Property Management System
A Property Management System (PMS) is a software platform used to manage the operations of rental properties, such as hotels, apartments, or commercial real estate. It handles tasks like reservations, guest check-ins/check-outs, billing, maintenance tracking, and reporting. PMS platforms often integrate with other systems like payment gateways, channel managers, and accounting software to streamline property operations.
Developers should learn about PMS when building or maintaining software for the hospitality or real estate industries, as it's essential for automating property operations and improving efficiency. Use cases include developing custom PMS solutions for niche markets, integrating third-party services (e.g., online booking engines), or creating mobile apps for property managers to access PMS data on-the-go.