Proptech: Everything the Hospitality Industry Needs to Know

Proptech: Everything the Hospitality Industry Needs to Know

Technology has transformed the way we work and live. Think about it: Meeting with your colleague on the other side of the country is possible thanks to video conferencing software. Buying a latte at your local coffee shop is done in seconds by tapping your credit card on a digital reader. Researching something you’d like to know more about is made easy with a quick Google search.

These are just a few of the obvious examples of how technology improves our everyday lives. But beyond the day-to-day tech tools we rely on without even realizing it, there are various types of technology designed for different professional industries as well.

If you work in the hospitality or events industry, you may or may not already be familiar with the technology designed specifically for the property industry, which is suitably named “PropertyTech.” It’s often called “proptech” or “prop-tech” for short.

Proptech is more than just the industry’s latest buzzword. Rather, it encompasses a wide array of modern, digital solutions created for the property or real estate industry. If that understandably sounds broad, it’s because prop-tech is used by a wide variety of people and professions, and for several different purposes. But if you work with property in—well, just about any way, proptech can help modernize your processes, streamline team workflows, and much more.

Because prop-tech covers so much ground and touches myriad different industries, it can help to learn more about what exactly the proptech meaning is, plus what sorts of proptech examples already exist. Not to mention, it helps to know how you can utilize proptech analytics, the general proptech costs, and how prop-tech is different from property management software.

So, to help clear things up a bit, we’ll be uncovering all of your proptech questions in this guide. For example, what is property tech? How can you define proptech? What are some of the biggest proptech examples, and how does it differ from property management software? What are the latest proptech trends to keep on your radar?

It might feel overwhelming, but fear not: We’ll break down everything you need to know about PropertyTech. Read on for a complete guide to proptech.

What is proptech?

The good thing about proptech is that there is no one standard proptech definition or universal proptech meaning. That means that there’s no limits to what prop-tech may encompass, but it can make it a bit tricky to provide a universal proptech definition or one standard answer to, “What is proptech?”

That said, you can define proptech as any digital technologies or businesses used to innovate or improve the property and real estate industries. There are countless proptech examples, which illustrate just how expansive this sector is.

Of course, depending on who you ask, you might receive a different proptech definition. And with different proptech examples, you can see how different platforms and technologies fit into the term in their own unique way. But this proptech definition is at the least a good starting point when you’re

What does proptech software do?

Prop-tech’s functions depend on what general category of prop-tech that specific software is in. Each proptech app has its own unique focus, which is why it can help to look at a few proptech examples to get a better scope of the subject.

For instance, while some platforms focus on providing proptech data analytics that make it simple to see how your business is performing, whether you’re a hotel looking to see how many custom invoices you have outstanding or you’re a real estate agent trying to keep track of this quarter’s sales. Other proptech platforms, such as property management software, can help teams easily manage the ins and outs of their hotel, building, or other type of property.

Basically? There’s no limit or hard definition as to what proptech covers, as each type of proptech software or property management platform covers something different. Later in this article, we’ll cover the different sectors of PropertyTech and what each area of proptech typically does specifically.

When did proptech start to emerge?

Up until recent history, properties of all sorts—from residential homes to corporate businesses to hospitality brands—faced challenges that today’s proptech solutions solve. The issue? Modern proptech tools didn’t exist until fairly recently.

For instance, when New York City-based real estate developer Rudin Management Company sought an operating system to help manage their portfolio of buildings in 2009, they couldn’t find a solution, according to the New York Times. The reason? The world of PropertyTech hadn’t yet taken off—and that was just over a decade ago.

Previously, many property and real estate industry members were relying on things like Excel spreadsheets for data management, reports Plunk co-founder Mike S. Shapiro in Forbes. But these processes weren’t efficient enough.

But over the course of the last decade, proptech solutions have skyrocketed, creating innovation and easing challenges industry members had long been forced to work around. According to Shapiro, the COVID-19 pandemic only pushed the need for proptech software further. And today, popular proptech trends continue to grow and evolve.

