Property management system
Property management systems may be used in real estate,manufacturing, logistics, intellectual property, government or hospitality accommodation management.These software makes the management of properties, personal property, equipment, including maintenance, legalities and personnel hassle free ,and all through a single piece of software. cumbersome and inefficient paper-based methods have been replaced by them.

Hospitality industry:
In this context, a property management system is a computerized system used to manage guest bookings, online reservations, point of sale, telephone and other amenities. The central reservation systems , yield management systems, front office, back office and point of sale systems all may be interconnected with this software.

Local government:
They help in managing large property estates ranging from schools, leisure centres, social housing and parks and investment properties such as shops and industrial estates - even pubs.

Manufacturing and Logistics Industries:
Property in this context can be the equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables and as such, the property management system helps in managing and developing it.

Property Management System Benefits:
-Store and access all of your data in one central location:
property management system which houses all your data in one database where all key Property Management processes are fully integrated and can be completed, by a single or multiple persons, using the same program.

-Real-time access to your data:
Since these systems can be internet based, all data can be accessed and updated real-time, which means data reconciliation is no longer necessary.

-Consolidate multiple softwares into one database:
A fully integrated property management solution can For example,automatically do a large-scale mailing that's completely integrated into Microsoft Word and customize each mailing for each tenant.

other benefits include:
-One single uniform graphical user interface:
-Rapid deployment
-Enable high levels of user adoption
-Lower total cost of ownership
-Secure, scalable and reliable delivery platform

For more details, visit these links:
http://en.wikipediawiki/Property_management_system
https://irealtymanagerproperty-managemen...efits.aspx

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Well i have heared that hotel guests have high demands as well as the reliance on technology in the office as well as at home has raised the bar for their travel expectations. When they increase then they are being asked by guests to provide them with the same quality of technology. At that time, these systems must be stabile, intuitive and I assume that easy to manage.