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Navigating the challenging landscape of hotel asset management can be overwhelming. Trust me, I get it! That's why I've compiled this list of top-tier software solutions that are real game-changers. Each tool we explore optimizes various aspects of your operations, from automating routine tasks to enhancing guest experiences and maximizing revenues.

By implementing these software solutions, you'll simplify your day-to-day operations and unlock new opportunities for growth and profitability. No more wrestling with manual spreadsheets, losing track of hospitality asset maintenance, tracking hotel consumables, smartphone access, or grappling with reservation mishaps.

So are you ready to transform the way you manage your hotel assets? Let's dive right in!

What Is a Hotel Asset Management Software?


Hotel asset management software is a comprehensive digital solution for hospitality industry stakeholders, offering various tools designed to maximize asset performance and profitability. It is typically used by hotel owners, managers, and operators to streamline operations, optimize financial performance, and enhance the guest experience.

The software covers a wide range of functions, including maintenance and repair scheduling, energy management, maintenance schedule, forecasting, cuts in expenditures, workflows, work orders, usage compliance tracking, financial data analysis, and real-time reporting. Providing a centralized platform for these critical tasks aids in making informed, strategic decisions to ensure sustainable growth and success in the highly competitive hospitality sector.

Best Hotel Asset Management Software Summary

Tool Best For Trial Info Price
1
innQuest

The revenue management tools within roomMaster HMS offer dynamic pricing and revenue optimization for maximizing profits.

Best for tracking hotel room availability and upkeep

Free demo available

Pricing upon request Website
2
Click Maint CMMS

Click Maint CMMS provides a comprehensive view of all your hotel assets, allowing for better maintenance management.

Best for centralized asset tracking

30-day free trial

From $35/user/month (billed annually) Website
3
Limble

Limble provides visibility into assets, including planned maintenance, predicted costs, and overall asset health.

Best for preventive asset maintenance scheduling

Free plan available

From $28/user/month Website
4
innRoad

Take a look at InnRoad's real time reporting feature

Best for streamlining operations for independent hoteliers

Not available

From $150/user/month Website
5
eZee Absolute

Ezee Absolute stay view has a user friendly interface

Best for seamless hotel operations management

Not available

From $45/user/month (billed annually) Website
6
Asset infinity

Asset Infinity has numerous features, including the asset list feature

Best for cloud-based scalability and accessibility

14-day free trial.

From $29/user/month, (billed annually, min 5 seats). Website
7
Chetu

Chetu's feature dashboards show the numerous features that the software carries

Best for custom software solutions tailored to your hotel

Free consultation available

Pricing upon request Website
8
Hotelogix

Hotelogix front desk feature is extremely simple and efficient

Best for offering a complete property management system

Not available

From $3.99/room/month (billed annually) Website
9
ThinkReservations

ThinkReservations' reservation feature helps automate and streamline the booking and reservation process

Best for enhancing online bookings and reservations

Not available

From $30/user/month. Website
10
CSAT

A look at the CSAT website dashboard

Best for personalized customer support experiences

Not available

From $19/user/month, (billed annually). Website

Best Hotel Asset Management Software Reviews

Best for tracking hotel room availability and upkeep

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.2/5

roomMaster HMS by innQuest is an all-in-one property management system designed to meet the operational needs of hotels. Whether you're running a small boutique hotel or a large multi-property chain, roomMaster HMS helps with everything from managing reservations and guest check-ins to automating key daily tasks.

Why I Picked roomMaster HMS: I like its robust property management system that keeps all asset-related data organized. You can track room availability and condition, helping your team stay on top of what’s in use or in need of attention. Its housekeeping management feature ensures that you’re able to log and track room statuses, which helps extend the life of your physical assets, like furniture and equipment, while keeping everything running smoothly for guests.

Standout features & integrations:

You can generate detailed reports on everything from daily income to room usage trends, helping you make informed decisions. The revenue optimization tool is particularly helpful for pricing rooms more strategically based on demand, occupancy, and historical data. And with its mobile app, you and your team can access key hotel management functions on the go. Integrations include AdriaScan, Amadeus, H&L, Sage, Triptease, Windcave, Airbnb, Booking.com, Expedia, QuickBooks, Alpharooms, Bookeasy, and Hotwire.