Today, there are countless different proptech tools, which we’ll cover later in this prop-tech guide. And by 2032, the proptech market is expected to grow to $86.5 billion, according to a report by Future Market Insights, a market research organization.

How is proptech different from property management software?

Proptech software is often conflated with property management software. While the two are without a doubt similar, property management software (often abbreviated as PMS) is typically considered a type of proptech software.

While proptech software can include a wide variety of platforms used by property professionals and real estate industry members, property management software is often thought of as the programs designed to innovate, simplify, or modernize the management of commercial and residential properties. Meanwhile, prop-tech as a whole is thought to encompass more than just the management of properties, but rather, you can think of it as any technology that affects nearly any process or task related to property.

In the next section of this prop-tech guide, we’ll discuss property management software in more detail, as well as the other common types of proptech tools and proptech examples.

What are the different proptech types, and what do they do?

Because there isn’t one universal approach to prop-tech, there are several different types of proptech tools and proptech examples to learn about and consider for your business.

There are various proptech solutions built and designed for various industries. For example, software that a real estate company uses for residential properties may be quite different from a proptech platform that a hotel or commercial property uses—but both could be considered proptech solutions.

Regardless of the industry that’s using the software, proptech tools will look much different depending on who’s actually using the software: an individual consumer, or a larger company or property group.

That said, there are a few core sectors of the proptech industry to keep in mind:

Property Management Software

Like we discussed above, while property management software is often described synonymously with prop-tech, you can generally consider property management software as a popular type of prop-tech.

Property management platforms facilitate and streamline how teams manage the ins and outs of their property. Whether you’re a real estate agent or landlord, property management software allows you to do everything from tracking tenant leases and maintenance requests to managing building amenities.

Property management software is also a core tenant of the hospitality industry, typically assisting hotel and resort teams with their daily operations, from booking reservations to managing room rates to handling guest check-ins. There are several property management platforms and property management software options built with the hospitality industry in mind, which can help teams manage properties and stay efficient.

You can also look at property management software from a macro level. If you own a portfolio of properties or buildings, you can look for a property management platform that works as proptech facility management, helping you monitor everything from occupancy to energy usage across your properties. This type of property management platform, which you could also think of as proptech property management or proptech asset management, would be especially useful for property groups looking for a standard property management software option.

Property Listing Services

Wondering, “What is proptech for real estate?” While the question is broad, proptech sales tools are especially helpful for those looking for property listing platforms. For example, if you’re a homeowner or real estate agent looking to list a home for sale, you might turn to a property listing service like Zillow to extend your list of prospective buyers. This type of software can help facilitate proptech sales which you might not have received if you had simply stuck a “for sale” sign in the front yard, making any proptech costs of using the software well worth it. Not to mention, these proptech property management tools can help asset owners, real estate agents, and more keep track of their listings.

Sharing Economy Proptech Software

While you might not be familiar with the phrase “sharing economy” when it comes to proptech, we’re betting that you’d recognize the names of companies that fit in this sector of proptech tools or proptech examples. Also known as the sharing economy model, this type of proptech management includes sharing goods, services, or properties with other peers. For example, Uber is a well-known example of the sharing economy model, in which riders are matched with an individual driver, who is paid to drive the rider from one destination to another.

There are several proptech solutions within this sharing economy model, such as Airbnb. Sharing economy is one of the latest proptech trends you might notice today. Many of these proptech apps and proptech trends also include built-in financial technology abilities (such as proptech payments and proptech invoicing), and can even provide proptech cost reductions to users due to their disruptive and modern nature.

Smart Proptech Real Estate Software

Another common sector of proptech real estate industry members rely on is smart proptech real estate software. These proptech solutions are what power “smart home” technology at a property—think automated systems like security devices, door locks, cameras, lights, sounds, thermostats, or appliances. This type of proptech automation can help modernize your property, and even provide some proptech cost reductions for property owners. For instance, if you utilize smart proptech real estate in your building by installing lights that automatically turn off in, say, closets or bathrooms, your property benefits from the considerable energy savings the proptech app provides—not to mention, follows the latest proptech trends.

