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taurus1313

Credit Card Protection and Credit Safety Tips - 0 views

  • You’re probably already practicing basic online and mobile safety, but consider taking these credit card-specific measures as well: Know your merchant. When shopping online, look for sites with “https” in their web addresses (the “s” stands for “secured”) and the green lock icon; make sure the URL includes the correct company’s name, rather than a close-but-not-correct version; and, even on a secured site, share your information only if you know how it will be used. Type for each transaction. Never allow your credit card number to be stored on an online shopping site. Add a layer. Consider using an online payment system or mobile payment service like PayPal, Apple Pay, Samsung Pay or Android Pay to keep your credit card number out of the hands of merchants, so that if a merchant is hacked, it can’t leak your account number. Watch out for public Wi-Fi. Don’t shop or conduct financial transactions, including checking your accounts, using public Wi-Fi. Because it’s a public network, your information can easily be viewed by anyone.
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    "You're probably already practicing basic online and mobile safety, but consider taking these credit card-specific measures as well: Know your merchant. When shopping online, look for sites with "https" in their web addresses (the "s" stands for "secured") and the green lock icon; make sure the URL includes the correct company's name, rather than a close-but-not-correct version; and, even on a secured site, share your information only if you know how it will be used. Type for each transaction. Never allow your credit card number to be stored on an online shopping site. Add a layer. Consider using an online payment system or mobile payment service like PayPal, Apple Pay, Samsung Pay or Android Pay to keep your credit card number out of the hands of merchants, so that if a merchant is hacked, it can't leak your account number. Watch out for public Wi-Fi. Don't shop or conduct financial transactions, including checking your accounts, using public Wi-Fi. Because it's a public network, your information can easily be viewed by anyone."
xwang083

Why the Future of Data Storage is (Still) Magnetic Tape - IEEE Spectrum - 1 views

  • 实际上,世界上的许多数据仍然保存在磁带上,包括基础科学的数据,例如粒子物理学和射电天文学,人类遗产和国家档案,主要电影,银行业务,保险,石油勘探等。甚至还有一群人(包括我在内,接受过材料科学,工程学或物理方面的培训),他们的工作是不断改善磁带存储。
  • 首先,磁带存储具有更高的能源效率
  • 。磁带也非常可靠,错误率比硬盘驱动器低四到五个数量级。
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  • 在2015年,在信息存储产业联盟,包括惠普企业,IBM,甲骨文和Quantum,与学术研究团体的摆沿着一个组织,发布了它所谓的“国际磁带存储路线图。” 该预测预测,到2025年,磁带存储的单位面积密度将达到91 Gb /平方英寸。推算趋势表明,到2028年,它将超过200 Gb /平方英寸。
  • 它应该以每年约33%的历史速度继续运行很多年,这意味着您可以预期容量大约每两到三年翻一番。可以将其视为磁带的摩尔定律。
  • 尽管有所有这些优点,但公司使用磁带的主要原因通常是简单的经济学。磁带存储的成本是将相同数量的数据保留在磁盘上所需要支付的费用的六分之一,这就是为什么在几乎所有存储大量数据的地方都可以找到磁带系统的原因。
  • Disk drives are reaching their limits, but magnetic tape just gets better and better
  • Indeed, much of the world’s data is still kept on tape, including data for basic science, such as particle physics and radio astronomy, human heritage and national archives, major motion pictures, banking, insurance, oil exploration, and more. There is even a cadre of people (including me, trained in materials science, engineering, or physics) whose job it is to keep improving tape storage.
  • Tape has survived for as long as it has for one fundamental reason: It’s cheap. And it’s getting cheaper all the time. But will that always be the case?
  • Indeed, it should continue for many more years at its historical rate of about 33 percent per year, meaning that you can expect a doubling in capacity roughly every two to three years. Think of it as a Moore’s Law for magnetic tape.
  • But the rate at which data can be written to tape is, surprisingly enough, more than twice the rate of writing to disk.
  • To enable this degree of scaling, we had to make a bunch of technical advances. For one, we improved the ability of the read and write heads to follow the slender tracks on the tape, which were just 100 or so nanometers wide in our latest demo.
  • For example, in 2011, a flaw in a software update caused Google to accidentally delete the saved email messages in about 40,000 Gmail accounts. That loss occurred despite there being several copies of the data stored on hard drives across multiple data centers. Fortunately, the data was also recorded on tape, and Google could eventually restore all the lost data from that backup.
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    Recent advances in big data analysis and artificial intelligence create powerful incentives for companies to accumulate information about every measurable aspect of their business. Due to the huge amount of information, the company's demand for cost reduction is higher and higher. Research shows that the amount of data recorded is growing at an annual rate of 30% to 40%. At the same time, the capacity of modern hard disks used to store most hard disks is growing at less than half the rate. Most of this information does not need immediate access. For things like this, tape is the perfect solution. In fact, most of the world's data are still stored on magnetic tapes, including data from basic sciences, such as particle physics and radio astronomy, human heritage and national archives, major films, banking, insurance, oil exploration, etc. There is even a group of people (including me, trained in materials science, engineering or Physics) whose job is to constantly improve tape storage.
anonymous