Pros and cons

Pros:

  • Easy integration with OTAs and direct website booking
  • Includes tools for revenue optimization and dynamic pricing
  • Prevents overbooking through channel management

Cons:

  • Initial setup can be time-consuming
  • Limited customization options for some features

Best for centralized asset tracking

  • 30-day free trial
  • From $35/user/month (billed annually)
Visit Website
Rating: 4.9/5

Click Maint is a maintenance management software designed to help hotels, resorts, and casinos efficiently manage their assets and maintenance tasks. It offers tools for tracking equipment, scheduling preventive maintenance, and managing work orders, all tailored to the hospitality industry's needs.

Why I Picked Click Maint CMMS: I like its comprehensive asset management capabilities. You can create a central repository for all your assets, detailing information like asset ID, type, model, location, warranty, and purchase date. Assigning QR codes to each asset allows your team to track and access asset details from mobile devices easily. This centralized system helps you monitor equipment status and plan maintenance effectively. Click Maint also offers automated preventative maintenance to help you maintain industry standards.

Standout features & integrations:

Features include work order management, which enables staff and guests to submit maintenance requests through a user-friendly interface. You can prioritize work orders based on urgency and assign them to technicians or third-party vendors. Additionally, inventory management helps you maintain data on spare parts and supplies. Integrations include Enterprise Resource Planning (ERP) systems, Customer Relationship Management (CRM) systems, and Human Resources Information Systems (HRIS).

Pros and cons

Pros:

  • Mobile access for managing tasks on the go
  • Accommodates hotels of all sizes
  • Automated preventative maintenance scheduling

Cons:

  • Limited language support
  • The reporting capabilities may be limited

Best for preventive asset maintenance scheduling

  • Free plan available
  • From $28/user/month
Visit Website
Rating: 4.9/5

Limble is a Computerized Maintenance Management System (CMMS) focused on improving productivity and handling maintenance tasks. It provides a user-friendly interface with features like work order management, preventive maintenance scheduling, and asset tracking. 

Why I Picked Limble: Limble allows for the creation and automation of maintenance schedules with customizable templates, ensuring that all hotel assets are maintained proactively, therefore reducing unexpected breakdowns and enhancing the lifespan of critical equipment. This feature is complemented by work order management, which simplifies the creation, tracking, and management of work orders in real time. 

Standout features & integrations:

Other notable features include predictive maintenance, which leverages IoT sensors to foresee and address potential issues before they escalate, and a mobile app that allows maintenance teams to manage tasks on the go, providing real-time access to work orders, asset information, and inventory levels. Integrations include ArcGIS, Slack, Google Calendar, Microsoft Outlook, Azure Active Directory, Google SSO, OKTA, QBO (QuickBooks Online), Oracle NetSuite, Monnit, Samsara, and RedZone.

Pros and cons

Pros:

  • Strong automation capabilities
  • Good for preventative maintenance
  • Robust work order management

Cons:

  • Limitations to customizing the platform
  • Could offer more integrations

Best for streamlining operations for independent hoteliers

  • From $150/user/month
Visit Website
Rating: 2.5/5

InnRoad is a comprehensive hotel management software that streamlines various operational aspects from a unified platform. It provides tools for online booking, front desk operations, housekeeping management, and reporting, which makes it particularly suited for independent hotels seeking an all-encompassing solution.

Why I Picked InnRoad: In my judgment, InnRoad presents a uniquely integrated solution that removes the need for multiple systems. Its comprehensive range of features offers a strong match for independent hotels seeking a single, manageable tool. This one-stop-shop nature of InnRoad sets it apart in the crowded hospitality software market.

Standout features & integrations:

InnRoad's key features include a user-friendly booking engine, integrated property management, and an intuitive reporting system. The software also boasts important integrations with OTAs (Online Travel Agents) and GDSs (Global Distribution Systems), facilitating a broad digital presence and easy distribution management.

Pros and cons

Pros:

  • Wide-ranging OTA and GDS integrations
  • User-friendly interface
  • All-in-one platform for varied hotel operations

Cons:

  • Support response times can sometimes be lengthy
  • Customizations could be more extensive
  • May be overwhelming for very small establishments

Best for seamless hotel operations management

  • From $45/user/month (billed annually)
Visit Website
Rating: 4.5/5

eZee Absolute is a comprehensive hotel management solution that integrates various aspects of hotel operations into a single platform. By consolidating various functionalities such as reservations, billing, housekeeping, and reporting, it provides a holistic approach to managing hotel operations, making it the best choice for a complete operational overview.

