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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. Effective management ensures that rooms are allocated efficiently and priced competitively.

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Everything You Need To Know About Hotel Operations Management

InnQuest

Understanding Hotel Operations Management Hotel operations management involves overseeing and coordinating all activities within a hotel to ensure its efficient and profitable functioning. Maintenance: The maintenance department ensures that all hotel facilities and equipment are in good working condition.

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The Impact of AI on the Hospitality Industry

InnQuest

Hotels can now use machine learning to analyze data to anticipate guest needs, optimize pricing and improve operations. Smart algorithms can also detect anomalies, predict maintenance needs and alert users in advance, reducing downtime and improving device longevity. weather, events) and market trends to predict future booking demands.

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Rhodium launches white-label management for branded residences

Serviced Apartments

UK: Luxury property advisory and management firm Rhodium has launched a white-label property management service for the branded residence sector. The company currently manages a £12 billion portfolio including branded residence schemes in London, Dubai and Athens.

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4 Key Pillars Of A Guest-Centric Cloud PMS

InnQuest

Key Pillars of a Guest-centric Cloud Property Management System. When it comes to producing a top-notch guest experience, your hotel management system is your best asset. Functionalities: Property management software that is difficult to use only results in lost customers and increased support costs. To Wrap It Up.

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Today’s news in brief – 03/10/23

Hotel Owner

The 201-bedroom Voco St John’s Solihull hotel is up for sale at a price of £25m. This freehold property, recently refurbished and rebranded, offers extensive amenities such as a health club with a gym, pool, and spa facilities. OYO aims to ensure optimal property management, helping hotel owners maximise their real estate investments.

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Managing a large hotel? You need cloud-based hotel management software.

Hotelogix

This exploration delves into the intricate operational requirements of large hotels, the pitfalls of wrong management practices - either manually or via outdated on-premises solutions, and how a cloud-based hotel management software or a hotel property management system (Hotel PMS) acts as a savior, ensuring a seamless performance across the board.