2 Best Hotel Channel Management Software in 2021

In the hospitality industry, Hotels can boost their business and acquire more customers with the help of booking channels. These booking channels generate business leads and provide business opportunities to hotels. To manage booking channels, hotels can use channel management software that enables them to manage all aspects such as channel details, performance and history, commission and properties to be channelized. Best channel management solutions automate the following for smooth and flawless operations:

• Inventory Control and Management: Inventory management of all properties of a hotel business can be well managed with specific inventory modules. These modules allow tracking of the availability of the rooms to be opened for booking. Current status of the inventory (here properties) can be tracked accurately.
• Channel Master: Details of all channels can be maintained in automated channel registers. Channel history, performance and payment terms can be defined for later uses in the system.
• Stop Selling: Stop selling feature allows businesses to halt the operations with a specific channel while capturing all vital details and reasons for the same.
• Accounting: All accounting operations including payments, debits, credits, cash book, bank book, ledger, balance sheet, commission etc. can be readily managed with automated accounting features.