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Hotel Data Management: Solutions and Practices to Turn Information into a Valuable Asset

Altexsoft

Hotel business produces a plethora of data literally every moment. Let’s take a closer look at major data management processes — data collecting, storing, and analyzing — as applied to the hotel domain. Hotel data collection: what and where to look for. Important hotel data sets and overlaps between them.

Hotels 18
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Central Reservation System for Hotels: CRS Functionality and Software Explained

Altexsoft

Today, the share of walk-ins in the hotel industry keeps reducing annually. At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website.

Hotels 76
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

Hotels 64
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2017 Expectations: 5 Areas Where Technology Will Continue to Revolutionize Business Processes

CTOvision

Technology continues to shape business along lines that are already becoming familiar. Cloud computing allows both small and large companies to share information and access services over the internet. More robust Wi-Fi networks and more advanced mobile devices are allowing staff to work outside the office.

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PMS API Data for Third-Party Apps: How to Become an Integration Partner of Leading PMSs

Altexsoft

That’s why most hotel management systems today are open to partnerships with independent software vendors to easily expand their capabilities and satisfy clients. Mews integration – simple approval and certification Mews is another popular PMS used by over 3,000 hotels, hostels, and vacation rentals, including Accor.

Hotels 52
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OTA Rates and Building ?ommission Engine: Best Practices and Lessons Learnt

Altexsoft

They help hotels, airlines, car rental services, and other suppliers sell inventory to end customers — and charge fees for this mediation. Though the business scheme is quite straightforward, the same can’t be said for the financial calculations behind it. A big effort needs to be put into setting and finetuning profitable prices.

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Executive Round Table with Kent Barner and Jay Reed

TechFides Blog

His experience includes CIO roles at Pillar Hotels and Resorts, Omni Hotels, and Aimbridge Hospitality, coupled with client services and IT advisory roles at Centrada Solutions and Noble Royalties, Inc., That includes office buildings, that includes hotels, that includes traffic lights, everything. And then lastly, G.S.D.,