Skip to main content

Home/ Hospitality Technology/ Group items matching "smaller" in title, tags, annotations or url

Group items matching
in title, tags, annotations or url

Sort By: Relevance | Date Filter: All | Bookmarks | Topics Simple Middle
15More

What Is a Telecommunications Network? - 1 views

www.wisegeek.com/telecommunications-network.htm
shared by wenzheng guo on 05 Sep 12 - No Cached
  • it is now understood to include Internet, microwave, and wireless equipment as well as the more traditional forms of telephony.
  • The main function of any telecommunications network is to provide efficient transmission of information from a point of origin to a point of termination.
  • Along with the PSTA, or public switched telephone network, that most people are familiar with, there is also the Internet, a medium that is increasingly used for both voice and visual communications. Private computer networks are a common tool in many businesses today, as well as many institutions of higher learning. These basic types are all classified into several categories, which include such options as wide area networks, local area networks, and virtual private networks.
  • ...8 more annotations...
  • there are several basic types of telecommunications networks in use.
  • The main function of any telecommunications network is to provide efficient transmission of information from a point of origin to a point of termination.
  • A telecommunications network that is set up as a wide area network, or WAN
  • As communications in general continue to advance, the definition and scope of a telecommunications network will also continue to change and broaden. However, the core concept will likely remain the same.
  • With a local area network, or LAN, the focus is on providing the same secure communications as with a WAN, just on a smaller geographical area.
  • now understood to include Internet, microwave, and wireless equipment as well as the more traditional forms of telephony. There are several different classes of telecommunication networks, with each of them having a slightly different focus.
    • wenzheng guo
      wenzheng guo on 06 Sep 12
       
      New defination of Telecommunication Net work.As tme goes by, it becomes wider an more detail.
  • With a local area network, or LAN, the focus is on providing the same secure communications as with a WAN, just on a smaller geographical area.
    • wenzheng guo
      wenzheng guo on 06 Sep 12
       
      It is common in our daily life but we seldom recoganize.
  • As long as the form of communication allows for the real-time electronic exchange of audio, visual, and data transmissions, there is a good chance that method of communicating can be classified as a telecommunications network.
    • wenzheng guo
      wenzheng guo on 06 Sep 12
       
      It is the core of telecommunication and it will remain the same.
  • Yue Li (3011472) on 05 Sep 12
     
    A telecommunication network used to refer to the collection of switches of wirings used by telephone service; it is now include internet, microwave and wireless equipment as well as telephony. The main function of a telecommunication network is to provide efficient and effect transmission of information. A telecommunication network can set up as WAN and LAN. A telecommunication set up as WAN allows reliable communication between nodes that are geographically located across large distance. Hotels chains that located in different area would like to use this network model. With the same level of security, a telecommunication network set up as LAN is used on a smaller geographic area. It provides phone, data, and internet within an enclosed setting. One example is a hotel, where the phones and internet access are all routed through a network located within a hotel. As technologies continue to advance, the definition and the scope of the telecommunication network will also continue to change. But what will remain the same is the core concept. Before I read this paper, my opinion on a telecommunication network is always indicates telephone service, and now I understand it also include internet, microwave and wireless equipment. I have to say that technology have been changed very fast so that we must keep in mind to update our knowledge on these new technology as well.
8More

The Pros and Cons of Mobile Technology for Meetings | International Meetings Review - 1 views

www.internationalmeetingsreview.com/...bile-technology-meetings-96411
shared by Jia Kim on 07 Nov 13 - No Cached
  • location-based services and push messaging
  • overall experience is not reliant on a Wi-Fi connection, therefore you can have things like a large delegate list and content you don’t have to download because you already have it on the app
  • Security and privacy are also much better with an app.”
  • ...4 more annotations...
  • mobile websites are easier because there’s no writing code for different operating systems such as iOS, Android and Win- dows Phone. For a website, the coding is done once, and users don’t have to wait and download it; it just happens automatically.”
  • For smaller properties, typically for the size of meetings that we host, every- one is in one room,”
  • “Having a mobile app wouldn’t be as useful as trying to communicate with a large group of people.
  • buzz you get from a mobile app typically comes from a larger size meeting
  • Jia Kim on 07 Nov 13
     
    The pros of using the mobile apps for meeting are a lot. It could provide the location-based services and push messaging. Using the mobile apps is not wholly dependent on a Wi-Fi connection. It makes possible to obtain a large delegate list and content without downloading because those are already on the app. Additionally, security and privacy are also much better with an app. On the contrary, mobile websites can be advantageous because they need fewer resources to develop that differs from mobile apps. The mobile websites are easier because there's no writing code for different operating systems such as iOS, Android and Win- dows Phone. For a website, the coding is done once, and users don't have to wait and download it; it just happens automatically. For smaller properties,having a mobile app wouldn't be as useful as trying to communicate with a large group of people. It could benefits more on the large size of groups.
1More

Integrated HR Information System - 0 views

www.mytimeforce.com/...Small_and_Mid-sized_Businesses
shared by Paige Hanna on 03 Dec 12 - No Cached
  • Paige Hanna on 03 Dec 12
     
    This article speaks about how one provider decided to focus its efforts on small and mid-sized businesses by providing a cloud-based human resource information system. Their system allows users to manage data without extra help from IT personnel. This automated system makes it easier for these smaller companies to handle their HR department. This works especially well because smaller companies have less employees to focus their efforts on specific departments. This system provided ensures to assist these companies with connecting "employee management, time and attendance, benefit management, payroll processing and reporting functions into one complete and completely integrated system." Along with being an integrated system, this cloud based system makes it even easier by granting access from any location as long as the internet is present.
7More

