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Hotel & Hospitality Accounting Software | Reviews of the Best Systems - 1 views

  • Top 10 Most Recommended Systems
  • With huge turnover rates of customers, the hospitality industry, including hotels and restaurants, processes a lot of data. Software designed specifically for hotels and restaurants, in addition to standard accounting functions, will accept and process reservations and include other features to manage daily operations, such as labor scheduling, food cost control, and billing customers based on room charges and additional services.
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Microsoft Teams Bing With Yelp to Enhance Search Results - Search Engines - News & Revi... - 0 views

  • Microsoft has announced a deal with the community review site Yelp to add its reviews of restaurants, stores and other businesses to Bing search results.
  • Microsoft has partnered with Yelp to integrate its reviews into Bing search results.
  • Bing and other search engines have struggled to grow in comparison to the dominant Google
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  • Google acquired Zagat in September 2011 for $151 million as a way to compete against Yelp in the ad-supported review business.
  • Google in May rolled out the Google Knowledge Graph, which helps a user refine their search results.
  • In the Bing redesign that added the Facebook integration, Microsoft also added a middle column to the results page called “Snapshot.”
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    Microsoft announced that they have partnered with Yelp to enhance their search results.  Google being the number 1 search engine, others are always looking for new ways to compete and possibly take over the number 1 spot.  Yelp is a website that provides users with reviews on businesses such as restaurants, hotels, bars, etc., like most free search engines, Yelp makes their money based off of advertising on their page. Aside from the addition to Yelp, Bing also added a Facebook connection to their search results.  If someone looks up a certain company that has a Facebook page, that page and user reviews will also come up in their search.  Recently Google added a feature called "The Knowledge Graph".  This feature can help distinguish the difference amongst your search if the topic you are researching has various meanings.  Bing came up with doing a "Snapshot" of the pages you search for to help you see more information about what you are searching for.    
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Multiple Properties, Multiple Flags: Texas Western Uses Cloud BI to Automate Data Gathe... - 0 views

  • Texas Western began evaluating a cloud-based business intelligence system to take a load off its accounting staff by automating its property data gathering and reporting. The effort paid off – and produced some surprising results.
  • The company"s hotel software requirements included automatic downloading of property performance metrics from its Hilton OnQ and Marriott PMSes daily, as well as merging the data with labor numbers, Smith Travel Research output, and a variety of other information from TW"s corporate accounting system.
  • Texas Western selected Aptech Computer Systems, Inc. and implemented its Execuvue® hospitality Business Intelligence (BI) solution. Aptech built TW"s data warehouse and worked with Marriott and Hilton to identify, gather the data, and create the report formats TW needed for better performance management
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  • Texas Western"s BI system automatically collects and combines data from its 53 properties with ten flags, performs performance analysis and multi-property roll ups and comparisons, generates daily revenue and flash reports, and emails property specific reports to the appropriate managers.
  • Aptech offered to host our system at its secure data center in Pittsburgh and this has taken all system responsibility off our hands. They handle our data security, backups, and system maintenance so we can run our hotel company."
  • Our BI reports are mobile optimized so our executives can monitor performance anywhere." Smith added that some TW managers like to review reports on their iPads and he can track operations from his iPhone as needed.
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    This article is about a decision made by Texas Western, Hotel Management Company, to introduce Cloud-Based Business Intelligent system. According to the interviews with the company executives, this investment is really paying off. This system has taken system responsibility off their hands and allowed them to cut labor costs which were used to prepare daily revenue reports or spread sheets. Mobile access to all the information also appears to be a useful feature offered by Cloud-based system. 
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IATA Offers Views of GDS, Agents and Distribution - 0 views

