What's considered useful life varies according to the type of asset. The Internal Revenue Service (IRS) assigns office furniture and fixtures a useful life of seven years under the general depreciation system (GDS). Cars and trucks have a useful life of five years.3 ...
Explore the Global Distribution System (GDS) and what it means for hotels. Find out how you can use it to win more bookings and revenue.
Similar GDS Systems to Amadeus GDS While the Amadeus GDS system is the largest in terms of pure market share, it is not the only major global distribution system that hotel owners and others in the travel industry should be aware of. The main two alternatives are as follows: ...
Enterprise Agile® is an Agile project management approach tailored to tackle challenges faced by large organisations. The latest edition provides practical guidance for enterprise-level organisations wanting to embrace new working methods and technologies that are proven to increase agility while remaining...
GDS is considered as the network/platform that enables the travel agencies or their clients to easily access travel data, place the bookings, compare the various booking prices for flights, hotels, buses and so on. There are GDS systems offered by Travelport, Sabre, Galileo a...
Here are some often-used terms when discussinghotel channel management. What’s2-way sync? 2-way synchronization refers to the connection between a Channel Management software and a booking platform (OTA, GDS, metasearch, etc.) by which your availability, rates, and inventory, and often property...
10 main functions Types of systems Top 10 PMS systems 2025 By Cloudbeds As a hotelier, a property management system (PMS) is one of your greatest assets. A good PMS streamlines everyday hotel workflows and increases efficiency and, ultimately, profitability. On the other hand, a second-ha...
The initial release of the Planyo store includes only 3 extensions but many more are planned for the near future. 3rd party developers will also be able to sell their extensions through the Planyo store to offer additional functionality and interfaces to other systems....
Advanced technologies like 3D scanning are also making inroads as a way of using existing products as a starting point and avoiding having to design from scratch. To help you get up to speed, let’s take a look at the basics of computer-aided design systems, who invented them, how they ...
The role of NDC in travel booking is to enable airlines to provide relevant offers tailored to individual customers rather than using the “one size fits all” approach of the GDS systems. With NDC, airlines can distribute tailored pricing, rich content like photos/videos, interactive seat maps...