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

Smart Hotel PMS for Growing Number of Hotels in Sri Lanka

Sri Lanka continues to do well in terms of attracting tourists from around the globe. The tiny island nation has an exclusive tourism proposition with its pristine beaches, scenic hills, wide range of wildlife and varied cultural and historical attractions. This has also led to surge in hotel business in the country. In this scenario, the competition amongst hotels is set to grow and only a smart and all-in-one Hotel PMS can help them automate operations to serve guests efficiently.

Sri Lankan Hotel Market Overview

Many international and domestic hotel brands are betting big on Sri Lanka to set up their luxury and upscale properties in next couple of years. The capital city Colombo seems to be the most poised location for hotel construction activities. According to a recently published JLL report, the city will add approximately 3500 hotel rooms by 2020. A majority of these rooms will come from upscale and luxury segment. Read More

By: Nandika Udupihilla

Published: IDS Next Sri Lanka

Hotel Property Management System: Key to Success for Hoteliers in UAE

All-in-one and highly integrated Hotel Property Management System (Hotel PMS) is the most essential technology platform to ensure higher degree of operational automation at hotels. Today, with intense competition from within the market, no hotel can survive without adopting a smart and user-friendly Hotel PMS.

United Arab Emirates (UAE) enjoys a very special status in the Middle East region as a leading tourism destination. Apart from doing well in terms of business travel, UAE is expected to make up around 90% of Middle East’s tourism by 2020. Thus, the country also attracts heavy investment on its burgeoning hotel sector. Read More

By: Brijesh Surendran

Published in: IDS Next Sri Lanka 

 

IDS Next to Technologically Empower Malaysia Based My Hotels Group

IDS Next Business Solutions Pvt. Ltd, a globally leading Hotel Technology Solutions provider today announced that they have been selected as the preferred technology vendor by My Hotels Group, a leading hospitality business entity based in Malaysia. A total of 717 rooms in 8 properties of the group operating across Kuala Lumpur will be powered by IDS Next’s integrated FortuneNEXT 6i Hotel ERP.

Established in 2009, My Hotels Group has emerged as one of the reputed hospitality company in Malaysia. Suitable for both corporate and leisure travelers, the group offers a range of economy hotels strategically located in and around Kuala Lumpur. All the properties of the group are spread across locations including KL Sentral, Brickfields, Bukit Bintang, Seri Putra and Jalan Syed Putra. Read More

Published in: IDS Next 

How to Prevent Data Breaches At Your Hotel

Hotel industry world-wide has earned the reputation of being one of the most vulnerable victims of guest credit card data theft. Cyber criminals attack hotel database and other systems seeking guests’ personal and financial information like credit card details and all. In such a scenario, hoteliers should adopt PA DSS Compliant Hotel ERP to safeguard their networks and guests’ details from hackers.

Data thefts at hotels:

Investigations have revealed that guests’ credit card data stored in point of sale and property management systems are quite easy targets in events of breaches. According to Trustwave Global Security report, in 2015, point of sale was breached in 45% and in 64% of cases credit card data were compromised in the hospitality sector. More than 12 incidences of data thefts were reported from 2010 to 2015. Read More

Published in: IDS Next

By: Manoj Mohanty

 

Changing trends in Hospitality Technology in India

The importance of technology in hospitality business is rapidly evolving. Hoteliers are no more looking at technology adoption as a choice. Rather, the whole thing has become necessity for them. Because, technology has an immense impact on guest expectation and in which hotels do their daily business.

Hotel Industry in India 

In India, foreign tourism arrival is expected to touch 15 million by 2020. And to accommodate them, the country needs to add around 1, 80, 000 hotel rooms across category to its existing inventory. This means, hotel industry in India is set to grow big. However, this growth in hotel number is not enough as hoteliers should consider implementing cutting edge Hospitality Technology to streamline various daily operations while serving guests efficiently. Read More

By: Ronnie Sarkar

Published in: Smart Tech Today

An Efficient Hotel PMS Software Goes Beyond Managing Just the Property

Today, hoteliers don’t want to adopt a Property Management System only just to manage their properties by automating daily operations. They surely expect the Hotel PMS or the Hotel Management System to do more for them. They want the application to be robust and smart enough to help them increase revenue and improve guest experience so that they can stay profitable and have competitive edge.

Sometimes, it could be little challenging to select the right Hotel PMS especially when the market is flooded with products that have more or less similar features. So how does one look for a power-packed and feature-rich Hotel PMS? Read More

Published In: TECHSTORY

By: Binu Mathews

Importance of Smart Hospitality Technology for Hotels in India

Technology no doubt has impacted the hospitality industry in a positive way. Right hotel management system can help hotel business grow manifold. Adoption of right fit technology solution allows hoteliers to ensure enhanced operational capabilities. Users can also leverage hotel software to save on operational costs and towards providing better services to their guests. 

