Property Management System - Hospitality Industry

Hospitality Industry

In the hospitality industry a property management system also known as a PMS is a comprehensive software application used to cover some basic objectives such as coordinating the operational functions of front office, sales and planning etc. Automate hotel functions like guest bookings, guest details, online reservations, point of sale, telephone, accounts receivable, sales and marketing, banquets, food and beverage costing, materials management, HR and payroll, maintenance management, quality management and other amenities. Hotel property management systems may interface with central reservation systems and revenue or yield management systems, front office, back office, point of sale, door-locking, pay-TV, energy management, payment card authorization and channel management systems.

Read more about this topic:  Property Management System

Famous quotes containing the words hospitality and/or industry:

    He was one whose glory was an inner glory, one who placed culture above prosperity, fairness above profit, generosity above possessions, hospitality above comfort, courtesy above triumph, courage above safety, kindness above personal welfare, honor above success.
    Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 1 (1962)

    For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.
    Ralph Nader (b. 1934)