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blevi022

Horizon Properties Group Maintains Business Continuity with Aptech's PVNG During CV19 - 0 views

www.prweb.com/...prweb17212783.htm

shared by blevi022 on 05 Jul 20 - No Cached
  • When we deployed Aptech’s PVNG Enterprise Accounting this February we did not plan for a pandemic, but PVNG has been instrumental in our business continuity because now we can oversee financial performance and effectively manage operations remotely,” said Joshua M. Morgan, CHTP, director of technology and infrastructure for Horizon Properties Group, LLC.
  • Horizon Hospitality LLC specializes in hotel ownership, partner relationships, and hotel management services. Its portfolio includes Hilton, Marriott, and independent properties.
  • PVNG is an enterprise hotel accounting software financial system that supports one property or large multi-brand, multi-property portfolios. It uses the most current technology platform incorporating AP, GL, A/R, statistics, financials, and bank reconciliation with easy to use browser navigation. Aptech is an IBM Premier Solution Provider and Prophix Premier Business Partner offering web-enabled business intelligence, budgeting, and hotel accounting software
  • ...5 more annotations...
  • PVNG lets us remotely pay our vendors and coordinate the A/P workflow with our GMs. Our VP looks at all payments and invoices personally and can approve them remotely on her tablet from wherever she is. Remote cloud financial management was a major factor in our PVNG decision.
  • PVNG also lets us compare Hilton’s property reports with Horizon Hospitality’s budgeting and expense data
  • Our executive team works late and travels, and PVNG lets them oversee operations wherever they are. Even with CV19 taking place, PVNG lets our executive team work more efficiently to serve our properties and investors.”
  • Aptech VP Cam Troutman said, “Horizon Hospitality’s team is doing a great job of leveraging mobile technology to operate its properties during CV19’s impact on business. Aptech is happy to support the creative management processes Horizon implemented with PVNG. We are proud of how Horizon is handling the current issue.”
  • When we deployed Aptech’s PVNG Enterprise Accounting this February we did not plan for a pandemic, but PVNG has been instrumental in our business continuity because now we can oversee financial performance and effectively manage operations remotely
  • blevi022 on 05 Jul 20
     
    Horizon properties had been looking to get a remote accounting system for 3 years and deployed Aptech's PVNG Enterprise Accounting system this February prior to planning for a pandemic but have become very useful for business continuity during COVID 19 by allowing operations to be managed remotely.
sining

Palm Beach Hotel Shifts to Sky Horizon Property Management System | Sky Software - 0 views

www.skyits.com/...zon-property-management-system

software pms horizon hotel technology

shared by sining on 17 Feb 13 - No Cached
  • Palm Beach Hotel has selected Horizon Property Management System, since it is designed to give the hotel’s management full control over the front desk and guest transactions
  • Moreover, the system is equipped with an advanced interface gateway, which enables online interaction between the front desk and other hotel facilities
  • The project implementation began with manually entering the settings data in the new system
  • ...2 more annotations...
  • Then, extensive training sessions were conducted for the General Manager, IT Manager, Receptionists and Accounting Department
  • Implementing Horizon Property Management System has also helped the Financial Department
  • sining on 17 Feb 13
     
    Palm Beach Hotel face some challenges, they are looking for a solution that is capable of managing the hotel front desk and guest transaction. In order to solve this challenge then use the Horizon property management system. This system can give the management full control over the challenges. It is also equipped with an advanced interface gateway, witch help to connect the front desk and other hotel facilities. This PMS also can implement in the finance department. However the training process is critical, hotel stuff need to be trained. Over all this new system is more flexible and user friendly  than other system they used before. 
Yuri Kim

Four-property Mgmt Company Centralizes Financials for Greater Operating Efficiency | Ne... - 0 views

hospitalitytechnology.edgl.com/...ater-Operating-Efficiency66035

shared by Yuri Kim on 16 Oct 12 - No Cached
  • Horizon Hospitality Management has implemented the Aptech Profitvue enterprise back office solution to streamline accounting processes across its multiple branded properties. 
  • We wanted a centralized platform strategy for our multiple flags because it gives us control across our hotels to oversee their income audit, general ledger entries, and other accounting processes,
  • Yuri Kim on 16 Oct 12
     
    Aptech Profivne offers software that allows enterprises not only to efficiently handle back office processes, and performance management but also to properly plan on using resource for properties. Horizon Hospitality Management started to use Aptech Profivne back office solution in order to efficiently perform accounting processes across its multiple branded properties, such as Hampton Inns, Homewood Suites, and Cambria Suites. The first reason Horizon Hospitality chose the Profivne system is to have control over multiple properties. This system enables Horizon Hospitality to supervise all financial processes, such as income audit and general ledger entries, through a centralized platform strategy. Another reason is the hospitality industry experience Aptech has. With the wealth of experience, Aptech can provide differentiated systems adapted for hotels.
TIAN LIU

Hotel software pioneer heads to the Cloud - 3 views

www.hospitalitynet.org/...4058991.html

hotel software

shared by TIAN LIU on 16 Jan 13 - No Cached
  • When Cloud computing first appeared on the technology horizon, protel realized early on that the future of IT is mobile and in the Cloud. So as early as 2009, protel acquired the first "Cloud clients" for bookatonce, their brand-new web-based property management software (PMS).
  • When Cloud computing first appeared on the technology horizon, protel realized early on that the future of IT is mobile and in the Cloud.
  • Today, already more than 4,000 clients use Cloud solutions by protel. All of them enjoy a newly-won piece of independence because web-based applications can be accessed through an Internet browser on different types of devices regardless of operating system or native language.
  • ...1 more annotation...
  • Hoteliers who cannot or do not yet want to move into the Cloud, however, do not have to completely forego its benefits. protel offers a continuously increasing number of web-based modules to extend the on-site protel PMS solutions
  • TIAN LIU on 16 Jan 13
     
    Could computing is the most productivity and advanced toll for collect the information and data analysis. Hospitality industry is based on the information of the guest and data of the operation to improve the their management, so the could computing technology is very needful for hoteliers. Though the article, we can learn something form the Protel hotel software company, that we need to know what are our customer need, so we can get to it and make them satisfaction. How can we know that, data base and information collecting can show us about the experience of the guests lived in hotel, and via this resource we can find the problem and solution more easier, so using the advanced software in hotel operation is very necessary.
Hyeyoung Jang

