mycloud Hospitality: Award Winning Hotel Management Software

Hotels are making   148.3 million bookings per year   – but with a good hotel distribution strategy, this number can increase substantially! With the competition being so stiff, hoteliers may find that developing and implementing an effective distribution strategy could be the secret to a thriving business. Because by increasing distribution, you attract more guests and make more bookings, thereby growing your hotel revenue. However, when it comes to creating distribution strategies, there are several elements to keep in mind, such as: who is your target guest, what are your business goals; are you using a good blend of online and offline distribution channels, are you paying enough attention to direct bookings; are you setting competitive prices?, and most importantly, are you using the latest technology such as   Hotel Channel Manager Software   and   hotel management system   to your advantage? In this post, we’ll go over what a hotel distribution strate...

Hotel technology is constantly evolving, from the hotel's presence on the web to the latest mobile apps. Now more than ever, hoteliers need to stay on top of how technology impacts their business. In fact, according to Statistica's study on the benefits of Cloud technology, 54% of the responders stated that cloud PMS are more flexible/agile and 53% of respondents stated that cloud   hotel software   enhanced guest experience in the hotel. Realizing this, hotel owners and managers are increasingly turning to cloud-based technology such as Cloud-Based Hotel Property Management Software to improve the overall efficiency of the hotel. Cloud technology is set to be the next big thing in the hotel industry, with more and more hotels adopting it. This trend will continue, according to Grant Thornton's study that predicts that in two to three years, hotels will invest 7-8% more on cloud technology and the hotels that fail to upgrade will be left behind in the silos. With innovative...

  The bottom line, The ROI (Return on Investment), The Profit margins! Not just in hospitality, the bottom line matters for every business. At the end of the day, we are working for the money, right? When it comes to a hotel, the main thing about achieving high profits is keeping hotel operating expenses under control. High costs and wasteful practices are hurting your hotel’s margins which can easily be avoided with technology tools such as   hotel software systems , smart energy systems and more. On the other hand, it’s essential to have reasonable cost control to maximize profit. Speaking of expenses, a hotel has two types of operating costs: Fixed and variable. Fixed costs are those which you cannot avoid no matter how much business the hotel does. Examples include taxes, insurance premiums, rent, employee salaries, and more, which will remain unchanged regardless of occupancy, sales volume or revenue generated. This does not mean that you can’t reduce fixed costs; the cha...

The Covid 19 pandemic brought the entire world to its knees, affecting every industry with no mercy. Hospitality particularly suffered a big hit, thanks to the travel restrictions and global lockdowns. However, as the world is opening and the economy is picking up, the record low RevPAR prices and low guest numbers are finally behind us. People are traveling again, hotel demand is increasing too, but there is one problem. The staff that was furloughed or let go amidst the pandemic? They are not returning, and hotels are now experiencing a severe staffing shortage. To address this staffing shortage, there are two things you can do as a hotelier, Pay more: You can attract talent by offering signing bonuses, higher pays and more benefits but decreasing overall profitability, or Invest in technology such as automation, mobility, robotization, and next-generation technology applications such as   Hotel PMS   to address existing labor shortages. The objective here is to use technolo...

In today’s hotel business, technology has become an essential component and at the very least, offering a contactless guest journey has become a norm. However, the number one technology that greatly benefits the hotel is the Hotel Software. It is the heart of your property that ensures that all of its departments function in unison. Collecting the smallest amount of information about your customers’ preferences or offering a completely contactless guest experience are just a few of the many features that   Cloud PMS   (Property Management Software) can provide. Keeping all the oohs and aahs of what a hotel software can do for you aside, finding the right PMS can and is a very daunting task. The perfect PMS should be cloud-native and guest-centric, allowing hotels to create their version of the ideal guest experience. At the same time, it should be easy to use and appeal to the hotel staff by simplifying operations. While also offering the hotel owners the flexibility they need...