Why I Picked eZee Absolute: In comparing various hotel management software, eZee Absolute caught my attention with its wide array of features, all encapsulated within a single platform. This integration of various functionalities is what distinguishes eZee Absolute, and it's why I selected it as the best for offering a holistic management of hotel operations.

Standout features & integrations:

eZee Absolute provides a wide array of features including online booking management, front desk operations, housekeeping, a mobile app feature, and advanced reporting. It also offers seamless integration with global distribution systems (GDS), online travel agents (OTAs), and internet booking engines, making it a true all-in-one solution for hotel management.

Pros and cons

Pros:

  • Offers a robust reporting feature
  • Supports integration with various distribution channels
  • Provides an all-in-one platform for hotel management

Cons:

  • It might be more than what smaller establishments need
  • Some may find the price slightly higher than average
  • Requires a learning curve to fully exploit its potential

Best for cloud-based scalability and accessibility

  • 14-day free trial.
  • From $29/user/month, (billed annually, min 5 seats).

Asset Infinity offers a cloud-based asset tracking and management solution, primarily focusing on asset lifecycle management, preventative maintenance, and inventory tracking. The platform's exceptional ability to provide comprehensive asset tracking makes it the ideal choice for organizations seeking to monitor and manage all their hotel assets in one place.

Why I Picked Asset Infinity: When determining the best software for comprehensive tracking of hotel assets, Asset Infinity was a clear standout. What differentiated it in my comparison was its robust set of asset management features and the ability to provide a holistic view of all assets. Hence, I concluded that it was best for organizations that need a central hub for all their asset management and tracking needs.

Standout features & integrations:

Asset Infinity excels with asset tracking, preventative maintenance, and inventory management features. It also offers barcode, QR code, and RFID scanning for easy asset identification. Regarding integrations, it connects with third-party apps like SAP, Oracle, and Microsoft Dynamics, facilitating better data flow and improved decision-making.

Pros and cons

Pros:

  • Includes barcode, QR code, and RFID scanning capabilities for asset identification
  • Offers seamless integration with major third-party apps
  • Provides comprehensive asset tracking

Cons:

  • Requires time to fully learn and utilize its features
  • User interface can be complex for some users
  • Pricing may be high for smaller hotels

Best for custom software solutions tailored to your hotel

  • Free consultation available
  • Pricing upon request

Chetu is a IT software development company that specializes in creating custom solutions for the hotel industry. They offer tailor-made systems for property management, reservation platforms, online booking, and more, thereby proving to be an optimal choice for businesses that require custom hospitality software solutions. Chetu is also known for its custom software solutions and can develop IT asset management software tailored to the needs of a hotel.

Why I Picked Chetu: In comparing various software, I selected Chetu for its distinct approach to hospitality management software. Its uniqueness as an lies in its custom-built solutions that are tailored to meet the specific needs of each client, rather than offering a one-size-fits-all product. This makes Chetu ideal for businesses that require bespoke software solutions. Also, Chetu has the capability to incorporate real estate connections in its hotel asset management software.

Standout features & integrations:

Chetu's standout feature is its custom development service. This encompasses a wide range of possible features, from reservation systems to employee management tools, all custom-built to your specifications. While specific integrations depend on the custom-built solution, Chetu's developers can integrate with a wide range of APIs and software platforms to ensure your custom solution works seamlessly with your existing tech stack.

Pros and cons

Pros:

  • Versatility in creating systems for various hospitality segments
  • Wide range of possible features and integrations
  • Bespoke software solutions tailored to your needs

Cons:

  • Project duration can be lengthy due to custom development process
  • Pricing could be higher than off-the-shelf software
  • No pre-built solutions for immediate deployment

Best for offering a complete property management system

  • From $3.99/room/month (billed annually)

Hotelogix is a hotel management software designed to assist small to medium-sized hotels, motels, resorts, and other hospitality businesses. It offers tools for front desk operations, point-of-sale (POS) management, housekeeping, and more, thereby supporting these establishments in their scalability efforts.