Proptech Transaction Tools

Property transaction tools are another popular sector of prop-tech—not to mention, one of the rising proptech trends for several industries. To put it simply, property transaction tools streamline and modernize how the industry transacts. These tools can cover an array of proptech payment software, property management software, proptech automation tools, and more. Translation: You can use property transaction tools for things like signing contracts or property record keeping, making it easier to finalize transactions at your property and eliminating pain points from the deal closing process.

This type of proptech automation can make your property and company more efficient—for instance, if a client can sign for something in seconds on their phone rather than needing to go to a physical location to physically sign a contract, everyone saves time and the entire process is simplified. All this can lead to proptech cost reductions and easier proptech sales and faster proptech payments, making it more profitable and simple for operators and asset owners to manage properties.

Proptech Financial Tools

For any tasks related to finances, there are various property financial tools to help. This sector of proptech can encompass anything from financial lending to evaluating how much a property is worth to systems that help clients close on deals. Perhaps unsurprisingly, these proptech solutions have a big overlap with the world of financial technology, also known as fintech.

This type of PropertyTech can be used for an array of different processes in order to streamline tasks and provide proptech cost reductions for your business. For instance, you could modernize your company’s invoice process by implementing software that focuses on proptech invoicing or proptech payments, both of which could be considered financial tools.

Take ROH as an example. A hospitality brand or property group could implement ROH’s platform to receive proptech payments faster and increase proptech revenue thanks to the modern, digital solutions it offers. Plus, it could use the platform’s proptech data analytics and detailed financial reporting to better understand its revenue streams.

Oftentimes, activating a financial proptech app at your business can lead to a significant return on investment, making any associated proptech costs well worth it in the long run.

Proptech Data and Analytics Tools

Think of yourself as a big numbers person? There’s a proptech app for you too. While it’s understandable if the world of prop-tech and property management software can largely feel financial-focused, know that there are plenty of platforms dedicated to proptech data, proptech analytics, and proptech metrics too.

These data and analytics tools also encompass many different types of software. Some can help inform you of your portfolio’s performance or help employees find actionable insights they need with ease, while others focus on informing users about property trends or investment statuses. That could be anything from property price evaluations to where a real estate developer should build a new building, points out Ascendix. All of these functions can lead to valuable proptech cost reductions, and insightful proptech reporting.

It’s important to consider that many other sectors of proptech management or property management software overlap with these proptech data platforms. For instance, while ROH elevates the contract and payment process for hospitality groups and properties with its proptech invoicing and proptech automation tools, it also provides invaluable proptech data. Thanks to helpful proptech analytics and proptech metrics that ROH provides, team members can easily see which invoices have been paid and which haven’t, the amount of contracts in process, the total amount of payments, and much more. These helpful proptech metrics can be a game-changer for their users, providing crucial proptech cost reductions for your business.

From property management software to data and analytics tools, it’s important to keep in mind that all of the above proptech types aren’t siloed off from one another. Many proptech tools and property management platforms could fit in multiple categories, and what one business considers PropertyTech could be different from another’s list of proptech types. And of course, there are plenty of other different sectors of proptech management tools or property management platforms that aren’t explicitly listed above.

In addition to all of the different proptech types listed above, there’s also financial technology (also known as fintech, like briefly touched on above) and construction technology (also known as contech). These broad sectors of technology often overlap with one another, and some software may be considered both prop-tech and fintech, or prop-tech and contech.

That said, it can help to have a general understanding of the various proptech types before considering which property management software or proptech app to implement at your company.

What are some proptech examples?

To get a better sense of what proptech is and what it encompasses, it can be helpful to see a few different examples of it in action. You’re probably much more familiar with prop-tech than you may realize!

For example, Zillow and Opendoor are well-known property ​​listing services that many consider proptech examples. Airbnb and WeWork are popular examples of “sharing economy” proptech platforms that let users rent property—in this case, homes or workspaces.

