The LOKI-PMS™ reduces the substantial initial capital investment for hardware, software, training and installation. Traditionally, PMS application software costs hotels an average of $250-$350 per room, plus the purchase or lease of the hardware to support the PMS at the property. With the LOKI-PMS™, the costs for a hotel may be a T-1 line or other comparable high-speed Internet access, an initial startup flat fee ($600), an monthly fee based on how many rooms the property has and any local property peripheral hardware requirements, such as printers.

It is not necessary for the property to have or invest in highly advanced computer hardware. The hardware need only be capable of connecting to the Internet at a speed the hotel deems reasonable. A major advantage is the elimination of the fileserver and its associated operating system costs, and the ability to utilize less costly client peripheral hardware configurations.

Another big advantage: no installation. Today, most current PMS products require up to several weeks of on-site training. However, LOKI-PMS™ requires no on-site installation. Training is conducted through web tutorials with online videos showing transactions step by step, located on the LOKI-PMS™ website, accessible at all times. Other vendors send trainers to the property, but only for a limited period of time that is typically no more than four days.

After the initial purchase, properties subscribe to the hosting service from LOKI-PMS™. The pricing structure is a per-room fee. This fee is typically targeted at a level of $3.00~4.00 per room per month. Licensing fees and other software costs are eliminated since LOKI-PMS still maintains ownership of the software. The property is responsible for the on-site peripheral hardware equipment and Internet connection.

Another advantage of the LOKI-PMS™ is that it reduces the need to have an IT department or have extensive knowledge of technology, networks and databases on property. The LOKI-PMS™ solution is targeted at both large full service hotels as well as small or limited-service hotels. This comes as welcome news in the latter segment that historically has not had the capital resources to fund IT departments or a high-end PMS.

The LOKI-PMS™ also offers a new opportunity to hotel chains or management companies. By adopting an ASP PMS strategy, the hotel chain, or management company, at the corporate level can access all information about their properties via the centralized hosting of the database and server thereby being able to monitor all properties and spreading the costs across multiple properties. This, in turn, can provide additional savings by reducing or eliminating the need for IT knowledge and capabilities at the property level. The consolidation of the properties’ data into a centralized database also provides corporate management the opportunity to deploy Customer Relationship Management (CRM) tools and extract customized reporting from the database to view enterprise-wide progress.

In the past, limited-service hotels or second-tier full-service hotels were limited to the quality of PMS by how much they could afford to invest in one. With LOKI-PMS™, the model is changing, giving smaller hotels access to high-end PMS products.

Contact us for further information.