Three Basic Steps to Security | Hospitality Technology - 0 views

  • mind the three Ps: patches, people and passwords
  • A lot of breaches occur because software is not up to date
    • anonymous
       
      Patches It is always important to keep systems up to date that way you can keep tabs on everything and know exactly what is going accurately. It also makes it more efficient.
  • It is good policy to change a passcode every 30 days, but it gets confusing. People revert to things easily hacked and guessable
    • anonymous
       
      Pass-codes Although people want to keep their passwords easy and simple sometimes this isn't the best strategy. It works best if you think of something that most people wouldn't be able to guess so easily. Pass codes should definitely contain numbers and words, but most importantly they should be something that YOU will always remember that way you won't forget it.
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  • using a pass phrase that is from something easy to remember, such as a line from a favorite song or nursery rhyme plus some numbers
  • More than half of users reuse the same password on different systems
  • How do you off board someone properly? You go through and change all things to make sure they’re locked out and to make sure they can’t do anything tricky” such as copy files or create a backdoor
    • anonymous
       
      People Making sure those who leave leave properly is equally as important as making sure those who enter enter the business the right way. You have to make sure that the people who leave are not gonna be planning anything against your business. Take the proper precautions and be aware of anything and everything.
  • These basics are a good starting point and can help deter hackers
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    The article discusses three key points to keep in mind for a better security within a hotel according to Russ Schrader from NCSA.
naram003

Poor basic water supply facilitiesand infrastructure in South Africa: A hospitality sec... - 0 views

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    The article discusses the crisis of the unavailability of quality water supply for South Africa as a result of poor water supply facilities. This topic is important as South Africa is a popular tourist destination and should have a first-class water supply infrastructure, as well as the availability of quality water is a basic human right under the Republic of South African Constitution of 1996. It appears that the major reasons for poor water infrastructure is due to the lackadaisical attitude and neglect of constant and proper maintenance of the water infrastructure. The methodology involved extensive literature on articles relating the hospitality tourism experience and basic water supply facilities. An increase in investment in the process of sustaining water supply backlogs will need to be the focus of any future work. The points needed to be addresses is ensuring sufficient water supply, quality water, accessible water and sanitation methods, and that the water is affordable.
anonymous

The Best iPad Restaurant POS System Reviews of 2020 - business.com - 0 views

  • A restaurant POS system has three components: software, hardware and payment processor.
  • There are several options that have minimal startup costs so you can start with just the basics and then add features and peripherals as your business grows. 
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    This article contains almost all the basic knowledge of iPad Restaurant POS system. For example, what is a restaurant POS system, the price of POS system, Restaurant iPad POS Features, benefits, how to choose, etc.
jessielee214

