The Future of Hotel Revenue Managememt

What will hotels look like? Will hotel operations have changed drastically? Will value still be the primary factor for consumers when booking a stay? Will flagged or boutique properties be more popular? Will the technology that we use today still be used in the distant (or not-so-distant) future?

When I dream, here¹s what I imagine the hotel industry will be like in the future:

It¹s in the cloud

In recent years, there has been a huge interest in cloud-based technology in all facets of our lives. From Salesforce to Dropbox, we are all very familiar with the benefits of cloud technology: cost-effective; saves on electricity; info is accessible from any computer, at any time; and direct, real-time information transfer.

So it only makes sense that cloud-based hotel technology will be the next big thing for optimizing hotel operations. While most hotels today use a physical, on-site PMS, I predict that over time, we will see cloud-based versions of all operations systems: PMS, channel manager, RMS, etc. in most properties worldwide.

Which brings me to my next predictions. Read more

Published in: http://www.hospitalitynet.org

By: Jean Francois Mourier

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About RezNext

RezNext is the world’s only true Real-Time Distribution Management Solution provider. It empowers hotels to adopt a distribution strategy that simplifies the complex global distribution environment and makes it understandable and manageable. It is integrated with revenue management, operating intelligence and powered with reputation management insights. RezNext’s portfolio of offerings include Rate & Channel Manager, Revenue Management, Online Reputation Management, Website Designing and Web Booking Engine, Mobile solutions, Central Reservation System, Business Intelligence, Property Management System (PMS) two-way connect, GDS and OTA Interface and Loyalty & Feedback Management. Our growing range of solutions can be access by hospitality properties across market segment and size, such as independent hotels, chain hotels, business hotels, resorts, clubs, service and limited service apartments, spas, restaurants and others.
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