GrandStay Hospitality Selects ZDirect for eMarketing and eCRM - 0 views

www.hospitalitynet.org/...4059937.html emarketing
shared by duyt tran on 02 Apr 13 - No Cached
  • GrandStay® Hospitality LLC, franchisor of the GrandStay® Hotels and Crossings by GrandStay® brands, is growing by leaps and bounds. With 24 extended-stay and select-service hotels in California, Florida, Iowa, Minnesota, South Dakota and Wisconsin, and an additional 10 hotels scheduled to enter the system in the coming months,
  • GrandStay Hospitality selected ZDirect and its ZMail® electronic communication platform.
  • Direct has been providing hotels with eCRM solutions since 2002. The company's hospitality portfolio spans six out of seven continents, with more than 2,000 hotels and resorts using ZMail® and its Mobile suite, including: Mobile Passport, SMS Messaging, Apple Passbook and Responsive Email Design.
  • ...2 more annotations...
  • This month, GrandStay Hospitality will begin rolling out ZMail and the ZDirect Dynamic Content Engine to GrandStay Hotels and Crossings by GrandStay properties. The electronic communication tools will enable each property to send electronic guest confirmations, pre-arrival email promotions, post-stay satisfaction surveys and more to establish two-way communication between the hotel and its guests. Engaging guests with personalized dialog will spark onsite spending and result in increased revenues and maximum profits.
  • GrandStay Hospitality will use ZDirect tools to: Manage custom databases Optimize delivery rates for each message via desktop and mobile Create e-Questionnaires on the fly -- including queries for cancellations, meeting planners, and pre-stay requests -- with the ability to edit existing forms or create new ones as needed Analyze statistical reports driven by interfaces to the hotel's PMS and CRS Personalize campaigns that boost brand loyalty and bottom line revenues Build opt-in subscribers Use purchasing habits and shopping preferences to attract the best customers Modify existing campaigns for last-minute promotions Establish a mobile web portal that is fully integrated with the hotel's PMS Leverage text and SMS to increase customer interaction and communication
  • Kristen Kaminski on 02 Apr 13
     
    GrandStay Hospitality has selected ZDirect for its eMarketing and eCRM provider. ZDirect also has ZMail which includes Mobile Passport, SMS Messaging, Apple Passbook, and Responsive Email Design. According to Jon Kennedy, president of GrandStay Hospitality, ZDirect has an impeccable reputation in regards to their services and customer successes. He believes that ZDirect will give it the leverage needed to help the "small, transitional" company quickly grow. The tools of ZDirect and ZMail will "enable each property to send electronic guest confirmations, pre-arrival email promotions, post-stay satisfaction surveys", which will allow the hotel and its guests to communicate. This two-way communication will help to increase revenue and maximize profits.
  • Nicole Stevens on 05 Apr 13
     
    eMarketing is a great way for smaller companies to grow in the hotel industry. But if planning to run eMarketing all on your own it can get costly. The amount of severs, maintenance, and man power to run a successful eMarketing campaign is more than a small hotel chain can handle. Allowing a third party company like ZDirect to come in and help orchestrate an eMarketing campaign is a great solution for smaller hotel chains a chance. 
6More

Technology: Accountancy systems for hotels and restaurants - 3/13/2006 - Caterer and Ho... - 1 views

www.caterersearch.com/...for-hotels-and-restaurants.htm
shared by anonymous on 18 Oct 12 - No Cached
  • The best course of action for smaller hotels and restaurants at present is to use generic accounting software for small businesses, populated with data from other specialist software packages designed for their specific sector. Hotels may find themselves using reservation data from property management systems, for example, while restaurants will want to use data from food and beverage control software packages to feed their accounting software.
  • It took hours and hours. On Sunday morning it now takes me half an hour.”
  • The best course of action for smaller hotels and restaurants at present is to use generic accounting software for small businesses, populated with data from other specialist software packages designed for their specific sector. Hotels may find themselves using reservation data from property management systems, for example, while restaurants will want to use data from food and beverage control software packages to feed their accounting software.
  • ...1 more annotation...
  • Restaurants need an accounting system that addresses issues like excess wastage on different product lines, and consumption of different products, rather than mere stock control. In hotels, accounting systems need to cope with everything from varying room rates, different ways of charging for phone calls, customer discounts, loyalty programmes and everything in between.
  • Minghui Zheng on 18 Oct 12
     
    Accountancy system is the necessary for both restaurants and hotels. Restaurants need an accounting system that addresses issues like excess wastage on different product lines, and consumption of different products, rather than mere stock control. In hotels, accounting systems need to cope with everything from varying room rates, different ways of charging for phone calls, customer discounts, loyalty programs and everything in between. Accounting system has following features. First, accounting system can back up data quickly and easily. Second, it has comprehensive reporting capabilities, which enable you to monitor ongoing trends within your business. Third, it is easy to use. The last one is automation. You should be able to automate common tasks such as producing invoices and running regular custom reports.
  • anonymous on 20 Oct 12
     
