2009 is nearly over and continuing into 2010 is still fraught with daunting
challenges. 2009, is a year that will be embedded in our memory. The global
credit crunch brought with it reduced consumer confidence, which affected
travel, leisure and customer spend. Tough economic times are not unknown to
the hospitality industry, and it is in such conditions that creative
programs, selective cost cutting and astute investments are made to survive
through the storm (and still make money), and prepare for the future
brighter days. Room rates and occupancy have been affected even in
recession proof markets like Maldives. However, in SEA investments in new
hotels remain buoyant although there have been delays in openings and ‘go
slow’ in construction. SEA is thriving in most respects and has weathered
the storm relatively unscathed. Dubai, UAE with its sudden announcement
stoked fears of possible “Crisis Two” emerging on us but it now appears to
have subsided. Hotel build in the UAE still continues and those that have
set ground are planning to finish. Dubai is on the world map for a place to
see and to be and those who doubt it today are among the very soothsayers
who have doubted it all throughout this century. Dubai has proven them
wrong. It is one of the top MICE capitals and even now hotels are at near
full occupancy and the near term looks healthy although room rates have
fallen, a healthy sign from the dizzy heights of near $285/night average.
Abu-Dhabi plans are intact and will be an amazing place with distinctive
tourist attractions. The recent Grand-Prix was an event to behold. Masdar City, the first carbon-neutral and zero-waste
city is bold, visionary and achievable. Its
prudent long range plans sets in motion Abu-Dhabi’s bright and dynamic
So what is your top priority for next year? PMS by far. There is an ocean
out there, perhaps over 100 PMS systems commonly known worldwide and
navigating the turbulent waters of currently available systems is
staggering. Less than a dozen vendors are familiar names in the industry.
Hoteliers have never had it so easy for choice. They will mesmerize you with
fantastic product demos and throw in the carrot for quick deployment. Don’t
be fooled. To make sure that you choose wisely ask these questions.
What functionality will your organization actually use? For many
companies, certain functionality may be too specialized to be very useful
for their business. There are also specific requirements that are important
due to the changing face of the industry. The bottom line: Don’t pay for
functionality your organization doesn’t need now or buy a system that does
not have the specifics to meet the challenges of today and tomorrow.
Business Intelligence, Real time reports and Performance Management are key
requirements. Buy into the future. Applying past requirements as the basis
will cut short the ROI on your investment.
Does your organization have the IT resources necessary to support the
system? Many legacy systems require multi skilled resources and that
can be costly. Total Cost of Ownership can be prohibitive and finding
specialized skills expensive.
What kind of services will your organization require from the vendor?
This can be customization, outsourcing, designing business processes to
best fit the software to your organization as well as help for
infrastructure growth as you expand.
What is the true cost of the solution? Like any medium or
large-scale technology undertaking, purchasing the software and hardware is
just one part of the final cost. It is critical to know upfront what the
costs will be for implementation services, maintenance fees and upgrades.
Such professional services don’t come cheap, especially from the larger
vendors where services-cost-to-software cost can be exorbitant. A medium
size installation should cost on average 70 cents on professional services
for every dollar spent on software.
Does the vendor have a clear long-term product strategy? Software
investments are intended to last an organization 7-10 years, so
investigating the long-term prospects of a company may be a new notion
particularly when you consider mergers and acquisitions. Nevertheless, you
need to be sure that your company’s implementation will be able to grow
with the organization and adapt to changes in the business, as well as
continue to offer the best in class functionality as the technology
continues to evolve.
As we countdown to the rest of the month and anticipate in earnest ushering
in the New Year, let me close with a big Than You to our old and new
customers. You have made it a momentous year for momentohs®.
The next year looks bright and we anticipate solid growth in existing
markets as well as opening new ones in the region.
Our business in
Bangkok, Thailand takes the shape of an appointed Master Distributor, Hotel
Management System Co.,Ltd. (HMS) have bought over
our business and will focus 100% on the industry and distributing momentohs® and related hospitality technology products.
Our existing management and team members have moved over to HMS. Thailand
is a large market with country specific needs and HMS; a local company can
address them better and faster.
joining momentohs® world. My Hotel @ Sentral selected momentohs®
entrée as their preferred choice of Hospitality Management Software (HMS).
My Hotel @ Sentral is a niche boutique hotel
located in Sentral / Brickfields, Kuala Lumpur
with a total capacity of 88 rooms. Within two weeks after the proposal was
signed off, momentohs® team was on site and
within one week, they were live, the day the first guests arrived on Nov
18th 2009. momentohs®
entrée is a simple and yet feature rich for small hotels far exceeding
other small systems on the market. It is engineered from the award winning momentohs® enterprise and provides a seamless upgrade
path to momentohs® sprint should the hotel
upgrade or expand in the future.
There is a water bridge that flows over a river, located in
Germany. Six years, 500 million Euros, 918 meters long.......now this is
engineering! This is a channel-bridge over the River Elbe and joins the
former East and West Germany, as part of the unification project. It is
located in the city of Magdeburg, near Berlin. The photo was taken on the
day of inauguration.
The huge tub to transport ships over the Elbe took 24,000
metric tons of steel and 68,000 cubic meters of concrete to build. The
water bridge will enable river barges to avoid a lengthy and sometimes
unreliable passage along the Elbe. Shipping can often come to a halt on the
stretch if the river’s water mark falls to unacceptably low levels.
To those who appreciate engineering projects, here's a puzzle for armchair
engineers and physicists. Did that bridge have to be designed to withstand
the additional weight of the ship and the barge traffic, or just the weight
of the water? It only needs to be designed to withstand the weight of the
water! Why? A ship always displaces an amount of water that weighs the same
as the ship, regardless of how heavily a ship may be loaded.
In the context of the World
Wide Web, a bookmark is a locally stored Uniform Resource Identifier (URI).
All modern web browsers include bookmark features. Bookmarks are called
favorites or Internet shortcuts in Internet Explorer, and by virtue of that
browser's large market share, these terms have been synonymous with
bookmark since the first browser war. Bookmarks are normally accessed
through a menu in the user's web browser, and folders are commonly used for
momentohs® too has
applied this. Any feature that the user frequently uses and wants to
bookmark it can easily drag & drop it to the bottom bar. Bookmark is
based on the user ID, thus, different users may have their own favorite
bookmarks. Best part is that specific bookmarks can be set for automatic
execution during login. In other words, the homepage of a user can be set
to a specific feature or function. Of course, since momentohs®
is one a single platform and has the same feel across all its modules, this
wonderful bookmark featureis available not only
for momentohs® Front Office but also the other
modules as well.
Syed Irfanuddin Quadri
Business Solution Services
E mail : firstname.lastname@example.org
Direct : +971 4 308 3645
Mobile : +971 50 7187292