Oracle Hospitality Hotel and Resort Solutions Update for Fall 2021

Oracle Hospitality Hotel and Resort Solutions
Fall
2021
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Agility is the ability to move fast and adapt in the face of challenges. You can make a strong argument that it’ll be the singlemost important attribute for hoteliers as they move forward in a changed marketplace.

Oracle Hospitality is working harder than ever to provide users with technology – anchored by its cloud-based suite of solutions (OPERA Cloud) including property management and sales and events management, point of sale (Simphony), and Oracle Nor1 upsell solutions – that’ll provide the agility needed to navigate what’s sure to be more unpredictability. The following highlights the company's most-recent offerings and initiatives designed to help win back business:

Oracle Hospitality Integration Platform (OHIP)

Simplifying integrations to bring innovations faster to market. It’s a necessity for hoteliers striving to accelerate their recovery, and it’s OHIP’s sole purpose. The platform allows partners and vendors to connect to OPERA Cloud, giving them unimpeded access to the data and functionality within it for faster product development. Since OHIP’s launch in October 2020, it's executed: 7 production releases with zero downtime; provided unrestricted access to the largest number of API capabilities in the industry (more than 3,000); processed 30 million API calls; and onboarded more than 200 partners.

Oracle Hospitality Distribution

Oracle Hospitality Distribution allows brands and independent hotels to connect their room rates and availability directly with leading OTAs, as well as all direct and indirect distribution points. This advance eliminates the need for third-party intermediaries and additional interfaces, creating a real, direct connection with OTAs. The first phase of the solution launched connectivity to Booking.com and Expedia Group. It'll soon be providing additional direct connects to an array of distribution partners, including booking engines, GDS, channel managers, and wholesalers. By creating such opportunities, hotels and brands will be able to improve the way they activate and manage their channels – showcasing all their product availability to a global audience.

Post-pandemic Market Analysis by Oracle Hospitality and Skift Research

Oracle Hospitality commissioned Skift to conduct a global research study, Back to Hospitality: Getting Smarter and More Profitable in a Post-Covid World, to better understand the main factors transforming hospitality. Among the key findings: 80% of hotel executives agreed that to better compete with short-term rentals, they’ll need to develop products and services that allow guests to “live like a local;” 67% of hoteliers agreed that non-room revenue will represent an increasing share of their annual revenue in the next five years. For more lessons learned, download the full report at https://www.oracle.com/industries/hospitality/post-covid-hospitality-world/

Oracle Hospitality Virtual Connect

Cloud technology is essential because it addresses so many of the key factors needed to re-engage guests in a post-pandemic environment. Top technology leaders from Wyndham, Sonesta and Melia, among others, urged cloud adoption to: obtain actionable data and a comprehensive view of consumer behavior; rapidly offer new products and services; make mobility a centerpiece of guest interaction; and allow hotel staff to do more with less. View the full menu of recorded sessions of Oracle Hospitality Virtual Connect.

Learn more about Oracle Hospitality’s solutions by visiting www.oracle.com/hospitality.

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