  • “Technology with origins dating back to the 1960s, such as that imposed upon travel agencies by the GDS middlemen, simply cannot support the nature of the data required to provide accurate, dynamic price quotes consistent with the way consumers are buying travel today,"
  • But at least 50 percent of the world’s flights continue to be sold through travel agencies, which rely on global distribution systems (GDSs) to display and compare airline products. And the areas of comparison are limited to some very basic metrics such as price, time, and routing—just as they were four decades ago.
  • "Although GDSs have made an invaluable contribution to the industry and made global distribution possible, a GDS screen today looks much like a screen from the 1970s. They are unable to handle the rapidly increasing range of product offerings from airlines."
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  • There is a real challenge in getting these new products and services to the customers in the way they now want to purchase them while legacy carriers are still using the old structures and networks they relied on in the past.”
  • “Airlines are becoming increasingly sophisticated in the types of product they are offering and consumers are becoming increasingly sophisticated in their purchase decisions. The frustration is that these trends are being stymied by the outdated systems of the GDSs.”
  • It is important that US legislators and federal regulators recognize that as monopoly suppliers, GDSs have no incentive to innovate in order to allow passengers to purchase the airline services that meet their particular needs,
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    The limits of GDS's are discussed in this article, as well as the lack of initiative of the big 4 GDS's to adopt and develop newer and more updated systems because of their prevalence in travel. According to the article, the face of the GDS systems look nearly the same as they did in the 1970s, and the airlines systems are not up-to-date enough to meet consumer demands. The author points to consumer trends in the demand for personalization, package variety, and simply the desire for more packages.
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    Global Distribution System is an outdated technology, that cannot be consistent with the ways travel is purchased nowadays, according to International Air Transport Association (IATA). Airlines are constantly adding service or 'bunbundling' their products. The ability to buy priority boarding or seating options, meals and baggages cannot be reflected through the GDS, thus the only way to purchase them is through the airline website. This is harmful to both airlines and customers. Even though, GDS has played an important role, it is time to start developing a new product that will 'present full product or data offerings via a new interface'. IATA is being involved into creating the necessary standards before starting to work on a new platform. GDS-managed technology is slowing the process down. However, there may be some legal issues involved in exchanging the system, which has to be resolved before the launch of a new technology.
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McDonald's Isis play pales in comparison to Starbuck's payments app - Payments - Mobile... - 0 views

  • the challenges with convincing consumers to pay via their mobile devices.
  • The level of employees not understanding mobile payments is much different compared to Starbucks
  • Streamlined payments
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  • Experiences should be seamless
  • testing mobile payment in Salt Lake City, UT, and Austin, TX,”
  • get in and out of the stores as quickly as possible.
  • mobile payments present to merchants and franchises with educating employees on how the technology works in addition to creating a strong infrastructure.
  • if it’s not a seamless experience, no one will use it
  • mobile payment test will also include a loyalty program, special offers and promotions
  • The big improvement to the commerce experience for quick-service restaurants is really about ordering ahead
  • Ordering ahead benefits consumers as it saves them time, and it also benefits the merchants because it allows faster through-put of customers through their stores,
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    McDonald's has been promoting mobile payments in the Austin, TX. Consumers' experience is not up to par compared to Starbucks mobile payments. Because the level of employees not understanding mobile payments is much different compared to Starbucks. In order to utilize the mobile payments, streamlined payments is the most important. Seconldy, experience should be seamless. Educating employees on how the technology works and creating a strong infrastructure would be necessary.
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Ebookers launches mobile-focused rewards programme - Travolution.co.uk - 0 views

  • The company claims to be the first online travel agent that will allow customers to earn rewards on flights, hotels and packaged trips all in one place, with both business and leisure travellers being rewarded with discounts, bonuses and exclusive added value services.
  • Company research identified a continued lack of loyalty in the industry as 69% of consumers say they will visit more websites to find the right price and will use more comparison sites (41%) in the next 12 months than ever before to plan their holiday.
  • Ebookers spokesperson Rob Define said “Following extensive research to identify exactly what it is our customers are looking for in a rewards programme, we’re extremely excited to launch Bonus+, a programme that will ensure our customers get instant access to rewards, resulting in a little more sizzle, a lot more zing and a few more ‘oh go-on-thens’ out of their holiday.
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    Ebookers.com has a new rewards program being introduced called Bonus+, with a focus on mobile use. They have done research and developed a program that allows travelers to earn rewards on hotel bookings, packaged trips and flight bookings. Bonus+ offers a membership which has three tiers to their program. If customers reach gold or platinum status, they offer a 24-hr support for hotel bookings and free upgrades at participating hotels. If customers are to book through their mobile app, they receive more discounts on bookings. This concept is very interesting and I'd like to see how much it will effect the status of travel agents. It will be interesting to see how many more companies will try to come out with rewards programs like Bonus+.
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Travel Agent Use of GDS Growing More Than Any Other Booking Channel - 1 views