    The accounting systems are really different in restaurant and hospitality. but all of them are make work more and more easier and efficiency. In restaurant, the accounting system contain different product lines, the consumption of different products and stock control. In hotels, accounting system should contain varying room rates, defferent ways of charging for phone calls, customer discounts, loyalty programmes and so on. If the accounting system software is fit for your hotel or restaurant, it will save not only time but labor cost.
2More

Northstar Travel Group's Unique Hotel Identifier Solves Widespread Industry Problem | N... - 0 views

www.northstartravelgroup.com/...es-Widespread-Industry-Problem
shared by yuliannab on 24 Jan 17 - No Cached
  • SECAUCUS, N.J. – Northstar Travel Media, the world’s leading business-to-business media company serving the travel and meetings industries, has announced that it is supplying a unique hotel identifier that solves the problems associated with multiple identifiers. “For nearly a decade the travel industry has struggled with the costs and problems created by multiple identifiers, said Sheila Rice, VP Business Development & Licensing. “Over the years, each business created its own system resulting in a proliferation of identification numbers. A single entity may have numerous proprietary codes across different systems. As each segment of the industry tries to integrate information with suppliers, travel agents, hotels, GDS systems, CRS providers, content publishers and payment processors, predictable problems ensue.” With a history spanning more than 70 years, Northstar Travel Media is already established in the business and process of identification numbers. It is uniquely positioned to lead a solution for this long-standing and increasing industry problem. As the content provider of unique hotel identifiers, Northstar Travel Media has been supplying this data to leading travel and hospitality companies for more than a decade. Northstar’s database of 200,000 hotels worldwide contains up to 300 fields of data for each hotel. “Northstar Travel Media has a pristine reputation for providing data that is comprehensive, accurate, reliable and flexible,” said Tom Kemp, Chairman and Chief Executive Officer. “We look forward to providing more content solutions with our unique hotel identification numbers.” Licensing of the unique hotel identifier data includes hotel name, address and telephone number. Content packages can be customized to provide solutions to meet specific needs. The Unique Hotel Identifier builds on Northstar’s existing hotel products and services that include more than 60,000 hotels around the world reviewed and classified using the company’s industry-standard consumer classification hotel rating system. Northstar Travel Media is the leading provider of news, information and data for the travel, meetings and hospitality industries and parent of brands Travel Weekly, Business Travel News, Meetings & Conventions, Successful Meetings, Incentive and TravelAge West. NTM’s electronic directories — Travel Weekly’s Hotel & Travel Index and M&C Facilities Search — provide in-depth data on hotels, meeting and convention properties, and business travel in the United States and internationally. In addition to its directories and periodicals, NTM publishes a number of online subscription information resources, including travel42, Weissmann Reports, STAR Service Online, Intelliguide Corporate and BTP24. Northstar also is an industry leader in marketing services, custom communications, content licensing and database management serving the travel and meetings industries. Additionally, Northstar recently acquired PhoCusWright, the premier global travel, tourism and hospitality research and event business at the intersection of the Internet and the global travel industry. Based in Secaucus, New Jersey, the company also has offices in New York, Glen Ellyn, Illinois; Los Angeles; and Winston-Salem, North Carolina. Northstar Travel Media, LLC is a portfolio company of BV Investment Partners, a leading private equity investor in the media and communications sector.
    • yuliannab
      yuliannab on 24 Jan 17
       
      This article circles back to our discussion board about issues in the hospitality industry. 200,000 hotels is not nearly enough and I am certain that there are many more. The idea is wonderful; however, if this is not backed up by the government, then it would not be created as an industry standard. The big companies, such as Marriott, Hilton, etc would most definitely be part of this initiative; however, what about the smaller motels, bed and breakfasts, etc? If there is a fee associated with this (which there would probably be because the database needs to be maintained) then smaller less profitable ones will opt out. - I hope other classmates have updates.
1More

Save bandwith, time in the cloud - 0 views

soc.li/wa740zH
shared by anonymous on 20 Feb 12 - No Cached
  • anonymous on 20 Feb 12
     
    This article describes a new PMS technology helps keep costs down, among other benefits. This will allow smaller hotels the opportunity to access systems for the purpose of pricing and placement in the industry.
1More

Google Hotel Finder distances itself from Hipmunk with transit data | Tnooz - 0 views

www.tnooz.com/...from-hipmunk-with-transit-data google hotels
shared by Adilen Alfonso on 22 Jan 12 - No Cached
  • Adilen Alfonso on 22 Jan 12
     
    Google Transit, which uses data from over 500 global markets' transportation systems, is partnering up with Google Hotel Finder to make tourists' stays more time efficient. Google Hotel Finder added a new filter that shows consumers the maximum travel time from any point of interest to their hotel. It has placed a 20 minute default distance from point to point. Tourists can type a specific attraction, like Buckingham Palace, and it will show you hotels within 20 minutes of it. Google also allows you to choose the transit time; the smaller the time the smaller number of hotels within the range. Moreover, Google Hotel Finder can also search for hotels in selected areas for popular city locations. Prior to this, Google had Google Calendar, which allowed business consumers to choose hotels based on travel distance to their business meetings. Overall, Google's Hotel Finder targets both the leisure and business consumers. As a consumer searching for hotels in unfamiliar areas, this feature would be really beneficial because it allows me to plan my stay more accordingly. Usually, consumers choose a hotel based on travel time from the main points of interests, whether they are attractions or business meetings. Google Hotel Finder will now share this information with consumers before they actually even choose a hotel. I have a strong inclination that this type of consumer technology will drive hotels to use travel times as advertising tools when they use Google as an advertising medium.
14More

