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Top criteria to consider in post-COVID-19 hotel payments processing

Top criteria to consider in post-COVID-19 hotel payments processing All too often, hoteliers manage payments independently of the hotel’s daily and core business operations, relying mostly on disjointed payment systems. share this article Photo: Guestline To satisfy post COVID-19 emerging market demands and improve guest satisfaction while maintaining business operations and sustainability, hoteliers should consider payment processes as important as room availability, rates and inventory. To help you review your payment operations, Guestline takes you through the fundamental criteria to consider when choosing a new payment solution:- Guest Preferences Modern guests payment preferences have changed, so hotel payment systems must address the new guests preferences. The payment processing systems for hotels may integrate modern payment solutions like a digital wallet, pay by link, virtual cards and contactless cards, among others, plus they should allow guests to

Key performance metrics for hotels and how to calculate them

Key performance metrics for hotels and how to calculate them share this article Photo: Hotelogix To thrive in an unpredictable business environment is no mean feat. The dynamic nature of things makes it imperative for entrepreneurs to keep a constant check on their performance and to measure themselves against well-established indicators of success. So, whether it is assessing yourself through a RevPAR formula or scoring yourself as an ADR hotel, you may have often wondered if these are enough and what those key performance metrics are that you must weigh your business on. To unburden you of your worries, we have put together a list of those important parameters you must adopt to quantify your success accurately. Include these hotel industry KPIs today and see a definite growth.

Property Management System (PMS) Market to Set New Growth Story | eZee Technosys, DJUBO, Frontdesk Anywhere, Oracle

Property Management System (PMS) Market to Set New Growth Story | eZee Technosys, DJUBO, Frontdesk Anywhere, Oracle
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Goodman Management Group Continues to Lead in the Community Association Industry with CINC Systems Partnership

Goodman Management Group Continues to Lead in the Community Association Industry with CINC Systems Partnership
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The Future of Hospitality: 2021 and Beyond | By Ron Yariv – Hospitality Net

The pandemic in 2020 affected the hospitality industry severely, as we have never seen before. The effects have been even greater than what we saw in 2001 and 2008. This mega event has shaken all our assumptions about traveling, managing hotels, and dealing with customers and hotel owners, management companies, lenders, banks, and team members.

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