    • fotan001
       
      I found this article so interesting as we continue our discussions on GDS and Travel Agents. As reported in the article by Danielle DeVoren/ Taylor McGrann on TravelClick, "a study of more than 650 agents from 34 countries found that travel agents are using Global Distribution Systems more than ever before". GDS has managed to maintain a rate parity, added with more benefits, have added incredible value  to booking with GDS. So much so, that GDS is one of two channels TA's are using more of with a 14 percent increase. The other channel, which was hotel/chain websites, paled in comparison at 3% increase. Promotional messages play a big role as well, as GDS helps Agents find the best rate with the best added amenities. I think this clearly shows that GDS is still a powerful tool for Travel Agents and has continued to deliver to TA's needs by keeping up with the rate race and adding other values in amenities (such as upgrades, complimentary breakfast, etc.). 
  • “With more agents using the GDS, there is an increased emphasis on ensuring rate parity so that agents can maintain credibility with their clients. There is nothing worse for an agent than offering a rate to clients only to learn that they could find a better rate by themselves on a different channel,” said Mr. Ewell.
  • Negotiated rates aren’t the only option for travel agents using a GDS. Travel agents put a premium on booking the best available rate for clients and promotional messaging help agents find the best rate whether negotiated or not. Agents affirmed that promotional messages from GDS Advertising influence bookings,” said Mr. Ewell. 
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Guest Column: How Distribution Systems Are Like Seat Belts - Business Travel News - 0 views

  • global distribution systems use old technology
  • their interfaces aren’t quite as attractive as airline websites
  • they still do what they’re designed to do efficiently and affordably.
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  • agency portals
  • Are not designed to manage high transaction volumes generated by large TMCs.Do not offer comparison shopping on competing airlines.
  • Its strategy seems to rest in shifting distribution costs to corporate buyers.
  • Building out airline websites, keeping website content updated, investing in agent portals and investing in direct connect technology all come with significant capital expenditures or resource costs.
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    My article this week is about how GDS (Global Distribution Systems) can be compared to a seatbelt. The author opens the article discussing the main reasons we still continue to use seatbelts; even though they aren't the most comfortable or fashionable items to use, they still do their jobs in saving our lives when it comes to a collision of some sort. The author is in favor of GDS and makes the claim that like seatbelts, the GDS may not be the most up-to-date or may not appear to be as nice as other local systems to each individual airline, but they get the job done and there are no other systems out there like it that we know of (no other systems that do everything he GDS system does that is). The main topic of discussion that the article is concerned with is the recent decision made by the company Lufthansa to start charging its customers an additional surcharge for using GDS systems instead of going through its own system. The author clearly makes it know that she doesn't believe Lufthansa when they say they are charging this additional surcharge because GDS is the most expensive channel to go through. "Because there's no reason to think that an airline should expect to distribute its products without any cost, Lufthansa's recent gambit seems more of a tactic for increasing lagging direct distribution... Its strategy seems to rest in shifting distribution costs to corporate buyers" claims Rose, the author of the article. The author also points out some of the draw backs of using agency portals, the main reason being that a customer cannot compare rates of other competitors and that agency portals cannot handle high volume transactions like the GDS can. It is also made known that there are costs that come with other channels as well, like the prices you pay for building airline websites and keeping them updated. The author concludes that "Given the history of negotiations between airlines and GDSs, it's impossible to know whether Lufthansa is using DCC as
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Ventures Africa | The Role Of E-Commerce In The Kenyan Hotel Industry - 0 views