Hotel Industry Security Risk Management: "Fingerprint Entry Systems" Are Starting To Be... - 0 views

hospitalityrisksolutions.com/...reliable-guest-security-option

http:__hospitalityrisksolutions.com_2010_10_29_hotel-industry-security-risk-management-fingerprint-entry-systems-are-starting-to-become-more-common-as-a-reliable-guest-security-option_

shared by Hyeyoung Jang on 30 Jun 12 - No Cached
  • Those plastic key cards that once seemed so innovative will soon go the way of the actual key. The new thing is contact less Smartcards and RFID (Radio Frequency Identification) cards that need just be waved to allow room access.
  • Hyeyoung Jang on 30 Jun 12
     
    This article talks about the fingerprint entry system in hotel. Yet more card-free security systems are on the way. They may still be minor blips on the greater hotel horizon, but biometric systems that seem right out of Mission Impossible have been introduced in the U.S. If you want to get into your room at New York's SoHo Loft, you're going to have to lift a finger. The seven-room hotel has a fingerprint entry system. Guests touch the door pad then enter a code for extra security. Kimpton's 190-room Nine Zero Hotel in Boston was the first hotel to install a biometric iris scanner back in 2004, but only guests of the 1,065-square-foot Cloud Nine penthouse suite have to bat their eyelashes. The uses for biometrics don't have to stop at the guestroom door, either. The Nine Zero also uses the technology to make the property safer all round, as it has installed the LG IrisAccess 3000 at the employee and delivery entries to the hotel, as well, meaning that non-staff members and intruders can't access the property.
Linlin Mo

Visit Baltimore launches 3D map app for city tourists - Baltimore Business Journal - 3 views

www.bizjournals.com/...imore-launches-3d-map-app.html

tourist 3D map app

shared by Linlin Mo on 31 Aug 12 - No Cached
  • Ayers Saint Gross used a combination of satellite, GIS and aircraft imaging to create the 3D map, which can be constantly updated as new buildings arise and others are torn down.
  • Ayers Saint Gross is in the process of working with Apple and Android to create smart phone versions of the app, and could not give an estimate of when it would be ready for the public.
  • Not only does it allow tourists to navigate the city, but it also sells the city to potential clients interested in bringing their meetings and events to Baltimore, he said.
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  • Potential visitors can search for rooms for conventions, find restaurants near their hotels and see nearby transportation options from the bird’s eye or a street view. Noonan can even create custom virtual tours to showcase local attractions that particular groups might be interested in, allowing new visitors to understand the lay of the land before they’ve set foot on it.
  • Linlin Mo on 31 Aug 12
     
    This article introduce a very nice, brand new 3D application that can help many tourists when they arrive, in Baltimore. As useful as the app may be to tourists, it's pretty sad that they have all these lovely features for one city and nowhere else.We can see that from google map to this 3D map, seems like it is a trend that the companies are developing theapplication of navigating tourists. However, I'm glad that they haven't revealed this app to the App Store or Play Store yet for the public because they need to expand their horizons before they even think to release it to the market. But as long as they improve this app and release to the public, it will be great convenience for the tourists.
  • Michael Anthony on 31 Aug 12
     
    I highlighted the two passages I found to be most interesting in blue. I read that the system will update it's self every 24 hours but I'm wondering if that would include the forecast and traffic conditions. Does this also offer some type of naviagation device weather it be by car or foot? Baltimore, can be a rather rough city at time. I know that it will high light tourist attractions, convention centers, etc. But will it highlight street names and areas that travelers should stay away from?
kteme001

Restaurant POS System Benefits - How POS Systems Help - 0 views

www.possystemrestaurant.com/...pos-restaurant-benefits

IT technology Hospitality software solution tech

shared by kteme001 on 19 Feb 18 - No Cached
  • The restaurant business is highly competitive, and one of the keys to success in the industry is customer service.
  • But if you limit your restaurant to cash only payments you are routinely turning away customers from your doors,
  • The answer to the problem is simple. The introduction of a POS system with simplified credit card payment can dramatically boost daily sales in both full service and quick service establishments.
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  • Open the Door to More Customers:
  • A restaurant that sticks to a cash only concept is cutting themselves off from a potential increase in traffic.
  • With the addition of the necessary software, your POS system can also be set up to accommodate a variety of digital payment platforms such as Apple Pay, Bitcoin, and PayPal.
  • Quicker Processing of Payments: T
  • It’s important to be able to cash out customers quickly and efficiently,
  • More Accurate Payment Processing:
  • eliminating potentially costly mistakes and misunderstandings that are so common to handwritten tickets.
  • Splitting Tickets:
  • Hand splitting a ticket, especially for larger parties, can take valuable time away from other customers.
  • With a restaurant POS system, splitting checks is quick and easy
  • Prevent Order Errors:
  • Bad handwriting, unfamiliar abbreviations, and messy tickets can lead to unnecessary errors in the kitchen, resulting in mistakes on the line and delays in service
  • Track Inventory:
  • Restaurant specific POS systems allow for the real time tracking of inventory, with the dedicated software recording the projected usage of all ingredients as each order comes in and is prepared by the kitchen.
  • Whether it’s a casual dining establishment or a corner cafe, we can deliver the POS system you need to increase traffic, enhance your customer service, and boost your bottom line.
  • kteme001 on 19 Feb 18
     
    The article talks about how restaurants can use a POS system and reviews the pros and cons of whether a system like this is beneficial to an establishment. It states that customer service plays a huge role in the success of a business and having a well operational POS system aids in the success of the customer service offered. One example of being more successful is to be sure you can accommodate as many customers as possible… so offering the payment option of just cash limits your projected revenue whereas accepting credit cards broadens your horizon as a business owner. Saving on merchant fees may be hurting income all together. This article goes over the benefits of a POS system and how it can improve daily sales. These benefits include a quicker processing of payments, more accurate payments, splitting orders, opening the door to more customers, preventing errors and tracking inventory. All of these things assist in the accuracy and smooth running of an establishment.
  • bdolman on 21 Feb 18
     
    Hello, This article is very insightful with regards to how a POS system can become beneficial. Indeed, customer service plays a major role on the business and having a well-positioned POS system. Therefore, as a hotel or a restaurant needs to focus on service, a POS system can complement this objective. Being able to accommodate as many clients as possible through great customer service and organization can be obtained through a POS system. Additionally, I think this system helps maximize time and optimize processes. I'm sure a wide array of companies are appealed to this, it is a matter of finding which type of POS system would be most suitable for them.
sherylvelazquez

