HRI Lodging Selects Aptech Targetvue, Execuvue BI, and Accounting to Simplify Reporting at 17 Hotels
March, 19 2014. Aptech Computer Systems, Inc. announced HRI Lodging, LLC (HRIL) will install the Targetvue, Execuvue®, and Profitvue® systems for its 17 hotels. HRIL selected Aptech’s systems to simplify property reporting, data collection, and budgeting/forecasting for its expanding portfolio. Aptech is the leading provider of hospitality software for business intelligence, budgeting and forecasting, and enterprise financial accounting. Aptech will host HRIL’s systems from its secure data center in Pittsburgh, PA. Implementation is expected in 2Q ’14.
In mid 2013, 11-property HRIL expanded via a joint venture with MetWest Terra Hospitality to operate 6 additional hotels. “MetWest had its own financial systems, as did HRI prior to the joint venture,” said Alan Baer, Senior Vice President Finance for HRIL and CFO of MetWest Terra Hospitality. HRIL found that combining processes and updating its existing systems would be costly. “Our team visited Aptech offices to assess capabilities and the company’s culture,” Baer said. “We selected Aptech because it has extensive experience with growing multi-property, multi-PMS operations like ours. Aptech’s Targetvue, Execuvue, and Profitvue solution suite is also more cost effective than upgrading our existing systems.”