The article talks of how business are splurging and investing millions to up the technology.

https://www.tnooz.com/article/roll-b2b-hotel-tech-startups-may-play-qa-felix-laboy/

POS are the main tools and systems restaurant uses to take payments. However, POS systems are very pricey. Question is can all restaurants afford it? The article gives advice on what to really look for and take account in price. Rather than looking at the full cost at the end Instead of looking at the total charge for the hardware, focus on the cost of each line item. Such as the ipad, the devices and the training. To read between the lines of how much training fees and monthly fees. you want to be prepared and have the budget for it.

https://pos.toasttab.com/blog/how-much-should-a-restaurant-pos-system-cost

The article was very interesting to see how one of the biggest leaders in the hotel world is taking over and proving that being green, via trip advisor etc is key to their future success.

http://www.marriott.com/corporate-social-responsibility/corporate-environmental-responsibility.mi





Overview

Our sustainability strategy supports our business and reaches beyond the doors of our hotels to preserve and protect the planet and its resources. We focus on reducing our footprint, constructing more sustainable buildings, making our supply chain more environmentally conscious, supporting innovative conservation initiatives and inspiring our associates and guests to support these efforts.

http://www.4hoteliers.com/features/article/7792

Exclusive Feature: Ask any hotelier and they will all agree that a hotel management system plays a key role in their hotel's success.

Good hotel software enables its users to store information about guests, retrieve it to personalize the guest experience, and on the whole, ensure the guest has a wonderful stay.

At the back-end, hotel software is even more important. The front office module, point of sale, accounts receivable, banquets and conferences, restaurant module, housekeeping, inventory, HR and Payroll, along with a host of other modules and apps in a hotel software must work in an interconnected and smooth manner.

Information stored in these modules helps the management of a hotel generate important reports that facilitate planning and decision-making.

While the software is critical to the smooth operation of a hotel, most general managers will also agree that it is this part of technology that gives him the severest heartburns.

The hotel software market is full of options, and each vendor claims his software is the best. However investing in the right hotel software is a complex task and most hotels spend months deliberating on their investment. Unfortunately, hoteliers excel at their core skill, delivering to guests a world-class hospitality experience, and sometimes get 'talked' into making a wrong decision on the software they adopt.

How does your hotel ensure it is making the right decision when it invests in hotel software?

Here are a few pointers that can help you get started.

How Many Modules Will Your New Hotel Software Offer?

If your hotel already uses a software and are considering an upgrade, ensure the new software automates all the processes your old software does, and more. An important question to ask would be the number of modules your new hotel software will offer. Many times, a software vendor could simply be offering you a Front Office Module.

This means, you will have to additionally invest in purchasing, licensing and maintaining the back-end modules. This could turn into an expensive investment. An ideal scenario is when the vendor offers you a comprehensive property management system with both the Front Office and Back Office modules, fully integrated. There are broadly two types of integration - internal and external. This is explained below.

Does Your New Property Management System have Third Party Products Merged into it?

A comprehensive property management system is both time consuming and expensive to develop. Many software vendors acquire smaller companies and merge these third party products to make up their property management system. These software products may have integration issues, and can become major hurdles for your staff when they use the modules.

Numerous integrations also means you could spend long hours networking and interacting with multiple vendors. Check with your provider that the software has all been developed by them, is well tested and is being used by hotels similar to yours.

Is Your Hotel Software Compatible with Third Party Software?

All hotel property management systems need to integrate with a host of third party hardware and software. This may include a credit card payment gateway, door locking system, energy management system and an e-menu app to name a few.

Ensure the software you plan to adopt is compatible with other products. Review this list carefully to ensure the software you are buying is compatible with a large number of third party hardware, if not, this could get restrictive and influence your other partnerships.

Does Your Property Management System Help You Enhance Your Revenue?

Gone are the days when hotel software was simply a data storage and report generation tool. Today, hotel software has grown to do much more, such as, help hotel leverage the tremendous power of the internet, enable a hotel to manage channels, plug into solutions like a channel manager, revenue manager, online reputation manager, business intelligence tool and more. It is here that RezNext offerings plan a key role for IDS NEXT Hotel Software users.

Other points you may want to review about your potential software vendor is their experience in the industry, size of their presence, domain expertise developing niche hotel software and the quality of their post-sales support. This is especially important as your hotel runs a mission-critical operation.