The Future of Global Distribution Channels: New Horizons for Airline e-Commerce - 0 views

w3.accelya.com/...orizons-for-airline-e-commerce

technology hospitality

shared by sherylvelazquez on 25 Jan 20 - No Cached
  • Earlier this year, Lufthansa announced that it was adding a surcharge to all bookings made via global distribution systems in an attempt to funnel traffic to direct bookings
  • Nonetheless, distribution has seen a number of interesting trends that may spell new opportunities for airlines looking to capture new markets, bring in additional revenue via ancillaries, and keep pace with the competition. Airlines are more interested than ever in alternative distribution, with the majority of airline marketing/sales/distribution executives saying they are very or extremely likely to adopt an alternative to GDS by 2017.
  • Overall, travel “distribution” is becoming more like “e-commerce,” with campaigns, offers, and channel marketing edging out the simpler “product push” of yesteryear.
  • ...3 more annotations...
  • Pay-per-click advertising is a huge boon for the travel industry – travel and tourism was the third highest spending industry on Google AdWords in 2014,
  • Metasearch is a great opportunity for airlines because, again, it meets comprehensive or complex travel shopping needs.
  • With IT solutions that can gather, store, and analyze data in a variety of ways, airlines are better able to monitor performance across channels, quickly adjust offers based on a variety of situations and circumstances, and optimize communications and transactions by device.
  • sherylvelazquez on 25 Jan 20
     
    This article is about the future of global distribution systems and how airlines are making a push towards direct bookings. They are using things like performance adverting, metasearch networks, and data based e-commerce in increase revenue and improve operations.
xiaoyuzhang

Top 5 Cloud Computing Trends for 2020 - Learn What You Need To Know - 0 views

vnt-software.com/cloud-trends-2020

Cloud computing trends

shared by xiaoyuzhang on 12 Sep 20 - No Cached
  • In 2020, the emerging cloud trend is that enterprises are becoming less worried about sticking with one cloud vendor, and are embracing a multi-cloud or hybrid-cloud offering where they can get the best out of each solution.
  • Visibility across a heterogeneous environment will be more important than ever, ensuring that organizations can achieve the same level of insight across the board, in various instances and platforms, without gaps.
  • According to Gartner, the worldwide revenue from public cloud will grow by 17% this year to $266.4 billion. A record-breaking 60% of organizations will be using an external cloud provider’s managed services offering by 2022, doubled from 30% in 2018 – growth is an undeniable cloud trend. The decentralized model of consumption has raised costs for organizations exponentially, and often without any control over the spiraling bottom line.
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  • While your cloud provider will be responsible for infrastructure needs such as storage, outsources will be taking care of compute and networking, specific needs such as data, visibility, AI and ML technology, or IoT.
  • As cloud costs get taken under control, businesses will have more revenue at their disposal to take advantage of these solutions that beat their specific industry challenges. In turn, providers will look to push out innovation that is easily accessible to a wide audience, has a low learning curve, low-code interface, and is more democratized overall, so that anyone can reap the rewards. Without the need for a team of data scientists, organizations will begin to see the benefits of Machine Learning, AI, and automation in a very tangible way to solve and enhance business strategy and an exciting cloud trend in 2020.
  • xiaoyuzhang on 12 Sep 20
     
    This article showed us 5 cloud trends coming up over the horizon in 2020. They are multi and hybrid cloud environments will continue to grow; retaining compliance in an increasingly complex environment; organizations will make it a priority to control cloud costs; solution-focused partners; a continued shift to tech on demand.
jessielee214

