Gone are the days where one hotelier needs to put in a huge capital investment only for its technology adoption or if I say on its PMS which requires various installations to cater different functions in hotel & only big hotels were able to afford but the question lies what about the budget hotels and condominium properties. This urge to the advent of cloud computing in hotel management system, in today's era of e-booking a major chunk of hotel sales is generated through various online channels, and this led to a concept to develop a PMS system which can cater online as well as offline areas of hotel operation and also should not heavily be priced at the same time. Thus, the evolution of Cloud Based Hotel Management System came into existence which brings in a lot of automation to streamline the operation and making it hassle-free whether it is about managing inventory in various OTA'S or its about rolling out price changes in various channels all can be managed with a single dashboard, this is not all with no less competitive in features it comes with bare minimum expense as lot expenses are been eliminated as early installation fee, security fee, software license fee and upgrading fee. It is estimated that globally hospitality technology spend to hit $32.6 billion by the end of 2018 and a study says currently a hotel generates 75% of its booking through online channels as OTA'S and its booking engine. Yes, being run on cloud server it still remains as a challenge for all time internet availability but at the same time, Cloud-based Hotel Management System is boosting and empowering the hotels in every segment in a huge way. Think it's time to join the fleet and take the control of the operation in your hands.
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