Vendor Landscape: Property Management Systems

You’re not just renting rooms anymore – find a system that helps you build the customer experience.

Selecting a Property Management System (PMS) has never been easy. There are vast changes to the industry as vendors get acquired and customers are requesting cloud-based solutions.
The Property Management System is the most critical piece of software in any hotel, but many organizations continue to base their selection on what their neighbors are using.

Customers expect every convenience possible, but if you want to deliver unique functions like mobile-phone room keys and self-check in/out, you must be sure that your PMS will support it.
The PMS will house the majority of your patron data and must be kept accurate and up to date in order to take advantage of functions like revenue optimization and guest loyalty.
Whether it’s single-function systems integrating with the PMS such as room-key, revenue management, and housekeeping, or enterprise systems like BI, CRM, or Casino Management, ensure that you have an integration strategy that accounts for platform, deployment architecture, and data management – not to mention functionality.

Shortlist top PMS vendors and their products based on requirements for trends such as mobile, self-service, and real-time data.
Save time and money by using Info-Tech’s Vendor Landscape to compare and contrast the major PMS vendors, and then create a shortlist of the most appropriate vendors.

Analyst Interviews: Share your best practices, opinions, tools or templates with your peers.
Webinars: Interactive session to keep us focused on topics you want to tackle.
Upcoming Workshops: Accelerate your project with an onsite, expert analyst to facilitate a workshop for you. Contact us for more details.

See how all the steps you need to take come together, with tools and advice to help with each task on your list.

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Understand the PMS market space

Evaluate PMS solutions, their capabilities, and weaknesses.
- Vendor Landscape Storyboard: Property Management Systems
Review PMS solutions

Build a shortlist of best-fit PMS tools.
- Property Management Systems Vendor Shortlist Tool

This guided implementation is a three call advisory process.

Call #1: Get off to a productive start: Discuss the market space and how vendors are evaluated. Decide which platform suits you best and narrow down the options based on customized requirements.

Call #1: Interpret and act on RFP results: Review vendors’ RFPs and ensure the solution will meet your needs. Discuss average pricing of solutions and what can fit into your budget.

Call #1: Purchase optimization: Review contracts and discuss best practices in negotiation tactics to get the best price for your solution.

Search Code: 73642
Published: October 29, 2013
Last Revised: July 24, 2015