Five considerations for hotel companies before buying from a tech startup

There are a myriad of hotel technology startups in the market these days. Times are good, people are traveling and wallets are opening. Startups can offer a very attractive opportunity for hotels looking to differentiate themselves, increase efficiencies or boost their bottom line.

hotel distribution technology - reznext

They can be aggressive on pricing and can be a great alternative to antiquated systems. They can be hyper-focused on personal service, and they can provide unique solutions that solve the problems hotel face on a daily basis. In today’s complex world of buying technology, it simply comes down to asking the right questions when selecting a great start-up.

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NB: (This is a viewpoint from Alan Young, chief executive and cofounder of Puzzle Partner.)

The above is an extract of the original article available at: tnooz

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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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