While front office management is the core of guest facing Front Office operations, Financial Management is the heart of back of the house hotel operations. This module is gaining increasing prominence as hotel managements begin to increasingly focus on numbers. In a service based hospitality environment, bottom line is a culmination and reflection of the success of numerous hotel functions and when management needs to take an actionable decision, it is the financial module that plays a critical role.
Few if any hotel software providers offer this critical module, preferring to integrate with generic finance software instead. However, IDS Next has built all the modules of their Hotel ERP from the ground up. Each module is developed for the niche needs of hoteliers, and the same applies to financial management. Read More
Published in: IDS Next Blog
By: Ronnie Sarkar
With SkyRes, hoteliers can simplify the reservation process and grow revenue.
Bangalore, 29th June 2015: IDS Next Business Solutions Pvt. Ltd, a global leader in providing Hotel ERP and software solutions to hospitality and leisure industries, today announced the launch of a new product, SkyRes. Their cloud-based central reservation system has been crafted for the niche needs of chain and group hospitality properties. SkyRes is the first product that has been introduced as part of the company’s Sky Suite of solutions and has been built on Microsoft Azure platform. With SkyRes, chain and group hospitality properties can now leverage a robust, end-to-end reservation solution.
Published In: IDS Next Press Release
Last week, Applause, an Israeli app quality assurance company, conducted a comprehensive analysis of customer feedback on the 48 most popular US sharing economy apps. Based on app store review counts, the brands that qualified included famous companies such as Uber, Airbnb, and TaskRabbit, among others.
Despite the seemingly obvious win-win of the sharing economy, in which one party can make money by offering underused goods or services to another – and the fact that the sharing economy’s revenues are expected to increase more than 20 times in the next 10 years – the study’s results were not exactly glowing. Read More
Published In: e27
Each year, Hospitality Technology presents a select group of lodging companies with its Hotel Visionary Awards. The awards, presented live at HT’s Hotel Technology Forum, acknowledge lodging companies that have embraced technology in new and innovative ways, and that have overcome challenges in operations or customer experience through technology.Read More
Published In: Hospitality Technology
As we pointed out last year, Mary Meeker is an Internet oracle those in the business take seriously.
Her 2015 report is out. You can and should read it [PDF also available at that link]. It is, though, 197-slides-long, so in case you’re pressed for time, here are a few points from it that caught my attention.Meeker starts by looking back over the last 20 years.Read More
Published In: Forbes India