Must Have Features of A Hotel Management Software Hotel Management Software is one of the biggest assets for leading hotels. It streamlines the entire process in hotels and improves efficiency and productivity. With this simple and easy to use software, it becomes possible to automate all manual administrative tasks performed in the hotel. It is a comprehensive solution that helps all sizes of hotels in managing their tasks. The software can be deployed on the cloud as well as on-premise, based on the requirement of the hotel owner. Hotel Management Software, widely used in the hospitality industry, has proved to be one of the most beneficial software for hotels. Here are the top features of hotel management software that are helpful in improving hotel efficiency. Reservation module Best Hotel Management Software comes with the feature of a reservation module. It enables hotels to gather all the data related to guests, like their check-in and check-out dates, expectations, number of guests, and many more. The key parts of reservation modules are: Booking- Booking is a key feature of hotel management software as it is a bridge for getting more guests in hotels. With this booking engine, guests can view the availability of the rooms and their check-in dates. They can make payments digitally to confirm their bookings. These details are reviewed by the hotel staff. Reservation process- Post booking, the selected dates, and rooms of guests are blocked. However, the hotel staff can edit this data at any point in time. With these details, transportation and other means are arranged for the guests in a seamless manner. Channel management- Online travel agencies (OTAs) are very popular in the hospitality industry. They are integrated with the hotel management software existing in the hotels and display the updated information based on the bookings and availability. This gives privilege to the guests to book rooms either from the hotel website or from an OTA platform. Analytical characteristics Managing an account is an important task irrespective of hotel size. It requires keeping track of expenses and profits so that their entire budget is managed properly. The main elements of analytical characteristics are: Revenue management- With revenue management, it becomes possible for hotels to track their expenses and profits on a daily basis. This helps them to strategize their business initiatives.