Hotelogix

DECEMBER 17, 2024

Chargebacks are recurring in the hotel industry, costing hotels time and money. Studies show that hotels lose up to 20% of their annual revenue to chargebacks caused by guest disputes, unclear cancellation policies, and OTA-related miscommunication. Common Causes of Chargebacks 1. This often results in costly chargebacks.

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Document Communication Book Reservations 100

Hospitality Net

AUGUST 2, 2023

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technology, today announced an expanding partnership with Omniboost, an innovative integration provider connecting PMS systems with leading accounting, point-of-sale (POS), and other hospitality platforms.

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Accounting Property Management 96

Hotelogix

MARCH 21, 2025

But what if I told you there’s a better way to understand the true earning potential of your hotel? Enter EBITDAR —a lesser-known but highly effective financial metric that provides a clearer picture of a hotel's operational performance. And Why Should Hotels Care?) And Why Should Hotels Care?)

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Accounting Demo Marketing Blog 100

Hospitality Net

MAY 3, 2023

Stayntouch, a global leader in cloud hotel property management systems (PMS) and guest-centric technologies, has partnered with Owner Relations, a leading provider of accounting solutions for fractional and whole-ownership condominium hotels, to deliver a seamless integration to the Stoweflake Mountain Resort & Spa, a premier Vermont luxury resort (..)

Accounting 95

Accounting Property Management 95

SiteMinder

JANUARY 8, 2025

A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.

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Book Blog Catering Marketing 96

Hotelogix

APRIL 11, 2025

Did you know that hotel taxes contribute billions of dollars annually to local economies, funding everything from infrastructure projects to tourism promotion? In this comprehensive guide, we will explore hotel taxes in depth, covering their definitions, types, calculations, and regulations worldwide. What Is Hotel Tax?

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Revenue Hub

NOVEMBER 18, 2024

Food festivals are your friend, expected to account for $560.3 But hotels can also offer this convenience. With WebRezPro Property Management System, hotels can combine multiple rooms and sell them as a single “virtual” unit. The more people in the party, the higher chance of allergies and intolerances.

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Travel and Tourism Article Book Blog 103

MEWS

DECEMBER 5, 2024

A PMS integration connects your property management system (PMS) with other tools and systems to streamline operations and ensure seamless collaboration.

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POS Systems Property Management Accounting 130

SiteMinder

DECEMBER 8, 2024

Typically referring to email, a unified inbox brings different accounts together so you can easily see where you have new messages and switch between accounts to send responses. Table of contents Why is it important for property management to have a unified inbox?

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Communication Property Management Accounting Blog 52

Hotelogix

AUGUST 21, 2024

Night Audit in Hotel Front Office is a significant part of a hotel's accounting process. This process records, reviews, and collates all the hotel's financial activities in one day and posts them on appropriate account heads. What is Night Auditing in the Hotel Industry?

Accounting 130

Accounting Property Management Demo Book 130

STAAH

FEBRUARY 12, 2025

Integrating a property management system (PMS) with a channel manager is like orchestrating a symphony – every instrument must be in sync to create harmony. With the Oracle Hospitality Integration Platform (OHIP), hotels can smoothly connect to OPERA PMS, much like a conductor guiding musicians with precision.

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Reservations Document Maintenance Accounting 107

Hotelogix

NOVEMBER 28, 2024

With their combination of space, flexibility, and cost-effectiveness, serviced apartments are a smart alternative to traditional hotels, especially for longer visits.  Serviced apartments are fully furnished spaces that combine the comforts of home with hotel-like services.   What are Serviced Apartments?

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Marketing Blog Information Reservations 130

Hotelogix

OCTOBER 30, 2024

The Front Office Department serves as the heart and soul of any hotel, acting as the first point of contact and the lasting impression for guests. As soon as a guest steps through the door, the front desk team becomes the face and voice of the hotel, embodying its values and setting the tone for the entire stay.

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Front Desk Operations Guest Satisfaction Maintenance Training 162

Hotelogix

JANUARY 10, 2025

Even though there are loads of reservation tools out there, many small hotel operators are going with something they already know how to use: Google Calendar.  But is the booking system with google calendar the right choice for your hotel business ? Let's Break It Down Google Calendar helps you manage time and schedule tasks.

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Book Reservations Scheduling Housekeeping 100

Hotelogix

OCTOBER 24, 2024

But when integrated, they help a hotel in reducing costs, increasing operational efficiency, improving staff competence, and in serving guests better. It is a software application that helps you manage your daily operations. It automates and streamlines hotel operations across all the departments.

Book 130

Book Server Reservations Property Management 130

InnQuest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

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Pricing Book Marketing Blog 220

Hotelogix

OCTOBER 19, 2023

Managing daily hotel operations is undoubtedly a complex and stressful task. We are talking about the Hotel Property Management System, also called the Hotel PMS System. In fact, today, when we say digitization of hotel operations, it indicates the adoption of the Hotel PMS System. Stay tuned. 

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Hospitality Net

MAY 22, 2024

In the hospitality industry, operational reports delivered through Property Management Systems (PMS) are critical for running a smooth hotel operation. More complex hotel operations integrate these reports into third-party systems for specialized tasks such as rate optimization or accounting.

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Hotelogix

OCTOBER 17, 2024

Running a hotel isn't just about providing a great guest experience; it's also about understanding the numbers behind your operations. Key Performance Indicators (KPIs) play a crucial role in this process, acting as essential tools that can help hotel managers and owners gain insights into their property's performance.

