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miamigol

Sabre Doubles Down on Hotel Management Software – Skift - 2 views

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    Judging by its title, this may not seem like a breakthrough article. However, there are some important points worth discussing. The article indicates that some GDS companies, traditionally serving the airline industry, are now venturing into hotel property management systems. Since SABRE and Amadeus no longer want to depend exclusively on airline service, they are investing heavily in PMS technology. Furthermore, since the new trend is the implementation of cloud based PMS's, they are focusing their resources exclusively on cloud technology because it gives hotels more flexibility on services and integrations. The article suggests that while Oracle might still be a leader in this field, way ahead of its competitors, industry dynamics change so fast that SABRE and Amadeus will eventually become fierce competitors. Oracle is still the most used tool in this market and most hotel employees have received Oracle training at some point. Nevertheless, although that's an advantage for Oracle when it comes to savings in training cost, innovations on cloud based technology can provide more opportunities not available on conventional system servers.Therefore, this move by major GDS providers can prove a wise investment. Finally, another significant development in this article is the fact that SABRE will eventually add alternative lodging to its inventory such as Airbnb or corporate serviced apartments. This, in my opinion, will be an absolute game changer.
mayr0604

Data Mining: What is Data Mining? - 3 views

  • For example, one Midwest grocery chain used the data mining capacity of Oracle software to analyze local buying patterns. They discovered that when men bought diapers on Thursdays and Saturdays, they also tended to buy beer. Further analysis showed that these shoppers typically did their weekly grocery shopping on Saturdays. On Thursdays, however, they only bought a few items. The retailer concluded that they purchased the beer to have it available for the upcoming weekend. The grocery chain could use this newly discovered information in various ways to increase revenue. For example, they could move the beer display closer to the diaper display. And, they could make sure beer and diapers were sold at full price on Thursdays.
  • Data warehousing is defined as a process of centralized data management and retrieval. Data warehousing, like data mining, is a relatively new term although the concept itself has been around for years.
  • ata mining is primarily used today by companies with a strong consumer focus - retail, financial, communication, and marketing organizations. It enables these companies to determine relationships among "internal" factors such as price, product positioning, or staff skills, and "external" factors such as economic indicators, competition, and customer demographics. And, it enables them to determine the impact on sales, customer satisfaction, and corporate profits. Finally, it enables them to "drill down" into summary information to view detail transactional data.
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  • WalMart is pioneering massive data mining to transform its supplier relationships. WalMart captures point-of-sale transactions from over 2,900 stores in 6 countries and continuously transmits this data to its massive 7.5 terabyte Teradata data warehouse. WalMart allows more than 3,500 suppliers, to access data on their products and perform data analyses. These suppliers use this data to identify customer buying patterns at the store display level. They use this information to manage local store inventory and identify new merchandising opportunities. In 1995, WalMart computers processed over 1 million complex data queries. The National Basketball Association (NBA) is exploring a data mining application that can be used in conjunction with image recordings of basketball games. The Advanced Scout software analyzes the movements of players to help coaches orchestrate plays and strategies. For example, an analysis of the play-by-play sheet of the game played between the New York Knicks and the Cleveland Cavaliers on January 6, 1995 reveals that when Mark Price played the Guard position, John Williams attempted four jump shots and made each one! Advanced Scout not only finds this pattern, but explains that it is interesting because it differs considerably from the average shooting percentage of 49.30% for the Cavaliers during that game.
  • How does data mining work? While large-scale information technology has been evolving separate transaction and analytical systems, data mining provides the link between the two. Data mining software analyzes relationships and patterns in stored transaction data based on open-ended user queries. Several types of analytical software are available: statistical, machine learning, and neural networks. Generally, any of four types of relationships are sought: Classes: Stored data is used to locate data in predetermined groups. For example, a restaurant chain could mine customer purchase data to determine when customers visit and what they typically order. This information could be used to increase traffic by having daily specials. Clusters: Data items are grouped according to logical relationships or consumer preferences. For example, data can be mined to identify market segments or consumer affinities. Associations: Data can be mined to identify associations. The beer-diaper example is an example of associative mining. Sequential patterns: Data is mined to anticipate behavior patterns and trends. For example, an outdoor equipment retailer could predict the likelihood of a backpack being purchased based on a consumer's purchase of sleeping bags and hiking shoes.
  • Size of the database: the more data being processed and maintained, the more powerful the system required. Query complexity: the more complex the queries and the greater the number of queries being processed, the more powerful the system required.
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    This article highlights the topic of Data Mining and the way in which companies use it to become informed and discover new ways to become more effective. Data Mining can be used to increase revenue, cut costs and identify growing trends. This article will feature key examples from major companies such as Oracle, Wal-Mart and the NBA, all of which use Data Mining to enhance their business performance. 
galca008