  • A report by World Travel Market predicts mobile channel is expected to account for 30 percent of online travel value sales by 2017. At the same time, United Nations World Tourism Organization places e-tourism at a global 59 percent. Both reports evidently point to a shift in the hotel industry, a main player in the tourism industry. It’s important for local industry players to take the hint and embrace e-commerce.
  • the hotel industry is constantly changing and growing to meet new demands and expectations. One huge factor is the global shift to e-commerce, owing to the need to adapt technology in any company’s marketing structure.
  • The explosion of online tourism is not only limited to hotel bookings, as indicated in a report by the UNWTO; 59 percent of research, actual booking, cost comparisons, payments and reviews are done online. Although guests may not fully discard traditional offline hotel research, the study indicates that the average consumer will visit 14 travel-related sites before making an online booking, roughly using each site three times. They will also carry out nine travel-related searches on Google and other search engines.
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  • embrace the rise of digital and mobile marketing methods, and remember a web based business knows no international boundaries.
  • Internet and mobile penetration in Kenya is one of the highest in Africa and keeps growing rapidly. Hotels can capitalize on this with a mobile-optimized customer experience. 
  • half a century ago in 1950, only 25 million people travelled the globe. Last year, the annual number topped 1 billion, a forty fold increase in just 60 years. Upgrading technology to meet a changing industry must be on the forefront of any business operating online. For instance, provision of various payment options, accessible customer care and mobile application to ensure a seamless service on the go is incredibly important
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    I found this article of the rise of e-commerce in Kenya very interesting. We have been discussing GDS and e-commerce from an American point of view and it is great to note that African countries are also taking note of the importance of catering to customers through e-commerce.  Kenya's hospitality industry understands that more people travel nowadays than ever before, and the industry also understand that most customers prefer to book online on their own. The author of the article suggests and predicts that hospitality companies in Kenya will be capitalizing on the growth of Internet and mobile penetration in Africa. 
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Why Event Tech is Vital to Hospitality in Southeast Asia - 0 views

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    This articles talks about give a comparison on different event technology which is currently use among Asian countries. It also explains how the use of technology has become a competitive factor for those events managers that want to capture the attention of the market.
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10 Reliable Offsite Data Backup For Small Businesses And Enterprise - 0 views

  • mazon S3 is one of the biggest offsite auto backup and storage services
  • Offsite vaulting, also known as Cloud Data Backup
  • as part of a disaster recovery plan.
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  • The main reason for backing up files to a remote site is safety. Undeniably a local Western Digital or Seagate hard disk are cheaper and faster, the question is what if there is a fire? or what if there is a break in and all hardware are stolen? What if there is a virus attack and it destroys all the files? Not to mention riots, earthquakes, flooding, terrorism attacks and more. Offsite vaulting solves all of this problem when you have dual copies of everything in 2 different location.
  • Zetta’s cloud-first business continuity solutions will allow your company to recover in minutes, regardless of the failure, disaster or loss
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    This article continues on our modules topic of offsite backups. It explains the need for them in case of emergencies, whether it be a breach or a natural disaster that compromises your systems. It mentions the the biggest services; Amazon S3 and also provides their opinion of top 10 options. It provides the benefits for each of the storage services and why they would recommend them. I personally found that Zetta was a great option as they are not only affordable but also very efficient and safe as it uses a push button. It concludes with information that can help a business decide which company is best for them and encouragement to choose one if you want to keep your data safe and readily available in case of an emergency.
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Why GDS is Important for Travel Industry Software - 1 views

  • After the deregulation of Airline Industry in 1978, ARS (Airline reservation system) became more important to travel industry.
  • The USP of GDS that it can provide the best holiday packages to your guest on lowest rate, which includes air, hotel and car rental.
  • It is argued by many experts that by the end of 2020, GDS will be obsolete
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  • It is feared that advent of multiple price comparison website could eliminate the need of dedicated GDS for point-in-time prices and inventory for both travel agents and end-customers.
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    The article explains the history of GDS, and how GDS doesn't hold any inventory, but they are held on the vendor's reservation system so if a travel agent approaches Air India for reservation, the GDS can route the travel agent to Air India's computer reservation system in real time. Of course any travel agency should invest in the GDS as GDS can provide the best holiday package to guests at the lowest rate, for a package which includes air, hotel, and car rental. The article also illustrates how important GDS was to the airline industry and how the booking process has changed in the past decade, as we can now book within minutes in the comfort of our home. Before it would take an employee over an hour just to book a single flight for a customer.
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How Technology Is Changing the Role of Travel Agents | TTS - 2 views

