Choosing a Property Management System is as important as any other business decision a hotel can ever make. Many hotels administrators get into the mistake of choosing a wrong Property Management System with limited features, or an unnecessarily bulky Property Management System which cannot still fulfill their administrative needs.<
In the age of experiential luxury, the hospitality industry shifts focus, prioritizing memorable experiences and digital integration to cater to Millennials' quest for unique, share-worthy moments.
In the year 2020 and beyond, data is the real wealth: getting it, owning it, analyzing it, and acting upon it. Too many of hoteliers receive the bulk of their bookings through online travel agents (OTAs) and intermediaries, essentially sharing their guests – and hotel reservation data – with someone else. Time to take back your data and revenue by driving more bookings through your hotel's own website.<
You have a business and like a mother expects from a child, you expect your business to grow to a large scale, where you may not have to worry about money, or about the competition taking you out. In order to achieve such a goal, you need to take strategic steps to secure your success. Such steps might include hiring the best staff, training existing ones to be better, managing resources, marketing campaigns and others.<
The heartbeat of a hotel is its property management system - Property Management System for short. In the past, hotel Property Management System was written down. Today, Property Management System is handled by an application, typically front desk software that incorporates all major touchpoints of the guest experience.<
Resort fees are extra charges for amenities like WiFi and pool access, often seen as deceptive. Typically mandatory, these fees can sometimes be negotiated. Future trends include more transparency and a shift toward inclusive pricing.
Discover how GOPPAR (Gross Operating Profit Per Available Room) serves as a critical metric in assessing a hotel's financial performance and operational efficiency. Learn the formula for calculating GOPPAR, its advantages over traditional revenue metrics
Explore the resilience and profitability of the U.S. student housing market. Learn key investment strategies and risk mitigation techniques to capitalize on this thriving sector.
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A Glamping Management System streamlines operations, boosts guest satisfaction, and drives revenue. Read more to discover how it can elevate your business
AI streamlines property management with automation, predictive maintenance, and improved tenant experiences, offering long-term cost savings and efficiency.
Ship Crew Management is crucial for safe, compliant operations. This guide covers recruiting, training, and welfare best practices, plus modern tools like Crew Management Systems (CMS) to boost efficiency and crew well-being amid industry challenges
Learn how AI transforms student housing by automating tasks, enhancing resident experiences, and driving smarter decisions with tools like Booking Ninjas and Salesforce AI for seamless management and growth
AI-driven maintenance automates repairs, predicts failures, and optimizes energy use. Discover how AI-powered tools reduce costs, improve efficiency, and enhance tenant satisfaction
AI Agents to streamline property management with automation, predictive maintenance, and smarter tenant support, driving efficiency and innovation.
Boost hotel success with accurate occupancy forecasting by leveraging data, trends, and modern tools for better pricing and resource management.
The short-term rental market is booming. Discover essential skills and steps to thrive as an Airbnb property manager, from customer service to business building.
Glamping business insurance is vital for covering risks like guest injuries and property damage. Learn about essential coverage options to safeguard your investment
Transform property management with financial automation—streamline rent collection, expense tracking, and compliance while unlocking real-time insights and scalability.
AI enhances property management but brings privacy risks from surveillance to data breaches. Explore key risks, regulations, and best practices for secure AI use.
Dock Management involves overseeing dock safety, slip assignments, maintenance, and using tech solutions to enhance marina efficiency and boater satisfaction
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