7 Things Every Hotel Management Professional Should Know | Cvent Blog - 0 views

  • To achieve that balance, a hospitality professional must understand this most important audience, beginning with two fundamental objectives:
  • Create an excellent event: This includes making registration easy, managing the event properly, and creating a unique experience. Remember, attendees are spending valuable time and money to participate – make it memorable so they want to come back the next time.
  • Achieve the company’s business goal: Perhaps the point of the event is to train employees, or network around emerging trends. Maybe it’s a regional get-together designed to rally the sales troops for the next quarter.
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  • Complex Events
  • by Oxford Economics, around 1.5 billion people participate in business events every year, across more than 180 countries. Global business events generate over $1 trillion in direct spending, and supported 10.3 million direct jobs globally.
  • 2. The value of events
  • To understand planners’ goals and expectations for the event they’re tasked with creating, let’s start with the basics. Events generally are categorized by size, purpose, and type — all of which are increasingly dependent on a technology footprint and a digital experience.
  • 3. What makes an event: size
  • Understanding the basic mechanics around an event can help clarify the planner’s approach, and improve communication.
  • "Simple" Events
  • Defined as small, repeatable meetings with “simple” requirements such as basic audio/visual facilities, these events are usually limited to 100 or fewer participants.
  • Midsize Events
  • Larger meetings rely on technology, and require a robust marketing effort to attract attendees. Planners handling these more complicated events want fully branded websites, advanced registration options, and the ability to send targeted emails to their various attendee segments.
  • Small Events
  • The number depends on the area, but as a general rule a small meeting is between 100 and 250 attendees.
  • Forty-three percent of planners in Cvent’s Planner Sourcing Report cited live music and entertainment as their top strategy for building memorable experiences.
  • Planners tasked with arranging large-scale events need an array of solutions that help manage cost and risk, optimize the experience, and measure business impact — including ROI. 
  • 4. What makes an event: point and purpose
  • One can only imagine the chaos of a meeting without a point or purpose!
  • For venue managers, understanding the purpose of an event is critical in helping planners design the right experience, from registration to conference space needs and room management.
  • For Profit
  • The key is in keeping costs as low as possible without sacrificing the experience.
  • Corporate
  • Planners arranging a corporate event will likely need help driving attendance to sessions, generating leads, and tracking ROI.
  • Membership Growth
  • Associations and consumer groups rely on member events to raise funds and recruit new members. So it makes sense that planners are acutely interested in driving attendance.
  • 5. What makes an event: the experience
  • The popularity of events is due to the quality of the experience — one that’s a good measure more than a speech and a presentation.
  • 1. Why events matter
  • Live Entertainment
  • A Quality Keynote Experience
  • There’s also an emerging desire for shorter sessions and more interaction with the expert — before and after the keynote. Perhaps most of all, keynote speakers must be able to use real-world examples to support their data.
  • Food and Beverage
  • The trends underscore a preference for locally-sourced and creative, exotic cuisine. Consider that more attendees have dietary restrictions, requiring hotels and caterers to be accommodating and flexible.
  • 6. What makes an event: technology that puts everything together
  • Innovations such as virtual reality grab the headlines, and for good reason: according to a Consumer Technology Association survey in 2017, 77% of U.S. consumers are interested in purchasing VR equipment.
  • Branded Websites
  • Websites that promote the brand to attendees also create anticipation for the coming event experience. More practically, these websites help ease registration, check-in, and more.
  • Room Block Management
  • Venue managers who expect planners to use spreadsheets to manage room blocks risk losing business.
  • Digital Check-in Desks
  • Digital signs, self-service check-in kiosks and on- demand badging are increasingly expected as part of a smooth and easy event registration experience.
  • Real-Time Surveys
  • Branded Mobile Event Apps
  • This technology can expand the influence of the event to at-home registrants, and is effective at showcasing event space to planners.
  • Data Dashboards
  • We all prefer our mobile devices, and that doesn't change during an event. Attendees want instant access to agendas, updates, and networking.
  • Artificial Intelligence (AI)
  • Chatbots are popular with planners and hoteliers because they provide answers in real-time, and do so without much staff oversight.
  • Radio Frequency Identification (RFID)
  • RFID makes it easier for planners to collect data, such as surveys and session attendance.
  • 7. What makes an event: technology in the moment
  • Today, exceptional experiences also include a healthy amount of technology. From easing a time-consuming process, enhancing a stay or improving the level of interest or interaction with a topic, technology is at the forefront of helping planners create exceptional in-event experiences
  • To put it simply: if your guests are sitting idle and passively listening, then their energy and engagement is sure to decrease.” The great opportunity is to instill a sense of excitement and enthusiasm in your events through the connective power of technology.
  • Websites: It’s not just for registration. A good event website can drive engagement before, during, and after the event through interactive content, video and images.
  • Room Block Management: Helping every participant register quickly and efficiently gets the event off to a great start; it’s also a great way to offer upgrades and package offers to attendees
  • Virtual Reality (VR):
  • At-a-glance analytics provide quick insights that can help optimize events and offerings.
  • Augmented Reality (AR): Digital interaction is the name of the game, and that's exactly what AR does: Have attendees use their phones to transform your venue with visual effects.
  • Beacons: Few solutions are better at connecting events and mobile devices. Period. At events, Beacons improve communication, push updates, and promote targeted content — all through Bluetooth.  
  • Planner Expectations Around Technology
  • Technology has indelibly changed the hospitality industry. Professionals on both sides of the meetings and events ecosystem — planner and supplier — now expect technology to power their events and increase efficiency.
  • The Value of Technology
  • That finding reflects an emerging requirement for venue managers to stay abreast of the application of technology in order to provide a best-in-class experience for planners. Some of the significant benefits planners and hoteliers can expect to achieve include improved engagement, increased revenue, an improvement in managing costs, and greater ROI insights.
  • After the Event: What Attendees and Planners Want
  • Event attendees are also hotel guests. So, in addition to their expectations for a memorable event, they’re also looking for amenities and options during off-hours.
  • Doing that takes more than spa services and local tour packages. By keeping the connection alive, there’s an opportunity to build an ongoing relationship. This makes it easier for planners to return to your venue for the next event.
  • Put your hospitality management professional learnings into practice
  • With all that goes into an event – the sourcing, logistics, and managing of hundreds of issues – what most planners want is for attendees to walk away satisfied and rewarded for spending time at the event. Post-event special touches, from a relaxing spa treatment to a simple survey and “thank you,” send them on their way with an unforgettable final impression
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    This article gives some ideas on how to successfully host an event. Events are important and valuable to the hospitality industry. An excellent event includes making registration easy, managing the event properly, and creating a unique experience. Events can be divided into "Simple" Events, Midsize Events, Small Events and Complex Events. The size of the event will affect the planning of the event. The main points and purpose of the event are also factors to consider when planning the event. Time should have a clear theme, while considering the company's profits. Finally, applying the current technology to the event to create an unforgettable experience for customers is also essential for a successful event.
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    This article talks about the detail about a professional way to make a good event. It lists seven necessary points. Also, showing the point of view and example to make the reader easy to understand.
ivonneyee