Global Distribution Systems in Present Times - Four Major GDS Systems; Amadeus, Galileo... - 1 views

www.hotel-online.com/...Oct02_GDS.html
shared by Chengcheng Feng on 26 Jan 12 - Cached
  • Among the “shelves” on which buyers search for travel services are world’s global distribution systems and the Internet distribution systems
  • The airlines realized that by automating the reservation process for travel agents, they could make the travel agents more productive and essentially turn into an extension of the airline’s sales force. It is these original, legacy GDSs that today provide the backbone to the Internet travel distribution system
  • Fang Shu on 26 Jan 12
     
    October 2002 - The travel marketplace is a global arena where millions of buyers (travel agents and the public) and sellers (hotels, airlines, car rental companies, etc.) work together to exchange travel services. This is a good article talking about four major GDS System companies in the world nowadays. When we do some research in GDS area, it is better for us to know some information about these four companies. They are Amadeus, Galileo, Sabre and Worldspan. The author said that Aadeus is Number 1 inlocations worldwide compared to other three companies, Galileo International is a cautions follower when it comes to technology when compared to other GDS companies. Sabre's competitive strenghs are market position, global reach, stable product line, diversification of revenue streams and intellectual capital. And Worldspan has successfully developed the strategies and solutions to ensure the company's long-tern success. After read this article, I think I have the big picture of what GDS System is. The author gave us the strength of different systems. I know what are these GDS companies doing right now in the world. And what is the best is that the author used some accurate data to support the point. So in my point of view, I don't only understand the knowledge related to GDS System, but also learn the way to write my paper, that is using lots of numbers.
  • ...9 more comments...
  • Fang Shu on 26 Jan 12
     
    I don't know why but I was failed to highlight this article. I did it in My Library.
  • YONGHE FAN on 27 Jan 12
     
    It is a great article that provides some detailed information on the four most famous GDS. and it was separated into four parts by explaining the four major GDS one by one. It is talking about the history, current status and development of these four major systems to help readers understand what exactly it is and how it works. I like this because it helps me create an overview of GDS systems.
  • Ligia Elizondo on 27 Jan 12
     
    Interesting article that summarize important information about major GDS companies. GDS companies such as Amadus, Galileo and Sabre are platforms in which a range of travel related services are offered through electronic switches and routers .
  • Jingyi Wen on 28 Jan 12
     
    This article introduces four major GDS systems' characteristics and strength. I think these information will be useful for hotels when they choose the GDS systems.
  • Yu Zhai on 30 Jan 12
     
    According to the World's Leading CRS/GDS System 2011, Sabre is the winner profile. And the Amadeus, Galileo, Worldspan and Zurich Systems were nominated.
  • Joe Cilli on 10 May 12
     
    This is about GDS!
  • paige rosenberg on 12 Jul 12
     
    In the travel marketplace it is global where buyers and sellers work together to exchange travel services. Global distribution systems and the internet distribution systems have become electronic supermarkets linking buyers to sellers and allowing reservations to be made quick and easy. Travel today is sold most on the internet, it is a vast networks of suppliers and a wide customer pool in a centralized maket. Currently today there are 4 major GDS and they are continuing to grow. This article pretty much summed up what we learned in the past 2 classes
  • Irine Wallace on 03 Sep 12
     
    SUMMARY A global distribution system (GDS) represents a computerized system used for managing different transactions within the air travel and hospitality industry There are currently four major GDS systems: 1. Amadeus (2) Galileo (3) Sabre (4) Worldspan Amadeus Founded in 1987 by Air France, Iberia, Lufthansa, and SAS, Amadeus is the youngest of the four GDS companies. Amadeus is a leading global distribution system and technology provider serving the marketing, sales, and distribution needs of the world's travel and tourism industries. Its comprehensive data network and database, among the largest of their kind in Europe, serve more than 57,000 travel agency locations and more than 10,500 airline sales offices in some 200 markets worldwide... Galileo International Galileo International was founded in 1993 by 11 major North American and European airlines: Aer Lingus, Air Canada, Alitalia, Austrian Airlines, British Airways, KLM Royal Dutch Airlines, Olympic Airlines, Swissair, TAP Air Portugal, United Airlines, and US Airways. It is a major player in the GDS business throughout the world: North America, Europe, the Middle East, Africa, and the Asia/Pacific region. Galileo International is a diversified, global technology leader. Sabre For more than 40 years, Sabre has been developing innovations and transforming the business of travel. From the original Sabre computer reservations system in the 1960s, to advanced airline yield management systems in the 1980s, to leading travel web sites today, Sabre technology has traveled through time, around the world, and has touched all points of the travel industry. Worldspan Founded February 7, 1990, Worldspan was originally owned by affiliates of Delta Air Lines, Inc., Northwest Airlines, and Trans World Airlines, Inc. It is currently owned by affiliates of Delta Air Lines, Inc. (40%), Northwest Airlines (34%), and American Airlines, Inc. (26%). Since its 1995 advance into the world of Internet technology fo
  • xiyu wang on 09 Sep 12
     
