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Category Archives: Press Release

Fabtex Holds Annual Nat’l Sales Meeting

On Tuesday, May 2nd, Fabtex Inc. held its National Sales Meeting during the HD Expo in Las Vegas. The annual meeting was attended by approximately 40 sales representatives and various Fabtex employees and executives.

Michael Feterik, chairman and CEO of Fabtex, Inc., commenced the meeting by thanking everyone for their hardwork, efforts and dedication to Fabtex. Feterik went on to discuss the current state of Fabtex, how to build prosperous and lasting relationships and the importance of being proactive.

Fabtex, Inc. Michael Feterik, chairman and CEO, Christina Caravello, VP of Operations, Sheila Sudra, Sales Manager and Kevin Feterik, Vice President at the 2017 HD Expo in Vegas.

Each year the annual meeting focuses on improving the sales strategy process and how sales representatives interact or communicate with clients. This year’s meeting was mainly focused on project tracker and manufacturing lead times.

“Sales reps have been very engaged in learning how they can improve their support to us and managing expectations to the customers,” said Christina Caravello, Fabtex, Inc. Vice President of Operations.

Project tracker allows sales representatives to monitor and track sales orders from start to finish to assure accuracy, updates, approvals and completions during different phases of the process.

Caravello also expressed the importance of manufacturing lead times.

Dave Deters, Vice President of Sales & Marketing, speaks at the 2017 Fabtex, Inc. National Sales Meeting in Las Vegas, NV.

“Everyone has an impact on our lead times, including the Sales department, starting with the quote’s accuracy, down to the shipping department verifying all has shipped,” said Caravello.

Typically, lead time starts from the receipt of fabric, measures and/or prototype approval.

Dave Deters, Vice President of Sales & Marketing, who was also in attendance expressed the importance of being proactive by being over prepared, before and during the sales process.

“We should be prepared for every question and situation. The more resources, tools and information we have make it easier and more convenient when it comes to satisfying client needs,” said Deters.

Deters believes being a ‘jack of all trades’ is key to Fabtex sales representatives continued success.

Milwaukee, Wisconsin Journal Sentinel News – Summer 2014

By Tom Daykin of the Journal Sentinel – August 4, 2014

With this month’s opening of their new 381-room hotel, Potawatomi Hotel & Casino officials expect a big increase in casino customers staying overnight in Milwaukee.

That means more revenue for the Forest County Potawatomi Community, which owns the entertainment and hotel complex that includes restaurants, banquet rooms and the 500-seat Northern Lights Theater. It’s the latest stage in the evolution of a business that was launched in 1991 as a 2,000-seat bingo hall.

It also could cut into revenue for nearby hotels that traditionally have gotten some action from the Menomonee Valley gambling mecca.

“Any new hotel is going to have an impact on the overall lodging supply in the downtown area,” said Greg Hanis, a hotel industry consultant. “Some of that (casino) business is currently staying at downtown hotels.”

“Supply always has an impact,” agreed David Loeb, a hotel industry analyst at Robert W. Baird & Co.

The upscale hotel is expected to draw new patrons to the casino at 1721 W. Canal St.

It will expand the casino’s customer draw from a 25-mile radius to a 100- to 150-mile radius, said Hassan Abdel-Moneim, hotel director, during a Monday media open house at the 19-story hotel. It opens for guests on Aug. 18.

Leisure travelers from places like Madison, the Fox Valley and the Chicago area will likely book rooms not just to visit the casino but also to attend lakefront festivals and other events, he said.

“There are a lot of reasons to come to Milwaukee,” Abdel-Moneim said.

In addition, the hotel already has booked three group events that will generate business for other hotels, he said.

That includes a veterans motorcycle rally in the summer of 2016 that needs about 1,000 rooms, Abdel-Moneim said. The Potawatomi Hotel will be the event’s main hotel, with 300 rooms, while the remaining 700 rooms will be at other local hotels.

“We’re starting to bring business to the city,” he said. “Our focus is on regional and national business.”

The $97.5 million Potawatomi Hotel includes Locavore, a full-service casual restaurant. The hotel’s other features include a lobby bar, Stone Creek Coffee shop and 12,000 square feet of meeting rooms aimed mainly at business groups and associations.

The hotel was built on nontribal land, and is paying property and room taxes, while creating 230 full- and part-time jobs. Unlike the casino, which is attached with two covered walkways, the hotel is smoke free. Gilbane Building Co. is the general contractor and PNC Bank provided financing.

The building has 365 standard rooms, along with 16 suites. The average daily rate will range from $150 to $250, depending on the season, said Ryan Amundson, Potawatomi Hotel & Casino spokesman. The 3,000-square-foot presidential suite — about nine times the size of a standard room — costs $4,000 a night.

The hotel will likely draw people who wouldn’t otherwise stay overnight in Milwaukee, Loeb and Hanis said.

But Hanis, who operates Hospitality Marketers Inc., said a 2012 estimate by the Potawatomi tribe’s consultant that new guests to Milwaukee will account for 90% of the hotel’s business is “very hard to believe.”

Without conducting his own analysis, Hanis’ best guess is that the share of new guests will be closer to 50%.

Hotels within a mile or so of the casino are the most likely ones to lose business to the Potawatomi Hotel, Hanis said. The DoubleTree Milwaukee Downtown, 611 W. Wisconsin Ave., and Hilton Milwaukee City Center, 509 W. Wisconsin Ave., might be the most vulnerable, he said.