2019 Hotel Accounting Trends Are All About the As | Hospitality Technology - 1 views

hospitalitytech.com/ccounting-trends-are-all-about

shared by jessielee214 on 08 Feb 19 - No Cached
  • From an industry perspective, the next chapter of hospitality accounting will be all about the three “A’s”: apps, automation and analytics. Faced with greater demands in 2019, hoteliers will be forced to find new forms of automation to speed up financial processes and improve visibility on the backend, while enticing guests to utilize mobile apps through enhanced personalization on the frontend.
  • Mobile app reporting not only streamlines efficiencies and allows easier access to data, it also allows today’s hotelier to be more agile. GMs and other personnel can be on the go and still have KPIs, productivity data and real-time stats in the palm of their hand.
  • Good data supports good management. As more guests tap into hotel apps on the front end, hoteliers can track, analyze and adjust their offerings on the backend to meet guests’ needs, all while supporting a business synergy and strategy that makes sense.
  • ...31 more annotations...
  • Increased automation will remove manual workloads and streamline processes. Putting the right industry-specific accounting software in place will be a game-changer for hotels looking to pinpoint inefficiencies and significantly reduce expenses across property lines.
  • During the next wave of hospitality technology, more and more hoteliers will recognize the power of analytics and adapt their strategy accordingly. Smart operators will seek out the most versatile technology on the market to collect and store information through data warehousing, which enhances data mining, analytics reporting, decision support and business forecasting.
  • Hotels have already begun replacing front-desk employees with apps, robots and automated kiosks. As a result, finding high-quality labor (at a reasonable cost) is no easy task.
  • As we continue to live in an increasingly customized world, hoteliers will seek targeted accounting tech partners to replace one-size-fits-all solutions.
  • Apps/AI Over the last decade, the hospitality industry has developed a fixation on mobile technology that has revolutionized hotel management. In the next phase, this trend will continue with full force—and any service that is currently delivered using pen and paper will eventually make the shift to mobile.
  • Hoteliers are already using their mobile apps for real-time data analysis, allowing them to make informed decisions whether they are on property, near their work areas, in the field or on the fly.
  • Predictive analytics and forecasting tools will continue to allow management teams to better anticipate and adjust decisions to meet future guest needs without sacrificing bottom-line results.
  • While there has been significant introductions with regard to guest-facing apps, and apps focused exclusively to enhance the guest experience, the untold value in mobile apps, for the operator, is behind the curtain
  • Automation Rising demands from guests will require hotels to be more responsive than ever. To keep up with the pace, managers will need to access an array of critical information on-the-fly, from in-house guest preferences to upcoming reservations, restaurant volumes, spa bookings and so forth—with automatic alerts set up that notify staff members when there’s a deviation from the plan related to forecasts or scheduling changes.
  • By combining varied data sources into one centralized location, or data warehouse, an API-powered data system will provide a holistic snapshot of entire portfolio raw data into a user-friendly format with gauges, dashboards, trendlines and more to equip hoteliers with the answers they need to impact bottom-lines.
  • Analytics The phenomenon of “big data” has infiltrated the professional world, spanning industries and transforming all facets of business, from accounting and operations management to marketing and business development. No longer bogged down by paper and binders, today’s hoteliers can access numerous data sets at every turn, from STR reports to PMS documents and guest satisfaction surveys.
  • On a micro level, big data will help property managers faced with countless day-to-day decisions make more informed choices on the floor, from keeping track of labor expenses to assessing the cost of a new light fixture.
  • On a macro level, corporate and regional managers will have the extended oversight necessary to ensure the right decisions are made at every level of the company from the ground-up.
  • And finally—partnering with a hotel-specific provider will continue to be invaluable for hoteliers to speed up their internal processes, minimize investment, reduce errors, and increase overall performance to make more informed decisions on the horizon.
  • the next chapter of hospitality accounting will be all about the three “A’s”: apps, automation and analytics.
  • Apps/AI
  • this trend will continue with full force—and any service that is currently delivered using pen and paper will eventually make the shift to mobile.
  • significant introductions with regard to guest-facing apps, and apps focused exclusively to enhance the guest experience, the untold value in mobile apps, for the operator, is behind the curtain.
  • Mobile app reporting not only streamlines efficiencies and allows easier access to data, it also allows today’s hotelier to be more agile.
  • interact with and enhance the guest experience by being more available and more attentive on the floor. Removing the chains and restrictions of the desktop and expediting report compilation, hoteliers can truly begin to refocus on delivering the best experience possible without worrying about becoming mired in the weeds of business ineffeciencies.
  • Predictive analytics and forecasting tools will continue to allow management teams to better anticipate and adjust decisions to meet future guest needs without sacrificing bottom-line results.
  • Good data supports good management. As more guests tap into hotel apps on the front end, hoteliers can track, analyze and adjust their offerings on the backend to meet guests’ needs, all while supporting a business synergy and strategy that makes sense.
  • Automation
  • managers will need to access an array of critical information on-the-fly, from in-house guest preferences to upcoming reservations, restaurant volumes, spa bookings and so forth—with automatic alerts set up that notify staff members when there’s a deviation from the plan related to forecasts or scheduling changes.
  • Increased automation will remove manual workloads and streamline processes. Putting the right industry-specific accounting software in place will be a game-changer for hotels looking to pinpoint inefficiencies and significantly reduce expenses across property lines.
  • Analytics
  • Smart operators will seek out the most versatile technology on the market to collect and store information through data warehousing, which enhances data mining, analytics reporting, decision support and business forecasting. These capabilities will result in increased efficiencies, reduction of expenses and improvement of overall performance and profitability.
  • Over the next five years, the advantages of having a big data strategy will be infinite. Hoteliers who decide to apply big data in a meaningful way will reap the rewards in every facet of their business, from sales and marketing to guest satisfaction. On a micro level, big data will help property managers faced with countless day-to-day decisions make more informed choices on the floor, from keeping track of labor expenses to assessing the cost of a new light fixture. Using consistent data monitoring and evaluation, hotel teams will be able to deliver a higher level of service while making informed strides every day.
  • Technology and Labor
  • Effective labor management technology can help proactively notify management when there’s an issue and eliminate overtime before it happens to ensure that guest satisfaction remains high while balancing profitability. Mobile and dashboard data related to key functions that consume labor will become the GM’s best friend.
  • finally—partnering with a hotel-specific provider will continue to be invaluable for hoteliers to speed up their internal processes, minimize investment, reduce errors, and increase overall performance to make more informed decisions on the horizon
  • tricc003 on 08 Feb 19
     
    Accounting trends in the hospitality industry are always evolving with technology. Hotels are looking for technology that will catch their data and analyze it all while delivering it in a more user friendly app. Apps, Automation & Analytics are the A's of hotel accounting and technology.
  • ...1 more comment...
  • anonymous on 12 Jun 20
     
    Currently, accounting is about three different things. First, there are apps. Apps can be used to help hoteliers make informed decisions based off the analysis of real-time data. They are able to make these decisions from basically anywhere. Second is automation. Automation helps get rid of the looming manual workloads most hotels endure. The third thing is analytics. In today's hospitality industry, hoteliers are able to access data sets from wherever they may be. According to this article, apps, robots, and automated kiosks have already started to replace front-desk employees.
  • hankunli on 15 Jun 20
     
    Accounting cannot be without data. In my opinion it is mainly about data analysis. With automation and analytics, it will be more reliable and descriptive. Apps helps mainly in its portability and time efficiency.
  • jessielee214 on 23 Sep 20
     
    The article talks about three future trends called A's - apps, automation, and analytics. It makes examples of their function and works. In my opinion, the A's can use in any industry, not only in hospitality. They can help us work more efficiently and shorter working hours.
zihanwang

Hotel Accounting: Three Trends on the Horizon | Hospitality Technology - 0 views

hospitalitytech.com/ccounting-three-trends-horizon

accounting hospitality trends technology

shared by zihanwang on 15 Oct 19 - No Cached
  • the behind-the-scenes services and solutions that power the guest experience are evolving just as quickly
  • M3, a cloud-based financial platform for the hospitality industry, recently hosted hundreds of hospitality accounting professionals from across the globe at its biannual Partners’ Meeting. The event allowed hoteliers to see first-hand how quickly the industry is evolving to help solve real-world issues facing today’s hoteliers.
  • Customized technology that allows properties to work more efficiently in a way that makes sense for them will continue to gain traction in the hospitality accounting industry.
    • anonymous
      anonymous on 15 Oct 19
       
      1. Smarter, personalized solutions are putting time back into the hands of hoteliers In order words saving time by cutting back on things that used to take up a lot of time but now would be much faster and quicker to do with the help of technological advancements. This will give hotel managers the chance to spend less time on their computers and instead more time helping guests.
  • ...16 more annotations...
  • Insight enables users to create custom reports with data from the industry’s most recognized data providers, along with operating statistics, brand data and proprietary M3 financial and labor data into a personalized, actionable dashboard allowing hoteliers to make real decisions in real time
  • can save hours of time previously spent manually exporting data to create various types of reports
  • M3 recently debuted a new electronic imaging solution that relies on Optical Character Recognition (OCR) to extract key data from imported documents and eliminate the need for manual input.
    • anonymous
      anonymous on 15 Oct 19
       