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InnQuest

NOVEMBER 30, 2022

Subject per account. The post Introducing our latest payment processing solution – roomMaster Payments appeared first on Hotel property management software, PMS software | innQuest Software. Some of the key benefits of roomMaster Payments include – 100% cloud-based. 3x to 5x faster transaction speed.

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Travel and Tourism Demo Pricing Accounting 217

InnQuest

SEPTEMBER 28, 2022

Modern-day hotel tech is constantly being upgraded to cater to evolving guest preferences. However, the rising complexity of hotel management tech may reach a point where it restricts your hospitality staff from offering first-class guest service. Key Pillars of a Guest-centric Cloud Property Management System.

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Revenue Hub

JANUARY 15, 2024

They are a well-established offering in most hotels, customers love them, and they are not going away. NB: This is an article from Hotel Financial Coach On the other hand, most hoteliers are at a loss to properly set up and manage the transactions so that they do not end up with a mess in their books and systems.

Accounting 109

Accounting Pricing Article Property Management 109

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount.   Rate/revenue management A large hotel with 200+ rooms will have multiple room types. It will lead to revenue leakage.

Housekeeping 147

Housekeeping Regulatory Compliance Guest Satisfaction Maintenance 147

Hotelogix

JUNE 28, 2024

The Hotel cancellation policy allows guests to cancel reservations up to a specified time before check-in. After this period is crossed, hotels may apply a cancellation fee, a percentage of the booking amount, or the entire booking cost.   Why Should Hotels Have Clear Cancellation Policies?  

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Reservations Book Demo Accounting 130

STAAH

APRIL 30, 2024

Tech switching in the hotel industry refers to the process of adopting new technologies or upgrading existing systems to improve operational efficiency, enhance guest experiences, and stay competitive. Mobile technology integration: Hotels are increasingly leveraging mobile technology to enhance guest experiences and streamline operations.

Communication 113

Communication Guest Services Property Management Reservations 113

Revenue Hub

DECEMBER 4, 2023

Modern revenue management solutions rely not just on historical data from a hotel’s property management system, but also on an array of market information and other data ranging from competitor rates to eating patterns.

Pricing 109

Pricing Special Events Accounting Article 109

Hotelogix

JULY 11, 2024

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. From setting the right prices to attracting the right guests, every decision you make impacts your hotel's bottom line.   What is Revenue Management in Hotels?

Pricing 130

Pricing Download Book Budgeting 130

Hotel Business

JANUARY 6, 2025

As hotel operators recognize that investing in energy efficiency can lower operational costs and enhance cash flow, momentum for sustainability continues to grow. Hotel cost controls Despite the rising cost of utilities, one bright spot among hotel expenses the past two years has been utility costs. This is almost half the 6.6%

Pricing 52

Pricing Events Scheduling Marketing 52

Revfine

MARCH 20, 2025

A hotels property management system (PMS) is the backbone of daily operations, touching nearly every department - from front desk and housekeeping to revenue management and accounting. In theory, a PMS should streamline operations, reduce friction, and create a seamless experience for both employees and guests.

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Housekeeping Accounting Property Management 83

Hotelogix

OCTOBER 18, 2023

In this context, hotel management software has revolutionized the industry globally. Whether a small independent property or a hotel chain/group, hotel management software has empowered hoteliers to efficiently manage their end-to-end operations and improve their overall service quality.

Housekeeping 130

Housekeeping Reservations Server Accounting 130

Revenue Hub

APRIL 29, 2024

If you own a hotel, you most likely have listings with several online travel agencies (OTAs), such as TripAdvisor, Airbnb, and Expedia. Channel Manager for hotel software manages the real-time, safe, and secure online distribution of your hotel’s rooms. That’s where most of your guests are, so that’s why.

Reservations 109

Reservations Book Article Information 109

Revenue Hub

APRIL 19, 2024

In the realm of boosting direct bookings, numerous hotels find themselves constrained by a finite set of strategies. This is where hotel metasearch becomes so important, particularly for independent hoteliers. The above only accounts for one fraction of the space that metasearch systems encompass.

Marketing 109

Marketing Book Article Reservations 109

InnQuest

AUGUST 11, 2022

T his blog covers everything you need to know about roomMaster Anywhere – From securing bookings and streamlining operations to managing a workforce and enhancing the guest experience, there’s a lot that goes behind efficient property management. and shares real-time updates across channels. About InnQuest.

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Book Blog Property Management Housekeeping 130

Revenue Hub

JUNE 20, 2024

Guests shop for hotel stays, peruse reviews, secure a booking, attend their stay and depart with a review in mind. Operators can take a proactive stance using modern property-management systems (PMS) and do just that. The hotel PMS has evolved to facilitate guest stays and delight travelers wherever possible.

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Front Desk Operations Communication Information Accounting 109

Revenue Hub

MAY 17, 2024

Consider your competition and other factors impacting pricing and availability (like major annual events) to ensure your property is priced competitively. A revenue management system (RMS) is a big help here. Read the full article at WebRezPro The post Peak Season Prep: An Independent Hotel Checklist appeared first on Revenue Hub.

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Pricing Article Information Book 109

eZee Absolute

NOVEMBER 11, 2024

As hotels welcome guests from diverse backgrounds, the risks of fraudulent activities continue to increase. Hotels and resorts face daily threats, from fraudulent reservations to stolen identities at check-in. Plus, we’ve listed some of the best fraud prevention strategies you can leverage to protect your hotel business.

Information 59

Information Reservations Guest Satisfaction Book 59

Revenue Hub

APRIL 25, 2023

NB: This is an article from M3 Automated processes promote hoteliers to build financial and operational success within hotels that are necessary to remain competitive in the market. Manual Accounts Payable processes are one example of outdated processes that automation brings a solution to.

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