Reeco Raises $15M Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform
Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American hotels MIAMI, Fla., Jan. 15, 2025 — Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced today it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated…
Read Article →My Place Hotels of America Celebrates the Opening of My Place Hotel-St. Joseph, MO
ABERDEEN, SD — January 9, 2025 — My Place Hotels of America is thrilled to announce the opening of My Place Hotel-St. Joseph, MO in St. Joseph, MO. The upper-midscale, extended-stay hotel is owned by Rimrock Companies, who also served as its developer. The hotel was designed by Richardson Design Partnership and is managed by…
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AHLA, World Wildlife Fund make it easier for hoteliers to reduce food waste
Revamped Hotel Kitchen program will help meet the goal of cutting food waste in half by 2030 WASHINGTON (Oct. 23, 2024) – The American Hotel & Lodging Association (AHLA) and World Wildlife Fund (WWF) today announced a revamped Hotel Kitchen platform that will help hoteliers around the country prevent food waste, protect the environment by…
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Partner Valuation Advisors Adds McKenna Luke to Lead National Hospitality Practice
Chicago, IL, June 3, 2024 – Partner Valuation Advisors, a top 10 national appraisal firm, continues to expand its leadership team with the addition of McKenna Luke, MAI, who joins to lead the firm’s National Hospitality Practice Group. Ms. Luke will be responsible for driving the growth of the firm’s hospitality work related to appraisals, market…
Read Article → AHLA statement on the introduction the HOTEL Act
WASHINGTON (Sept. 19, 2024) – American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey released the following statement after the introduction of the Halting of Trafficking and Exploitation in Lodging Act, or the HOTEL Act, which encourages federal workers traveling for business to stay at hotels with anti-human trafficking programs. “The HOTEL…
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