  • “There’s an app for that!” Technology has already made it easier for travelers to book their own reservations, search the web for getaway destinations (and great travel packages), and run cost comparisons for their travel and accommodations – all through tapping the app.
  • GDSs, high traffic portal travel sites, and start-up agencies can access similar flight and hotel booking systems. This helps agents quickly filter travel options for their clients; it also enables travelers to do self-service booking independently of an agency.
  • Customer service is becoming easier, faster, and more cost-effective. Social media is one technology tool that enables a small staff to handle large numbers of inquiries, forward automated alerts to update travelers on delays and wait times and share interesting industry information
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  • Gamification is not just a newer cost-management incentive program. Gamification is another way technology is meeting travelers’ demands for more enriched travel experiences
  • Among the more important technologies, a travel agent must employ are mobile technology, social media, and the human touch.
  • Social media is one of the more significant tools major businesses are employing to build brand awareness and customer relationships. 
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    The role of travel agents has changed drastically over the last 30 years. When once you needed a travel agent to do all of your bookings for you, you now have access to all of these tools and can create your own travel experience. Therefore, today's travel agent needs to be tech savvy and must keep up with the trends and provide their clients with the most up to date travel information. They also must have an online presence, specifically social media that shows their "personality" and helps with marketing. As long as agents can keep up with the ever changing technologies, clients will go to agents for the "human touch" and real first hand experience.
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What Is a Point of Sale System? A Guide to POS Features - 0 views

  • Ask any retailer, “What is a point of sale system?” and they’ll tell you—it’s the central component of their business; the hub where everything merges.
  • “A point of sale system is a combination of software and hardware that allows merchants to take transactions and simplify key day-to-day business operations.”
  • Software and Hardware Components of POS Systems As we look at the components of POS systems, it’s first important to understand the software options available and what each requires.
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    This article introduces what is a Point of Sale System(POS) and the benefits, must -have capabilities of POS system. Also, the article explains the hardware and software components of POS system. A retailer said the POS it's the central component of the business and the system and combined everything together. POS combination of software and hardware that allows the merchant's transactions day by day for the business operations. Thus, POS system becomes very popular and very helpful for the business. There have the key capabilities and the benefits for selecting a new POS system. For software components, on-premise and cloud-based are two common software adjust methods. First of all, on-premise is a traditional software model, the business can purchase it and installed it on the computer system or servers. You have to pay for the updating and maintaining fee for that software, which means the business has to hire an IT to monitor it. Second, cloud-based, cloud0-based is a good example of the Software as a Service (SaaS) POS solutions. The business has to access the system via the internet. The benefit of cloud-based is when your internet goes down, most systems can save the information for you and you always can go back to check it again when your internet coming back. Besides, the hardware components for the POS are registered screen which is can monitor that displays the product database, the barcode scanner is a automates the checkout process. Credit card reader that can secure the systems. The cash drawer, you need a secure place to store cash for transactions.
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    This article explains what a Point of Sale System is. It also points out an important factor about software and hardware. Hardware requirementshttps://www.softwareadvice.com/resources/what-is-a-point-of-sale-system/ must be met regardless of what software system you have in place. There are two common software deployment methods: On-premise: A traditional software model. Purchase one or more licenses upfront for the software and install it on your computer system or servers. You're in charge of updating and maintaining the software, which may require dedicated IT personnel for larger organizations. Cloud-based: Also known as Software-as-a-Service (SaaS) POS solutions. You access and support the system via the internet. Don't worry-if your internet goes down, most systems track sales and sync them once you're back online.
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About Global Distribution Systems (GDS) and Travel - 0 views