Of course, there are tons of other proptech examples and property management software options besides the ones listed above. But it can help to get a few basic examples for context as you learn the ins and outs of prop-tech. And later in this guide, we’ll focus on the various types of proptech solutions.

Who should use proptech?

You might be wondering if you could benefit from using a proptech app or property management platform. The general answer: If you’re in real estate, operate a property, own assets, work in hospitality, or manage properties in just about any way, proptech software and property management platforms can help.

Clearly, tons of property industry members can benefit by using proptech or property management software. That said, here are some of the roles that can especially benefit from this technology:

  • Real estate agents and brokers. From transaction tools to financing platforms to property management software, proptech largely benefits those in the real estate industry. For example, proptech payment software can help agents and their clients with financial information during the sales process.
  • Landlords and tenants. Property management software and tools dedicated to proptech property management can be instrumental for landlords and tenants. With a property management platform, landlords can easily send, sign, and track leases or manage maintenance requests. These property management platforms are often huge pluses for tenants too, since they create a more efficient, simple process.
  • Property asset owners. Asset owners can majorly benefit from proptech asset management and property management software too. Owners can use technology in order to keep track of their portfolio performance, standardize operations from property to property, and more. For example, implementing a universal proptech management system or property management platform across your portfolio can help you easily understand the costs and profits from each property all at once, thanks to portfolio-wide proptech metrics and proptech data analytics.
  • Property operators and hospitality team members. The hospitality industry relies on proptech and property management software every day. Just about everyone at a hotel or resort relies on proptech automation and property management software every single day—property operators, general managers, front desk staff, catering sales managers, sales and marketing teams, finance teams, revenue optimization teams, you name it. For instance, general managers can use property management software to quickly see the amount of rooms available or which event spaces are booked and when. Property operators and general managers can use proptech management software to gather proptech analytics. Finance teams can easily see which hotel invoices have been accounted for and which ones haven’t thanks to proptech revenue capabilities. Meanwhile, catering sales managers and associates can streamline any venue and catering contracts or invoices with proptech payment software, and reserve room blocks or event spaces with a property management platform. No matter the position or task, property management software and proptech management transform the hospitality industry for the better.
  • Property consumers, or people buying or working with residential or commercial real estate in some way. Hoping to buy a house? Looking for vacation rental? Need to sign and pay for a custom invoice at a hotel? Need to see which venues are available to book for your event? For all these tasks and more, consumers often use a proptech platform or property management software to get it done.

There are countless different proptech companies and property management platforms, which means there are countless ways you can use prop-tech—even if your job title or role isn’t listed on the sample list above. Utilizing proptech or a property management platform can help streamline and enhance your career or task at hand.

Proptech software considerations

If it feels overwhelming trying to grasp which proptech software or property management platform could actually be useful to your property or your team, that’s more than understandable. There are so many options on the market to choose from, and it can be difficult to conclude which platform will be the most beneficial for your unique needs.

Here are a few things to keep in mind when you’re looking for a proptech management tool or property management software:

Your Industry

First things first, it’s helpful to consider what industry you’re in before locking down proptech or property management software. Different software and property management platforms can be designed with certain industries in mind, which can make one tool more valuable than another for your business.

For instance, if you’re a real estate professional, you might opt for a platform designed specifically for real estate needs and tasks, like a site that allows you to list properties. If you work in hospitality, you might consider a proptech platform that’s designed to address the needs of asset owners, property operators, and hotel brands, plus drive revenue growth, increased conversions, and true collaboration. Or if you’re a landlord of a large building, you might consider a property management platform that allows you to easily sign leases and track maintenance repairs.

In short: Define your industry, then make sure any proptech platform or property management software you’re considering addresses that industry’s specific needs.

Your Business’s Needs

After you narrow down your industry, consider your property or company’s unique needs. For instance, let’s say you’re an area vice president at a hospitality group—that means you work in hospitality. But the next step is considering your portfolio’s specific needs.

