AAHOA Launches Folio-Powered Marketplace for Self-Service Hotel Procurement

The Asian American Hotel Owners Association (AAHOA), procurement tech provider Folio, and GPO Avendra International officially launched the AAHOA Marketplace, a free digital procurement portal available to AAHOA's 20,000 members. The platform combines Avendra's negotiated GPO pricing with Folio's automated procure-to-pay software, offering self-service onboarding, linking up to five existing suppliers and placing orders within minutes, AI-powered invoice coding, a centralized cart and order-tracking dashboard, and mobile management of purchasing approvals, digital invoices, and vendor payments via ACH or virtual cards. HT notes enterprise procurement software usually demands months of imple…