  • Global distribution systems (GDSs) are computerized networks/platforms that centralize services and provide travel-related transactions. They cover everything from airline tickets, to car rentals, to hotel rooms, and more. Global distribution systems were originally set up for use by the airlines but were later extended to travel agents. Today, the systems allow users to purchase tickets from multiple different providers or airlines. Global distribution systems are also the back end of most Internet-based travel services.
  • To see how global distribution systems work, take a closer look at one of the largest—Amadeus. Amadeus was created in 1987 as a joint venture between Air France, Iberia, Lufthansa, and SAS and has grown considerably over the past twenty-five years.
  • There's no doubt that global distribution systems will play an important part in the travel landscape for many years to come, but their traditional role is changing and being challenged by all the changes taking place in the travel industry. Two important considerations impacting the role of global distribution systems are the growth of online travel websites that offer price comparisons and the increased push from airlines and other travel service providers to encourage consumers to make bookings directly via their websites.
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  • While such changes will definitely impact the future growth opportunities for global distribution systems, there will continue to be a role for them as they evolve to meet the needs of travel planners, travel websites, airlines and groups of individuals.
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    Global Distribution System (GDS) is a system operated by an organization that empowers automated exchanges between travel specialist organizations for mainly airlines, lodgings and vehicle rental organizations and travel agencies. Travel agencies generally depended on GDS for administrations, products and rates so as to provision travel related administrations to the end consumers. A GDS can connect services, rates and bookings uniting items and services over every one of the three travel segments: i.e., aircraft reservations, hotel reservations, vehicle rentals. The biggest global distribution framework is Amadeus. GDS is not the same as a PC reservations framework, which is a reservation framework utilized by the specialist organizations also known as vendors. Essential clients of GDS are travel specialists both online and office-based to reserve spot on different reservation frameworks kept running by the sellers. GDS holds no inventory; the inventory is hung on the merchant's reservation framework itself. A GDS framework will have constant connect to the merchant's database. For instance, when a travel office asks for a reservation on the administration of a specific carrier organization, the GDS framework courses the demand to the proper aircraft's PC reservations framework. This empowers a travel specialist with an association with a solitary GDS to pick and book different flights, lodgings, exercises and related administrations on every one of the merchants working in a similar course who are part of that GDS network. There's no uncertainty that global distribution frameworks will have an imperative influence in the travel landscape for a long time to come, yet their conventional job is changing and being tested by every one of the progressions occurring in the travel business. While such changes will affect the future development open doors for global distribution frameworks, there will keep on being a job for them as they advance to address the issue

he Most Common Types of Restaurant Theft - 0 views

started by swhit133 on 10 Oct 18 no follow-up yet
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Importance of Accounting in Hotel Management | - 0 views

  • contact Home » Hospitality Software » Importance of Accounting in Hotel Management 07 May 2014 1 Comments Importance of Accounting in Hotel Management <img width="350" height="263" src="http://jinisyssoftware.com/wp-content/uploads/2014/05/accounting-calculator.jpg" class="attachment-350x9999x1 size-350x9999x1 wp-post-image" alt="accounting-calculator" srcset="http://jinisyssoftware.com/wp-content/uploads/2014/05/accounting-calculator.jpg 1548w, http://jinisyssoftware.com/wp-content/uploads/2014/05/accounting-calculator-420x315.jpg 420w, http://jinisyssoftware.com/wp-content/uploads/2014/05/accounting-calculator-1020x764.jpg 1020w" sizes="(max-width: 350px) 100vw, 350px" /> Imagine a world without order, where everything was a mess and no one knew where anything was. Where money and resources were being thrown out it all directions without knowing how much was spent, how much was left, or even where it went to. This wouldn’t be very sustainable, not to mention comfortable. Now imagine if this was in a hotel environment; how could you even accommodate guests? Hotel staff wouldn’t get their salaries, guests wouldn’t get what they paid for, no improvements would take place, and money would just disappear. That doesn’t sound too good, does it?
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    This article is meant to show the reader about the importance of accounting in the Hospitality & Tourism industry. The role of an accountant is crucial to the success of a hospitality company. The article also goes onto answer the questions that commonly face accountants.
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    In this article titled, "Importance of Accounting in Hotel Management", the author stresses that accounting is crucial in numerous industries and processes, including the hospitality industry. Hotel accountants need to create month-end accounts, compare profits to previous periods, analyze forecasts, prepare budgets and business planning, financial statements, balance sheets, cash flows and payroll control. Aspects to take into consideration are the amount of total sales achieved per year, average prices of hotel rooms, and month's profit comparisons. An interesting quote I read in this article was that "it is important to distinguish accounting from management. Accounting is a tool used by good managers". Accounting in hotel management is crucial to keep track of cash flows, forecasts and aforementioned reports. While analyzing how accounting can further add value to managers or how it can be optimized, I believe that real time reports and data analysis can create red flags so changes can be performed on time and systems can be optimized. After all, this allows the business to become more efficient in order for them to focus on their core strengths and direction.
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Sabre to Add GDS, Aggregator Content Into New Hotel Booking Tool | Travel Agent Central - 0 views

