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Automatic

2024 posts
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  • 3 min

Accrual Accounting for Hotels: How Fairmas Improves Financial Performance

📈 Fairmas, established in 2003, aids over 5,500 hotels globally with accrual accounting through software for financial planning and analysis. Accrual accounting captures revenues and expenses when incurred, not paid, providing a truer performance view. Challenges include managing multiple departments, delayed invoices, and manual adjustments. Fairmas simplifies accrual management, supports precise profit-and-loss analysis, and enhances decision-making through integrated financial insights, ensuring reliable, transparent reporting across hotel portfolios.
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  • 6 min

The Atlas Opens as Boston’s First-of-Its-Kind Lifestyle Destination and Social Hub

🌎 The Atlas Hotel, a boutique lifestyle destination, opens in Boston's Allston neighborhood at Harvard's Enterprise Research Campus. Designed by Marlon Blackwell Architects and INC Architecture & Design, it features 246 guest rooms, including 12 suites. Amenities include a living room lobby, meeting spaces, and a fitness center. Dining highlights are Ama restaurant and the upcoming Foxglove Terrace rooftop bar. The hotel emphasizes sustainability with LEED Gold and Fitwel certifications. Foxglove Terrace and The COOP retail debut in spring 2026.
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  • 3 min

Tripadvisor Trendcast 2026 Introduces The Year of Meaningful Travel Experiences

🗺 Travelers in 2026 are prioritizing experiences: pet-friendly bookings surged 260% and extreme adventures by 79%. "Sweat Jetting" boosts marathon tourism, with Chicago Marathon seeing a 300% rise. Family trips are increasingly child-led, with heritage tours and cooking classes up 40% and 47%, respectively. Nightlife evolves with DJ sets on water (+29%) and listening bars (+64%). The Trendcast report analyzed data from 2024-2025, predicting evolving travel behaviors.
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  • 3 min

KG Hotel, a Remote Design Outpost on the Faroe Islands, to Open in the Spring of 2026

🏖️ In May 2026, KG Hotel will open in Klaksvík, Faroe Islands, adding to Nordic Hotels & Resorts' portfolio. Located in the city's fjord, it features 83 rooms, Alda Spa, and a restaurant named Sand. Klaksvík, with a population of over 5,000, is known for its fishing industry and serves as a hub for exploring the rugged landscapes of the Faroe Islands. Established in 1938, the town has a rich history rooted in the Viking Age.
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  • 3 min

Case Study: Hotel Opening Purchasing & Installation

🏨 A high-end dual-property hotel project in California faced delays due to missing FF&E components as the opening date neared. Despite construction progress, FF&E status was unclear. A project management team and procurement firm were involved, but lacked coordination on key dates. FF&E Consultants intervened, conducted assessments, coordinated installations, and facilitated temporary solutions. Both properties passed inspections and opened on time, thanks to a coordinated recovery plan that preserved the owner's investment.
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