Modern Management Technologies in the Hospitality Industry - 2 views

The article talks about how it's worth investing in proximity marketing to increase the speed of a customer's decision, increase engagement, and eloyalty. The article states that marketers who know...

jmeji095

What Is a Retail POS (Point of Sale) System - 1 views

  • Making big, bold investments in point of sale systems means establishing a single view of the customer, inventory, and order so that retailers can deliver the end-to-end experience customers expect
  • Achieving a single, 360-degree view of the customer and inventory is no longer a competitive advantage, but a basic requirement to thrive
  • 71 percent of consumers say that the speed of service, checkout experience, and delivery options are important to stay loyal to a retail
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  • Today's retail POS systems must have the ability to:
  • Accept customers' growing range of preferred payment type
  • Make recommendations for customers based on their purchasing history
  • As studies show more than half (57 percent) of retailers said they are arming their store employees with mobile technology; and another 13 percent plan to
  • To drive customer engagement when and where appropriate, retailers need the flexibility to ensure whether docked or portable, they can choose the form that best suits their needs.
  • As part of a retail omnichannel strategy, POS software enables retailers to empower their store associates to better perform in-store clienteling, loyalty initiatives, and offer promotions
  • Speed to value: Quick deployment helps retailers innovate faster and provides the flexibility to implement change when the market requires it.
  • Cut your application costs: Significantly lower the percentage of your business unit's budget that's devoted to IT spending, which means you can invest in other areas while still using up-to-date, fully functional, secure business applications
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    POS systems play a large role within the hospitality sector and develop by being used within different company types and industries. One main place where a POS is used and is extremely important is in retail. Along with creating speedy checkouts for customers, it is now a basic need for most of these POS systems to be using an inventory calculating software.
mmoutsatsos

