rms

💵 RMS, on May 5, 2025, in London, announced integration with GoCardless to help hospitality operators handle rising payment costs and margin pressures. Card processing fees typically range from 1.5% to 3%, often higher for online or manual transactions. The integration enables direct bank payments, including direct debit and real-time payments, aiming to reduce costs and improve payment reliability for deposits, installments, and longer stays. RMS CEO, Adam Seskis, emphasizes strategic payment methods for cost control.

🚢 Windstar Cruises partners with IDeaS to enhance its revenue strategy using the Cruise Revenue Management System. With this, the Miami-based company aims for better demand forecasting and pricing adjustments across its fleet of seven ships, with an eighth set to launch in December 2026. The cruise industry is growing, with 38.9 million passengers and $46.5 billion in revenue projected for 2026. IDeaS' system, installed in over 31,000 locations, uses AI to integrate onboard spending for optimized pricing.

💸 Narai Hospitality Group relies on Fairmas for efficient financial planning, reporting, and analysis. This system consolidates data from over 200 integration partners, reducing manual spreadsheet work and potential errors. Syed Abbas, Finance Tech Manager, highlights its role in monthly reviews, budgeting, and forecasting. With properties across various regions, Fairmas offers reliable, centralized financial data, enabling quick analysis and informed decision-making, essential for staying competitive in the dynamic hospitality industry.