      2. Automated Imaging (AI) is changing the way accountants do business. AI would be very beneficial as it is very accurate and it has a memory which saves important information and the more one uses it the faster it works.
  • The more a hotelier utilizes this system, the easier it becomes, as the solution learns and stores critical information, significantly speeding up A/P workflow with each use.
  • millennial employees play a critical role in helping to identify valuable trends as well as negative trends in need of adjustment.
    • anonymous
      anonymous on 15 Oct 19
       
      3. Millennial employee is just as important as the millennial guest. Given that the millennial generation are the more tech savvy generation it is equally important to have them as guests as it is to have them as employees. Not only are they up to date with all the technological equipment but they also know what trend are happening now.
  • harness the potential of employees in this age range or risk getting left behind or over investing in archaic solutions.
  • It used to take days to add a new hotel to our system, but we’re now able to get up and running in an hour or two through cloud-based tech solutions.
  • employers can maximize productivity and buy-in from the millennials on their payroll.
  • the behind-the-scenes services and solutions that power the guest experience are evolving just as quickly
  • Day-to-day processes are becoming smarter, more efficient and more streamlined, saving hotels and property management firms both time and money in the process.
  • #1. Smarter, personalized solutions are putting time back into the hands of hoteliers.
  • Successfully managing these assets demands cutting-edge adaptable solutions tailored to our industry.
  • allowing managers to spend less time behind a computer and more time in a hotel’s lobby interacting with guests.
  • #2. Automated Imaging is changing the way accountants do business.
  • #3. The Millennial employee is just as important as the millennial guest.
  • . In hotel accounting, the bells and whistles of excessive new technologies take a back seat to real solutions proven to boost bottom lines, which allows hotels to run leaner and more efficient than ever before.
  • anonymous on 15 Oct 19
     
    The article talks about three trends that are happening now within the hospitality industry relating the accounting topic.
  • zihanwang on 30 Jul 20
     
    The paradigm shift of technology is shaping the hotel business and powering up the operational and financial performance. we witness increased automation and intelligence in Hotel Accounting Services out there. The robust Hotel Accounting Software even leverage the Business Intelligence, in delivering the insights on key performance indicators . Accounting Software can not only help hotel saving cost but also can help hotel increase productivity
Dongyun Oh

Ascenture Hotel Group Attributes Dynamic Growth to Enterprise Accounting Software - 0 views

hospitalitytechnology.edgl.com/...prise-Accounting-Software71833

Technology hotel

shared by Dongyun Oh on 28 Feb 13 - No Cached
  • Dongyun Oh on 28 Feb 13
     
    ince its founding as a hotel management company in 2003, Ascenture Hotel Group has evolved into a full-scale development firm with 10 properties in five states and more on the horizon, including a five-star resort in the Dominican Republic. To meet investor expectations and track profitability targets, Moffa relies on Profitvue enterprise accounting and financial planning software from Aptech Computer Systems to calculate and communicate crucial business data on his assets data each day. Ascenture's brands include Hilton, Holiday Inn, and Comfort Suites. One reason his company chose Aptech is because Profitvue accepts performance data from all brands and systems, regardless of flag, and easily creates centralized daily property reports and consolidated financials and delivers them online or by e-mail. Ascenture's move to Profitvue also saves it money. Ascenture has only two people in its accounting office for all its assets. "Aptech creates a more efficient operation so we save about $80,000 in additional salaries," says Joseph C. Moffa, Ascenture president. Moffa's team monitors each hotel's operation against budget with a flexible set of metrics that show property financial health. "Our partners and investors are in business for a profit," explains Moffa. "A hotel is a different investment with a different return than an office building. It is a 365, 24/7 living, breathing business that never closes. We use Aptech to keep our investors and partners informed. I want them to be the smartest owners in the hotel business and understand how we manage their investments to increase value. We use Profitvue reports to show how we manage costs down to the smallest amenities." Profitvue also enables his management team to monitor property performance while they are traveling, explains Lisa Zifer Ascenture's director of operations. "Aptech makes our company and its services portable. We access data remotely us
Marcos Oliveira

Mobile Restaurant POS Technology Helps Payment Flexibility - QSR magazine - 0 views

www.qsrmagazine.com/...pos-coming-smartphone-near-you

shared by Marcos Oliveira on 18 Feb 13 - No Cached
  • With smartphones getting smarter, smaller, and speedier all the time, concurrent advances in mobile point-of-sale technology are presenting restaurants with the opportunity to make their POS systems mobile.
  • There are now numerous POS platforms that leverage the iPhone and other mobile devices, including Android-powered smartphones and tablet computers like the iPad, so that restaurants can process payments in the field with a credit-card reader
  • Traditional POS has been very regimented and costly, but mobile is very adaptable, not only in terms of payment but in terms of marketing tools from an ever-growing number of third parties.”
  • ...8 more annotations...
  • While mobile POS is often touted as a boon to full-service restaurants—it can allow customers to pay at the table through a credit-card reader attached to a mounted iPad, for example, and waiters can log orders on a smartphone that zip back to the kitchen at 4G speed—the technology also has service-oriented benefits for quick serves
  • Beyond mobile POS’s value as a portable cash register is its potential as a conduit for invaluable consumer insight. Whereas restaurants are able to glean very little personalized information from credit-card transactions, they can learn a lot when customers use the mobile payment apps or opt in for an array of alerts and updates via their smartphones.
  • The mobile POS … allows us to capture valuable data that gives us a better idea of our customers’ spending and buying habits
  • mobile POS platform called Sage Payment Solutions for processing credit cards
  • Smartphones open up very exciting opportunities when it comes to business-consumer communication
  • As mobile POS technology evolves, an operator will be able to send coupons to opted-in customers’ phones based on their shopping habits or geographic location.
  • the potential of mobile POS far outweighs the peril. The technology is in its infancy, and new developments are on the horizon. These include near-field communication, which allows smartphones to share data with other devices that are in close physical proximity, and EMV cards, which have microchips that allow them to interface with mobile phones.
  • “mobile technology is in the first inning
  • Marcos Oliveira on 18 Feb 13
     