Nail The Basics Of Cybersecurity With Multifactor Authentication (MFA) - 0 views

  • When it comes to the basics of cybersecurity, nothing is so elemental as the password.
  • the simple password has endured as the first and last guardian of consumer and business data. 
  • But with the rise of sophisticated hacking techniques, passwords alone can no longer protect against unauthorized access and security attacks.
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  • Enter multifactor authentication (MFA). By adding extra layers of security to a user's login process and requiring they enter two or more pieces of evidence (e.g., factors) to prove they are who they say they are,
  • MFA is a great method for boosting protection against everyday threats like credential stuffing, phishing attacks and account takeovers.
  • 1. Passwords alone are no longer enough to protect against security attacks.
  • it's critical every company apply effective security measures to protect their data.
  • to protect business and customer data, it begins and ends with preventing unauthorized account access.
  • MFA is the most direct and effective way to do that.
  • A familiar example of MFA at work is the two factors needed to withdraw money from an ATM.
  • Your ATM card is the something that you have, and your PIN is the something you know.
  • companies can require all employees to verify their identities with two or more pieces of evidence to prove they are who they say they are.
  • 2. Companies around the world (from Fortune 500s to small businesses) are feeling the urgency to adopt MFA — but a knowledge gap persists.
  • It's imperative companies invest in training employees on how using MFA is essential to securing access to both work and personal accounts.
  • industries in our everyday lives — led by social media platforms and financial services — requiring consumers use MFA to secure their personal accounts, both businesses and employees are normalizing the everyday routine of MFA. 
  • make the connection between security at work and in their personal lives and understanding they're two sides of the same coin.
  • 3. MFA adoption can seem overwhelming, but it doesn't have to be.
  • By recognizing any technical, change management and financial challenges to user adoption, committing to open communication, and providing the resources and training your employees need, any business can conquer that fear of the unknown. 
  • When adopting MFA, prioritize identifying the strongest and most user-friendly authentication method possible for your organization.
  • that means using an authenticator generator app, a hardware security key or a combination.
  • the reality is a large percentage of U.S.-based employees are also consumers with a smartphone in their pocket.
  • on that phone, the employee is already using multiple apps that require MFA.
  • 4. Balance security with ease of use when identifying a preferred authentication method for your organization
  • With options like hardware keys, you often see employees run into issues losing, replacing or breaking them. But a (TOTP) mobile app can be continuously updated in ways that make the MFA process more seamless (e.g, an app that verifies automatically from trusted locations like an employee's home office).
  • authenticator apps on devices like iPhones have the added benefit of extra layers of security at the phone level like PINs and biometrics like Face ID.
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    This article talks about companies transitioning to multifactor authentication as an added layer of protection of cybersecurity.
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
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    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.
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    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.
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    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.
Franc Pulido

Event Planning - Technology Solutions - Wi-Fi Wars: What You Need to Know to Negotiate ... - 0 views

  • Internet access for meetings and events has become something of a headache for planners
  • access in the meeting room is a requirement
  • Attendees have come to expect complimentary high-speed access in their rooms, at meals, and even at the gym. The task of assessing your data needs and negotiating a fair price is daunting, at best. 
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  • The site inspection is a planner’s best opportunity to put a property’s Internet setup through its paces
  • Free” Wi-Fi is a tempting perk, but what are you really getting? 
  • Another factor to consider is security; free  Wi-Fi can be accessed by virtually anyone
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    Providing an easily accessible and reliable internet connection to their guests has become a major task for event planners in the hospitality industry. These days, free Wi-Fi is basically a requirement for all hotel guests whether or not their trip involves business or pleasure. As the title suggests, this article provides event planners with suggestions on how to negotiate a data plan that's both effective and efficient. It all starts with a site inspection visit by a technology consultant. In doing so, event planners could ask all sort of questions regarding the proper service (DSL, satellite, T1, etc) proper bandwidth limit and the necessary number of access points. Personally, I stayed a resort a few days ago in which the complimentary wi-fi wasn't reliable in the common areas of the hotel. It was a struggle trying to access the internet and the situation became frustrating since I wasn't able to complete some of my work. Like me, I am sure there were business men and college students who may have experienced the same problem. For the event planning team, this must have been a headache since the wi-fi amenity wasn't up to par as previously advertised. In conclusion, it is every important that event planners conduct the proper research on what type of data needs their establishment requires. The use of the internet is inescapable especially in today's world since guests handle all types of personal and professional business through their technology artifacts.
Kristen Kaminski

