand, though growth rates will vary significantly by region.
Inn-Flow has integrated its Accounting and Procurement platforms with AI-driven guidance to align hotel purchasing decisions directly with live budgets and forecasts.
AAHOA, Folio, and Avendra International have launched the updated AAHOA Marketplace, offering members free access to centralized purchasing and negotiated savings.
AAHOA has partnered with Folio and Avendra International to roll out a free procurement marketplace for members. The mobile-optimized platform offers pre-negotiated supplier pricing…
Google has redesigned its hotel search interface across Europe to comply with EU antitrust regulations, introducing dedicated sections for both aggregators and direct suppliers.
With 75% of event planners sourcing venues through AI tools like ChatGPT, hotels risk losing corporate bookings unless they optimize for large language models.
Corporate travel platform Navan has acquired AI-powered event management startup BoomPop to integrate venue sourcing, RFPs, and room blocks into its core system.
Viator has updated its global supplier agreement, granting channel partners like OTAs and airlines the autonomy to set final retail prices for tours and experiences.
Airbnb is abandoning its purely organic, bespoke approach to tours and activities by integrating Tripadvisor and Viator experiences onto its platform later this year.
Hilton restructured its global business-to-business sales operation into a three-pronged strategy to adapt to evolving post-pandemic corporate purchasing behaviors.
Hyatt faces scrutiny from hotel owners and partners regarding delays in opening new properties as it rapidly expands its mid-tier brand portfolio.
Inn-Flow is expanding its back-office platform with new AI and automation capabilities designed to unify procurement, accounting, and labor management for hotel operators.
A new strategic partnership between Reeco, M3, and Corpay introduces a unified finance architecture that automates procurement, accounting, and payments for hotel management.
Hotel procurement has become a strategic tool for profitability, with data-driven F&B and housekeeping strategies offering potential savings of up to 15%.
A&O Hostels is utilizing a contrarian strategy by purchasing distressed European properties at low prices to expand its 30,000-bed portfolio.
United Airlines CEO Scott Kirby warned that engine shortages and exclusive supplier agreements represent the most significant constraint for the aviation industry's near future.
FAS Italia srl is a specialized hospitality supplier based in Florence, Italy, providing a wide range of furniture and equipment for hotels.
Rising operational expenses are driving hotel owners and managers to overhaul their traditional pricing, labor, and procurement strategies to protect profit margins.
Wynn Resorts has announced a modest delay for the opening of its $5.1 billion Wynn Al Marjan Island in the UAE, originally slated for Q1 2027.
Inn-Flow has acquired the technology of procurement platform Lilo to launch a new hospitality-specific procurement solution integrated into its existing management suite.
Havila Voyages completed a 12-day coastal cruise in Norway using biogas to reduce emissions by 90%, proving technical viability despite severe supply chain constraints.
HOTELS Magazine is hosting a webinar on May 13th focused on how procurement teams can use digital spend data and visibility to drive profitability.
The hotel industry is moving toward a strategy of margin preservation over revenue recovery as growth slows and labor and food costs continue to rise.
The hospitality industry faces renewed financial pressure from unpredictable global tariffs, requiring operators to focus on disciplined procurement and daily operational efficiency.
Boutique hotels are increasingly turning to specialized energy consultancies to mitigate rising costs through strategic procurement and advanced monitoring technology.
The Asian American Hotel Owners Association has selected Folio as the official technology platform for the AAHOA Marketplace to enhance procurement for its members.
Hotels can cut costs by up to 20% by renegotiating and consolidating vendor service contracts. Modern procurement platforms and increased spend visibility allow operators to secure these savings without compromising guest experience, offsetting rising labor and food and beverage expenses.
The free, mobile-friendly marketplace, built in partnership with Folio and Avendra International, provides centralized ordering, pre-negotiated supplier pricing, and AI-assisted invoice auto-coding. The platform connects independent operators to suppliers without complex implementation requirements.
Hotel operators can reduce premium increases by leveraging group purchasing power, engaging underwriters actively, and documenting staff training. These measures counter rising casualty costs driven by large jury verdicts and a shrinking pool of commercial insurance carriers.
Inn-Flow integrates procurement and accounting systems with AI guidance to tie daily purchasing decisions directly to live forecasts and budgets. The connected system gives operators real-time spend visibility and automated invoice matching to protect operational margins.
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