New Report: Guests Demand Investment in Hotel Technology - Intelity - 0 views

  • Guests don’t just want the usual benefits during their stay. They have begun to actively voice a desire for investment in hotel technology that supports a high-tech, high-touch hotel experience.
  • A recent survey of travelers by Oracle and Phocuswright revealed that two-thirds said investment in hotel technology that enhances guest experience is “very or extremely important.”
  • Nine in 10 business travelers and 8 in 10 leisure travelers value use of smartphones to request hotel services or communicate with staff.
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  • A third of guests are interested in using a complimentary hotel tablet provided in guest rooms
  • Forty-one percent of guests want a message to their smartphone when their guest room is ready
  • About 21 percent of guests want the ability to stream content onto the in-room TV
  • The common theme is control. Hotel guests are leaning toward more independence as opposed to the traditional hotel experience where staff are very visible throughout the entire stay. Guest preference is for staff to maintain a constant digital presence, where they can be conveniently contacted if needed or serve as virtual concierge with suggestions and information to help guests make the most of their time at a destination.
  • More than 60 percent of guests currently go to sources other than a hotel concierge for suggestions about how to improve the guest experience, but surveys such as these reveal that hotels could reach and serve more hotel guests if they expanded to include a virtual concierge and digital guest services for better communication and messaging with guests.
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    This article highlights the necessity of investing in technologies for the Hospitality Industry. Guests are demanding technology that makes their stay more independent rather than having to deal with present employees. They want to be able to contact virtually rather than go down to talk to the concierge. They also want more in-room technology available for them. This article in my opinion is very important for hotels to take note of just how much guests want hotels to provide them with new technologies, because the percentages are becoming high. People are bored of the same hotel stay they have been receiving for so many years, and investments in technology is a must.
yyr997

7 Hospitality Tech Trends For Hotels | HERE Mobility Blog - 1 views

  • A survey made by Oracle Hospitality amongst hotel guests in the U.S, showed that 64% of guests consider extremely important for hotels to improve their guest experience by investing in hospitality technology.
  • The key pattern of every technology-based service should be to enhance the guest experience through offering convenience.
  • Guests can check in remotely through their smartphone, significantly saving time for the concierge
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  • NFC improves how consumers pay, transfer files or connect to other devices. For instance, with this technology, guests can use their smartphone as a smart room key or to pay for various services. 
  • Recognition technology This is a new level in check-in identity verification.
  • Moreover, the app can collect useful information such as type of request, usage frequency or even popular menu items for management to leverage on this information to improve their guest service. 
  • Hotels need to work harder to match guests expectations, and one way to do this is to incorporate advanced technologies like AI and IoT-based applications.
  • The technological revolution has increased customer's expectations with an emphasis on the search for convenience. 
  • There are several innovations changing the way hotels serve their guests. Hotels leverage technologies such as artificial intelligence and application development to offer their guests an array of possibilities, from automated check ins, to controlling room temperature, ordering room service, booking a spa session from the mobile app, and even booking a ride.
  • Smart hotels
  • Automated check-in and check out
  • Chatbots
  • Smart concierge and mobility solutions
  • Near-field communication (NFC) technology
  • Recognition technology
  • Blockchain and cryptocurrency
  • A branded app
  • Mobile check-In
  • Online reputation
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    This article goes over the recent trends that the Hospitality Industry has been adapting to in the past few months. It goes over the importance of Hotels taking the extra time to get to know what will make a specific guests experience that much more enjoyable by paying attention to details of past stays, and making things more convenient and accessible. These goals can be reached by keeping up with technology trends such as Apps giving guests easy and quick access to Check-in and paying for things throughout the hotel.
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    Its great to see that AI is one of the trends listed. A lot of problems can be automated using AI. Moreover, it can personalize the experience for the customer. In general I think technology should not also offer convenience to a customer but personalization as well!
mcont036

Investing in the Guest Experience: Wyndham Becomes First Major Hotel Company to Begin R... - 2 views

  • Mobile-enabled platform allows for quicker innovation while helping hotels enhance guest personalization, lower costs and boost operational efficiencies
  • Wyndham's selection of OPERA Cloud for its full-service hotels represents the latest in a growing list of newly launched technology initiatives by the Company, all of which center on giving franchisees tools to help provide a competitive advantage amid the ongoing pandemic
  • "Having OPERA Cloud in place allows franchisees to quickly and remotely enhance features for guests as the industry continues to evolve, which is going to be critical in maintaining a competitive edge."
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  • Wyndham first began its digital transformation journey in 2016, which has since resulted in a shift to best-in-class, cloud-based property management systems, a single central reservation system for all 20 brands, and a flexible cloud service and sales platform.
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    Wyndham Hotels & Resorts announced the roll out of the Oracle Hospitality OPERA Cloud Property Management (PMS), which will reduce the need for onsite hardware with special installation and provide operational enhancements that will be beneficial for guests, such as higher performance, security and reliability. One of the key features described is the mobile computing aspect of it, which gives operators the ability to run the hotel from anywhere, meaning team members do not need to be stationed at a desk to serve guests. The cloud-based system is designed to operate in more than 200 countries and can integrate with thousands of partners to create personalized opportunities for guests. This follows a series of shifts to other cloud-based systems which started in 2016 in an effort to demonstrate a progressive approach to digital transformation to give their hotel owners a strategic advantage over the competition.
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    I was shocked to read this article. I have worked with Wyndham and with Opera for many years and I was not expecting them to change to a different PMS system. I believe this might be a good move from Wyndham because private owners could reduce expenses by not having to pay royalties to Opera but at the same time, this is a new system that is somewhat new to the franchise. Great post I really enjoyed this article.
blevi022