Is a Hotel PMS Right for Any Company Involved in the Hospitality Industry? - 0 views

  • If you have bedrooms, tables or leisure services then you know how important it is to manage them efficiently. Software is purely a tool a tool of the trade so to speak. However what is very important is that it is reliable and doesn't cost the earth. Without electricity it would be next to impossible to keep a hotel open and today with the increase in competition, the most efficient hotels are the ones that will prosper.
  • A hotel PMS is something that all people who own and run hotels should look into getting. The efficient manner in which the hotel may be run with the hotel PMS is only one of the many benefits you can get. Of course you do not have to buy the top of the range software as getting the core module may be enough to cover your needs.
  • Core features should include guest management, housekeeping, reservations, online booking and billing management.
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  • With a good cloud based PMS suite, you should be able to manage your own reservations without paying commission
  • No matter the size of your hotel it is best that you at least get the core product. Keeping an electronic record of all your hotels workings is always a good idea.
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    This article is an instruction on how to find out a suitable property management software. The core features the efficient PMS should have including guest management, housekeeping ,reservations, online booking and billing management. The Property Management software also allows the report issues they have noticed like repairs that need to be done. The author concludes that it is best to get the core product regardless of the size of the hotel.
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    I think that finding the perfect property management software for your company is absolutely vital because it is going to cost you a lot of money and time to learn how to use the new system and you do not want to purchase the wrong one. From basic motels to fancy hotels and resorts every place should have an effective property management system and one that suits their needs. A basic motel might need one but does not need one with all the bells and whistles that a fancy upscale resort would need.
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    This article introduces the importance of the PMS in the hotel. When the hotels choose the PMS software, the simple and smart one is a better choice. For most efficient system, it always includes guest management, housekeeping, reservations, online booking and billing management. The advantage of the PMS is less cost. The hotels choose a good PMS will not only save money but also manage the hotel in a wonderful condition. The PMS can help the hotel store data and keep track of the housekeeping that the manager will solve some problems between housekeeping and customers. In a word, choosing a good PMS is necessary for the hotel.
Yue Li (3011472)

How To Choose A Property Management System - 0 views

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    There is a misconception that all PMS are the same. Although basically, they have similar functions, they are not the same. PMS used for restaurant cannot be used in a hotel, and PMS used in a bed and breakfast and that in a luxury hotel are different. It is important to choose the most appropriate PMS for a property. Managers need to consider some things before purchasing a PMS. First, what are the specific needs of your particular businesses? Second, the PMS that a hotel buy cannot have too many weakness compared with its strengths, because too many weakness will make the purchasing a poor choice overall. Third, the cost of purchasing a PMS cannot conflict with financial budget. Even if a manager did all three above, it is inevitable that the PMS you bought are not perfect, however, this imperfection is acceptable.
anonymous

Basic Restaurant Accounting - 0 views

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    This article explains the accounting systems and why it is important in the hospitality industry. Every business needs to have a good system so that it records all activities and keeps track of all the cost and sales of items. To have a financial statement is crucial, because it allows managers to evaluate the services rendered and goods delivered in the operations of a business. Nowadays, with the technology, it has made it easier for accountant to follow the statements, with the operating speed and effectiveness of calculating transactions. In hotels, there are many areas of accounting. For example, in the restaurant accounting, where cash is often used, there needs to be a system to keep track of all the in and out of the restaurants. Transactions always need to be recorded even if payment has not been made or service has not yet been rendered. It always has to be in the system so that there is a record of all transactions. It will then be easier to run a business when the statements can be read by the business managers.
Yawen Zheng

