OTAs help hotels sell more rooms to a wide-range of travelers from across the globe. They connect millions of travelers to hotels via online booking platforms every year, which is good for hotels. But, hoteliers feel the heat while paying out a huge sum of their earnings to them as commission charges. This surely impacts their profit margin. In this case, hotels must consider adopting various ways to get more direct bookings without paying commission to OTAs. Read MoreBy: Nandika UdupihillaPublished in: IDS Next
Showing posts with label Hotel Industry. Show all posts
Showing posts with label Hotel Industry. Show all posts
Thursday, 17 August 2017
Wednesday, 5 July 2017
USING THE RIGHT HOSPITALITY TECHNOLOGY SOLUTIONS? ASK YOUR GUESTS!
Hotel industry is undergoing a technology driven transformation. Today’s smart hospitality technology solutions not only helps hoteliers automate operations, it also helps them serve their guests better. Hoteliers can adopt various hospitality technology solutions to achieve required operational automation. Read More
By: Varadharajan Athmanathan
Published in: IDS Next
Tuesday, 20 June 2017
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
Wednesday, 2 September 2015
What Every Hotel Owner (& Operator) Needs to Know About “Data Security” After Wyndham Worldwide Case
On August 24, 2015, the Third Circuit United States Court of Appeals issued its ruling in the case FTC v. Wyndham Worldwide Corporation.
The case was highly anticipated by the data security community
generally for its expected ruling on the authority of the Federal Trade
Commission to regulate data security standards, but nowhere was the
anticipation more keen than in the hospitality industry. After all, this
decision didn't deal with retailers, banks or dating sites – it
addressed a major hotel player and, by implication, all operators,
brands and owners in the industry.
We know that cyber crime is big. In 2014, there were 42.8 million
detected security incidents (and, most likely, many more that were never
discovered). Estimates of annual cost of cyber crime to the global
economy ranges from $375 billion to as much as $575 billion as companies
face increased vulnerability, ranging from greater technology available
to cyber criminals and new types of cyber crime, like crypto-ransom. Read More
By: Jim Butler
Friday, 16 August 2013
Previous IDS NEXT: Redefining the Hotel Management Education in India
Tourism in India is set to grow and as
per the World Travel Organization, the country is getting ready to
receive 125 million tourists by 2015. In proportionate to this, India is
also gearing up to have more hotels at all categories to accommodate
the ever growing number of tourists.
Take a look at the below mentioned statistics:
Take a look at the below mentioned statistics:
- India has over 200,000 hotels rooms across categories and is expected to have more 114,000 hotel rooms in next five years.
Now, the next big question is – Does the ever growing Indian Hotel Industry have access to extremely talented pool of personnel to run the show at various levels? No doubt, the growth in tourism and hotel hospitality business has led to a sharp increase in the number of institutions providing quality education in the field of hotel management.
Some of the reputed institutions are always a step ahead than their competitors in terms of introducing several new elements to their curriculum. Apart from teaching the regular stuff, some of them have also introduced technical education in order to provide their students a high class training session. The motive – these institutions take every possible step to make sure that their students get recruited by big hotels as soon as they finish their course. Read more
Published in: IDS NEXT Blog
By: Ronnie Sarkar
Monday, 4 February 2013
IDS NEXT Hotel ERP, FortuneNEXT6i Becomes PA DSS Compliant
Bangalore, February 5, 2013 - FortuneNEXT6i, the newest
version of IDS NEXT’s Hotel ERP, gets PA DSS Compliance Certification.
IDS NEXT is a global leader in ERP and total
technology solutions for the hospitality and leisure industries, and has been
pioneering hospitality technology in India for the last 25 years.
With the Payment Application Data Security Standards (PA DSS) v2.0. Certification,
IDS NEXT’s Hotel ERP becomes the first Indian Hotel ERP Solution to receive the
certification.
Says Binu Mathews, President and COO, IDS NEXT, “We are absolutely
thrilled to receive the PA DSS Certification as this means our 3000 customers
can now offer greater security to their guest. The PA DSS certification is not
currently required by regulation; however as an industry leader IDS NEXT felt
the need to raise the benchmark on security.” “Hotels investing on technology
like to ensure their technology is futurist and IDS NEXT likes to stay ahead of
the curve. We expect regulations like PA DSS to catch up soon in our markets. As
required by PA DSS certification, FortuneNEXT6i offers users AES 128 and SHA
512 bit encryption, which allows a hotel to move closer to being fully PCI DSS Compliant”
he added
PA DSS was formerly known as Payment Application Best Practices
(PABP) and is a global security standard created by the Payment Industry
Security Standards Council for software vendors who develop payment
applications. The standard is designed to enable software vendors to develop
secure payment applications and prevent third parties from storing sensitive
data such as credit card numbers beyond a stipulated time. The PA DSS is an
effective method to protect cardholder’s data.
The new version of IDS NEXT’s Hotel ERP, FortuneNEXT6i was launched in
September 2012 as a robust hospitality solution with a strong architecture. It has
since been installed in India and Middle East. Some of the high points of the Hotel
ERP are its in-built report writer, which allows hotels to create a host of
complex, yet visually appealing reports through a simple drag and drop method. The
ERP also has an interface to RezNext, the online real-time distribution
platform. FortuneNEXT6i is packed with options that allow hotels to leverage
the latest technology to enhance efficiency at their property, enhance guest
satisfaction and thus grow revenue. The ERP also has an interface to a Feedback
and Loyalty Management solution – Guest Dynamix, and a mobile restaurant e-menu
application Envy Dine.