Post COVID 19 Pandemic Global Property Management System (PMS) Market Research Report 2... - 1 views

  • Global Property Management System (PMS) Market analysis 2015-2027, is a research report that has been compiled by studying and understanding all the factors that impact the market in a positive as well as negative manner
  • Some of the prime factors taken into consideration are: various rudiments driving the market, future opportunities, restraints, regional analysis, various types & applications, Covid-19 impact analysis and key market players of the Property Management System (PMS) market
  • Major Market Players with an in-depth analysis: InnkeyPMS, DJUBO, Hotelogix, Oracle, eZee Technosys, InnQuest, MSI, Guestline, Frontdesk Anywhere, Northwind, RDPWin
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  • Property Management System (PMS) market research report also provides information on how the industry is anticipated to provide a highly competitive analysis globally, revenues generated by the industry and increased competitiveness and expansions among various market players/companies.
  • The latest Coronavirus pandemic impact along with graphical presentations and recovery analysis is included in the Property Management System (PMS) research report. The research report also consists of all the latest innovations, technologies and systems implemented in the Property Management System (PMS) industries.
  • The research report also provides light on various companies & their competitors, market size & share, revenue, forecast analysis and all the information regarding the Property Management System (PMS) Market.
  • Property Management System (PMS) Market research report provides an in-depth analysis of the entire market scenario starting from the basics which is the market introduction till the industry functioning and its position in the market as well as all the projects and latest introductions & implementations of various products. T
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    This discusses a research report that studies the impact of both positive and negative factors impacting the market for PMS software. This includes analysis on the impact caused by COVID-19.
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    This is a great article and I love that it highlights issues that we're currently facing! A relevant article about the several improvements that'll have to be made amongst improving our technology, guest preferences, manage reservations based on COVID-19, etc.
nbrac002

Investing in the Guest Experience: Wyndham Becomes First Major Hotel Company to Begin R... - 0 views

  • Wyndham Hotels & Resorts, the world’s largest hotel franchising company with over 8,900 hotels across nearly 95 countries, today announced the roll out of the next-gen Oracle Hospitality OPERA Cloud Property Management (PMS) to its full-service hotels, making it the first major hotel company to adopt the system globally.
  • The Company anticipates approximately 20 percent of its full-service portfolio will adopt the new PMS in the next 12 months with the majority migrating to the system over the next several years.
  • a fully reimagined mobile app, making it the first to bring mobile check-in and checkout to more than 6,000 economy and midscale hotels.
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  • Not only does the system help our hotel owners deliver a better guest experience through a host of operational enhancements and efficiencies, it’s designed to lower their overall costs by eliminating the need for costly and difficult-to-maintain on-site hardware
  • Designed to meet fiscal requirements across more than 200 countries, operators can customize the system to operate in 20 languages.
  • Operators can run their hotel from anywhere while team members can untether from the front desk to serve guests anywhere on property.
  • Easy integration with thousands of key partner interfaces means a smoother, more streamlined guest experience
  • Built specifically to run hotel operations, the PMS is flexible and can scale to meet the needs of each hotel without requiring installation and maintenance of on-site hardware.
  • to help drive more business to its franchisees—particularly from everyday business travelers, such as construction workers, utility workers, truckers and more.
  •  Wyndham Direct, a total booking, billing and payment solution for corporate customers that streamlines travel management with no minimum spend or stay requirements and Wyndham Business, a one-stop-shop for anyone looking to do business with Wyndham and its hotels.
  • Wyndham first began its digital transformation journey in 2016, which has since resulted in a shift to best-in-class, cloud-based property management systems, a single central reservation system for all 20 brands, and a flexible cloud service and sales platform.
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    Wyndam has shifted to a cloud- based PMS system, being the first major hotel company to do so. This system will allow the hotel to deliver a better guest experience, enhance operational efficiency, and lower costs while making the hotel more competitive in the market.
kgill017

Starwood Hotels Accommodates HR Users With Global Reporting System | Information Builders - 2 views

