Who We Serve > Hospitality

Hospitality

Riveron makes travel, tourism and lifestyle clients feel at home.

Driven by strong demand for tourism and business travel, the hospitality industry is seeing an increasing number of mergers and acquisitions and a high rate of new property development. Hotel management and franchise companies, real estate investment trusts and multi-scale investors are engaged in innovative financing, debt restructuring and partnership agreements. Meanwhile, competition among properties, brands and service offerings present a constant challenge for hospitality organizations. In response, the industry has adopted innovative service packages such as rewards programs, online booking, and digital service offerings such as check in apps, mobile room keys and target marketing – all of which have increased customer privacy, data management and cybersecurity risks. These factors have led to an increased focus on financial and operational compliance monitoring, debt structure reporting, data management efficiencies and internal controls.

Riveron helps our hospitality clients comply with standards and provides effective end-to-end cost management at the corporate and property level. We also manage proactive debt covenants monitoring to meet customer expectations and investor ROI targets. With newly introduced brands, services and market segments, many hospitality clients are now seeking new opportunities with Riveron to leverage economies of scale through process synergies, systems integration and shared services.

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