###
About IDS NEXT Business Solutions
IDS NEXT Business Solutions Pvt. Ltd. “IDS NEXT”, is a global leader
in providing ERP and total technology solutions for the Hospitality and Leisure
industries. With a track record that spans over 25 years, we have earned the
trust of over 3000 customers globally with a strong presence in 40 countries
across South Asia, Middle East, Asia Pacific and Africa. IDS
NEXT’s clients include a host of prominent hotel chains including Sarovar
Hotels & Resorts, ITC Fortune Group, Royal Orchid Hotels, Pride Hotels,
Ramada Hotels and others.
IDS NEXT’s portfolio of capabilities include Strategic
Consulting, Business Outcome Services, Internet and Mobility Solutions, Total
Technology Solutions and a range of next generation software products
that addresses the hospitality industry, such as independent hotels,
chain hotels, business hotels, resorts, clubs, service apartments, limited
service, spas, cruise liners and restaurants.
For further information please visit http://idsnext.com/
Media
Contact
Lillian
D’Costa
Phone:
+91.080.23538042
Email:
easy@idsfortune.com
Thursday, 15 November 2012
IDS NEXT Announces Launch of Hotel ERP, FortuneNEXT 6i at ‘The Hotel Show Saudi Arabia 2012’
Dubai, November
16, 2012 - IDS NEXT, global leader in providing ERP and total
technology solutions for the hospitality and leisure industries, announce the
launch of our newest Hotel ERP,FortuneNEXT6i
at The Hotel Show Saudi Arabia 2012.
The largest hospitality show in the country, The Hotel Show Saudi
Arabia is to be held at the Jeddah Centre for Forums & Events. It is planned
as a unique exhibition which brings together leading regional and international
manufacturers and suppliers from the Hospitality, Catering, and Food &
Beverage Industries. The event will cover 8,500 sqm of space and have over 5000
invited buyers, daily gourmet food competitions, seminars and conferences.
Slated as a 3 day event from 17th -19th November 2012, IDS NEXT will be participating actively and
launching new products to this market. Speaking on their presence, Mr. Brijesh
Surendran, Vice President, Middle East said, “The Middle East Hospitality
industry is on a strong upward trend and IDS NEXT hopes to consolidate its presence
there through events such as The Hotel Show Saudi Arabia”.
To be showcased at the Saudi Hotel Show is IDS NEXT’s Hotel ERP - FortuneNEXT
6i. The application has been re-architected to be robust, feature rich and
comes with its own report engine. The ERP is also PCI DSS Compliant, has a
two-way GDS connect, and offers a distribution solution through RezNext.
Also interfaced with FortuneNEXT6i is IDS NEXT’s
recently launched mobility solution - Envy Dine. This e-menu application for
restaurants is visually rich, has in-built intelligence and is intuitive to
use. Envy Dine’s unique selling point is its ability to enable hotels to
upsell, cross sell and enhance revenue while optimizing use of manpower.
FortuneNEXT 6i also offers a SAAS based connect to Guest Dynamix, their
newest Loyalty and Feedback Management solution for hotels.
“Our products have been thoughtfully designed to empower hotelier,
leverage business intelligence, ease the pressure on hospitality staff and grow
revenue of our customers. We believe our products will attract a highly
interested audience at The Hotel Show Saudi Arabia”, added Mr Surendran.
IDS NEXT has 25 years of experience in developing products for the
hospitality industry, and a 15 year presence in the Middle East. Some of our well-known
clients include Ramee Group, Savoy Hotel Apartments, ETA Star, Oman Hotels,
Delmon International Hotel, Marcopolo
Hotel, Safeer Group, Holiday Villa, Tulip Inn, Best Western, Euro Village
Compound, Kiran Suites, Royal Casablanca and others to name a few.
Besides a full-fledged office in Dubai, IDS NEXT also promotes its products
through a partner in Saudi Arabia - Clutchi Consultancy Service. CiCS specializes in IT &
Consultancy Services and provides comprehensive and sustainable solutions to
customers by blending modern technological intricacies with its custom-made
technical solutions.
###
About
IDS NEXT
IDS
Softwares Pvt. Ltd. “IDS NEXT”, is a global leader in providing ERP and total
technology solutions for the Hospitality and Leisure industries. With a track
record that spans over 25 years, we have earned the trust of over 3000
customers globally with a strong presence in 40 countries across South Asia,
Middle East, Asia Pacific and Africa. IDS NEXT’s
clients include a host of prominent hotel chains such as Ramee Group, Savoy Hotel
Apartments, ETA Star, and others.
IDS NEXT’s portfolio of capabilities include Strategic
Consulting, Business Outcome Services, Internet and Mobility Solutions, Total
Technology Solutions and a range of next generation software products
that addresses the hospitality industry, such as independent hotels,
chain hotels, business hotels, resorts, clubs, service apartments, limited
service, spas, cruise liners and restaurants.
For further information please visit http://idsnext.com/
Media
Contact
Lillian
D’Costa
Manager,
Marketing
Email: easy@idsfortune.com
Labels:
e-menu application,
Envy Dine,
FortuneNEXT6i,
GDS,
HHF 2012,
Hospitality Industry,
Hotel ERP,
Hotel Industry,
Hotel Software,
IDS NEXT,
IDS NEXT Software,
Mobility Solution,
OTA,
restaurants.,
Sri Lanka
Subscribe to:
Posts (Atom)




