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HOT TOPICS
- The Accelerator Conundrum
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- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
ric leutwyler
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 6)
Sramana Mitra: What is an average deal size for you? Ric Leutwyler: For independent hotels, which average 80 rooms per hotel, the deal size is $5,000 a year or more. If you’re talking about a Choice hotel as a group, it is around $25 million. It depends on whether we’re selling to independent hotels, small group, or giant
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 5)
Sramana Mitra: In a 30-second elevator pitch, what would be the target audience where you really shine? Ric Leutwyler: Our target audience is the hotels that are in the limited to full-service range. They are looking for an economical approach, which they get from cloud solutions. They’re looking for the functionality that they need today but are
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 4)
Sramana Mitra: Your number one competitor is Oracle, based on what I just heard, because Oracle is moving all their stuff to the cloud. It’s reasonable to expect that you’re going to have Oracle as a major competitor because Oracle has a big emphasis over on-cloud technology. Ric Leutwyler: Of course. There are a number of others
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 3)
Sramana Mitra: Does the team at SkyTouch have ownership? Are there options? Ric Leutwyler: The compensation is a mixed bag. There is some level of ownership but there isn’t anything to own yet of SkyTouch because there isn’t a separate entity to have valuation in. Our plans to create that kind of equity opportunity for
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 2)
Ric Leutwyler: That was about the time when Choice Hotels contacted me and said they wanted someone to come in who has experience in hospitality and technology and also has entrepreneurial interest. They thought I may be a fit for that and I remember walking out and texting my wife that this was a dream job. This is
Building a Cloud-Based Property Management Platform, Ric Leutwyler, President of SkyTouch (Part 1)
Everything is moving to the cloud and hotels are no exception. Read on! Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? Ric Leutwyler: I was born in Austin, Texas. I have moved 18 times in my life and career in the US. I have
