TravTalk India Online Magazine
A new-age indigenous entrant making waves is hospitality management technology domain Streetgooser, founded in 2019 by three visionaries – Shakthivelu M, John Varghese and Deenath Sharma. The trio has designed a unique hotel management software with an interesting ideology – ‘We want to change the neighbourhood into a destination’.
Hospitality was one of the first industries to experience the headwinds of COVID-19. Government decisions to shut down hotels, restaurants, theme parks, cinemas, not to mention the entire disruptive effect of the travel ecosystem, all had a sizeable impact on global tourism. The Indian hospitality and tourism industry in India accounts for approximately 10 per cent of India’s GDP, which is approximately $275 billion, and if the virus does not taper off in the coming months, further downfall in the GDP can also be accounted for.
It is palpable that Property Managers around the world face the dreary prospect of a protracted recovery. While the sector has in the interim period shown phenomenal maturity by working closely with the government and helping out society by making their venues available for hospital beds and hospital employees, once the pandemic abates and revenue targets become the crux of existence, the survival of properties will vary based on a number of factors, including chain scale, location and demand profile.
However, with revenues still in a spiralling decline, it is equally vital for hoteliers to assess smart ways by which they can manage their inventory and cash flow as proficiently as possible, while simultaneously riding new trends to evolve rapidly in the post-pandemic world on the back of cutting-edge technology.
The Cloud has been one of the most emergent hospitality technology trends in the past few years. Both large and small hoteliers who have started shifting to cloud-based solutions are already witnessing a big rise in productivity. All they require is a computer, tablet and a steady internet connection. The centralised dashboard offers a state-of-the-art built-in front-desk management system, channel manager, POS functions, housekeeping supervision, rate shopper, reputation management, website builder, payment gateway, booking engine, reports, analytics and more. Overheads are also decreased. All these numerous advantages unquestionably make for a prodigious leap forward for hoteliers in the decade ahead.
A new-age indigenous entrant in the domain is Streetgooser. Starting out from humble village backgrounds and working their way up into leadership positions in various domains around the world gave Streetgooser’s founding trio a unique bird’s eye perspective of the potential of Tier-III towns and small villages in offbeat locales bursting with potential and opportunity in the accommodation sector but not having the capability to reach out to consumers looking for that rare exotic destination for their M!CE engagement or holiday requirements. This led to the trio designing a unique hotel management software with an interesting ideology – ‘We want to change the neighbourhood into a destination’. This tech-driven Property Management System offers products and solutions that are cost effective and efficient, with an aim to ease all operations. by providing them with a platform and intuitive Apps that are smart, easy to use and reliable, therein ensuring an increased market reach and seamless streamlining of daily functions.
