Like any other state, West Bengal is also seeing an improvement in its hotel industry. According to Cushman & Wakefield, Kolkata’s hotel room inventory is set to grow by 105% and with this growth rate, the city will add around 3818 rooms by 2017. Out of the total upcoming room supply, 34% will be in mid-scale and 30% will be in luxury segment. Similarly, 19% of the total future supply will come from upper luxury and 10% will be in upscale brands. Only 7% will be in budget segment hotel.
Smart hotel management software to generate reports
A smart hotel management system or Hotel ERP stores large amounts of data on hotel operations and then lends this data for vital analysis. Hotels leverage this data to generate reports that are essential for hotel management to track and analyze their profitability and growth. Accurate reports help the hotel management in coming up with future business strategy. Hotel management system reports are important in that they offer much needed intelligence and facilitate precise decision-making. Read More
Published in: IDS Next
By: Mrutyunjaya Das