19 Mobile Point-of-Sale (MPOS) Solutions Achieve MasterCard Best Practices Certificatio... - 0 views

  • Currently, the following Mobile POS solutions providers have successfully completed the registration and self-certification process for their solutions: Corduro, Ezetap, Elavon, Handpoint, Itos, iVeri, iZettle, JSC Smartfin (2Can), Miura Systems, NetSecure Payments (Kudos), Payworks, ROAM, SCCP (Swiff), Soft Space, Square and Thyron Systems.
  • Small businesses and retailers that have never accepted card payments and previously operated on a cash- and invoice-only basis are turning to mobile point-of-sale (MPOS) solutions to expand their customer base and sales. Established retailers are also adopting MPOS solutions to engage customers in-aisle and enhance the retail and payment experience. MasterCard introduced the MasterCard Mobile POS Program to provide guidance to Mobile POS solution providers and promote simple and secure transactions when consumers use their debit, credit and prepaid cards to pay merchants that use these devices.
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    Traditional Point-of-sale system has its limitations for the users. The Mobile POS system provides convenience to the users on self-service. At the same time, it reduces the labor cost and attract more customers, who has interests in new technology. In current market, the MPOS has its advantages such as convenience besides the basic function of regular POS system.
Yuting Peng

IT Investment - Calculating the Value of an IT Investment - 0 views

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    Justifying IT investments is a critical skill for anyone working in technology. It's important to understand the terminology and basic techniques to make a choice to invest a new equipment. Capital Expenditure (CAPEX), Depreciation, Cash Flow, Discount Rate are basic IT investment analysis terminologies. Capital is used to identify a purchase that can be used more than one year. Usually companies will have policies on the useful life of equipment. Depreciation is used to spread the expanse of a capital IT investment over the useful life of purchase. Cash flow means that the movement of cash. And there are cash and non-cash items. Discount rate can be used to account for the fact that a dollar today is worth more than past. There are two simple IT investment techniques, Net Present Value, and Payback Period. Net present value lines up a series of cash flows over time and discounts each to the current period. It take into account the time value of money. It typical to look at cash inflows (saved maintenance costs from retired software), and outflows (cost of the software) over a 3 to 5 year period and discount the net inflow less the net outflow into a single value. Payback period analysis is trying to indicate how long the IT investment takes to recover the cost of the investment. Usually the shorter the payback period the less risky the IT investment
Laura Alonso

Miami hotel transactions expected to hit $750 million in 2013 | Hotel Management - 0 views

  • "The Miami brand is stronger than ever reporting records on records in 2012, including 13.9 million overnight visitors," said Greater Miami Convention & Visitors Bureau President & CEO William D. Talbert, III, CDME.
  • Miami's metro area is among the highest performing U.S. hotel markets, achieving recording occupancy and ADR in 2012, and ranking fourth in terms of RevPAR performance.
  • Miami draws in a massive influx of tourists from around the globe, and during the past 20 years the market has emerged as a crucial commercial hub linking the United States to Latin America, and eventually Asia with the imminent expansion of the Panama Canal.
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    This article caught my eye because I think we can relate to the hotel projections for Miami this year. It basically states that everyone wants to be in Miami, and I can see why. I also agree with the topic the article touched up on: Miami is a melting pot. It is, as it states, a "...commercial hub linking the United States to Latin America..." I think that the rising tourism in Miami can help increase revenue and can eventually continue to market Miami is such a positive light. Yes, every city has its flaws but I think Miami will continue to bring in tourists and hopeful residents. 
Yanqiu Li

