A hotel PMS is a solution developed specifically to replace those complex Excel sheets you’ve been using to manage your daily hotel bookings, room inventories, billing, etc.
PMS is an acronym for Property Management System. There is a vast amount of PMS providers available online, and you can find them by doing a simple Google search. It’s a jungle out there!
Using a hotel PMS will cost between €60 and €350 per month and will require a bit of effort during the setup process and growing accustomed to the new system. However, we do believe that the software’s long-term benefits are well worth the small initial investment.
Let’s take a look at it together!
Table of contents for this article:
- Property Management System versus Channel Manager?
- Save a lot of time with a PMS
- A PMS will help increase your revenue
- Which hotel PMS provider to choose?
Property Management System versus Channel Manager?
Choose a new generation cloud-based PMS. “Cloud based” is a term that refers to applications or services that do NOT need to be installed on your computer. Thus, the PMS is an online application that is readily available by logging in from different computers or mobile phone applications. There are numerous benefits of cloud-based solutions, and it allows you to connect your PMS to a Channel Manager.
The PMS helps you manage your hotel’s daily operations (invoicing, room inventories, housekeeping, check-ins, check-outs, etc.). The Channel Manager, on the other hand, is an online system that allows you to centralise and automate your rates and room inventories on your various booking “channels” such as your websites (via the booking button) and also external ones such as Booking.com, Airbnb, Hostelworld, etc. Both systems can be merged.
The Channel Manager can be integrated into your hotel PMS in such a way you will hardly notice it. Although it is possible to opt for either a Channel Manager or PMS separately, we strongly recommend opting for both solutions and integrating them, and since the internet has become so central, this is considered a “must”.
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