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Property Management System

A property management system (PMS) is software that allows hospitality businesses and commercial properties to centrally organize, schedule, and perform daily operations such as bookings, check-ins, point of sale integration, event planning, and inventory management. PMS increases efficiency by making centralized records accessible from multiple devices and automating common tasks. PMS has been customized for the hospitality industry to optimize operations.

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Cabdi Fitaax Kulmiye
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533 views2 pages

Property Management System

A property management system (PMS) is software that allows hospitality businesses and commercial properties to centrally organize, schedule, and perform daily operations such as bookings, check-ins, point of sale integration, event planning, and inventory management. PMS increases efficiency by making centralized records accessible from multiple devices and automating common tasks. PMS has been customized for the hospitality industry to optimize operations.

Uploaded by

Cabdi Fitaax Kulmiye
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

property management system

(PMS)

Posted by: Margaret Rouse


WhatIs.com
  

Contributor(s): Matthew Haughn






A property management system (PMS) is a software application for the


operations of hospitality accommodations and commercial residential rental
properties. PMS is also used in manufacturing industries, local government
and manufacturing. A property management system is sometimes referred to
as a hotel operating system or hotel OS.

PMS provides a centralized computer system to organize, schedule and


perform the day-to-day functions and transactions involved in
accommodations businesses. Computer record keeping and PMS have
increased the efficiency of hospitality industries significantly simply by making
it possible to update and consult centralized records from multiple computers
and devices. PMS solutions have been customized for the needs of the
hospitality industry to further increase ease of operations.

Functions managed by a PMS include automation of many common tasks,


including:

 Bookings

 Check-in and check-out

 Telephone systems integration

 Point of sale (POS) integration              

 Event planning

 Food and beverage costing

 Hotel inventory supply management

 Reporting of key performance indicators (KPI)

 Security and room locks

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