    This article is about the GDS system, and it introduced four major GDS system in present times. GDS is a worldwide computerized reservarion network used as a single point of access for reserving airline sears, hotel rooms, rental cars, and other travel related items by travel agents, online reservation sites, and large corporations. The for major GDS systems, Amadeus, Galileo, Sabre, and Worldspan owned and operated as joint ventures by major airlines, car rental comopanies, and hotel groups. GDS is also called automated reservation system (ARS) or computerized reservation system (CRS). Among the four major GDS systems, Amadeus is the youngest one and has done remarkably well during its short tenure. With its strong company infrastructure worldwide, impressive product set, and growing customer base, Amadeus is one of the most significant players in shaping the future of the GDS. Galileo's competitive strengths include market share, well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems, highly skilled personnel, and a stable product line. Gralileo is a follower when it comes to technology, but is has established successful relationships with entities such as Go, UK's best low-cost airline. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Sabre business model is a strong one, and continues to make significant progress in advancing both its electronic travel distribution and its information technology solutions businesses. The last one Worldspan has a legacy of industry firsts that are not well known. It continues to look at benefits of creating its own consumer brand and has been partnering with different companies to expand the services that it can provide to its customer base.
  • anonymous on 14 Sep 12
     
    GDS is started on the airline industry. And with it development, the airline company recognized that the GDS is becoming more and more important and necessary. And in my opinion, the GDS can not only focus on the airline. It can be on the internet. That is means they should built some sub-company around the world and it will help to form a kind of net that can cover all over the world. So that it is reduce the pressure of airline and increase the short distance distribution. it will be more efficiency for the guest and less human labor.
  • Chengcheng Feng on 20 Sep 13
     
    More and more customers rely on global distribution system to buy hospitality products in present time. This article introduces four major type global distribution systems, Ama dues, Galileo, Sabre and Worldspan. There are also some smaller GDS existed in the world. Amadeus is the youngest of the four GDS companies. Galileo International is a diversified, global technology leader. Galileo's competitive strengths include well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems and a stable product line. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Worldspan provides worldwide electronic distribution of travel information, Internet products and connectivity, and e-commerce capabilities for travel agencies, travel service providers, and corporations.
6More

Prospera Hospitality Leverages Centralized Financial Accounting to Achieve In... - 0 views

www.hotelnewsresource.com/tors_______Business_Goals.html
shared by YUNTING CHEN on 12 Feb 12 - No Cached
  • A key part of the company’s success is its centralized financial hotel accounting software platform that enables Prospera’s team to track each property’s daily performance and deliver flexible reporting.
  • Cloud-based system adds multi-flag, multi-property accounting flexibility
  • Prospera opted to run its accounting software as a web-enabled ASP solution that Aptech hosts from its secure data center. 
  • ...1 more annotation...
  • Our smaller properties do not have to install the software or be responsible for upgrading or backing it up
  • YONGHE FAN on 12 Feb 12
     
    This article is talking about a centralized hotel accounting system that was introduced and explained by the Prospera Hospitality which is a leading hospitality management company operating 18 branded and independent hotels and resorts. This accounting system enables Prospera's team to track each property's daily performance and deliver flexible reporting. The system can generate individual and multi-property general ledger that help Prospera's team achieve different goals of investors. It also provides customized financial statements that give the management team an instant and clear picture of each single property's operating health. The cloud-based feature allows the smaller select properties not hire IT staff to support on-property software.
  • YUNTING CHEN on 05 Mar 12
     
    This article is talking about Prospera Hospitality, the leading hospitality operator earned reputation by its successful third- party manager for investors, including Marriott, Hilton, Starwood flags. In the article, talks about few reasons make them success, such as they implement centralized financial hotel accounting system platform that can manage by the numbers and to create customized financial statements for more efficient operation. In addition, cloud based system also enhance flexibility on multi- flag, multi-property accounting. In sum, this is the article about the hospitality organization that using accounting systems to successfully operate the business.
14More

Prospera Hospitality Leverages Centralized Financial Accounting to Achieve Investors' B... - 0 views

www.hotel-online.com/...Apr11_AptechProspera.html
shared by Carolina Alfonso on 28 Feb 12 - No Cached
  • formance
  • Each of our ownership groups has different goals; some want to maximize cash flow; others are focused on value appreciation
  • We work to achieve their individual goals
  • ...10 more annotations...
  • Prospera utilizes the Profitvue web-based enterprise accounting and performance management
  • generates individual and multi-property general ledger, enterprise resource planning, accounts payable, statistics, and financials.  
  • generates
  • We use Profitvue hotel software to create customized financial statements, balance sheets, and to generate daily reports that give us an instant, clear picture of each property
  • Our investors have specific individual reporting mandates, and it is essential our accounting system has the strength and flexibility to provide these
  • Prospera’s corporate team regularly consolidates financials for investors with multiple properties
  • Comparison reporting is an excellent tool to spot best practices and apply them where appropriate to boost investor value,"
  • Cloud-based system adds multi-flag, multi-property accounting flexibility S
  • Prospera opted to run its accounting software as a web-enabled ASP solution
  • Our smaller properties do not have to install the software or be responsible for upgrading or backing it up."  Properties require only a PC and Internet connection to access the accounting package
  • Carolina Alfonso on 28 Feb 12
     