For instance, is it a top priority for the hotels you oversee to drive revenue from business lines besides just individual room sales? In that case, you’d need to find a platform that drives revenue and conversions for any event-driven business at your property. Is it crucial that you increase team efficiency across each property? Then you’d need to find software that standardizes operations and saves team members time with modern solutions like digital proptech invoicing or at-a-glance proptech data analytics.

No matter what, reflect on your biggest pain points, then make sure any proptech solution or property management software you’re considering can solve them and enable growth.

Proptech Software Users

Another important thing to think about when you’re considering a prop-tech platform or property management software? The people who will be using it on a regular basis.

For instance, if you’re a landlord considering a few different property management platforms for your building, ask yourself if just you and your team will use the platform or if tenants will interact with it too—and if so, what their priorities might be. Or, if you work in the hospitality industry, think about who at your hotel or your portfolio will use the proptech or property management platform. Will front desk managers be the only people using the property management software? Or will your catering sales managers be using it as well?

Or, if you’re hoping to find proptech payment software that provides financial performance data thanks to proptech revenue growth tools, consider if both your sales and finance teams would benefit from being able to both access the platform.

In summary: Think about who will be using the proptech or property management platforms you’re considering, consider their unique responsibilities and needs, and make sure the software will work for your team.

Your Budget

You were probably already considering this, but it’s worth mentioning that it’s important to consider your budget when considering property management software or proptech payment software. It’s important to feel confident that any investment you make in a platform will return a favorable outcome for your company or portfolio, making it worth the cost.

After you’ve considered the above priorities (your industry, your business’s specific needs, who’ll use the software, and your budget), plus any additional unique factors that might come to mind, it can help to do a bit of research to see which proptech platform or property management software fits your ideal requirements.

You can also read industry publications or ask colleagues at conferences about their experience working with various property management platforms or proptech solutions to get their recommendations. (For example, Proptech Outlook hosts an array of conferences, on top of its general proptech reporting and resources.) You can also turn to digital resources for additional information; for example, various CB Insights proptech details and information can be found.

Benefits of ROH’s Proptech Software

After you’ve reflected on your portfolio’s or company’s requirements for proptech software or property management platforms, it’s time to think about the top systems you’re considering.

ROH is the first purpose-built revenue optimization platform for hospitality groups and their properties, and is an essential proptech solution provider—not to mention, follows the latest proptech trends. ROH enables the top hospitality brands in the world to drive conversions, increase revenue, and empower real collaboration on their teams. Our platform provides solutions that address the unique needs experienced by asset owners, property operators, and hotel brands across marketing, sales, and finance.

As a result, our partners experience significant growth. To be specific:

  • Partners experience an average 15% increase in event revenue / property
  • 81% of payments convert faster
  • Partners experience a 4.5x return on investment (ROI)

Below, take a look at all the features that make it all possible. Plus, find the ins and outs of how ROH can help solve your business’s unique challenges, all while helping your team elevate the customer experience, enhance sales operations, and drive increased revenue.

Branded, Mobile-Friendly Invoices and Contracts

Today’s customer expects a simple, modern way to pay for everything—and that includes any invoices from their events, group sales, room blocks, and beyond. But historically, the hospitality industry hasn’t had access to using modern payment methods when it comes to custom quotes or event-driven business, and have instead needed to require customers pay with PDFs or physical checks. Not only does that make payments more arduous and time-consuming for customers, it also slows down time to payment and general workflows for your team.

That’s where ROH comes in. When your property uses ROH, you can create digital, branded contracts and invoices and send them to clients with just a few clicks. Then, customers can sign and pay from their laptop or phone in minutes. Rather than needing to call customers to ask for their credit card information, asking them to mail or drop off a check, or requiring them to download a PDF and fill it out with their info before emailing it back, you can send clients an easy-to-use invoice link. This clean, mobile-friendly payment method not only saves you and your guests time, but it also acts as a valuable conversion tool—after all, your property is that much more attractive when it’s easy for customers to pay.