    With smartphones evlving and getting smarter, smaller and speedier it is allowing for advances in mobile point-of-sale technology especially in the restaurant industr. There are now numerous POS platforms that support both iPhone as well as android. Tablets and iPads are also supported so that restaurants can process payments in the field with a credit card reader. Traditionally POS have been very costly and structured; now with mobile technology the flexibility is convenient, fast and user friendly. New applications allow restaurants to store customer spending patterns without retaining their personal credit card information. the use of smartphones also opens up very exciting opportunities when it comes to business-consumer communication. Restaurants can send text messages containg discounted coupons to their establishments. The key is to not over do it as customers may become annoyed with too many text messages. This article delat mainly with the restaurant industry but did mention the evolution of technological advances with the use of smart phones. Form personal experience I have used my iphone and ipad to conduct credit card transactions utilzing squareD which provides free of charge a mobile credit card swiper that is connected to the microphone port of either the iphone or Ipad. there is not monthly contract or fee. The only charge is 2.5% per settled credit card transaction and the amount is automatically deducted from the batched amount and within 1-2 business days the funds are deposited directly into ones checking/savings account. This is convenient, fast, and easy. I have been able to secure payment right on the spot instead of either handling cash which is always a ahzard or the risk of accepting checks. the use of smartphones and tbalets have revolutionozed the way business is being conducted making it fast, easy, and convenient to both cutomer and busoness owner alike.
Christina Eveillard

Hertz builds mobile strategy with iPhone travel apps - Mobile Commerce Daily - Applicat... - 0 views

www.mobilecommercedaily.com/...gy-with-travel-apps-for-iphone

emarketing

shared by Christina Eveillard on 05 Apr 12 - No Cached
  • Emily Bova on 05 Apr 12
     
    Hertz Corp. has just launched numerous travel apps for 11 major US cities. These apps let customers plan a trip by browsing content which is cutomized to that city and having it wirelessly sent to the GPS system in their rental car. The apps complement Hertz's NeverLost Gen 5 GPS route-guidance system. While in the car, this service will deliver certain information based on which city they are in and can be taken with them once they leave the car as well. Hertz is using this as an attempt to reach out to potential customers and expand their clientele. In an effort to remain unique, each app includes six categories: Explore, Top Must See, Events, Favorites, Tours, and Neighborhoods. There is also a feature that allows you to track the weather as well as see the nearest restaurants and attractions by simply pointing your iPhone at the horizon. The first app purchased is free and each subsequent app can be downloaded for only $0.99. Hertz already has an app for making reservations and confirmations so these apps are being used to build upon that and take it to the mobile level.  This is smart as people who are renting cars are more likely to be unfamiliar with their whereabouts than when driving their own vehicle. Being able to take GPS voice directions and find specific attractions while outside the car is a step in the right direction for m-commerce.
  • Melissa Krajewski on 06 Apr 12
     
    Good for Hertz! They seem to be differentiating themselves from other rental car brands with this unique service to their customers. Its also a good way to capitalize on the immediate needs of their customers who are the perfect target market for this app. I wonder if you can 'hands-free' your mobile device and sync it with the rental car while on that would be extremely helpful!
  • Christina Eveillard on 07 Apr 12
     
    This article talks  the new application that Hertz is introducing on the iPhone to allow customers to plan their trip that can be wires sly  delivered to the GPS system in their Hertz rental car .  This apps have been lauchend for 11 cities so far. Each city app includes six categories: Explore, Top Must See, Events, Favorites, Tours and Neighborhoods. So far the map can be downloaded  for free on the app store. Those apps on the iPhone give herts a chance to advertize  their merchandise to the user of iPhone with age varies .
Michelle Wilson

Hospitality Technology Solutions Provider FCS Announces Partnership With Quoc Khoa Netw... - 0 views

www.wiredprnews.com/...ns-cambodia_2012011725016.html

Hotel+technology+suite

shared by Michelle Wilson on 26 Jan 12 - No Cached
  • Quoc Koa focuses on the hospitality industry and, through the new agreement, will now offer the full suite of FCS solutions to international hotel chains and local properties in the Cambodian market.
  • The new partnership between Quoc Khoa Networks and FCS will strengthen the positions of both companies as providers of leading world-class hospitality solutions that are designed to help area hoteliers cope with this tremendous growth.
  • “The partnership with Quoc Khoa Networks enables FCS to expand our business horizons in the region, as part of our global strategy to provide the best hospitality solutions that enhance guest experiences while maximizing hotel operations and productivity,”
  • ...1 more annotation...
  • In addition, we are committed to enhancing guest satisfaction with guaranteed quality of service via FCS’ innovative and reliable hospitality products.”
  • Michelle Wilson on 26 Jan 12
     
    With tourism increasing in Cambodia, the partnership between FCS and Quoc Khoa Networks is expected to enhance guest satisfaction. FCS is the a top provider of hotel technology products and services.
Deborah Fromer

IATA Chief Cites GDS Partner Role, But Remains Critical - 0 views

www.travelmarketreport.com/technology

IATA; chief partner ; GDS; XML; Open AXIS; Farelogix; American Airlines

shared by Deborah Fromer on 16 Jul 12 - No Cached
  • While remaining critical of GDSs, IATA director general Tony Tyler sounded a somewhat less combative tone toward “our global distribution system partners” during his keynote speech at the IATA annual general meeting in Beijing.
  • Giovanni Bisignani, who retired as director general last year after 10 years in the post, made the GDS industry a frequent target of his famous “Basta!” moments over segment fees.
  • More recently, Tyler has excoriated GDS companies for what he called a failure to meet the changing needs of airlines as they adopt new merchandising methods.
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  • Our global distribution system partners help us to sell 60% of our tickets,” he said. “Beginning four decades ago, when these systems were created, their cutting-edge technology expanded our distribution horizons.”
  • But are blocking innovation
  • Open AXIS messages were in turn donated by Farelogix, the company that developed American Airlines’ Direct Connect technology.
  • GDSs, which are built on operating systems dating from the 1970s, have not been able to facilitate innovation like we have seen in other industries.”
  • multimillion dollar airline product investments “cannot break free of product descriptions limited to booking classes like F, C, or Y and their derivatives. And personalized offers based on availability, customer needs, preferences or histories are effectively impractical.”
  • IATA is working on new distribution standards to enable airline product differentiation, he said. Those standards are based on XML messaging schema adopted as “standard” by Open AXIS, the U.S. organization that promotes XML as the ideal technology connection linking airlines with distributors.
  • “XML standards and customer-friendly interfaces are the new cutting edge, facilitating revolutions in how the world does business.
  • IATA will define the foundation standard this year
  • Deborah Fromer on 16 Jul 12
     