    Prospera Hospitality is a successful hospitality operator with 18 properties under the most recognized flags of the industry. In the article it is said that one of the reasons for this company's success is its centralized accounting software that allows them to create flexible financial reports. As different owners have different goals, thanks to its flexibility they are able to deliver them personalized reports. The software that is use by Prospera is Profitvue web-based enterprise accounting and performance management that generates individual and multi-property general ledger, enterprise resource planning, accounts payable, statistics, and financials. This software also generates side by side reports that help owners compare the performance of each hotel and identify problems or successful practices. Being a cloud based system creates a great number of advantages for this hospitality operator. As some of their properties are small with select services they don't have the resources to support on- property software. The software is installed on bigger properties and in the smaller ones only a PC with internet connection is needed.
5More

Hotel Software | Hotel Reservation Software | Motel Software | Hotel Management Software - 1 views

www.anandsystems.com
shared by Gian Altamirano on 04 Mar 12 - Cached
  • nand Systems Inc. (ASI) is a Software Development Company specializing in providing custom solutions for small businesses
  • e pay special attention to the ease of use and utilize the latest in technology.
  • hotel software ASI FrontDesk. It is a comprehensive software suite consisting of integrated modules for various aspects of hotel management. This class of software is often referred to as Property Management System in the industry
  • ...1 more annotation...
  • he important modules in the PM Software include,Hotel Management Software, Hotel Reservation Software (Billing Software), Hotel Reception Software and Hotel accounting software.
  • Gian Altamirano on 04 Mar 12
     
    This article outlines one software suite that can be used in a vast array of functions for the hotel industry. As shown in this article the ASI program includes everything from accounting to reservations and even a point of sale system. Other features include data mining software and call logging.The latter are used to build consumer profiles for the hotel to use in later visits. Overall this is a good alternative for smaller boutique hotels that still includes all the necessary programs of a full PMS. The accounting software is definitely up to par and can perform all necessary functions such as night audits and running supply counts.
7More

BetaKit » innRoad Raises $5.8M to Usher in the Future of Online Hotel Management - 1 views

betakit.com/...ure-of-online-hotel-management hospitality PMS Indpendent hotels
shared by Akshay Ramanathan on 13 Jun 12 - No Cached
  • outhampton, NY-based innRoad just announced a $5.8 million Series B round of funding
  • back office products specifically targeted at independent hoteliers
  • provides small hotel owners with centralized online tools to help them manage their business
  • ...3 more annotations...
  • hotels can use it to maintain full control over every aspect of the process, from booking, to marketing, to online reputation managemen
  • the funding will help innRoad accelerate its offerings on that side of the equation, which will help hoteliers connect directly with potential guests, something that provides long-term financial benefits over dealing with online intermediaries like Expedia and others
  • innRoad offers a lot of value to small hotels looking to get the tools they need to compete with bigger players
  • Akshay Ramanathan on 13 Jun 12
     
    This article is about innRoad a New York based company that specializes in delivering SaaS and web based PMS and software solutions specifically targeted at independent hotels. The article mentions how the company just received almost $6 Million dollars to invest in expanding and and building their sales team. The CEO of the company brings up an interesting point about brands, and mentions that its becoming less and less about he size or name of the brand but rather how your peers and others rate their experience in a particular hotel. This will provide leverage for smaller independent hotels to gain popularity and grow. InnRoad's software is doing big things to help its clients better connect with customers and manage their properties.
4More

WebRezPro Cloud Property Management System Automates the Management of Stash Hotel Rewa... - 0 views

www.virtual-strategy.com/...ment-stash-hotel-rewards-indep cloud property management system hotel independent solution
shared by Jennifer Koren on 05 Oct 13 - No Cached
  • “Receiving stay data automatically from WebRezPro allows us to deposit Stash points into member accounts almost instantly upon check-out. With the prior process, members waited a day to see points in their accounts, sometimes longer.”
  • Launched in 2010, Stash Hotel Rewards® was created to provide independent hoteliers the benefits of a chain-like loyalty program without rigid chain standards.
  • WebRezPro™ is a powerful and cost-effective Cloud-based property management system designed to meet the front- and back-office needs of single independent hotels and hotel groups and chains.
  • Jennifer Koren on 05 Oct 13
     
    WebRezPro, Charlestowne Hotels and Stash Hotel Rewards are now working together to develop an automatic system that sends data directly to Stash Rewards upon check out. With this new system, night staff does not need to gather all of this data nightly and send it to Stash points. All information and transferred immediately. Having this software allows these "independent hotel clients to compete head-to-head with chain hotels." This still allows the independent hotels to be smaller and provide personalized interactions with guests.
5More

Automatic tipping: IRS rules change could be taxing for hospitality industry | Indianap... - 0 views

www.indystar.com/...ld-taxing-hospitality-industry automatic gratuity IRS Accounting Hospitality Tips
shared by Jennifer Koren on 15 Oct 13 - No Cached
  • It could affect hiring if restaurants continue to be faced with additional costs and burdens to comply with government mandates and regulations,”
  • thanks to an IRS ruling, restaurants are being thrown into the debate — and are faced with a decision of their own: Should tipping for large parties be left solely to the customer or should the restaurant tack it on to the bill?
  • “When they spend $200 and leave $20, you’re losing out on about $16 or $17 when we already pay a tip out to a host, bartender and bussers. It really makes the income of a server go down.”
  • ...1 more annotation...
  • Restaurants account for 296,100 jobs in the state — 10 percent of the work force.
  • Jennifer Koren on 15 Oct 13
     
