Transforming Hospitality: ROH Partners with Iconic Hotel for Success
Enhancing Booking Conversions and Operational Efficiency
In an exciting development for the hospitality sector, ROH, an innovative revenue management platform, has forged a partnership with Loews Miami Beach Hotel to revolutionize booking conversions and improve cross-departmental visibility. This collaboration aims to address operational inefficiencies in the hospitality industry, where traditional systems often falter in the face of modern demands.
Understanding the Need for Change
The hospitality industry has long relied on established legacy systems that, while essential, can create challenges as market dynamics evolve. Jess Conroy, CEO and Founder of ROH, highlights how this has resulted in sales and finance teams engaging in manual processes to bridge the operational gaps. Without the right tools, these teams face inefficient and costly payment management practices that hinder profitability.
Loews Miami Beach Hotel: A Venue of Choice
Loews Miami Beach Hotel stands as a premier destination, recognized for its stunning oceanfront location and expansive facilities. With 65,000 square feet of diverse indoor and outdoor meeting spaces, this iconic hotel caters to events ranging from intimate gatherings to large conferences. As demand for such venues grows, the need for effective tools to manage bookings, contracts, and invoicing becomes paramount.
ROH's Impact on Hospitality Operations
By integrating ROH's platform, Loews Miami Beach Hotel enhances its operational workflow across its sales and finance teams. This transformation encompasses crucial functions such as:
- The capacity to swiftly send and convert contracted bookings through a custom-branded digital experience, incorporating contract details and payment authorizations.
- Enhanced visibility throughout the payment journey, allowing sales teams to collaborate seamlessly with the credit coordinating unit.
- Real-time management tools designed to track bookings, streamline invoicing, and reduce the challenges associated with aging accounts receivable.
Creating Exceptional Meeting Experiences
Loews Miami Beach Hotel's unrivaled combination of breathtaking ocean views and modern amenities positions it as a top-tier venue for meetings and events. Each meeting is carefully tailored to ensure an exceptional experience, supported by competent staff and state-of-the-art facilities.
About ROH
As a pioneering platform within the hospitality sector, ROH specializes in payments and revenue management, ultimately unlocking enhanced profitability for hotels. It empowers sales and finance teams by offering real-time data insights, driving conversions, and facilitating streamlined operations.
ROH has established critical relationships with prestigious hospitality brands managing over $4 trillion in Gross Payment Volume. Partnerships with notable entities such as Loews Hotels & Resorts and Marriott International reflect ROH's commitment to improving industry standards.
Investors Fueling Innovation
ROH's innovative approach and rapid expansion have garnered support from reputable investors such as Acrew Capital and Founders Fund, who recognize the platform's potential to streamline operations and enhance profitability in hospitality.
Frequently Asked Questions
What is ROH?
ROH is the first revenue management platform tailored specifically for the hospitality industry, focusing on payments and operational efficiency.
How will ROH benefit Loews Miami Beach Hotel?
ROH will improve booking conversions, provide enhanced visibility in payment processes, and reduce aging accounts receivable, ultimately increasing profitability.
What makes Loews Miami Beach Hotel a unique venue?
Its exceptional oceanfront location, expansive meeting spaces, and commitment to creating memorable guest experiences set it apart in the hospitality market.
Who are ROH’s key stakeholders?
ROH’s partnerships include leading hospitality brands and backing from prominent investors, emphasizing its impactful role in the industry.
Why are legacy systems insufficient for today’s hospitality needs?
Legacy systems often lag behind modern operational requirements, leading to inefficiencies that companies like ROH aim to solve with innovative technology.
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