  • WebFOCUS has let our users around the world access current information via the Web with accurate results and easy-to-use functionality
  • Having a consolidated reporting system and a single interface to manage HR data has increased our productivity at all levels
  • personnel information is extracted from SAP production data many times daily to refresh an Oracle data warehouse. WebFOCUS is used to generate custom reports from the Oracle data on demand.
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  • SAP delivered the capabilities Starwood lacked in its HR processes, but when it came to having comprehensive technology for company-wide reporting, the "vacancy" sign was still flashing.
  • Starwood also took advantage of Information Builders' education classes
  • a secure business intelligence environment that allows users to access selected reports based on their roles and security access rights to particular data. WebFOCUS also interfaces with Starwood's own data-level security via the company portal.
  • The WebFOCUS Managed Reporting environment made it easy to develop standard reports, set up domains for various properties and divisions, and manage the reporting infrastructure from a central location.
  • Additionally, through the dashboard, developers can set up a different interface for different people
  • WebFOCUS has become Starwood's standard reporting interface to display nearly all HR information.
  • Currently, four people manage the HR reporting activities for 750 properties in 80 countries. Based on its success in HR, Starwood is examining the possibility of expanding the use of WebFOCUS to other departments within the organization.
  • These technical and business attributes make WebFOCUS ideal for calculating occupancy percentages, booking rates, customer preferences, guest satisfaction levels, and a host of other factors.
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    With 110,000 employees in more than 750 properties, it has been a challenge for Starwood of making current data accessible to authorized users. So Starwood recently deployed Information Builders' WebFOCUS to augment their SAP suite of applications, and the results are accommodating HR professionals worldwide. This system boosts the productivity and reduce manual labor. The WebFOCUS Managed Reporting environment made it easy to develop standard reports, set up domains for various properties and divisions, and manage the reporting infrastructure from a central location. 
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    This article describes the system that Starwood has implemented in regards to their HR department and the benefits of the system. The Webfocus system which is a customizable reporting system that can give a myriad of data to the HR managers.
takesharolle

The Power of Cloud for Food and Beverage Operators | Oracle.pdf - 1 views

shared by takesharolle on 25 Aug 18 - No Cached
  • Equipped with the proper enterprise management platform powered by cloud, hoteliers can tackle a full spectrum of tasks, including managing staffing needs, accelerating hotel check-in, improving kitchen operations and providing mobile devices that enhance guest service anywhere, anytime.
  • One of the most attractive elements of cloud solutions is its ability to adapt and grow for the future.
sbarr011

Expedia Leads $26 Million Alice Investment in Hotel Tech Push - Skift - 0 views

  • Alice, a startup that sells operations software to hotels, has raised $26 million in a Series B funding round led by online travel giant Expedia.
  • Expedia’s interest in Alice suggests that the online travel company is curious about possibly providing more back-end software services for the hotels that use it to market and distribute their inventory globally.
  • The company “is now at a completely different level,” when it comes to putting into place a set of tools that are broad and comprehensive and that are responsive to what hotels have said their needs are, he claimed.
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  • A key part of Alice’s system is its ability to let guests, front-of-house workers, and back-of-house staff communicate and track requests. For instance, a guest request via a text message for, say, more linens, can be conveyed to the right worker using Alice, the company said.
  • It now processes more than 50,000 requests a week, up from the 10,000-a-week pace it had a year ago. The company anticipates hotels will handle more than two million requests on its platform over the next year.
  • Alice has more than doubled its count of hotel clients this year.
  • It has since evolved into software that aims to provide the first unified platform for a hotel to run its entire back-end operations, such as housekeeping and customer service communication.
  • Expedia officially began to market a series of new tools for hoteliers that it has been adding to its extranet for suppliers since 2015 under the name Expedia Powered Technology. Tools include help with revenue management and messaging with guests.
  • There are other hotel tech brands that offer software-as-a-service (SaaS) solutions that overlap with what Alice’s platform provides, such as the housekeeping-focused services of Amadeus Hospitality’s HotSOS. Other potential players in the market include Sabre Hospitality Solutions and Oracle Hospitality.
  • Expedia’s suite of data analytics tools includes a free service that aims to help hotels set their rates to command the most revenue and Expedia’s first meetings-and-events booking tool to help hotels automate requests for proposals — which today is still, largely, a manual process.
  • Priceline Group has, since 2015, been investing in business services for its hotel partners under the BookingSuite brand. The tools include revenue management software and digital marketing help for a property’s own branded website.
  • Trivago, the hotel metasearch brand that is backed by Expedia (but operates independently), is also offering hotel services, such as for revenue management and hotel management (like Base7booking).
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    Alice, a relatively new start-up which sells operations software to hotels, had a significant investment from Expedia in the previous round of funding. Alice has become a software that provides "the first unified platform for a hotel to run its entire back end operations, such as housekeeping and customer service communication". The system allows guests to send a text message with a request for more pillows or towels, for example, which will be directed to the proper the hotel employee department. Customers can track their requests and both the front and back of house staff can receive communications from guest requests. This IT platform has seen 5 times the amount of requests being generated. Also, the platform has partnered with double the number of hotels and they project more than two million requests will be communicated through this software in a year. Expedia is the largest shareholder in Alice currently. Alice suggests that this is because Expedia could be more interested in "more back-end software services for the hotels that use it to market and distribute their inventory globally." Expedia currently markets tools such as revenue management under the name Expedia Powered Technology to hoteliers. Expedia also offers meetings and events booking tools for hotels. Priceline, which is a competitor to Expedia, also has invested in tools and services that include revenue management software for their hotel partners. Trivago is also offering these services. Alice believes that the size of the market will allow for many other companies to work in this space, and is even open to partnering with other firms to expand. Alice also plans to expand their own business and add personnel with the new funds.
berkley7