    According to this article, the IRS is considering changing the way Automatic gratuities are processed in restaurants. Often when gratuity is included, more than one issue arises. Parties tend to not leave additional tips and there is also an issue with what if a customer wants to leave less than the automatic 15 or 18 percent tip? Bennet Ackerman, owner of a Melting Pot in Indianapolis, says that "some servers tend to get a little lazy when they know they already have that automatic gratuity." If a large party is given a check of $200, some parties will tip $20. If gratuity was included, they would receive anywhere from 30-40. After tip out to the bartender, hosts and other support staff, the server is actually making about a 6% tip off of that table. I agree that with large parties, the reward sometimes does not pay off, no pun intended. More money can be made off of smaller parties, and the turn over rate is faster. Some restaurants are doing away with automatic gratuity, and instead, they are adding suggested tip amounts at the bottom of the check. This, will at the very least, give the guests dining, a reference guide. The issue at hand here is whether or not to consider the automatic gratuity as a tip for a server, or as a service charge. This will greatly affect taxes at the end of the year and budgeting for the employees. With the economy the way it is, servers and other tipped workers are seeing less tips. The issue is of great concern for restaurants and come January 1st, there may be some very unhappy employees as well as restaurant owners.
3More

Heartland Payment Systems (HPY) Debuts 'Mobile and Online Ordering' Restaurant Solution - 0 views

www.streetinsider.com/...9846896.html
shared by smaka004 on 22 Sep 14 - No Cached
  • “Restaurants are looking for a competitive mobile ordering solution that will match the functionality that major restaurant companies are bringing to market, while minimizing the operational impact of adopting this new technology,”
  • Heartland Mobile and Online Ordering automates the ordering process, saving restaurant operators time and money. The solution’s robust functionality reduces the manual processes of servers taking orders by phone, entering orders into a POS (point-of-sale) system and manually processing payments. As a result, restaurants see increased throughput of incoming orders and improved sales.
  • smaka004 on 22 Sep 14
     
    Heartland Payment Systems has recently partnered up with ToGo Technologies to offer mobile and online ordering payment solutions for restaurants. The companies are actually focusing on expanding their market reach by targeting smaller franchises that typically could not afford the hardware and software cost of purchasing such technology. QSRs are hopping on the tech bandwagon. The article gives the example of Taziki's Mediterranean Café, which is a fast casual restaurant with 35 locations. Their guests have easily made the transition from manual to digital ordering. Like others in this market space, Heartland Payment Systems is offering a cloud-based product that is highly customizable. The software takes into account a litany of restaurant industry standards and methods, such as "takeout, delivery, curbside pickup, catering, order from the table, and gift and loyalty." By giving restaurants various templates, they can work on optimizing mobile solutions, including pay-ahead options for quick service. Moreover, their system integrates and tracks key metrics and analytics, improving data mining and collection efforts. More and more businesses are turning to data collection as a means of increasing efficiencies and decreasing waste. With the amount of waste it must deal with regularly, the restaurant industry is a great market to target with data-driven technology. Heartland Payment Systems already has a history of working with the hospitality industry, so it a recognized name. By partnering with ToGo Technologies, they will be able to provide a quality, whitelabel mobile solution for restaurants looking to stay ahead of the pack with technological advances. Heartland will actually be demonstrating their software at the Food Service Technology-Next Gen conference next weekend at the Sheraton in New Orleans, Louisiana for those interested in this product.
3More

iPad, Tablet Point-of-Sale Systems Gain Popularity - 1 views

www.entrepreneur.com/...226874
shared by tkasischke on 13 Oct 13 - No Cached
  • An iPad looks modern and sleek, the device’s mobility gives a merchant greater flexibility in serving customers, and the cash-register software available for a tablet costs considerably less.
  • Jennifer Koren on 13 Oct 13
     
    In this article, mobile POS systems are discussed. Popularity of these devices such as iPad and other tablets are constantly growing. Point of sale computers can cost upwards of $20,000 which is a pretty penny for a restaurant. If restaurants were to switch to tablets and mobile POS systems, the cost wouldn't be the only benefit. With the iPads and tablets, owners and managers can track how many guests enter the restaurant on a daily basis. Inventory is kept up-to-date and is easily accessible for corporations. An interesting point made in the article is "In the same way that some customers continue to write checks in an age of online banking, some merchants will continue to use the older point-of-sale systems out of habit." The times are changing and technology is improving every day. The mobile POS systems allow for small businesses especially to use the money saved for something that can benefit the restaurant- perhaps new equipment for the kitchen. This article describes a program that PayPal recently began to offer. PayPal agreed " to waive transaction fees for the remainder of the year if a business replaces its cash register with an iPad operating PayPal's free mobile-payment technology." The top three tablet POS systems are Groupon, Square and NCR. Each of these have their pros and cons, but over all, they are significantly less expensive than the only bulky POS system.
  • tkasischke on 03 Jun 15
     
    Being a technology kid it is interesting to see how things use to be even just a few short years ago. The different 10 years can make in the POS systems restaurants use is a huge. As times continue to change, most restaurants will be going from POS terminals to POS tablets. Changing to tablets is much more cost effective especially for smaller businesses that need to save wherever possible. Just like when POS terminals came out, there are now a number of tablet POS systems to choose from. Big companies like Groupon and Square have POS systems created for different hospitality segments. Although there are some wonderful creations with the tablets, this form of technology is not made for every business. It gave an example of a company who opened with tablets but within a year forked over much more for the traditional POS system.
7More

