Hotel management software is used by hospitality industry for automating the tasks for easing the workload of hotel management teams and for improving the brand value. The tasks that are handled by this software include reservations management, managing front desk, enhancing the guest experience, and managing employees. It is an all-in-1 comprehensive solution designed mainly for hospitality use for improving their efficiency. It streamlines all the operational tasks and manages hotel business by increasing the revenue.
360Quadrants shortlisted and categorized few vendors offering Best Hotel Management Software which enables companies to select right software and take quick decisions. Quadrants are released after doing in-depth analysis of vendors along with their products offerings and strategies used for expansion. 360Quadrants updates vendors listed in quadrant quarterly depending upon strategic analysis of vendors in Hotel Management space.
360Quadrants conducts thorough SWOT analysis and precisely analyzes the vendors shortlisted for assessment. This analysis lets solution providers to understand more about trends in market and enables them to adapt strategies for growth and expansion. It provides a complete picture of top vendors and enables customers to narrow down their search and select the right vendor based on their requirements.
HOTEL MANAGEMENT SOFTWARE VENDOR EVALUATION
360Quadrants evaluated companies offering Hotel Management Software of which the top vendors were categorized and placed on a quadrant as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging companies.
Curate Proposals, CaterTrax, Total Party Planner, Caterease, and Oracle Hospitality have been identified as visionary leaders.
Bellboy, Cloudbeds, HOL PMS, and Millenia have been identified as innovators.
Maestro PMS, Wish, and Rhapsody have been identified as emerging companies.
Hotello PMS, Quore, RepUp Marketing Cloud have been recognized as dynamic differentiators.
360QUADRANT COMPANY EVALUATION METHODOLOGY
Top Hotel Management Software vendors are rated by skilled researchers and analysts after doing high amount of research. This analysis is done based on product maturity and company maturity criterion. Product maturity is completely based on the product base offered by the vendor whereas, company maturity is based on the company growth , strategies, global presence and many such factors that are based on company’s growth and expansion. More than 30 parameters are selected while analyzing Hotel Management Software that will be updated twice in a year. Based on weight assigned on every parameter ratings are done for shortlisted vendors. Based on these ratings, vendors are placed in respective quadrants.
ABOUT 360QUADRANTS
360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.
360Quadrants will also be launching quadrants in fields like Restaurant POS System, Restaurant Management Software, and Property Management Software.
Hotel management software is one of the leading software in the hospitality industry, which enables hotel management to make their administrative tasks more efficient. It also plays a crucial role in satisfying guests and enables the hotel to improve its brand value. The hotel management software manages all tasks related to guests, right from their reservations, until the completion of their customer journey in the hotel. The major reasons for implementing the best hotel management software are managing bookings, driving direct bookings, and easing the implementation of distribution strategies.