    The International Air Transport Associate (IATA) at their annual general meeting in Beijing have had enough with the outdated Global Distribution Systems technology. The new Director General Tony Tyler indicated that in the 70's the system was cutting edge technology expanding distribution for airlines but years later the technology lacks innovation and must be brought up to date with airline product differentiation. This can be done by adopting new standards through XML messaging schema. Farelogix has donated XML through Open Axis, an organization that promotes the XML technology for linking airlines with distributors, similar to the technology that American Airlines has been using. IATA indicates that this year they will define the foundation standards in partnership with the GDSs, a necessary progression.
Brittany K. Ward

Dude Ranches and Eco-Friendly Tourism - 0 views

www.thehorse.com/...he-way-in-eco-friendly-tourism

Hospitality green Eco-Friendly Tourism

shared by Brittany K. Ward on 29 Sep 13 - No Cached
  • Brittany K. Ward on 29 Sep 13
     
    If you are looking to expand your horizons on eco-tourism, visiting a Dude Ranch may be a good idea for vacation. According to this article, Dude Ranches are the leader in eco-friendly tourism. Visiting the ranch is a great way to get close to the environment and learn about sustainability first hand. The article suggest that while visiting on vacation the most obvious eco-friendly item will be the food. Dude Ranch communities live off the land around them. They are very aware not to put chemicals into their land; it may "contaminate the water table" as well as their livestock. Separation of waste and recycling is part of the sustainability in a Dude Ranch. They want to reuse their natural resources, food waste is used as fertilizer. If visiting on vacation, you will see sustainability at its finest. Ranches supply the local community as well. Many Ranches try to be "as self-sufficient as possible", only using what they need keep the ranch running. This allows them to supply the community as well as local retailers with free-ranged beef as well as free-ranged eggs. Some ranches even make and sell their own specialty items, bread or wine. A few Dude Ranches have allowed Universities to use their land to expose students to re-life sustainability issues. The ranch shows them what sustainability looks like in practice and how it benefits the environment around them. This allows them to educate students visiting the ranch, and it allows for the eco-tourist to stay to learn more about sustainability and the environment.
mknig011

Cloud-based hotel software has failed, but a new paradigm is on the horizon - 2 views

https://www.hospitalitynet.org/opinion/4083341.html This article discusses the negative aspects of cloud-based software.The hospitality industry found the software to be expensive and lacked the f...

technology hospitality hotel software travel tech

started by mknig011 on 28 Aug 17 no follow-up yet
galca008

Green IT | Green Hotelier - 1 views

www.greenhotelier.org/...green-it

green technology Hospitality

shared by galca008 on 07 Feb 18 - No Cached
  • With the world becoming ever more reliant on IT, from computers and laptops to smartphones, the issue of how you make it more sustainable, in terms of reducing energy requirements and electronic waste, becomes ever more pressing.
  • In 2010, it was estimated that 360 million computers were manufactured. A computer is one of the most resource-intensive pieces of equipment, requiring over 10 times its weight in fossil fuels to make
  • The production of a computer requires 22kg of toxic chemicals, 240kg of fossil fuels and 1,500 kg of water. 80% of life-cycle energy use is accounted for before we even switch a PC on for the first time. Computer Aid International About 2% of the world’s total energy is consumed by building and running computer equipment. BBC Office equipment is the fastest growing energy user in the business world, consuming 15% of the total electricity used in offices. This is expected to rise to 30% by 2020. In the UK, the cost of running this equipment is estimated to be around £300 million annually and rising each year. Carbon Trust 200 million computers and 550 million mobile phones reached the end of their life in 2008.  Computer Aid International 50 million tons of e-waste was generated worldwide, but only 13% was recycled. US Environmental Protection Agency Reusing working computers is up to 20 times more energy-efficient than recycling them. Computer Aid International
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  • A data centre is a facility used to house computer systems and their components, and it can be far and away the biggest contributor to an organisation’s carbon footprint. A data centre’s life expectancy is relatively long so it is imperative it is built to the highest standards in terms of efficiency as any excess energy use will lead to significant cost implications over the years.
  • 1. Build the most energy-efficient data centre possible. This will save energy and costs over its lifespan. 2. Only get the data storage capacity that is currently required and forecast for the lifespan. Many data centres have excess capacity that burns energy (and therefore costs) unnecessarily. Don’t have servers or equipment that will not be used. 3. Cooling data centres. Traditionally cooling has been done by air circulation, which is very inefficient. Larger data centres already use other technologies to cool more efficiently, such as water cooling. 4. Virtualisation technology. Improve your system’s resource utilisation through virtualisation technology. Virtualisation is the creation of a virtual (rather than actual) version of something, such as an operating system, server, network, etc. and allows a single user to access several physical devices on one terminal. A computing device dedicated to an individual member of staff or allocated for one software application is highly inefficient and expensive. Virtualisation consolidates resources, requiring less power and cooling. 5. Consider cloud computing. This is a location-independent IT service, typically available over the internet, where shared servers provide resources, software and data to computers and other devices on demand, increasing IT capacity and capabilities without an organisation having to invest in new infrastructure. Keeping data virtually, or “in the clouds”, means less information stored on IT systems and therefore less energy being used to run the systems. Systems such as BT’s Virtual Data Centre, a hosted data centre that enables businesses to create, deploy, monitor and manage their own service through a self-service portal, claim to offer savings of up to 40% of the total cost of running one’s own data centre as well as reducing the space required, the level of emissions produced and the power consumed.
  • 6. Measure and monitor power usage. Once you know what’s using the power, focus on why and whether it’s possible to reduce consumption.
  • 1. Upgrade. Before buying new, investigate options to upgrade with the latest energy-efficient components to extend appliances’ working life and efficiency. 2. Green labels. Look out for the certification labels denoting more energy-efficient equipment, from Blue Angel in Germany to TCO in Sweden and Energy Star in the US (see below). 3. Screens. Opt for flat screen monitors, which reduce energy use by over two-thirds. 4. Get the right equipment. Consider your information technology needs against the tasks required. For example, laptops may be a better option in some circumstances because they have been developed to be energy-efficient and generally match the computer to the task required. Remember: not all staff have the same needs. 5. Consider running costs. Look at the life cycle costs, not just the purchase cost. Take note of running and standby costs of equipment. These can vary enormously.
  • Top 10 Tips to reduce running costs of office equipment (source: Carbon Trust) 1. Computers. Activate energy-saving features. In fact, most office equipment will have these features, so make sure they’re activated. 2. Standby features. Introduce a policy to activate standby features, don’t assume employees will do it. 3. Turn it off. Buy seven-day timers. These can save up to 70% on energy costs. 4. Monitor and manage the equipment that is peripheral to computers, such as speakers, printers, etc. and consider installing intelligent switch-off solutions. Printers can consume 30%-40% of their peak power demand when idling between printing and standby modes, so minimising this can produce cost savings, reduce heat output and increase its operating life. 5. Educate your staff. Consider a screen saver with an energy-saving message. 6. Rationalise your equipment via networking to reduce the number of printers (for example) in any office area. 7. Printers Use only black and white for internal documents and colour only when absolutely necessary. Consider the benefits of inkjet printers v laser printers. Inkjet energy use is much lower than that of a laser printer. Encourage staff to use print preview functions. Set default printing mode to double-sided. Use lower-specification printers, such as inkjets, for internal documents and encourage staff to use these for day-to-day use.
  • 8. Photocopiers High volume copiers use more energy so should be used sparingly. Use low melting point inks (available from stationery suppliers). Encourage staff to copy in batches to increase standby time. Stick to black and white copiers and only use colour when absolutely necessary. Set default copying to double-sided. 9. Invest to save and purchase only what you need. 10. Don’t forget to motivate staff. Keep repeating the message of the importance of energy saving in ways that they can understand (for example, a computer monitor switched off overnight saves enough energy to microwave six dinners).
  • WEEE (Waste Electrical and Electronic Equipment), or e-waste, is the term used for old or disposed electronic equipment. It covers both the toxic and valuable materials found in appliances. The most important lesson is to reuse, not recycle. With so much e-waste, and electrical devices such as computers and flat screens often being replaced well before the end of their shelf life and ending up in landfill, it’s imperative that the most is made of these materials by reusing them productively.
  • Options to investigate when trying to reduce e-waste are: 1. Can you upgrade your equipment with new energy efficient components? 2. Can it be used by someone else in the company? 3. Can it be given to a charity? (Note: charities must be registered to take WEEE.) 4. Will the manufacturer take back the old equipment and reuse parts in new products?
  • Developments on the horizon include: 1. Smaller, more efficient processors. The continuing development of microprocessors means a mobile phone can have around the same computational power as the average desktop computer back in 2000. 2. Memristors. Electronics giant HP is in the process of developing “memristors” (see photo above), which have greater memory storage capacity while requiring less energy and space. They are due to be on the shelf in about three years. 3. Specialist data centre design. Siemens recently launched its transformational Data Centre Solution, a groundbreaking strategy in data centre energy-efficient design and operation. It claims the system, which uses virtualization and efficient power and cooling, offers many benefits for businesses, including up to 50% energy savings through ground water cooling and IT costs reduced by 30%. 4. Outsourcing. Hotels of all sizes are starting to view IT outsourcing as a viable option to gain flexibility and reduce short-term costs and increase transparency of cost structures and processes. 5. Optimisation of resources. This will become a necessity either through virtualisation, networking or cloud computing. 6. Water cooling. IBM is currently working on a supercomputer that is cooled by water (a given volume of water can hold 4,000 times more waste than air), which claims to be 50% more energy efficient than the world’s leading systems. The Aquasar stacks many computer processors on top of each other with cooling water flowing between each one. IBM’s Dr Bruno Michel told the BBC in November 2010: “We plan that 10 to 15 years from now, we can collapse such a system into one sugar cube — we’re going to have a supercomputer in a sugar cube.”
  • galca008 on 07 Feb 18
     
