mycloud Hospitality: Award Winning Hotel Management Software

  The COVID-19 pandemic has shaken all business industries to their core. Still, some have felt the adverse effects more than others. Hospitality businesses like hotels and restaurants have lost a large portion of their customers, and some have even been forced to close down completely due to restrictions. Before the whole pandemic started and shut down international travel completely, the hotel industry was booming. In 2019, the room revenue alone reached $550 B, which was 2.5% more than in 2018. But instead of continuing along with future growth and fulfilling optimistic estimates, the industry plunged into one of the most challenging periods. But hoteliers are looking to salvage what they can and adapt in every way possible to the current situation. One of the critical points of these readjustments is the adoption and development of   new hospitality technologies . Hospitality & Technology Trends The whole hospitality industry has been adopting new tech solutions at an accelerat

  Most of the people never imagined that 2020 would face a worst pandemic health crises in the modern history bring the whole world to halt. Many governments had to close down most of their economics to limit the spread of coronavirus. The result has been unprecedented in terms GDP and Unemployment levels. Over the past decades, travel saw consistent growth even when financial crises and other pandemics affected the global economy. But today’s situation is different with international tourist industry seeing a 58-78% of decline. The hospitality sector saw a four time greater than two crisis combined. Hotel demand may not reach pre-COVID levels until 2023 and hotels operating in post-COVID scenario will be completely different. But few things never change such as customer service and amenities offered. Customers these days expect more such as cleanliness, safety and what   Hotel technology   is offered to its guest. New emerging   hotel software   technology   in the industry will help

Each hotel has a peak part of the season they look forward to. During this time, the bigger part of their yearly revenue is made. Most hotels these days strive to increase the number of direct bookings during the peak period. This is their most direct approach to increasing their overall revenue. We are here to talk about a few practical things that hoteliers can do to maximize their booking and raise occupancy to previously unseen levels. The global hotel industry was estimated to have made around 550 billion US dollars in 2016. Still, these numbers are growing as global spending power increases and lifestyle priorities for people change. Keeping up with industry growth isn’t easy but it can be done if hotels manage to keep up with their season peak. Online Reviews These days, there is less and less work for travel agencies as the modern, tech-savvy traveler takes care of most things him/herself. Modern tourists want to create their own experience and are not afraid to do hard researc

 COVID-19 pandemic restricted many people indoors last year, the new social distancing norms encouraged more people to use social media. Which took social media users to a whole new height in 2020. Since many experts project that the coronavirus pandemic will continue to impact for the years to come. With tons of opportunity available online for guests to plan a travel. More guests utilize their social media accounts every day to search for destinations before booking a travel, so it is important to stay updated and engage with its users. To utilize social media to its full potential hotels should use right hotel technology tools and plan their social media marketing strategy. We have compiled few social media marketing tips to help hotel marketers create an effective and successful strategy. Outline Your Social Media Strategy The primary step to create a successful social media marketing campaign is to think about your target audience and their interests to create a basic

 In the wake of limitless connectivity and current technological revolution, one would think that the hospitality industry would finally enter another golden age. Digital nomadism has already been established as modus operandi of this generation, while 24/7 accessibility is no longer a matter of debate. But instead of a futuristic renaissance, hoteliers are experiencing deteriorating safety issues. The latest headlines from the industry are spreading the word of frequent phishing incidences, data hacks and security breaches. They are apparently taking a toll on luxurious hotels and small hospitality businesses alike, thus threatening not only individual brands but also the industry as a whole. It’s certainly a reason for concern, though it’s not a cause for panic, as reliable solutions actually do exist. The following is the only hospitality Wi-Fi security checklist you need. It All Starts and Ends with PCI Compliance and GDPR When cybersecurity experts talk about PCI compl

Is your hotel suffering from no-shows? If no, then perhaps it’s competition that’s been killing your revenue. Doesn’t sound familiar either? Then you must be among the very few who haven’t been unaffected by the ever-changing guest behavior and booking patterns. Sooner or later, you will be too. Because the entire hospitality industry is The only ones who were spared are the likes of Hilton, Marriott, or Wyndham. What’s mutual between them is an automated hotel PMS. Having an automated  cloud hotel PMS  to help you automate and streamline everyday operations could be a lifesaver in the face of such business adversity. By taking the holistic approach to revenue management, these convenient cloud-based systems drive bookings and boost overall ROI. Here’s how. Cloud-Based PMS Solutions Are Cost-Effective Though there are PMS solutions that can be stored and used exclusively in-house, we’ve decided to focus on those revenue management tools that are cloud based and so should you. Cloud-bas

Any organization that offers great service or quality products typically has some great work going on behind the scenes. For the hotel industry, this often largely involves an I.T. department that ensures the hotel management system is reliable, HR office that recruits the best talents, and more importantly; a hotel accounting software that ensures secure and reliable financial management. All these functions fall under the back office. Just how crucial is back office for a hotel or hotel chain? Every strategic decision that determines the very survival of the business is made within the back office. This underscores the vital need for a robust and effective hospitality back office software. There are a lot of benefits that any hotel or hotel chain can realize from implementing an effective hospitality back office software . Let’s look at some of the advantages of an integrated hospitality back office software solution offering inventory, food cost and accounts.   1) System administrat