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8 functions of a property management system | Mews

MEWS

8 functions to look for in a property management system If you're unsure what a PMS is and what it does, you may not understand why you need one or what functionalities it offers. A property management system is software designed to help organize, execute and track daily operations in a hospitality business.

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Top 4 Benefits of Seasonal Pricing for Hotels

InnQuest

Pricing plays a crucial role in determining the success of any business. When it comes to hotel businesses, one must continuously strive to achieve a balance between the customer experience and pricing. Hotels follow different pricing strategies to get there and seasonal pricing remains one of the most important.

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What is Reservation Software for Small Hotels? How does it work?

Hotelogix

Reservation software for a small hotel is like a helpful assistant that makes booking rooms easier. It lets hotels manage bookings, shows room availability online, and keep track of guest details. What is hotel reservation software for small hotels? What are the benefits of reservation software for small independent hotels?

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What is a Hotel PMS? All about Hotel Property Management System

Hotelogix

A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information. What is Hotel PMS?

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Hotel Dynamic Pricing: Balancing Profitability & Guest Loyalty

Hotelogix

We have witnessed firsthand the evolving landscape of hotel revenue management. In this context, hotel dynamic pricing is one of the most critical elements. What is dynamic pricing in hotels?  It enables you to stay competitive by adjusting rates in response to market fluctuations and competitive pricing strategies.

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Hotel Forecasting- Methods, Reports & Software to use

Hotelogix

It is an essential practice for hoteliers and revenue managers to optimize pricing, maximize occupancy, and enhance overall profitability. Revenue managers utilize historical hotel performance data, current industry trends, and future demand to make informed projections to maximize revenue. What is Hotel Forecasting?

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Implement a Cloud PMS Software to Deliver Exceptional Guest Experience

InnQuest

One such tool that has been making massive waves in the industry is cloud property management software (PMS). This software provides a centralized platform that can be accessed anywhere, anytime, and on any device. That’d be sure to put a smile on their face.