    This is a great article that provides tips on how to use green practices within the IT realm. It starts by giving statistics on how much energy can be consumed by equipment, and also how much electronic waste can be done when not reusing or recycling such equipment. There is tips on how to increase efficiency with your technology and also providing tips on how to properly purchase needed equipment. Another set of tips covers reducing the running costs of office equipment and reducing e-waste by the 'reduce, reuse, and recycle'. Lastly, developments for green technology and equipment are provided for us. My opinion is that this article is very informative and should be read by all hoteliers to look into and apply the tips given. Showing the statistics paints a great picture for the reasons why we should be going green with technology.
angelicamm6

Cloud-based hotel software has failed, but a new paradigm is on the horizon | By Keith ... - 1 views

www.hospitalitynet.org/...4083341.html

hotel software technology hospitality

shared by angelicamm6 on 09 Oct 17 - No Cached
  • Most hoteliers agree that the cloud is the way to go.
  • The answer is that the first generation of hotel cloud software solutions didn’t do anything radically different from the legacy hotel software vendors.
  • The first generation hotel cloud software was basically the old stuff but available via the internet.
  • ...14 more annotations...
  • 5. Extendin
  • 1. Complicated and expensive installation and configuration
  • 2. Closed, proprietary systems
  • 3. Integration with other components complex or impossible
  • 4. High dependence on a single software vendor
  • The user interface ran inside a browser instead of a desktop window but otherwise all the other problems of legacy software remained.
  • What’s more, the cloud systems were often missing features and functionality that the legacy software had.
  • Plus, the cloud vendors generally lacked a sales and support infrastructure or partner network that many of the legacy vendors enjoy.
  • SAP provides standard ERP functionality, but, more importantly, no less than 1,372 other companies have written apps which fit seamlessly into the environment.
  • The eco-system around salesforce.com is another excellent example of a businessoriented eco-system with over 3,000 apps to extend the system.
  • A third eco-system example is one we tend to forget but almost all of us have used it. It’s the Microsoft Office environment.
  • However no such eco-system exists for the travel industry today.
  • Needless to say, one vendor alone can not build this eco-system. It will take a consortium of 5-10 innovative companies to launch this eco-system jointly, though one company may need to server as the anchor or backbone of the eco-system.
  • However, the time it takes for an ecosystem to reach a sufficiently mature stage is much shorter than one may realize.
  • mknig011 on 09 Oct 17
     
    This article discusses the negative aspects of cloud-based software.The hospitality industry found the software to be expensive and lacked the functionality that was expected from the software. What seems to be taking the place of cloud software are business software environments, which the author refers to as a eco-system of vendors. SAP Cloud platform HANA is the center of one of these eco-systems. Another eco-system that is discussed in this article is the one around salesforce.com and last but not least the Microsoft Office Environment. The author concludes his argument by saying although there is no hotel industry eco-system, cloud-based hotel software will not resurface as an eco-system.
  • angelicamm6 on 04 Sep 19
     
    The article discusses how the hospitality industry can now use applications on a cloud to change or modify the programs if they are not a good fit. It is technology that is still in the making, and will not be used by all but is an amazing idea if all negative components are taken care of. Such as training personal.
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