Why I Picked Hotelogix: I chose Hotelogix after carefully comparing different software options and identifying it as a particularly good fit for small to medium-sized hospitality businesses. Its unique combination of an extensive feature set and simplicity of use stands out. Additionally, its scalability makes it a perfect match for growing establishments, hence the distinction as best for small to medium hotels seeking scalability.

Standout features & integrations:

Hotelogix comes packed with features that cover the full spectrum of hotel management tasks. These include front desk management, housekeeping, POS, distribution, reporting and analytics, and more. Moreover, it integrates smoothly with popular platforms such as Expedia, Agoda, and TripAdvisor, providing a comprehensive platform for managing different operations.

Pros and cons

Pros:

  • Smooth integration with popular platforms
  • Offers a comprehensive feature set for managing various operations
  • Designed for small to medium-sized hotels, providing a perfect fit

Cons:

  • Customer support could be more responsive
  • The pricing might be steep for some businesses
  • Could be overwhelming for very small establishments

Best for enhancing online bookings and reservations

  • From $30/user/month.

ThinkReservations is a property management system designed to streamline the booking and reservation process for hotels and other accommodation services. By offering a robust online booking engine and reservation management system, ThinkReservations is particularly suited to providing a straightforward and efficient booking experience.

Why I Picked ThinkReservations: After a meticulous selection process, I picked ThinkReservations for its specialized focus on online reservations and booking management. This software differs from others due to its powerful booking engine and intuitive reservation system. These attributes make it an ideal choice for establishments prioritizing smooth and efficient online reservation experiences.

Standout features & integrations:

ThinkReservations boasts a suite of essential features, including an online booking engine, built-in payment processing, and comprehensive reporting. Its reservation management system is another highlight, allowing for easy tracking and updating of booking status. The software also integrates well with platforms like TripAdvisor, Facebook, and Google, helping businesses expand their online reach.

Pros and cons

Pros:

  • Useful integrations with popular online platforms
  • Efficient reservation management system
  • Powerful and user-friendly online booking engine

Cons:

  • Customer service response times could be improved
  • Customization options could be more extensive
  • The one-time setup fee could be a barrier for some businesses

Best for personalized customer support experiences

  • From $19/user/month, (billed annually).

CSAT provides tools to help hotels enhance their guests' experience using data-driven strategies. By leveraging valuable data insights, this software is uniquely positioned to improve service quality and ultimately increase guest satisfaction, making it the best choice for a data-centric approach to guest experience enhancement.

Why I Picked CSAT: While exploring the myriad of tools available for enhancing the guest experience, I singled out CSAT due to its strong emphasis on utilizing data to inform strategies. The tool's ability to transform raw data into actionable insights is what makes it distinctive among its peers. Consequently, I believe CSAT is best for those seeking to bolster guest experience by leveraging data-driven approaches.

Standout features & integrations:

CSAT offers a range of features such as real-time guest feedback, analytics and reporting, and service quality management. It has an intuitive dashboard that visualizes data to simplify decision-making. Additionally, CSAT offers integrations with a variety of systems, including Property Management Systems (PMS), Customer Relationship Management (CRM), and point-of-sale (POS) systems, providing users with an interconnected data environment.

Pros and cons

Pros:

  • Integrates with a variety of other systems
  • Offers real-time guest feedback capabilities
  • Emphasizes data-driven strategies for improving guest experience

Cons:

  • The tool might be overkill for smaller establishments
  • Some users may find the pricing steep
  • The tool may be complex for users unfamiliar with data analysis

Other Hotel Asset Management Software

  1. Thynk

    For leveraging AI and machine learning capabilities

  2. Unifocus

    For labor management and guest satisfaction optimization

  3. Coba CMMS

    For hotel energy management

  4. Oracle OPERA

    For robust integrations and global reach

  5. Guesty

    Good for vacation rental businesses seeking automation and streamlining of operations.

  6. Cloudbeds

    For maximizing occupancy and revenue with a powerful booking engine

  7. CloudApper

    Good for facility management in the hospitality industry with mobile accessibility.

  8. eFACiLiTY

    Good for efficient asset and maintenance management in the hospitality.

