How to choose the best Property Management Software

By 2030, the demand for a Property Management system(PMS) will rise 10 times!

In a study conducted by Fortune Business Insights the market for global property management software is expected to grow from USD 22.05 billion in 2023 to USD 42.89 billion by 2030, predicting a 10% CAGR. This demand is seen mostly due to the growth of new sectors in the hospitality industry and the emergence of new tourism brands. There has also been a rapid shift in companies using traditional methods of managing accommodations now moving to a client-owner system which streamlines the logistics of managing their property.

This rising demand for property management software or PMS is met with various companies offering their own solutions. Making it difficult for companies to find the best property management system for them.

Which is the best Property management system?

Sound property management software lets you easily automate business operations by automatically adjusting rates, analyzing competitors’ pricing, providing analytics and reporting features, and saving customer preferences. The system should also help you in handling guest communications.

Since there are so many options available when it comes to choosing the right PMS software, we have narrowed it down to 3 key features that you should focus on -

1. Ease of Use

One of the most important features of property management software should have is that the user interface should be easy to use and understand. One of the biggest hurdles when it comes to investing in Property management software comes with adapting to the system and training the staff to use it. However, an easy-to-use PMS reduces that effort on your staff and leads to faster implementation. A PMS should also be customizable to be fit for various industries thus increasing the versatility of the software. 

aPerfectStay is designed to allow serviced apartment providers and hoteliers to manage their day-to-day operations, reservations, housekeeping, maintenance, billing, and reporting in one consolidated easy to easy-to-understand interface.

2. Channel Manager

A PMS having a Channel manager will make it much easier to manage your online distribution channels from one single place. This allows you to show your potential guests that you have a good handle on online distribution.Which can further encourage you to decide whether or not to book your property. A robust channel manager automatically updates room rates and availability across all integrated OTAs in real-time, it should make the data flow seamless between the PMS and the OTAs. Additionally features like Instant booking confirmation and providing performance analytics would also be required.

Our aPerfectChannelManager seamlessly connects your channels through our secure channel manager. Our OTA  Connection includes Airbnb and Booking, in addition to many other globally recognized OTAs. Our software ensures that you can connect with Google Hotel Ads to allow you to generate more direct bookings through Google.

Explore more on how to maximise profits with a robust Property Management System.

3. Guest App

Our guest app, aPerfectConcierge, helps enhance guest loyalty and experience. With this app you can make your In-house services more visible, helping to build an additional stream of revenue. You can also capture guest emails from OTAs and third parties, giving you the opportunity to convert OTA guests to direct customers.