8 Best Hotel Management Software | Global Hospitality Portal - 2 views

  • What makes a hotel management software best in the business?
    • berkley7
       
      I have experience working with My Cloud PMS and compared to some of the other software systems I have experience with, such as Opera, this is hands down one of the most convenient PMS software I have used. It truly makes it easy for every department to edit, update and stay connected within the hotel and other departments.
  • There are a lot of hotel management software but myCloud PMS is trying to retain the innovative edge within the hospitality industry.
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  • A competitive hotel property management software provides you with financial and business reports regarding your hotel business. You can learn about room occupancy ratios, the duration of stay of your guests, payment collection methods, and similar statistical forecasts about your hotel.
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    Module 2: Hardware/Software (Berkley Alessandrini) The following article compares the current top/trendy management software programs within the hospitality industry - specifically within lodging operations. Obviously manually updating your hotel's information is no longer an effective way to do things. The following article breaks down certain software programs like; My Cloud PMS, Oracle, roomMaster, etc, and gives information on each that differentiates them. I can relate to the article because I have experience working with a few different types of software programs and I know first-hand how important it is to have a software that is convenient, organized, and user friendly. Depending on the program, they have the ability to be customised based on needs of the hotel and can even add certain features if necessary. After analysing the article, I believe that it is vital to compare the different programs available to find a PMS that fits best for your specific hotel. In some cases, maybe your property will not benefit from the "top" management software system; therefore you must compare and find one that will work best with your needs, requirements, budget, etc. It is important for the Lodging Industry to take full advantage of the technology that is provided to them and as technology is constantly evolving - you must (as a business) evolve with the changes and update your current technology to lead and stay ahead of the trends. Having a software that provides your hotel with the best features, availability, etc. is a must!
croja081

Mews Raises $33 Million to Challenge Oracle Hospitality in Hotel Tech - 2 views

  • These companies are offering the first property management systems built for the internet era. The property management system provides the record-keeping heart of hotel front-desk check-in, check-out, and payment. The systems are critical for shepherding hoteliers through today’s digital transformation.
  • “Given the rise of Airbnb, hoteliers are more willing to innovate on experience to compete,” Kalevar said. “Mews makes it easy for hotels to plug in other innovations like flexible check-ins or smart locks for guest room doors.”
  • It faces competition on all sides. Rivals include Apaleo, Cloudbeds, and Hotelogix. Public companies that have recently rolled out similar products include Amadeus, Sabre, Shiji’s StayNTouch, and RLH’s RLabs.
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  • One X factor is security, which is more paramount than ever, given the increasing number of data hacks. Mews said it doesn’t store credit card data in its property management system but keeps the data in a separate vault. But as a newcomer, the startup may have more to prove to hoteliers than Oracle and Protel, which have had good track records on security.
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    This article talks about Mews, a start-up company, receiving a huge investment after there showing of "the first property management systems built for the internet era." Basically, a system that keeps track of all the hotel's check-in, check-outs, and transactions, this is an important system for those hotels who intend to keep up with the ever-changing digital age that we are in. This article focuses on the landscape of many of these types of tech groups who are all competing as well as the growth of this tech company and how they came up with this idea. Though with all new technology, there could be a potential drawback of data hackers mining for information. Thus, it is up to this group to prevent these problems while rolling out their new technology.
audragrace

Hotel 2025: How will virtual reality shape the future of hotels? | Oracle Hospitality Blog - 4 views

  • Marriott International, which used VR as part of its “Travel Brilliantly” campaign
  • tech-savvy millennials, who are projected to make up over 50% of the world’s hotel guests by 2020
  • 52% of interviewees believe that VR will be used in the booking process by 2025. 2/3 say this would enhance their experience. 45% of customers would visit hotels more often if they offered this service.
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  • 52% of interviewees believe that VR will be used in the booking process by 2025. 2/3 say this would enhance their experience. 45% of customers would visit hotels more often if they offered this service.
  • These results – combined with predictions that sales of VR devices will exceed 60 million by 2020
  • According to Hotel 2025, 70% of operators think that VR for staff training will be mainstream in less than five years.
  • 42% of surveyed guests believe that VR training will make employees more engaged
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    This article talks about the various ways virtual reality can be used in the hotel industry. VR can be used to entice consumers to increase their amount of travel, by immersing them in VR versions of almost any travel destination. The article also briefly touches on the use of VR for hotel booking and even training employees.
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    Very interesting read. I have always had mixed emotions as it relates to the use of virtual reality in the hospitality and tourism sector. On one hand, it is my opinion that virtual reality can add to the guest and consumer experience. Virtual reality can allow consumers to experience multiple levels of travel with the purchase of one ticket or hotel booking. While on the other hand, I am also of the view that virtual reality can limit the amount of travel and hotel bookings that can actually occur. Why would consumers travel to a specific location when they can travel virtually? The article highlights various ways that virtual reality can be used in the hotel industry. Technology is changing and the industry must continue to adapt and make use of the new trends and technological advances. I look forward to the future with virtual reality.
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    The use of VR as an augmentative tool in Hospitality and Tourism is virtually a non-sequitur. In an industry that is built on experiences its use and value is almost limitless. In of itself, no doubt we will see "Virtual Tourism" become an actual industry. I do believe the timelines being pushed forth by the article represent fairly conservative estimates even with the current limitations of the technology. Oddly it leaves out augmented reality, which is already seeing heavy increases in usage from previewing venues to experiencing the product before you try. With the current rapid progress and access of the technology to the general end user growing, we will see consumer driven adoption outpacing industry delivered implementations quite soon. Once driven by the desires of the consumer, not unlike the advent of the OTA, we will see the industry adopt much more quickly than I think this article presents.
emmajeenie