Selection Criteria For Hotel Asset Management Software

When it comes to selecting hospitality management software, there are several crucial factors that I considered during my evaluation process. After trying out multiple tools, I found that the following criteria were the most valuable to determine each platform's efficacy for the hospitality industry's specific needs.

Core Functionality

  • Property Management: The software should be capable of managing various aspects related to property, including reservations, check-ins/outs, and availability.
  • Guest Experience Enhancement: Tools should facilitate the improvement of the user experience through feedback management, personalization, and swift issue resolution.
  • Revenue Management: The software should enable hotels to optimize pricing based on demand, competition, and other factors.

Key Features

  • Integrated Booking System: A feature to centralize all bookings from different channels to avoid overbookings and to manage all reservations from one place.
  • Channel Management: The ability to distribute inventory to various Online Travel Agencies (OTAs) and manage all channels from a single place.
  • Reporting and Analytics: The platform should provide detailed reports and insights about the hotel's performance, customer behavior, and market trends.

Usability

  • User-friendly Interface: Given the fast-paced nature of the hospitality industry, the software should be intuitive and easy to navigate so staff can complete tasks quickly and efficiently.
  • Robust Customer Support: Quick and reliable customer support is crucial, especially when resolving issues that could potentially affect customer satisfaction.
  • Seamless Integrations: The software should easily integrate with other systems used in the hotel like point of sale (POS), Customer Relationship Management (CRM), and others, to ensure smooth operations.
  • Easy Onboarding: With staff turnover and varied tech-proficiency levels in hospitality, the platform should have clear tutorials and a straightforward setup process.

Most Common Questions Regarding Best Hotel Asset Management Software (FAQ's)

What are the benefits of using hotel asset management software?

Hotel asset management software can significantly enhance a hotel’s operational efficiency and profitability. Here are five key benefits:

Streamlined Operations: The software automates routine tasks, reducing manual efforts and allowing staff to focus on more strategic activities.

Improved Decision Making: Advanced reporting and analytics provide valuable insights into the performance of assets, helping in informed decision-making.

Increased Revenue: Features like dynamic pricing and occupancy management can help in maximizing revenue.

Enhanced Guest Satisfaction: These tools can significantly enhance guest satisfaction by ensuring smooth operations and quick response to issues.

Cost Savings: By optimizing asset usage and reducing maintenance costs, these tools can lead to substantial cost savings.

How much do hotel asset management software tools typically cost?

The cost of hotel asset management software varies widely, depending on the features, the number of users, and the size of the property it’s intended for. Some tools have a per-user-per-month pricing model, while others might charge a flat monthly or annual fee. Prices can range anywhere from $50 to $500 per month for mid-range options, but more advanced platforms can cost thousands per month.

What are the common pricing models for hotel asset management software?

The pricing models for hotel asset management software can be categorized into three primary types: per-user-per-month, flat-rate (monthly or yearly), and quote-based pricing. The per-user-per-month model charges according to the number of users, whereas flat-rate pricing charges a fixed amount regardless of the number of users. Quote-based pricing is customized based on the specific needs of the hotel.

What is the typical range of pricing for hotel asset management software?

A standard hotel asset management software can start from around $50 per month for smaller properties with basic functionality. For larger hotels requiring more extensive features and integrations, the software can go up to $1000 per month or more.

Who uses Hotel Asset Management Software?

Hotel asset management software is used by hotel owners and hotel asset managers to optimize the performance and value of their properties. This software helps track and manage assets, monitor financial performance, and plan maintenance activities. By using hotel asset management software, stakeholders can make informed decisions, improve operational efficiency, and enhance the overall guest experience.

Other Hotel Asset Management Software

Here are some other useful tools for managing hotel asset and inventory.

What Next

Don't forget to browse around the site for more great hotel management tips, templates, and tools. Plus, join The Hotel GM newsletter for expert tidbits sent right to your inbox!

Cory Masters
By Cory Masters

Cory Masters is a dynamic professional with 10+ years of experience working across hotel and hospitality management, accounting, financial management, office management, and operations. She's passionate about elevating other professionals in the community, using her 4 years as an Assistant Hotel Manager at Four Seasons to share the lessons she's learned about managing guest interactions, reservations, hotel staff, hotel services, hotel management systems, and more.