Millennials are fond of traveling. 78% of them prefer spending their money on traveling experience instead of adding it to their savings account. 40% of US consumers saved enough capital…
While offering unparalleled convenience, the digital age has inadvertently bolstered credit card fraud. The issue has further been exacerbated by the COVID-19 pandemic, which accelerated the shift to remote transactions….
We are thrilled to announce that mycloud Hospitality has been honored with the prestigious Customer Choice Award for 2024 by SoftwareSuggest, which is a B2B platform for software recommendation and…
We have to admit that the hotel industry was flourishing and perhaps even at its top when COVID-19 hit and the world came to a sudden standstill. However, the stagnance…
Efficiency and profitability are key indicators for the success of a company in today’s competitive hospitality industry. Hotel owners are looking to integrate financial systems to boost productivity, make better…
COVID-19 placed a huge blow on property management, with hotels left coping with plummeting occupancy rates, cancellation chaos, and alarming guest safety concerns. Now in 2024, we have fully recovered…
The labor shortage is a growing concern among US-based industries, but the hospitality industry is affected by this problem disproportionately. The pandemic was a major headache for hoteliers nationwide since…
The history of the tech tools used in the hospitality industry goes back 70+ years. The first software for hotels was developed by Westin in the ’40s, and it was…
Did you know that more than 65 billion messages are sent daily through WhatsApp? This makes the app the most popular and widely used OTT messaging platform. Also, with the…
As the global hospitality businesses are evolving, technology has become a crucial driver of success for hotel operators everywhere. Hospitality industry faced massive disruptions in the early 2020’s due to…