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Business & Finance

Local Bigwig and Aaxsys Technology Announce Partnership

New York, NY - February 11, 2011 - Local Bigwig announced a partnership with Aaxsys Technology, a San Francisco-based company providing an online reservation engine and software that facilitates corporate housing and property management for homeowners and real estate agents.

Aaxsys members’ home listings of vacation & extended stay rentals will be automatically uploaded to LocalBigwig.com. Local Bigwig will utilize social media, SEO, and other forms of online marketing to deliver more bookings to Aaxsys members.

Local Bigwig will gain about 3,000 more home & apartment rental listings on its website as a result of this partnership. Travelers will browse and choose listings in various metropolitan cities – including Toronto, Dallas, San Diego, Boston, Las Vegas, & Tampa on www.localbigwig.com.

“This partnership is fantastic,” said founder and CEO of Local Bigwig Ray Madronio. With the Aaxsys real time available inventory, we feel better positioned to grow our company world wide.”

Zoya Smithton, founder and CEO of Aaxsys Technology, has been a leader in the vacation & corporate rental industry for over 30 years. Voted as a Woman Entrepreneur of the year for San Francisco, she managed to grow her businesses as well as the industry to global proportions.

This partnership takes effect immediately. For more information and updates on this matter, visit www.LocalBigwig.com.

About Aaxsys Technology

Simply put, Aaxsys Technology is a ground breaking software service that enables you to operate and market rental housing worldwide. Aaxsys is internet-based and requires no extra hardware or software. You can use it from your iPhone or any computer with a web browser. There is nothing to crash and no devices to buy, and you can designate as many users as you need to, in multiple locations, without licensing permission. It is simple to use, easy to learn and will gain you entry into the possibilities of the worldwide rental housing marketplace online.

About Local Bigwig LLC

Local Bigwig LLC is an online community that makes extended stay home rentals and corporate housing easier and safer. Furnished apartments &houses are offered to travelers and a local life experience is available on www.LocalBigwig.com – an easy, intuitive, and transparent online environment. Exceptional customer service, comprehensive marketing campaigns, ongoing website enhancements and positive travel experiences continue to propel Local Bigwig as the accommodation option for extended stay rentals around the world.

For more information, please visit www.LocalBigwig.com

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.