Cloudbeds Declares Traditional PMS Obsolete, Advocates Unified Platform for 20,000 Properties in 157 Countries
📅 At ILC in Boston 2021, the hospitality industry faced a turning point. Cloudbeds declared the PMS outdated and envisioned a future where AI enhances guest experiences. The $47 billion in OTA commissions in 2023 and a 41% staff churn highlight industry challenges. Hospitality's shift focuses on personalized guest data and technology, moving from fragmented systems towards a unified, AI-driven model. Cloudbeds’ global platform supports 20,000 properties in 157 countries, facilitating 10 billion transactions annually.
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