Running a Hotel Chain? Review IDS Next for All Your Technological Requirements

Hotel operation is always complex. Managing a standalone property nowadays have become quite a tough job. So, one can imagine how difficult it would be to deal with day to day operations at multiple hotels of a chain/brand spread across locations. In case of chain hotels, the management has to maintain the brand’s standard across all the properties. And the situation seems worse, when there is a lack of coordination and operational synchronization with the absence of smart hospitality software solutions.

Here is how the management at chain hotels can address some of the issues –

Look for an integrated hotel property management system

Nothing really can ensure smooth operations at multiple properties other than a powerful and all-in-one hotel property management system. Being at the core of operations, new age Hotel ERP like FortuneNEXT 6i Suite of Hotel Software can do wonders. With extensive number of operationally imperative modules, the Hotel ERP can automate all the entire operations and can increase overall capabilities. Plus, the software collects and stores huge amount of business critical data from across all the properties. The management then can extract those data to analyze and come up with crucial business decisions.

Have an end-to-end centralized reservation system

Guests do come in to your hotels via various booking sources/platforms. The whole thing becomes chaotic if the management at a chain/group hotel does not have a central reservation system in place. Our SkyRes central reservation system provides access to reservation related information on all properties in a chain set up. It interfaces with the hotel’s FortuneNEXT 6i Suite of Hotel ERP and shows real-time availability of accommodation, room rates, instant allocation checking for tour booking, audit trail for critical applications. Additionally, through SkyRes, your hotel is seamlessly connected to thousands of travel agents world-wide who facilitate the process of reservation and booking.

Focused financial planning

Well, handling finance is no easy job. Manual handling of huge amount of financial information can be flawed and can lead to disaster. In this case, IDS Next’s Fortune Central Financial Reporting System (CFRS) can help the management at chain hotels in a better way. Integrated with the property management system, the Fortune CFRS automates the entry of data into respective ledgers, collates financial information and allows for the creation of multiple customized reports that provide insights into property finances. All these can be done sans manual effort. Fortune CFRS utilizes the pull-methodology for data transfers and pulls property level financial data from the PMS database through a proprietary data transfer engine. It provides property wise maps of accounts, transaction types, departments, cost centers, etc. The application also maintains synchronized unit level financial parameters, masters & transaction level data from each property and enables generation of real-time unit-wise or consolidated reports at central level.

Plus, chain hotels can review our Hotel 360 Solutions offerings to efficiently manage their online reputation, connectivity with multiple channels and revenues etc. For more information, please write us at easy@idsnext.com

Debi Prasad Sarangi handles Corporate Communications at Ids Next Business Solutions, a global leader in the domain of hospitality technology solutions.