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How to generate 8 must-have hotel reports with a cloud property management system

Hotelogix

Call them hotel reports or hotel management system reports, they help you gain insights on your hotel business so that you can make data-driven decisions. However, without a hotel property management system, it would be next to impossible to extract those reports manually. You can filter the report by reservation status.

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Hotel Reservation System: Their Significance and Impact on Your Business

Hotelogix

A hotel reservation system is far more than a booking tool.   As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management.

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Benefits of centralised control over hotel group operations and role of a multi-property management system

Hotelogix

One crucial aspect determining your success is your ability to efficiently manage daily operations across multiple properties in different areas from a central office.   Gain group-wide clarity: You have a hotel group with ten properties across multiple locations.

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Hotel property management systems

Les Roches

Known as hotel property management systems or hotel PMS , this software enables hotel management to use digital platforms to streamline operations such as bookings, guest check-ins and housekeeping coordination, while enhancing guest experiences. What is a hotel property management system (PMS)? Increased revenue.

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How To Avoid Overbooking In the Hotel Industry

InnQuest

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. Revenue Maximization: In a bid to maximize revenue, hotels often accept more reservations than their actual room inventory.

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A Concise Guide to Hotel Inventory Management

InnQuest

It involves tracking and controlling inventory in real-time, making informed decisions on pricing, room allocation and availability, and ensuring that the right resources are available at the right time. Proper maintenance is crucial for guest services and reservations.

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Simplifying Hotel Payment Processes: The Role of Integrated Solutions

InnQuest

Compliance with industry standards like PCI DSS ensures that sensitive financial information is protected. Real-time Updates: Thereafter, integration with property management system s (PMS) provides real-time updates on room availability and pricing. These options include credit cards, mobile payments and digital wallets.