4 ms·
I happened to be digging around hotel trade publications yesterday (before deciding that the PMS space is a crowded mess with too many incumbents and a nightmar
by smallerfish 3y ago
I happened to be digging around hotel trade publications yesterday (before deciding that the PMS space is a crowded mess with too many incumbents and a nightmare of necessary integrations), and found this, which may back up the article somewhat:
> The steepest RevPAR declines were seen [for the last week in May] in San Francisco (-15.6% to US$108.49) and Orlando (-12.8% to US$109.48).
https://www.hotel-online.com/press_releases/release/str-u-s-hotel-results-for-week-ending-3-june/ https://www.hotel-online.com/press_releases/release/str-u-s-...
- algo_trader 3y agoDid you come across any data on (up to date) construction costs ?
- derda 3y agoWhat kind of PMS integrations did you look for? The space is horrible (especially so after Oracle bought Micros-Fidelio) but there are a ton of companies offering interfacing middlewares that connect to a ton of different PMS systems and offer a unified API.
- mar225 3y agoAny suggestions on which middleware companies to look at if one was interested in learning more about what services they offer.
- Kon-Peki 3y agoAt the right purchase price, $108 is excellent. Don’t forget that the guy who bought a bunch of distressed real estate in Detroit is now a multi-billionaire, owns a few sports teams, and wrote a public FU letter to Lebron in comic sans…