Articles tagged “pms”

The short-term rental space is fragmented to the hilt. We'll probably see more channel managers like Rentals United consolidating or seeing their businesses dry up.

There have been a ton of layoffs in various areas of the short-term rental industry over the last year. Facing headwinds, companies are trimming costs and trying to position themselves to new market conditions.

This move by Hilton is significant and shows that the hotel industry is, finally, modernizing its core systems. For HotelKey, it's a remarkable win by a small tech vendor in a competitive space.

This deal undoubtedly won't go down as one of the largest of 2022, but it shows the continued interest in investing in hospitality technology. Even Jerry Jones can recognize an interesting deal.

The venture arm of enterprise giant Salesforce may see its investment in Mews as yet another way to get its array of services into the hands of hotel companies.

The Hotel Tech Benchmark dashboards and reports respond to a dire need from hoteliers, tech vendors, and investors alike. Understanding the makeup of hotel tech categories, and identifying growth opportunities, will help the industry drive its move towards digitization.

Oracle Hospitality is best known for providing full-service hotels with operational software. But this fall it has begun to go after the limited-service segment, too. Its surprise for next year will involve hotel distribution.

The U.S. Department of Commerce agency charged with forming voluntary cybersecurity standards for companies has released security guidance to hotels. The new report addresses a need for tighter security for property management systems, a core piece of software for hotels, at a time of reduced hotel staffing.

Technological advancements have allowed for new entrants into the property management systems space to offer a viable alternative to incumbent legacy systems. Those systems might be scrambling for now, but they'll catch up. All this can only be a good thing for the PMS and hotel tech space in the long run.

Oracle Hospitality's Alex Alt sees two gaps in his company's suite: distribution services and customer relationship management tools. Yet the opportunities with both are dynamic, not static, because of fast shifts in hotel company priorities and traveler behaviors. That will require Alt to be one very adaptable executive.