Latest news with #Aptech
Travel Daily News
29-05-2025
- Business
- Travel Daily News
Spark by Hilton Winston-Salem University deploys Aptech's solution
Aptech launches PVNG Lite at Spark by Hilton Winston-Salem, offering independent hotels an efficient, tailored accounting solution to boost profitability. PITTSBURGH, PA – Aptech, a leading provider of scalable accounting, business intelligence, financial planning and management solutions for the hospitality industry, announces the deployment of its new PVNG Lite hotel accounting system at the Spark by Hilton Winston-Salem University in North Carolina. This milestone installation marks the beginning of a new chapter for independent and economy hotel operators seeking a powerful, hotel-specific alternative to generic accounting tools like QuickBooks. PVNG Lite is a streamlined version of Aptech's flagship PVNG platform, developed specifically for single-property operations that require essential accounting functions without the complexity or cost of enterprise-grade solutions. It includes modules for General Ledger and Accounts Payable, a robust financial dashboard, and flexible reporting capabilities – all within a modern, browser-based interface. 'PVNG Lite delivers the best of Aptech's 50 years of hospitality accounting experience in a solution that's purpose-built for hotels like Spark by Hilton,' said Jill Wilder, President at Aptech. 'We designed PVNG Lite to offer all the essential tools that single property accounting teams need – with none of the extras they don't – at a price that's accessible.' The 93-room Spark by Hilton Winston-Salem University opened in August 2024 following a full property renovation. It is owned by Wisdom Hotel LLC and operated by Wisdom Management LLC. The decision to implement PVNG Lite came at the recommendation of Ed Ghanami, a consultant with Professional Hotel Solutions, who had previously used Aptech's full PVNG system while managing hotels in Louisiana. 'Having worked with many of the major management companies and accounting systems in the industry, I can confidently say Aptech's solution stands out,' said Ghanami. 'PVNG Lite is efficient, intuitive, and provides the financial insights our team needs to improve profitability – especially the ability to drill down into expenses and income by market segment. The Aptech team made implementation smooth and successful, as always.' As a new brand in the Hilton portfolio, Spark by Hilton offers a premium economy experience focused on value, reliability, and comfort. The Winston-Salem property is strategically located just minutes from Wake Forest University and downtown, catering to both business and leisure travelers. This successful PVNG Lite deployment signals Aptech's continued commitment to supporting hotel operators of all sizes with scalable, industry-specific technology that evolves with their business.
Hospitality Net
28-05-2025
- Business
- Hospitality Net
Spark by Hilton Winston-Salem University Deploys Aptech's New PVNG Lite Hotel Accounting Solution
Pittsburgh, PA – Aptech, a leading provider of scalable accounting, business intelligence, financial planning and management solutions for the hospitality industry, today announces the deployment of its new PVNG Lite hotel accounting system at the Spark by Hilton Winston-Salem University in North Carolina. This milestone installation marks the beginning of a new chapter for independent and economy hotel operators seeking a powerful, hotel-specific alternative to generic accounting tools like QuickBooks. PVNG Lite is a streamlined version of Aptech's flagship PVNG platform, developed specifically for single-property operations that require essential accounting functions without the complexity or cost of enterprise-grade solutions. It includes modules for General Ledger and Accounts Payable, a robust financial dashboard, and flexible reporting capabilities—all within a modern, browser-based interface. PVNG Lite delivers the best of Aptech's 50 years of hospitality accounting experience in a solution that's purpose-built for hotels like Spark by Hilton. We designed PVNG Lite to offer all the essential tools that single property accounting teams need—with none of the extras they don't—at a price that's accessible. Jill Wilder, President at Aptech The 93-room Spark by Hilton Winston-Salem University opened in August 2024 following a full property renovation. It is owned by Wisdom Hotel LLC and operated by Wisdom Management LLC. The decision to implement PVNG Lite came at the recommendation of Ed Ghanami, a consultant with Professional Hotel Solutions, who had previously used Aptech's full PVNG system while managing hotels in Louisiana. Having worked with many of the major management companies and accounting systems in the industry, I can confidently say Aptech's solution stands out , said Ghanami. PVNG Lite is efficient, intuitive, and provides the financial insights our team needs to improve profitability—especially the ability to drill down into expenses and income by market segment. The Aptech team made implementation smooth and successful, as always. As a new brand in the Hilton portfolio, Spark by Hilton offers a premium economy experience focused on value, reliability, and comfort. The Winston-Salem property is strategically located just minutes from Wake Forest University and downtown, catering to both business and leisure travelers. This successful PVNG Lite deployment signals Aptech's continued commitment to supporting hotel operators of all sizes with scalable, industry-specific technology that evolves with their business. For more information on PVNG Lite and the rest of Aptech's award-winning financial management, business intelligence and planning solutions for hospitality, please visit About Aptech | Aptech, a Jonas Hospitality Company, is a leading provider of enterprise accounting, business intelligence, financial planning and management solutions for the hospitality industry. Its award-winning solutions, which include PVNG, Execuvue and Targetvue, form an integrated technology ecosystem that is designed to help hoteliers at both the corporate and property levels understand their financial and operational data and provide actionable insights. With more than 50 years of experience in the hospitality industry, Aptech's state-of-the-art solutions are used by more than 3,500 properties across North America. For more information, please visit Andrea Mane
Business Standard
09-05-2025
- Business
- Business Standard
Aptech consolidated net profit rises 79.64% in the March 2025 quarter
Sales rise 14.06% to Rs 118.69 crore Net profit of Aptech rose 79.64% to Rs 4.94 crore in the quarter ended March 2025 as against Rs 2.75 crore during the previous quarter ended March 2024. Sales rose 14.06% to Rs 118.69 crore in the quarter ended March 2025 as against Rs 104.06 crore during the previous quarter ended March 2024. For the full year,net profit declined 34.30% to Rs 19.08 crore in the year ended March 2025 as against Rs 29.04 crore during the previous year ended March 2024. Sales rose 5.33% to Rs 460.10 crore in the year ended March 2025 as against Rs 436.81 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 118.69104.06 14 460.10436.81 5 OPM % 6.554.59 - 6.309.47 - PBDT 11.259.06 24 44.0355.83 -21 PBT 9.306.66 40 35.5047.46 -25 NP 4.942.75 80 19.0829.04 -34
