Hotel Lincoln adopts ROH platform to enhance payment processing

The platform's adoption is set to improve the collaboration between the hotel's sales and finance teams.

Upasana Mukherjee August 21 2024

Hotel Lincoln, a member of the JdV by Hyatt collection, has selected the ROH platform to track and reconcile bookings seamlessly and accelerate payment processing.

This move offers the hotel clear visibility into transactions, ensuring that card-on-file collections and authorisations are captured and tracked effectively.

The adoption of the ROH payments and revenue management platform is said to improve the collaboration between the hotel's sales and finance teams, translating into better client experience.

ROH CEO and founder Jess Conroy said: “In the fast-paced hospitality industry, where properties manually manage hundreds, even thousands, of bookings that each has differing payment schedules, properties are facing unnecessary risk due to ageing AR [accounts receivables].

“At ROH, we’ve worked hand-in-hand with finance and sales teams to understand the root of these challenges and create a system to minimise that accounting risk. It’s gratifying to see partners like Hotel Lincoln reap the rewards of our technological efforts to seamlessly manage accounting and AR needs, ultimately increasing profitability.”

Situated in Chicago, the hotel offers around 200 rooms and suites designed by interior designer Andrew Alford.

It has dining options such as Sushi Suite 202, J Parker Rooftop Bar, Elaine's Coffee Call, Sushi By Bou Lincoln Park and more.

Hotel Lincoln also offers event spaces of approximately 5,000ft², a Joy of Meetings programme, a 24-hour fitness centre, and a business centre.

Earlier this year, Evolution Hospitality's Inn at Rancho Santa Fe Hotel in California also adopted the ROH platform.  

This move was aimed at automating systems and transforming the management of contracting, invoicing, and payments at the property.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close