Monday, 19 June 2017

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

Thursday, 20 October 2016

Finding it Difficult to Access Hotel Data While Not at Work?

Being a Managing Director or General Manager in hotel business is always a tough task. It becomes more challenging when you have to handle day to day business at multiple properties spread across locations. Being a part of 24/7 guest facing business model and due to the importance of your position, you can’t simply shrug off your responsibilities even if you are on leave.

In order to keep track of your property’s daily business statistics, you must have access to the hotel property management system. But, what if either you are not at the property or you are travelling? Under such circumstance, you will have to call up respective department heads to collect data that you are looking for. It might take some time and you might not get real-time data. The whole confusion will lead to loss of time and will deter you from taking informed decision pertaining to your hotel operations.Read More

By: Nandika Udupihilla
Published in: IDS Next 
 

Sunday, 21 August 2016

Tech Talk: Why IDS Next Solutions remain Top Choice for Hoteliers

In this interview with Footprint to Africa, one of the top executives of the pioneers of Hotel Enterprise Resource Planning (ERP) architecture, IDS Next reveals how the company sustains its global appeal and an enviable track-record of 98 per cent customer retention. Read More

Published in: Footprint to Africa

Monday, 15 August 2016

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


Thursday, 11 August 2016

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 
 

Wednesday, 3 August 2016

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