Strategies for Retaining Employees in the Hospitality Industry
UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry...
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Transcript of UNIT 6 The Property Management System Review of Technology Strategies for the Hospitality Industry...
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)
PMS Functionality
Enable guests to check-in/register when they arrive and check-out/pay when they leave- At front desk- Remotely
Remote terminal
Enable staff to maintain guest facilities
Status Occupant Inspections Room Type
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
PMS Functionality
Interface with other systemsSales and Catering ApplicationsPOS (F&B)Retail Points
Four Key Interfaces
Real-time interface with the GDS/CRSThe activities management systemBuilt-in revenue and yield managementThe enterprise
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)
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)
Cost Implications
Costs can represent 20% to 30% or more of a hotel’s daily room rate
Trends
Bypassing Airline GDSLowering Distribution CostsShopping Bots –Smart agent technology
Next Week
Database Usage