Simpson Norton Corporation provided all the golf maintenance equipment, and Fred Balzarini managed the transaction on behalf of Simpson Norton. Simpson Norton is the premier turf equipment and golf course irrigation solutions provider in the Southwest, as well as the Toro Distributor for Arizona, New Mexico, Southern Nevada, parts of West Texas and Southern Colorado. Simpson Norton’s knowledgeable sales team, parts department and service technicians (both in-house and in-field) provide comprehensive one-stop turf equipment and golf course irrigation solutions.

“La Paloma Resort & Spa’s was using older golf course maintenance equipment that needed to be replaced,” said Deven Fusilier of TEQlease Capital’s Hospitality division. “We worked well as a team with La Paloma Resort & Spa and Simpson Norton Corporation, and all of this was made easier because they were both well-organized and prepared in the approval and the equipment ordering process.”

TEQlease Hospitality Equipment Finance provides financing for new up to date equipment for hotels. TEQlease Hospitality Equipment Finance can provide financing for golf equipment, vans, kitchen equipment, new wireless infrastructure, software, IT equipment and more to any hotel in the United States and the Caribbean. Email Deven Fusilier at dfuselier@teqlease.com for a detailed financing quote suitable to your hotel needs. TEQlease Hospitality Equipment Finance is a division of TEQlease Capital, founded in 2000 in Calabasas, California. For more information visit www.TEQlease.com

The post TEQlease Finances Golf Maintenance Equipment for The Westin La Paloma Resort & Spa appeared first on TEQlease Capital.

Hotels and hospitality chains are having to rethink the configuration of gyms, bars/restaurants, spas, and other misc. items on their properties. However, with the shelter at home in place we have seen hotel chains have intense innovations to weather this storm that is COVID19. The hotel industry is very resilient and we should start to see more keyless operations, higher cleaning and sanitation standards, and “roomier” hotel layouts. With these changes comes big questions about how to obtain everything your hotel needs to be up to code for guests to feel comfortable as we start traveling again.

TEQlease Hospitality Equipment Finance provides new up to date equipment for hotels. TEQlease Hospitality Equipment Finance can provide financing for new wireless infrastructure, software equipment, IT equipment and more to any hotel across the U.S. Contact us at 818-222-1006 or marketing@teqlease.com for a detailed financing quote suitable to your hotel needs.

The post COVID19: Financing Your Hotel Equipment During a Pandemic appeared first on TEQlease Capital.

Joe Jensen, Intel Vice President stated “Our collaboration with The Sinclair is one of a growing number of examples how IoT technology is making building smarter and allowing hospitality providers to build richer, more personalized and powerful experiences for guests and associates.” IoT systems provide an opportunity to increase customer service satisfaction, allowing hotel staff to manage guest reservations and connect to management software anywhere
within the hotel using a mobile device. In an effort to go green, The Sinclair is the first hotel to power itself. Guests staying at The Sinclair can opt in for 20 minutes or more of cardio workouts to generate power throughout the hotel. Establishing the Sinclair as one of the most ecofriendly properties in the world. Farrukh Aslum CEO and President of Sinclair Holdings aims to utilize Intel’s IoT technology in the future of the hospitality industry. Aslum conveyed “By using the latest connected technology from Intel and our other partners, we can offer guests the absolute best experience from the moment they walk through the door.” Sinclair Holdings LLC aims to input digital aspects into future hotels, in the hopes of improving hospitality environments. Guests will soon have the ability to pre-set room customizations using the Marriott app before checking into future rooms at hotels. IoT technology will continue to become integrated with hotels around the world, providing each guest with a personable and positive hotel experience.

As hotels look to expand and digitalize the future of the hospitality industry, TEQlease Hospitality Equipment Finance provides new up to date equipment for hotels. TEQlease Hospitality Equipment Finance can provide financing for new wireless infrastructure, software equipment, IT equipment and more to any hotel across the U.S. Contact us at 818-222-1006 or email us at Hreth@teqlease.com for a detailed financing quote suitable to your hotel needs.

The post Intel and Sinclair Holdings Will Open First All- Digital Hotel appeared first on TEQlease Capital.

• Beds
• Fitness Equipment
• Golf Carts
• Lounge Chairs
• Phone Systems
• Wireless Infrastructure
• Tables
• Vans/Trucks
• Restaurant Equipment
• Security Systems
• Software
• HVAC Systems
• And more!

We also offer deferred payment programs, annual or monthly payments, and we can tailor a customized finance structure for your hotel. Provide your hotel with up to date equipment: Contact Henry Reth for a detailed financing quote and analysis of your customized lease finance structure. Give us a call for a free quote at 818-222-1006 or contact us by email at hreth@teqlease.com.

The post What can TEQlease Hospitality Equipment Finance do for you? appeared first on TEQlease Capital.

