SIGNIFICANCE OF RESTAURANT MANAGEMENT SYSTEM

Be it a fine dining restaurant, F&B or QSR outlet, the restaurant industry in general has been impacted by many technology solutions. These solutions are essential to automate operations and to serve their patrons efficiently. Therefore, operators are now keen on adopting technology solutions including restaurant management system and e-menu app. Read More

By: Manoj Mohanty

Published in: IDS Next

HOW DO SMART TRAVELERS FIND THE RIGHT HOTEL?

Today’s travelers are smart and they explore many options before selecting a hotel. They leverage the power of internet to find out accommodation options and to visit the hotels’ websites to know more about their amenities. Most importantly, they spend lot of time reading online guest reviews. Read More

By: Jacob K I

Published In: IDS Next

TOP 4 CHALLENGES FOR THE HOTEL INDUSTRY AND HOW TO HANDLE THEM

Being a part of 24/7 guest facing service business, hotel industry world-wide faces many critical issues on daily basis. Right from handling operations to serving guests, hoteliers have to handle numerous bottlenecks. For example, they sometimes have to make their guests wait for longer time due to the absence of right technology to speed up the check-in process.

Here are top 4 issues impacting the performance of the hotel industry across the globe. Hotels across segments and offerings face these issues – Read More

By: Manoj Mohanty

Published in: IDS Next

DOES YOUR HOTEL PMS SOFTWARE HELP YOU BECOME GST COMPLIANT?

Come July, India will witness a new and unified system of tax structure in the form of Goods and Services Tax (GST). Like any other industry, hotel industry too is preparing itself to operate as per this new taxation regime. And as a leading Hotel PMS Software we at IDS Next have also been working relentlessly to help hotels in their pursuit to become GST compliant.

Trouble with the existing taxation system

Presently the hotel industry is affected by multiple tax structures like service tax, luxury tax and VAT, levied by both central government and respective state government. For example, VAT varies from state to state and luxury tax depends on the proportion of the room tariff. Service tax depends on the types of services provided by the hotel. This leads to confusion as sometimes the same service or product gets taxed under multiple heads and multiple times. This leads to higher taxation which goes up to 27%. Additionally, some of the input tax from central and state taxes can’t be set-off against other taxes. In other words, this leads to a cascading effect. Read More

By: Manoj Mohanty
Published In: IDS Next