REVENTION POS - 0 views

  • Bomgar remote support solution
  • Revention’s search for a new remote support solution began with the previous solution’s inability to meet the company’s growing needs and comply with rigid security standards.
  • security is a major focus for their business,
  • ...4 more annotations...
  • fulfilled all of our current requirements
  • Bomgar solution
  • pre-built integration with Salesforce.com
  • it’s imperative that you access them in a highly secure and completely auditable manner.”
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    In this article, basically, it tells us two main reason why Bomgar Reomote Support for 20,000 POS. Just like the autor talked in the passage: this software can stay in compliance with the regulations of both the Payment Card Industry Data Security Standard (PCI-DSS) and Payment Application Data Security Standard (PA-DSS), which fulfilled all of their current requirement. Another reason is it heavily invest in Saleforce.com, which offers users the most secure access to POS while it also gives them enough guidances of how to use it, which become the most important reason for users to select this software because it's imperative that thy access them in a highly secure and completely auditable manner. In my eyes, it did really well in reduce users top anxierty of security. Personally, I think if every technology can solve consumers' top securiy problem it will be the biggest success.
Frances Mesa

Electronic 'Smarts' at Hotels Attract Guests - NYTimes.com - 0 views

  • Hotels around the world are using technology in new ways, with the goal of speeding up or personalizing more services for guests.
  • He said he had found that hotels were using technology as a substitute for human hospitality.
  • Instead of the staff at the front desk offering advice on where to go for dinner, guests may be lent an iPad loaded with maps and suggestions for local restaurants and sightseeing.
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  • “Hotels are transforming service into a digital concept,” Mr. Davies said.
  • Ms. Kahn said personalization continued to be another big theme in hospitality
  • Ms. O’Reilly said she also used Foursquare to share where she was by “checking in” at that location. She was recently surprised to discover as she was checking in at a Starwood hotel that she qualified for a Foursquare promotion and received 250 points for her Starwood loyalty program account.
  • Some technology offerings extend beyond the hotel’s walls. The Park Hyatt Tokyo rents guests a pocket-size mobile Wi-Fi connector to use with an iPhone, iPad, BlackBerry or laptop to make international calls and get Internet access wherever they go during their stay.
  • Despite all the new bells and whistles, sometimes the most basic of the modern services is what counts the most. Guests’ No. 1 choice of a hotel amenity is free Wi-Fi, according to a 2012 Hotels.com survey.
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    This article focuses on the "smart" trends in hotels that are replacing the human service. In this article David-Michael Davies does make a good point about "technology as a substitute for human hospitality" Now days hotels are focusing on having the latest technology that it could be seen as if they are forgetting the human service in the hotels. Though, I do agree with Barbara Kahn, that "most guest, especially younger ones who are used to having information at their fingertips…l" However, hotels are still focusing in personalization and making their guest feel like they care about them and not just their money. In my opinion, it is wonderful that hotels are focusing on being up to date with all the technology that is being offered to hotels because it does simplify the whole experience of staying in a hotel and at the same time it saves money for the hotel. Like they mentioned in the article, hotels are saving money by using technology to manage their inventory instead of having employees physically counting them. Specially, when the technology being adopted in the hotels can help safe money for guest. Just like The Park Hyatt Tokyo helps their guest with saving money with international calls. Furthermore, hotels are adding more advantages to being connected with them through social media. by offering promotions, discounts and even free drinks if you tag, check-in or write about them. This type of telecommunication is growing every day, but hotels should remember that the most basic modern service is important for the guest. Free Wi-Fi is a most for almost everybody now days.
Claire Conway

How Fast Is Your Hotel Internet Connection? || HotelChatter - 1 views

  • Nearly two-thirds of hotels offer free WiFi, whether it be free outright, free if you join the loyalty program or free if you simply make your reservation directly with the hotel.
  • if the hotel doesn't offer a tiered WiFi plan where you can pay extra to have more bandwidth and a faster speed then really, that hotel touting its free WiFi is completely useless.
  • these speeds vary wildly from hotel to hotel and at this point, it's pretty impossible to say which hotel brand is doing it best.
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    This article discusses the difference of internet speeds in hotel rooms. Many hotels that offer free wifi have some of the slowest internet speeds available. Usually the internet bandwith is about 1 to 2 mbps per room. Since the connection speed is so slow the free wifi is basically useless to the guest. Some hotels are offering guests a tiered wifi plan at an additional price that has more bandwith and faster speed. So then the advertised free wifi isn't really free anymore. The article lists the different internet speeds from various hotels found by speedtest.net
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