UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry...

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UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry Chapter 7 -8

description

PMS Functionality Enable guests to check-in/register when they arrive and check-out/pay when they leave - At front desk - Remotely  Remote terminal

Transcript of UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry...

Page 1: UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry Chapter 7 -8.

UNIT 6

The Property Management System

Review of Technology Strategies for the Hospitality Industry

Chapter 7 -8

Page 2: UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry Chapter 7 -8.

PMS Functionality

Six basic functions-Enable guests to make reservations-Enable guests to check-in/register when they

arrive and check-out/pay when they leave-Enable staff to maintain guest facilities-Account for guests’ financial transactions-Track guests’ activities for use in future sales

efforts-Interface with other systems

(Page 138)

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PMS Functionality

Enable guests to check-in/register when they arrive and check-out/pay when they leave- At front desk- Remotely

Remote terminal

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Enable staff to maintain guest facilities

Status Occupant Inspections Room Type

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PMS Functionality

Account for guests’ financial transactions Credit Card Information Address Information

Business Home

Room Rate Room Charges

Night Audit Collects and Posts Room/Guest DataTrack guests’ activities for use in future

sales efforts

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PMS Functionality

Interface with other systemsSales and Catering ApplicationsPOS (F&B)Retail Points

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Four Key Interfaces

Real-time interface with the GDS/CRSThe activities management systemBuilt-in revenue and yield managementThe enterprise

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Hotel GDS Systems

ImportanceServes roles from inventory control to strategic

planning:Strategic

Positioning

Revenue Generation

Information Dissemination

Data Repository

Inventory Control and Rate Management

(Page 160)

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Developing a Distribution Channel Strategy

Transaction ProcessingCustomer Information

CaptureData, Information, and

Knowledge ManagementRelationship

ManagementDemand (Revenue/Yield)

ManagementStrategic AlliancesBrand Management

Supply Chain/Channel Management

Franchisee/Owner Relations

Capacity PlanningSystems IntegrationSpeedAgility and FlexibilityElectronic Commerce

(Page 162)

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Cost Implications

Costs can represent 20% to 30% or more of a hotel’s daily room rate

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Trends

Bypassing Airline GDSLowering Distribution CostsShopping Bots –Smart agent technology

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