How the Cloud is Shaking up the PMS Landscape: New Skift Research - Skift - 2 views

  • Integrations to the PMS is one area that has seen anything from despair to anger among hoteliers and integration partners.
  • Integrations to the PMS is one area that has seen anything from despair to anger among hoteliers and integration partners.
  • need information that is stored in the PMS, requiring to connect (i.e. integrate) with the PMS for access.
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  • although the majority of hotels are using Windows-based OPERA v5, which requires an on-premise database.
  • the PMS vendor sends out an engineer and/or representative to visit the hotel to install the software and train the staff.
  • between $10,750 and $14,750 for a PMS software license and training,
  • Cloud property management systems are generally sold using the software as a service (SaaS) model,
  • hosts the data and software in the cloud, and there is no need for physical hardware at the property.
  • Hybrid models continue to exist where hoteliers can have some aspects of their software and data storage on-premise, with others in the cloud.
  • Apaleo stands out for its focus on third-party integrations over building proprietary features.
    • emmajeenie
       
      Cloud based infrastructure is taking over the previous legal systems. Cloud computing has had a major impact on the PMS sector but intergrading it has been somewhat of a challenge. Things have shifted from On-premise to hosted and now cloud.
  • Technological advancements have allowed for new entrants into the property management systems space to offer a viable alternative to incumbent legacy systems. Those systems might be scrambling for now, but they’ll catch up. All this can only be a good thing for the PMS and hotel tech space in the long run.
  • . Legacy systems are now working hard to roll out cloud-based products and convert their customers onto these systems.
  • Hardware costs came down drastically with the advent of the PC
  • Hyatt is one major hotel chain that requires its hotel owners to use an OPERA hosted system.
  • With the move to the cloud also came an increased focus on simplifying integrations.
  • Market leaders Oracle OPERA and Protel are clustered together around the midpoint, both offering a strong proprietary feature list and extensive integration
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    The article talks about the effect that cloud computing has had on property management systems. Particularly, PMS integrations.
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    My opinions on this article are based on my own experience with PMS systems, specifically Oracle Opera. It has been a terrible experience over the years trying to solve any type of issue with Opera and the support is existent but very limited, which makes it difficult for an average front desk agent to even understand what is going on. With Cloud-Based PMS systems, it would definitely need to be crucial to develop excellent customer service that will actually help with things go wrong with the PMS system.
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    New entrants into the property management system have provided better alternatives to the legacy systems. Integrating those systems has been somewhat a challenge but in the future they(Cloud system) may well be the norm.
mattiebell

Industry-Specific Cloud Computing Delivers | PYMNTS.com - 0 views

  • Cloud platforms designed for specific industries are reportedly gaining ground in the marketplace.
  • ndustry-specific ones can deliver the regulatory compliance needed by financial services firms, the secure sharing of information needed by healthcare firms and the ability to manage curbside pickup for retailers
  • For example, Oracle offers clouds focused on the healthcare, retail, financial services, hospitality, and food and beverage industries
  •  
    As we know, cloud computing provides an ease of access system for data storage and on-demand computer system resources. This is something that certain industries, especially the hospitality industry, have used to reduce overhead costs and increase profits. This article discusses a few key players in this fight to be as innovative as possible while saving money and promoting new business practices that contribute to the industry. When looking at things like regulatory compliance and industry-wide needs, cloud computing is a great way to keep up with the ever-changing demands of today's modern consumer marketplace.
pjohn091

The Property Management System (PMS) of the future is already here | By Max Starkov - 0 views

