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What is a hotel property management system (PMS)?

MEWS

What is a PMS in a hotel? A PMS can manage hotel bookings and perform various admin duties. Its primary functions include payment processing, front-desk operations, reservations, and channel/rate management.

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Stayntouch Receives Growth Equity Financing From Sixth Street Growth

Lodging Magazine

Founded in 2012 and acquired by MCR in 2020, Stayntouch offers a cloud PMS for hotel operations and connects front and back office functions, including reservations, front desk operations, payments, revenue management and reporting, and multi-property management.

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Stayntouch raises $48M in strategic growth equity investment

Hotel Business

Stayntouch , a cloud hotel property management systems (PMS) company, has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth , the technology growth investing arm of Sixth Street. In October 2022, the company launched Stayntouch 2.0,

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How does mobile pre check-in contribute to the advantages of hotels in the present day?

Metasphere

A key player in this evolution is the adoption of mobile pre check-in services by hotels. Guests have the luxury of bypassing these hassles and diving straight into their hotel experience. Mobile pre check-in puts the power in the hands of guests, empowering them to customize their stay before even stepping foot in the hotel.

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Hospitality training: Courses and programs for hotels

SiteMinder

Table of contents Why hospitality training is important Hospitality training is important to any kind of hotel, large or small. Experienced hands and new staff alike can benefit from ongoing training, ensuring that your hotel outpaces the competition in the thing that matters most in hotel success: guest experience.

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Hotel budget: Steps in the budgeting process for hotels

SiteMinder

What is a hotel budget? A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets. Why is a hotel budget important?

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Q&A with Amanda Williams, Solonis

Hotel Business

Hotel Business caught up with Amanda Williams, senior product specialist, Solonis , to talk PMS systems and revenue. If your hotel is still relying on a system like this, you’re likely running into limitations in your daily workflows and how you serve guests. First, let’s look at reporting.