OpenKey Named Exclusive Mobile Key Provider For IBC Hospitality Technologies - 0 views

www.hospitalitynet.org/...4084515.html
shared by Rebecca Pichora on 13 Sep 17 - No Cached
  • An exclusive technology partnership between OpenKey and IBC Hospitality Technologies is now enabling independent hotels worldwide to offer the in-demand mobile service to guests who prefer to bypass the front desk, go straight to their rooms upon arrival, and use their smartphones as room keys
  • OpenKey will grow its customer base by bringing its innovative mobile keyless entry services to IBC's independent hotel clients all over the world, and IBC will further enhance its technology portfolio by adding yet another cutting-edge, convenient and desirable mobile guest solution.
  • The technology further offers guests access to conveniences such as remote check in to bypass the front desk, as well as directions to the property, amenity booking, notification of early or late arrival, and more.
  • ...3 more annotations...
  • IBC offers a portfolio of products and services including the proprietary IBC hotel management platform offering managed distribution, advanced Central Reservation System (CRS), and soft brand benefits to independent hotels, villas, and even bed & breakfasts around the world. Considering more than half of the world's hotel properties are independently owned, that's quite a bit of potential.
  • "Guest conveniences are key to drawing clientele, and independent hotels are looking for every technological advantage they offer to both new and returning guests," said Pamela Barnhill, president and COO of IBC Hospitality Technologies.
  • OpenKey will be enabling independent hotel owners and operators to drive their mobile app strategies, improve two-way guest communications, reduce overhead, boost an operation's margins, and increase customer satisfaction and loyalty.
  • Rebecca Pichora on 13 Sep 17
     
    Open Key has made a partnership to run their application with the IBC hospitality group which caters to small hotels and boutiques. With this app they will be able to provide the guests with the most convenient and tech savvy way to enjoy their hotel, with being able to open the door, to receiving concierge services, to learning what is in the hotel. This technology is essential as hotels are trying to find the best way to make the guests experience the most convenient as possible and to attract new guests and to bring back returning guests. With this introduction of the Open key app into smaller hotels it will improve the communication with the guests, reduce overhead and increase customer loyalty and satisfaction.
6More

Harbortouch Releases New Bar and Restaurant Point of Sale Solution - 0 views

www.harbortouchpossoftware.com/...taurant-point-of-sale-solution technology hospitality hotel software tech
shared by anonymous on 28 Feb 19 - No Cached
  • keyword tags for easy item grouping and searching
  • Since HBR is built on the Android platform and features hybrid-cloud architecture, the software adapts easily to both traditional POS workstations and mobile tablet solutions. In addition to the core software, various value-added modules are available such as tableside ordering via tablet, online ordering and online reservations.
  • The software is connected to the cloud for remote reporting and POS management through the company’s powerful Lighthouse portal.
  • ...2 more annotations...
  • Our free POS program has transformed the entire point-of-sale industry by making high-value POS solutions more affordable and accessible to small and mid-sized businesses.
  • businesses can obtain a best-in-class POS system with no up-front costs, including state-of-the-art hardware, premium software, custom programming, professional installation, onsite training and 24/7 support, all for $49/month.
  • anonymous on 28 Feb 19
     
    Last year, Harbortouch released a new POS system that had all the features of a standard POS while also adding new features such as an easier search function, online reservations, online ordering, and tableside ordering. The POS system is cloud-based and uses Android as a platform, making it easily adaptable to standard POS systems and tablets. The company also made things easier and more affordable to smaller businesses by having a monthly fee of $49 for these businesses to get the POS system and everything that it includes, such as onsite training, 2/7 support, professional installation and more.
13More

The pros & cons of using a Property Management System | PrenoHQ blog - 0 views

prenohq.com/...-management-system-small-hotel PMS Hotel software
shared by areut002 on 04 Jun 17 - No Cached
  • comes with its advantages and pitfalls
  • m.
  • PMS is saving time
  • ...9 more annotations...
  • If you’ve chosen a bad system, or don’t know how to use the one you’ve got, you’ve just created more work for yourself and your team
  • all round efficiency tool that’s going to save (and make) you money.
  • boost your revenue by increasing your distribution and booking channels through an integration with a channel manager, and give you a leg up over competitors.
  • adjust your budget and rates to accommodate the fee if necessary.
  • With a PMS that integrates with other technology, you’ll have an “all in one” software that makes managing your hotel much easier.
  • juggling various pieces of technolog
  • y
  • You’ll also have to learn to use each piece of software that integrates with your PMS.
  • The key is to look for a PMS that is easy to use and requires little to no staff training and integrates with your other products.
  • areut002 on 04 Jun 17
     
    This brief article is really good at helping a person understand the pros and cons of the PMS system within hotels, especially on smaller hotels. It is said that the PMS will help saves heaps of time by doing a lot of the work for the admins, freeing up time to do other back office tasks. On the other side of this however, one needs to be ensured that the PMS is a smoothly used system so it doesn't create more work for the employees. With the saving time goes hand-in-hand with saving money as well. Once you save time, obviously you can get more work done. It also helps integration onto other sites. On the other hand though, a PMS system will cost money, so that needs to be taken account for while making new budgets. Additionally, the PMS will put everything in one central location for both the employees and outsiders to view. All in all, the PMS will be beneficial if the hotel finds one that will specially benefit them, these things are not made for everybody.
‹ Previous 21 - 40 of 191 Next › Last »
Showing 20▼ items per page