So begins an excellent article about Project Management in the hospitality industry.  You can read the full article here.

The only thing that this article doesn’t mention is how to best pay for a project.  That’s where a company like TEQlease comes in.  We have a wide ranch of experience financing equipment related projects, including financing components that many other companies won’t, including a variety of ‘soft’ costs.

If your hotel is looking to upgrade technology or acquire any new equipment, lease financing may be the right option.  Lease financing not only allows hotels to spread out the acquisition costs of the equipment, but it may also provide tax advantages, protection from obsolescence, and improved cash flow.  To learn more visit us at www.teqlease.com or click here to set up a time to talk and get a no obligation lease financing consultation.

About TEQlease
TEQlease Capital is a nationwide provider of equipment lease financing solutions across all industries.  In the hospitality industry, TEQlease Hospitality Equipment Finance provides lease solutions for golf equipment, fitness equipment, restaurant equipment, telephony, media equipment, television solutions, IT infrastructure, wireless solutions and more.

The post Equipment Lease Financing & Project Management in the Hospitality Industry appeared first on TEQlease Capital.

According to Hotel News Now, the hotel industry saw growth in both occupancy and rate, and this contributed to making April the strongest month of the year so far for revenue-per- available-room growth.  Consumer spending also reached its highest level since August 2009.  With continued strong numbers into the end of May, many industry experts are projecting a prosperous summer for the hotel industry.

If your hotel is thinking about purchasing equipment, now is the time to buy and consider financing.  Hotel owners are taking advantage of the strong industry numbers and conserving their capital through financing in order to maximize the amount of equipment they can acquire.  This coupled with relatively low interest rates, makes it the ideal time to buy.  As evidenced by the December interest rate increase, we are now officially in an economic environment with rising interest rates.  The longer you wait to buy, the more expensive financing becomes.  It is important to lock in your rate before they increase again.

If your hotel is looking to upgrade or acquire new equipment, visit us at www.teqlease.com or click here to set up a time to talk and get a no obligation lease financing consultation.

TEQlease Capital is a nationwide provider of equipment lease financing solutions across all industries.  In the hospitality industry, TEQlease Capital provides lease solutions for golf equipment, fitness equipment, restaurant equipment, telephony, media equipment, television solutions, IT infrastructure, wireless solutions and more.

The post Strong Hospitality Growth in April and May appeared first on TEQlease Capital.

TEQlease Capital helps hotels acquire needed equipment by providing customized lease financing solutions.  Some examples are below.  But first, here is what two of the executives had to say.

Elie Maalouf CEO, The Americas, InterContinental Hotels Group

“I think it’s a really good time to focus on your properties. I think it’s a good time to understand what the focused investments (are), the key strategic investments you can make in your properties to put yourself in a position for when things might slow down a little bit and you want to be in a strong share position. What are the technology investments you want to make? What are the renovation investments you want to make right now while costs are still pretty good?”

Steve Joyce President and CEO, Choice Hotels International

“Make investments now because at some point, things will slow down to a much more normal rate. Get your projects done and open into 2018. If you’re going to invest in your property, do it before the end of 2018, and we’ll see what happens.”

Read what the rest of the executives said here

TEQlease Capital Provides Financing to Starpass Resort & Spa for Golf Course Maintenance Equipment

If your hotel is looking to upgrade or acquire new equipment, visit us at www.teqlease.com or click here to set up a time to talk and get a no obligation lease financing consultation.

TEQlease Capital is a nationwide provider of equipment lease financing solutions across all industries.  In the hospitality industry, TEQlease Capital provides lease solutions for golf equipment, fitness equipment, restaurant equipment, telephony, media equipment, television solutions, IT infrastructure, wireless solutions and more.

The post Industry Leaders Say Now Is The Time To Acquire New Equipment For Your Hotel appeared first on TEQlease Capital.

On-line reservation systems have been around for a long time.  More recently, sites like TripAdvisor and Yelp have changed the way customers gather information and make decisions about travel.  Now there’s a new concept people are referring to as the “Internet of Things” or IoT.

IoT is all about collecting information from sensors, devices and other sources and using that information intelligently.  For an idea about how this is being used in the Hospitality industry, click here.

In the Hospitality industry, it’s all about improving the customer experience and IoT can be a great way to do that.  Imagine letting a resort customer order food by the pool using their tablet.  Or being able to recognize when they are coming back to the room and adjusting the temperature accordingly.  And why make them carry a room key when they can use their phone?

We are rapidly entering a period where the technology for these types of services is readily available.  The limiting factor will be the industry’s ability to understand the services demanded by their customers, design those services and effectively implement them.

What kind of services would your customers want?  We welcome your comments below.

The post The Hospitality Industry & the Internet appeared first on TEQlease Capital.