  • The traditional, legacy PMS is an on-premises software platform with features and functionality ranging from barebones to rich and very complex. These legacy platforms have a number of serious disadvantages: a) too expensive to install, train staff and maintain, b) their "all-in-one solution approach" stifles innovation and prevent quick adoption of new functionality needed to meet new guest requirements or sudden changes in the market conditions, like the contactless experience from last year, and c) as closed systems they are reluctant to open up to third-party integrations, applications and solutions, depriving the property and its guests from some very innovative and much-needed applications and services.
  • Some of the benefits of the cloud PMS are significant and timely: No upfront costs - its pay-per-use model makes it an operating expense (OpEx), which helps the constricted cash flow Easy to install, train staff and use which increases staff productivity Automation of many administrative tasks, saving the property team time and effort AI driven workflows and database management and intelligence Automatic software upgrades with minimum downtime and no extra cost No need for on-property IT support, which is getting quite unattainable in the post-crisis era Complete automation of redundant processes and tasks, allowing the property to operate with leaner staff The ever-changing data security requirements are handled by professional data security engineers at the cloud PMS vendor Provides guests with contactless guest experience and mobility. Upgrade and up-sell capabilities or easy integration with an upsells vendor, important in this depressed revenue environment Easy access to reporting and performance analytics from any device anywhere. Most importantly, an Open API for seamless, fast and free or low-cost connectivity with the myriad innovative third-party vendors out there. Ex. Oracle's legacy OPERA PMS has 400 API capabilities vs the OPERA Cloud PMS with 3,000 API capabilities.
  • he three main advantages of the OPERTA Cloud PMS over the legacy PMS:
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  • Ability to achieve more with fewer resources,
  • Security of data
  • Ability to be agile, adapt and evolve
  • the three key advantages of the cloud PMS over the legacy PMS:
  • Flexibility:
  • According to Laura Calin from Oracle Hospitality, switching from a legacy to a cloud PMS has occurred traditionally when a) on-premises hardware reaches end-of-life and warranties are expiring, or b) when a brand affiliation comes to an end and a replacement system is required.
  • Connectivity:
  • I believe over the next 5 years the adoption of cloud PMS solutions will explode and this will be the highest growth component of the hotel tech stack
  • Why? Low costs, efficiencies, higher productivity and data security aside, in the near and mid-term a full-service 3-4-5-star hotel will need over 100 plus APIs with third-party tech applications and solutions to be able to function and meet the basic needs and wants of today's digitally-savvy travelers.
  • Ease and efficiency:
  • (PMS) is the hotel 's command center for rooms and F&B management, sales and catering, distribution, availability, pricing, reservations, guest interactions, issue resolution, housekeeping, reporting, billing, guest communications, etc. and is often described as "the central nervous system of the hotel operations."
  • Luckily for our industry, the future is already here in the form of a cloud PMS with Open API (application programming interface) integration platform, just on time in this most challenging era in our industry.
  • the three key advantages of the cloud PMS over the legacy PMS:
  • Ever since the emergence of the cloud-first PMS platforms like Cloudbeds and Mews, there has been a monumental shift in the PMS vendor community's mindset: from closed system mentality to cloud PMS with Open API mentality. At Oracle Hospitality, with the adoption of the Oracle's self-service cloud technology tools, the OPERA Cloud PMS with Open API has become the most important innovation strategy
  •  
    This article deals with cloud PMS and its advantages. Some of the advantages stated by the article are efficiency, low cost, and provides guest with more contactless experience. This is a new trend we are starting to see emerge into the industry especially now more than ever after the events that have occurred due to the pandemic.
  •  
    Seems to me this took a lot longer for companies to start getting onboard then I would have anticipated. The cost perspective and ease of use should have attracted people right away. Not having to house or protect on site servers from damage and theft is also a critical point. Not to mention the ability to grow the system when necessary.
  •  
    The article discusses traditional PMS, an on-premises software platform that can range from very basic to extremely powerful and complex. Installation, training and maintenance are expensive for such platforms, and they stifle innovation by not allowing third-party integrations, applications, and solutions. Cloud-based hotel management systems with Open API integration platforms are the future of hotel management software. They are cost-effective and offer many operational benefits. Operating expenses such as the OPERA Cloud PMS improve cash flow, are easy to install, train personnel, and automate many administrative processes. Also, it provides easy access to reporting and performance analytics, as well as contactless guest experiences and mobility.
cdamo003

Biometric Technologies as the Future of Hospitality - Intellectsoft Blog - 0 views

