A PMS (Property Management System) is a software designed to streamline the management of accommodations, whether they are hotels, apartments, or vacation rental properties. The main function of a PMS is to centralize all operations related to property management in a single platform. This includes managing reservations, calendars, check-ins, check-outs, pricing, payments, and billing.
Additionally, a PMS provides a clear overview of the property’s inventory, generates performance reports, and, in some cases, integrates with OTAs (Online Travel Agencies) such as Airbnb or Booking.com to synchronize bookings.
In summary, a PMS helps save time, reduce manual errors, and increase efficiency by allowing you to manage multiple properties from one place.