  • Travel agents using the new lodging solution will be able to access content from the three companies under the new agreement.
  • Having aggregator content integrated with traditional GDS hotel content makes travel agents and corporate booking tool providers more efficient, effective and confident in the increased depth and breadth of lodging offerings they are able to bring to their travelers,"
  • The new lodging solution will allow a more seamless shopping experience that will display the new content at the room and rate level, side-by-side, for more efficient comparison
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  • The solution will not only drive more efficiency and revenue with increased lodging choice, but will also extend tools and enable improved optimization capabilities to better manage chain, property, and rate-level preferred content, Sabre said.
  • We're dedicated to driving business for travel agencies by offering them the widest range of the best hotels under exclusive terms and conditions, and partnering with Sabre furthers that commitment
  •  
    I found this article interesting, as technology is constantly advancing, and this supports just that. Sabre has announced it is introducing a new lodging solution that will allow travel agents to access content from three different companies in one, thanks to a new agreement with Sabre. This solution will allow for an easier shopping experience, with a wider range of the best hotels and rates side by side. Overall, as Christian Gerron says in the article, "it is to provide their customers with the best choice and flexibility." At the end of the day, that is just what any hotel, travel agent, and any other sectors of our industry want, what is best for our customers. 
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Sabre empowers the travel industry to reimagine lodging with new aggregator content | M... - 0 views

  • Expedia® Affiliate Network (EAN)
    • msoma003
       
      One of the biggest OTA's a lot of market penetration
  • integrate multiple sources of content
  • industry demand for additional types of rate and inventory options
  • ...8 more annotations...
  • Having aggregator content integrated with traditional GDS hotel content makes travel agents and corporate booking tool providers more efficient, effective and confident in the increased depth and breadth of lodging offerings they are able to bring to their travelers
  • aggregators, redistributors and agency-sourced hotel content
    • msoma003
       
      More than one booking source, efficient
  • side-by-side
    • msoma003
       
      Very useful tool
  • driving business for travel agencies
  • travel agents are able to better accommodate travelers and increase overall bookings, bettering their short- and long-term business goals.
    • msoma003
       
      All about TA,
  • but will also extend tools and enable improved optimization capabilities to better manage chain, property, and rate-level preferred content. 
  • exclusively caters to travel agencies
  • Selling exclusively to travel agents
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    This article discuss Sabre which is one of the biggest GDS systems in use ad their decision to integrate with Bedsonline, TravelBound and the Expedia® Affiliate Network (EAN). The reason they decided to do this was to increase their inventory and in turn better serve the customer. What I found interesting is that Bedsonline and Travelbound are both travel agent exclusive companies, this shows that despite availability that OTA's have travel agents still play a crucial role. I would also like to use the side by side comparison tool.
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Benefits of the Central reservations system | Hotel Hospitality Industry Current & New ... - 1 views

  • The importance of central reservations system in hotel business cannot be measured in few words
  • g the internet
  • CRS which stores, distributes and disburse information of hotels, resorts and other lodging facilities across the online fraternity.
  • ...8 more annotations...
  • reach the global distribution system
  • marketing and sales on the internet
  • provide you with a better reservation system.
  • visible online to customers and travel agents, making them know about the services and other things of the hotel in terms of services.
  • online mechanism works on the visibility.
  • check on the rates of the rooms in comparison to the competitors.
  • connects your hotel with the GDS and makes your visibility among the thousands of the travel agents scattered all over the globe.
  • wider audience
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    It is said the the central reservation system is essentially the core of reservations since the internet plays a huge part in making those reservations. It goes from property management systems, to the CRS which is then distributed to GDS's, wholesalers, or other viewing options. This allows the hotel to have profiles that can be viewed online by consumers and agents to get a feel for the services. Additionally, it is said that is allows for great visibility to attract more customers which allows for groups and blocks. It also allows the consumer to check around for competitors to ensure they are finding the best rates and deals. All in all, it connects the entire globe to reach a wider audience to maximize profit.
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