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  What to Expect From the Hospitality Tech Sector in 2023 Over the last 50 years, technology has been fuelling the hotel industry's growth with the first-ever implementation of Hotel Property Management Systems in the 1970s. Plus, with the emergence of several other solutions, hotels have gone digital, gained agility, streamlined operations, reduced errors, saved costs, and increased revenues. They have been able to match their guests' changing expectations with the right tools.  In 2021-2022, technology was one of the critical elements that helped hotels across sizes, segments, and regions come out of the Covid-induced grim phase. For example, it allowed their non-guest-facing staff to work remotely per the restrictions. It also enabled them to run the show by streamlining operations with a significantly reduced workforce. Most importantly, technology helped them to drive efficiencies, revenues and guest experience.  As the hotel industry enters 2023, dubbed as the m...

  What is the State of IT Investment in Hotels and What Needs to be Done? Like any other industry, hotels have realized that technology adoption is the only thing that will help them drive growth. And this has led to a slight yet encouraging increase in their IT investment. Hotels are encouraged to increase their investment in IT to grow their business. These days, more and more hoteliers believe that cloud migration will significantly impact the industry in 2023. As the hotel business is back on track globally, the keenness of hoteliers to invest in technology is more than ever. Where does a Hotel Property Management System stand on a hotel’s priority list? When we say cloud migration, it primarily indicates adopting a  cloud-based hotel property management system  (Hotel PMS). As also referred to as hotel software or hotel management software, Hotel PMS is a crucial piece of a solution for handling day-to-day hotel operations. It's all about adopting the ri...