  • With the adoption of biometrics like fingerprints, face or iris scanning, or even voice recognition, biometrics have the potential to revolutionize the hospitality industry
  • Biometric technologies are solutions that are commonly used to identify a person based on some aspect, namely, a person’s unique physical or behavioral characteristics.
  • There are two types of biometrics used to recognize a person. The first type is biometrics based on physiological characteristics. The second is behavioral biometrics. Physiological identifiers include the following:
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  • If your hotel has a lot of security measures, guests may not like it and they may never come back. If, on the contrary, security measures are weak, this can lead to theft or something else.
  • One of the ways to use biometrics in hotels and other establishments in this domain is to implement registration using fingerprint or face recognition
  • The first is that locals can register by scanning their faces through a mobile app. Another option is for foreigners who can check in by scanning their faces through vending machines located throughout the hotel lobby
  • In the same way, hotel staff control guest access to different parts of the hotel, for example by requiring a finger scan to access the pool.Another way to use biometrics in hotels is to avoid key cards that allow guests to enter their rooms. Instead, a person just needs to scan their fingerprint, which greatly simplifies the system.
  • as the fingerprint will become the only key to all areas of the hotel, which greatly facilitates the work of technical staff and saves the hotel from unnecessary problems with visitors.You can also monitor in real-time the access of staff to restricted areas of the hotel, such as guest rooms, washing rooms, etc. You can track which room a particular hotel employee has entered, thereby roughly understand their location.
  • According to one study, 41% of hotel visitors visited the hotel more often and stayed in only one hotel if an employee could recognize them without giving their name. In another survey, 62% of hotel guests believe that such actions by staff will greatly improve their experience of the hotel.
  • For example, a guest arriving at a hotel scans a fingerprint at the front desk, after which the concierge will immediately receive all of his personal information, room, and service preferences, to make his stay at the hotel as pleasant as possible.
  •  
    The use of biometrics in the hospitality industry is becoming more common. Through physiological characteristics such as fingerprints, face scanning or voice recognition, guests can access hotel rooms without the need of room keys. Employees would have control over guest access and be able to easily recognize guests after scanning in.
  •  
    This article discusses how biometrics is reshaping the hotel experience. From check in from the way we make purchases and enter different areas of the hotel. This feature is also able to enhance security and take away the old issue of lost keys. Many hotels are already implementing this feature and this is a great way to increase security measures.
Marcia Brown-Kelly

Why your IT project may be riskier than you think - 0 views

  •  
    This article is focussed on the risk involved if the proper impact study is not undertaken prior to implementation of extensive IT projects. Several multinational companies were referenced in the article, highlighting failures with smooth implementation resulting in the loss of millions and sometimes billions. Below is a summary of some companies referenced in article and the impact of IT implementation gone wrong: 1. Levi Strauss: In 2003 Levi Strauss examined its technological capabilities and concluded that its systems were inadequate for its multi-national corporation operation within 110 countries. A budget of US$5 million was created for a system upgrade. Many challenges along the way resulted in the inability to sufficiently report financials resulted in three distribution canters in the USA closing for a week. As a result of this, the company lost US$200 million and the termination of the chief information officer in 2008. 2. Hong Kong Airport: IT problems resulting in glitches in flight information system and database for tracking cargo shipment resulted in a US$600 million loss between 1998 and 1999. 3. Hershey: About 10 years ago Hershey wanted to implement a new order taking system. Problems with implementation resulted in the inability of the company shipping US$100 million worth of candy in time for Halloween thus impacting the company's bottom-line of an 18.6% loss in earnings during the quarter. 4. Kmart: in 2000 Kmart embarked on aUS$1.4 billon IT modernization project. In the midst of the project Kmart discovered that the project had too many customized application which would result in an exorbitant maintenance costs. An additional US$600m was spent on integrating a supply chain management system. Failure of this project led to bankruptcy filing by Kmart in 2002. This resulted in the closure of 600 stores and the loss of over 60,000 jobs in the USA. 5. Auto windshield (UK): Auto windshield was considered to be the second largest auto glass c
asant318

Can Technology Make or Break a Restaurant's Success? | Hospitality Technology - 0 views

  • restaurateurs are struggling to find streamlined solutions that can keep them engaged, and keep profits on the rise
  • use technology to create and maintain a loyal customer base.
  • compatible technology
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  • Restaurants are taking technology to the next level by integrating the systems that track inventory, take reservations, sell menu items, and manage employees.
  • easy to cross-reference
  • consider starting with a cloud-based point of sale. These solutions can deliver 2.1 times the ROI of traditional on-site systems,
  • Online ordering (OLO) is more
  • Nearly 2/3 of fast casual customers plan to order online in 2018.
  • increases the average ticket size 26% over traditional
  • This method of connecting with customers also has the potential to reduce overhead
  • Best of all, restaurants can easily collect email addresses for a mailing list, to re-connect with customers in the future.
  • consumer use of technology will continue to increase
  • A restaurant owner’s choice to embrace technology can make or break their business
  • keeps your customers happy and your ROI on the rise.
  •  
    This article touches on how it is critical for restaurants to embrace technology in order to maintain a loyal customer base. What I found to be the most important point was the importance of compatible technology. The article recommends having technology that can track inventory, reservations, sell, manage employees. The value of this is measured and 2.1 times the ROI of a traditional onsite POS. The article recommends online ordering, points out that 2/3 of fast casual customers plan to order online this year, and that the average ticket size is 26% over the regular order. I agree with the author that a restaurant owner's choice to embrace technology can make or break their business.
kdomi006

https://skift.com/2018/02/11/whats-behind-alibabas-486-million-investment-in-hotel-tech... - 0 views

Alibaba is invested $486 million in hotel tech in Giant Shiji, a Beijing based company which provides restaurants and hotels operational software/hardware. They are known for 'information technolog...

technology Hospitality hotel

started by kdomi006 on 03 Jul 18 no follow-up yet
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