Hospitality’s Keywords for the Year: Innovative, Intelligent and Digital

28 Apr. 2023

The hospitality industry is quickly becoming a trendsetter with new strategies implemented by hoteliers, restaurateurs and leisure owners. From OTAs to immersive technologies, the industry has adapted to most developments in the market.

Accenture reveals that 86% of companies plan to increase the volume of their cloud initiatives since 2020, which is no different in hospitality. Businesses are preparing for change.

Benefits of Hospitality Solutions

Full-stack enterprise hospitality solutions have been helping businesses adapt to the new changes.

As workflows get automated with digital solutions, businesses are easily resolving labour shortages, simultaneously streamlining operations and adhering to greener standards.

The ability to centrally manage functions, including database maintenance, enables better data monetisation and personalisation. With multilingual configuration, businesses are also becoming more accessible to diverse audiences.

What Management Solutions Hospitality Businesses Can Utilise?

 Comprehensive hospitality solutions offer numerous features for hospitality operators.

  1. Property Management Systems

Designed to manage front office activities, these user-friendly solutions provide numerous options including multi-property reservations, contactless check-in/check-out, multi-currency processing, dashboard-based operations, navigable UI and insightful reports.

  1. F&B Chain Management Solutions

Modern POS solutions manage multiple functions, including swift and safe payments and competitive sales analysis. They also manage everything from expenses, debtors and customers to menus, inventories and multiple outlets. Additionally, online ordering, table booking and catering solutions are now becoming more sophisticated and integrating seamlessly with third-party apps for enhanced experiences.

  1. Guest Engagement and Employee-Facing Apps

Contactless and mobile solutions that enable quick responses to guest needs are necessities in the contemporary hospitality industry. On the other hand, staff-facing apps such as housekeeping provide the right technology to keep the processes intact and update real-time statuses on housekeeping activities and inventory information.

  1. Leisure and Club Management

Effective club management and spa applications also help businesses successfully manage non-room services. These solutions smoothen all guest interactions, from appointment tracking to processing reservations and payments.

  1. Back-end Operations (Finance, Sales and Marketing and Procurement)

An all-in-one hospitality solution can efficiently manage back-end workflows. These include multi-property central finance management, sales and profile management and procurement management.

Investing in Hospitality solutions: What Hotels Need to Consider

Full-stack solutions in the hospitality industry offer all-in-one software to easily manage multiple business types such as hotels, restaurants, wellness and leisure. However, implementing such solutions require careful planning; including a thorough understanding of the business's current operational needs, staff training requirements and cost analysis.

It is essential to understand that innovation cannot be overlooked in an age where business is highly digitalised. Customers expect novelty and convenience, and hotels must rise to the challenge.

What are the Features that Define a Good Software Solution?

A competitive and smart solution is a combination of multiple factors. It should be digitally advanced with contactless and mobile services with robust cybersecurity and integration capabilities.

In addition, it should be easily deployable with minimal training needs. Additionally, a user-friendly interface and 24/7 local and online multilingual support are a must for modern audiences.