Indian hotel sector is doing well and current trends represent a positive outlook in coming years. Currently, over 29,000 premium hotel rooms are under construction and they will be added to the country’s inventory over next six years. Many believe that today’s advanced hotel management system is one of the key factors driving the industry growth.Read More

By: Ronnie Sarkar

Published in: IDS Next

Empowering Golkonda Hotel's Operations for over Two Decades

Hyderabad based Golkonda Hospitality Services and Resorts Ltd runs two prominent properties namely, Golkonda Hotel and Golkonda Resorts & Spa. Golkonda Hotel Hyderabad is a leading business and leisure property with 141 well-appointed rooms and several other amenities. The hotel houses four suave F&B outlets such as Melange, Jewel of Nizam, Zanzi Bar and Upper Deck.

Golkonda Resorts & Spa is another feather in the group’s cap. This resort has 44 sophisticatedly decorated cottages and offers everything to its patrons looking for a leisurely stay. It also has urbane F&B outlets including Vetro, IVY, the pool side bar and Ebony, the lounge bar. Read More

Published in: IDS Next

Software that can Simplify Hotel Operations

Hotel industry across Africa is on a growth trajectory. At the same time hotels are also facing intense competition to survive in the long run. In order to stay profitable while beating the competition, hoteliers need to adopt best of the class hotel software. Hear it from Mr. Rajesh P Yadav, Senior Vice President – Sales & Operations, at IDS Next in Africa on what type of hotel software can help hoteliers in this. 

Q1. When hoteliers look for software they are flooded with options. Can you give us some tips to choose the right hotel software?

The key features a hotelier needs to look for when choosing a hotel software is user-friendliness, technological robustness and safety – in that it should not be easily hacked and let guest data get stolen. Hoteliers should be able to quickly generate the reports they need. Post-sales support is another key criterion to consider, besides cost of maintaining the software.Read More

Published in: IDS Next Africa

Are Luxury Hotels in India Harnessing Right Hospitality Technology?

The luxury hotel segment in India is growing at a steady pace. The country is attracting an increasing number of foreign tourists as the government has introduced e-visa for 113 countries. The country has a large millennial population too, who are enjoying new found adventure in travel and sightseeing.

Here is peek into some numbers

India had received over 7 million foreign tourists by August 2015. According to the World Tourism Organization, the country will welcome over 15.3 million foreign tourists by 2025. Now let us take a look at the accommodation sector, or the hotel industry. Do they have enough high-end rooms to offer the growing number of foreign nationals? The answer is ‘Yes’ and here’s why – Around 29,000 luxury hotel rooms are under development and they will be added to the existing nation-wide inventory over the next 6 years. Metro and tier 1 cities like Bangalore, Mumbai, Kolkata, Pune and Gurgaon will grow to 6,500 hotel rooms by 2016. Read More

Published in: IDS Next

By: Myra Allen

 

IDS Next Makes Impressive Growth Strides in 2015

For any company in the hospitality industry, each year brings new challenges and opportunities. The hospitality industry is currently bristling with innovation, and offers wonderfully interesting learning and insights to growing companies. These insights enable hotels to continuously set benchmarks of enhanced guest service. At IDS Next, we also go through the same process of improvement and enhancement.

In August, we celebrate our foundation anniversary and this year has been one of many achievements in terms of rolling out new products and initiatives. Here are some of the key highlights -

Acquired over 4000 customers

In FY 2014-15, we crossed the 4000 client’s milestone. We acquired new customers in all the geographies we are present in, namely South East Asia, Oceania, Indian sub-continent, Middle East and Africa. Armed with our world-class Hotel ERP and a seamlessly integrated Hotel 360 solution set, we look forward to aggressive expansion in the coming year. Read More

Published in: IDS Next

By: Lilian D'Costa

Does Your Hotel PMS Vendor Provide Quality Training & Support?

Buying a Hotel PMS is not an easy task, especially when the market is inundated with options. As an hotelier, you need to buy hotel software that best suits your need. Apart from reviewing the robustness of the hotel software and its in-built modules, you also need to ensure that you get ample training and quality technical support from your software provider.

Questions to ask your Hotel property management system vendor

While buying a Hotel property management system (PMS), you not only purchase software, but put your money on something that would help grow your hospitality business. Thus, it is necessary to ask these questions to your Hotel Software provider – 

• Will you provide training to our hotel staff as per requirement?
• How fast is your customer support / technical assistance?

According to a recent survey, over one-third of Hotel software buyers say that they would select a vendor if they get quality product training and post-installation technical support. Read More

Published in: IDS Next Middle East Microsite

By: Dinker Elayadath

Things to Consider Before Investing in a Hotel Property Management System

Hotel Property Management System (Hotel PMS) is a technology platform that has gained immense importance as hotel operation has become quite complex these days. Hotel management software automates operational processes from check-in to finance and inventory management, while assisting hotel staff to centrally track and analyze vital information real-time. Hotel PMS adoption has become a strategic necessity in order to offer quality guest service, too.

What Drives Hotels to adopt Hotel Property Management System?

Hotel PMS has become the central nerve system of hotel operations. However, many hoteliers use different parameters to gauge the usefulness of hotel software before buying. According to recent industry findings – Read More

Published in: IDS Next ASEAN Microsite

By: Sandeep Menon