The 243-room DoubleTree has done “fairly well” in attracting casino patrons, said Jeff Welk, general manager.

“At this point, obviously, a lot of that will go away,” Welk said.

That won’t be a huge blow, he said.

This year, room bookings tied to events the DoubleTree promotes with the casino are expected to make up about 4% of the hotel’s total bookings, Welk said. The DoubleTree also draws other casino customers who book rooms on their own, and Welk hopes to continue to capture some of that business.

Still, no business wants to lose revenue.

Marcus Corp. Chief Executive Officer Greg Marcus told analysts during a July 24 earnings call that he didn’t know how the new hotel would affect the company, which operates the Hilton and two other downtown hotels.

“Time will tell what impact this hotel will have on the market,” Marcus said, according to a call transcript. “They believe that the majority of their occupancy will represent new demand to the marketplace as people come to gamble at their casino. We obviously hope they are right.”

Marcus said last year that the Potawatomi Hotel was among several downtown projects that were creating “an unjustified increase in supply” that could hurt the company unless demand increased in the downtown hotel market.

One concern for other downtown hotel operators is the possibility of the Potawatomi Hotel aggressively cutting room rates during slow times, Loeb and Hanis said.

Some casinos view their hotels as “loss leaders” and are willing to offer deep discounts to get gamblers to stay overnight, Hanis said.

However, both Loeb and Hanis also said downtown Milwaukee hotels are enjoying strong occupancy rates.

“Frankly, demand has been better than I expected,” Loeb said.

Press Release – May 2014

U.S. and European Window Fabric Leaders Collaborate to Serve the Hospitality Industry

Coulisse_FC

A fashion and climate forward partnership, announced today (May 8, 2014) by U.S. and European fabric leaders Fabtex and Coulisse, may forever change the way the hospitality industry thinks about window treatments in the 21st Century.

Fabtex, America’s largest fabricator of bedding and window treatments for the hospitality and healthcare industries, and  Coulisse, the Netherlands-based leader in  Euro window fashion, believe  their extensive selection of contemporary designer fabrics and natural wood finishes for window coverings soon will  become the hospitality industry standard.

Ready to supply industry needs, from the most basic to the most sophisticated installations, Fabtex and Coulisse are introducing their collaborative Fabtex/Coulisse Contract Collection at the 2014 Hospitality Design Expo, May 14-16, 12014, Mandalay Bay Conference Center, Las Vegas.

Panel Shades in a Hotel Room

Coulisse, under the partnership
terms, will design the Contract Collection shade fabrics and wood blinds and Fabtex will fabricate them in the U.S. and install them as the exclusive Coulisse U.S. hospitality distributor.

The collection contains fabrics in an extensive color palette suitable for roller blinds, vertical blinds and panel blinds.  The collection also will feature top-quality natural wood Venetian blinds and XL Pleat Blinds.

“Window decorations are more than just products, they are an expression of style and individuality.
We want to exceed the functional level in offering a new contemporary look so that shading can truly become an interior style element,” said Coulisse founder Christiaan Roetgering.

Fabtex, which also provides bedding and window treatments for healthcare and government, now offers both Coulisse and Pure Shade motorized window treatments, two of the most effective climate control product lines in the world.

Design Lobby Shading System

Press Release – May 2009

Genesis Fabrics by Fabtex™

May, 2009
Bill Friese
800.431.1682
Bill.Friese@fabtex.com

genesis 1 logoFabtex has been an innovator in hospitality bed coverings and window treatments since 1986, making it easy for designers to create beautiful room designs with diverse bedding collections.   Genesis Fabrics by Fabtex™ represents a new dimension in fabrics for bed coverings and window treatments. With over 200 SKU’s, the collection features a broad selection of bold colors and patterns specifically designed and manufactured for hospitality use.

Laura & Bernadine

Patterns Shown: Laura and its coordinate Bernadine in 5 colorways each.

The fabrics are yarn dyed (versus printed) 100% FR polyester, providing an incredibly soft hand and a higher level of fabric sophistication and dimensionality. The fabrics have the look and feel of fine Italian textiles, without the premium price. The diverse patterns in the collection are available in five colorways, each with a complementary coordinate. And because the fabrics are woven, many patterns in the collection are reversible, enhancing the creative opportunities available to designers.

Hotels typically update bedding every 4-5 years and draperies every 7-8 years. This allows a hotel to keep up on current style and color trends, breathing new life into guest rooms at an affordable price. In this difficult economy, Fabtex recommends that hotels consider doing a “soft” renovation – updating their bedding and draperies to give the guest room a fresh look without the cost of a full renovation.

Fabtex is well positioned to save hotels money on bedding and drapery products. Their specially engineered 118” width fabrics enable the production of seamless bed coverings and draperies (instead of having to piece fabrics together). This saves costs in manufacturing and provides an enhanced appearance in finished products.

The entire Genesis Fabrics by Fabtex™ collection can be viewed, and samples can be ordered online on the Fabtex web site at www.fabtex.com.

ABOUT FABTEX
Fabtex is a leading fabricator of hospitality bed coverings and window treatments. Three production facilities strategically located across the U.S. allow Fabtex to efficiently measure, fabricate, deliver and install products for hotels worldwide. For more information, visit www.fabtex.com.