In an industry-first move, LodgIQ and Skyware have joined forces to announce a strategic partnership introducing a seamless technology integration. This collaboration is set to address the critical needs of hoteliers by offering an innovative solution that simplifies and optimizes hotel operations.
Fraudulent purchases are extremely difficult to accomplish with EMV cards because it is nearly impossible to counterfeit the microchip. Magnetic stripe technology exposes information the card holds to any card scanner. Bad actors can easily obtain that data and create fake credit or debit cards and use them fraudulently at merchant establishments. Still, even with all of that understanding, 25% of all merchants in the United States are estimated to continue to use the older magnetic stripe technology.
Dynamic Pricing for hotels and resorts is Skyware Hospitality Solutions' name for a Revenue Management Systems (RMS) also called 'Yield Management', – a term coined by Robert Crandall, former chairman and CEO of American Airlines in the 1980’s. Crandall called RMS, 'The most important technical development in transportation management since airline deregulation.' It has been widely utilized in all sectors of the hospitality industry including airlines, hotels, and rental cars.
We know upgrading your PMS solution is easier said than done. But rather than ignoring your PMS problems, If you don't take action, you may be missing out on new growth opportunities!
Hotel technology has become an integral aspect of the hospitality industry, exerting significant influences – both positive and negative – on daily operations. In light of persistent labor shortages following the pandemic, hotel industry employers must exercise caution in their technology implementation and management to ensure the well-being of their workforce.
Balancing Budgets and Benefits in Hotel Software Investment
The guide, available for free download on the company's website, offers valuable insights and actionable tips for hotel owners and managers in understanding the complexities of credit card payments and maximizing revenue.
Why unlocking success comes down to choosing proven systems, not bright shiny objects
Leading hotel PMS technology company refreshes brand and website to reflect Skyware's commitment to innovation and service
9 steps to boost your chances of successfully gaining approval for a new PMS that can increase revenue, generate cost savings, and drive efficiency