Appointments & Promotions

Midas Hospitality Hires, Promotes Hospitality Industry Leaders

Team members to oversee hotel management group's growing list of properties

ST. LOIS, MO. September 7, 2017 - Midas Hospitality, a premier hotel management group, recently hired Jim Cavallo and promoted Michael Heater as Regional Operations Leaders.

In this position, both Cavallo and Heater will oversee approximately 12 to 15 hotels, creating and cultivating an environment that complements Midas Hospitality’s vision. This includes a hands-on leadership approach with respect to top-line revenue, guest service, profitability, and associate satisfaction. They will guide each hotel’s general manager in all aspects of hotel operations, as well as support their training and growth in order to achieve success. Cavallo and Heater will ensure brand compliance and set department goals in regard to achieving top rankings for service with all brands.

Cavallo has more than 27 years of hotel experience in multi-property management. Prior to joining Midas Hospitality, he held numerous positions including area vice president and regional general manager for companies located throughout the country. Heater, who has more than 25 years of hospitality experience, joined Midas Hospitality in 2013 as a Hotel General Manager in Greenville, S.C. The success of this hotel and his ability to develop his staff has resulted in his career advancement. Prior to Midas, he worked in numerous manager capacities at several South Carolina hotels.

“We are extremely fortunate to have both Jim and Michael in these leadership positions,” said Rob Willard, President and Principal. “They both possess the background we need to oversee our new and existing properties.”

Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 40 hotels in 14 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100 or visit http://www.midashospitality.com.

Coming Up In The October Online Hotel Business Review




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Feature Focus
Revenue Management: Technology and Big Data
Like most businesses, hotels are relying on technology and data to drive almost every area of their operations, but perhaps this is especially true for hotel Revenue Managers. There has been an explosion of technology tools which generate a mountain of data – all in an effort to generate profitable pricing strategies. It falls to Revenue Managers to determine which tools best support their operations and then to integrate them efficiently into their existing systems. Customer Relationship Management, Enterprise Resource Planning, and Online Reputation Management software are basic tools; others include channel managers, benchmark reports, rate shopping tools and review systems, to name a few. The benefits of technology tools which automate large segments of a Revenue Manager’s business are enormous. Freed from the time-consuming process of manual data entry, and having more accurate data available, allows Revenue Managers to focus on analysis, strategies and longer-term decision-making. Still, for most hotels, the amount of data that these tools generate can be overwhelming and so another challenge is to figure out how to effectively utilize it. Not surprisingly, there are some new tech tools that can help to do exactly that. There are cloud-based analytics tools that provide a comprehensive overview of hotel data on powerful, intuitive dashboards. The goal is to generate a clear picture, at any moment in time, of where your hotel is at in terms of the essentials – from benchmarking to pricing to performance – bringing all the disparate streams of data into one collated dashboard. Another goal is to eliminate any data discrepancies between finance systems, PMS, CRM and forecasting systems. The October issue of the Hotel Business Review will address all these important developments and document how some leading hotels are executing their revenue management strategies.