Card on File Functionality

As a consumer, you might have grown to expect to be able to securely store your credit card information to make purchases easier, such as on your computer or phone. That way, when you go to buy something online, you can pay for everything without needing to hunt down your card and type all of the payment information out every single time. While consumers have grown used to efficient processes like these, the hospitality industry has largely had to make do without them without any modern solutions in place.

That’s why ROH built a solution. With our proptech platform, you can securely store customer credit card information in the same system you use to create invoices and contracts, reducing hassles and making for faster, more streamlined payments—a win-win for both your properties and your consumers. Rest assured that ROH is a PCI DSS Level 1 certified service provider that takes data security seriously.

At-a-Glance Data and Insights

A common challenge we’ve heard from property groups and hospitality brands over the years is that it’s hard to keep track of the amount of events, group sales, room blocks, and more. How many custom invoices are currently outstanding, for example? How many payments has a certain property received from events and group sales so far this month? More often than you’d think, many hospitality groups have struggled to find access to proptech reporting on analytics like those.

Fortunately, ROH answers all those questions, and with ease. Our platform provides comprehensive financial proptech reporting with easy-to-read proptech data and insights from all your property or portfolio’s events and group sales. Any team member—whether you’re a general manager, catering sales director, finance director, or sales account executive—can quickly grasp valuable revenue streams with at-a-glance proptech analytics.

Find easy-to-read data and insights from all your property or portfolio’s events and group sales in our admin dashboard, making valuable revenue streams easy and quick to grasp.

A Centralized Admin Dashboard

It can be difficult to keep track of all the group sales, room blocks, events, guest services, and more going on at your property, let alone keep your entire team on the same page about it all. For instance, it can be challenging to keep hospitality sales and finance teams on the same page—while sales is understandably focused on securing future event-driven business for the property, finance wants to make sure past events and sales have been paid and accounted for.

Enter: an easy-to-use admin dashboard that gives the whole team the answers they need. From contract statuses to payment updates, anyone you’d like can simply log in to their ROH dashboard to find the information they need in one place. From the data and insights described above to the latest notifications for your property to recent resources you might find helpful, the dashboard keeps everything you need in one universally accessible, easy-to-find place. The result: Better team collaboration and dialed-up efficiency across your entire portfolio.

Flexible, Self-Serve Customer Payment Options

A modern payment process doesn't stop with branded, mobile-friendly invoices and contracts. With ROH, you can meet clients where they’re at with a flexible, self-serve payment process—another beneficial customer conversion tool.

Here’s how it works. When you send an invoice with ROH, customers can choose if they want to pay all at once or in four interest-free deposits over time. No matter which option they choose, ROH sends the total invoiced amount to your property right away. That means that even if clients decide to pay over time, you still receive the entire amount upfront. Not only does that increase your time to payment as well as upfront cash flow, it also means that customers have a more manageable payment plan available to them. A customer who might have felt nervous about putting down a large event deposit upfront, for example, might feel more comfortable when they know they can pay over time.

What’s more, customers can pay how they want, all on their own, whether that’s via credit card or ACH, or on their laptop or on their phone. Your team won’t need to spend time guiding them through the process, and customers have a much simpler way to sign and pay. That gives your brand a serious edge on the competition.

No More Payment Headaches

Oftentimes, we hear from partners that what their hospitality teams love most is getting to work with customers and making sure guests have an excellent experience at their property. But unfortunately, burdensome hurdles can get in the way of that. For instance, when unforeseen payment headaches spring up—think chargebacks, disputes, or cancellations—team members have had to spend valuable time resolving them rather than doing what they love.

That changes with ROH. When you use our proptech platform, any customer payment hassles get resolved by our team of experts. That takes annoying to-dos off your team’s plate, leaving them happier and more efficient.

Automated Reminders, Real-Time Notifications, and Proactive Management

Another tool ROH’s proptech platform includes that helps keep your team efficient, collaborative, and generally on top of everything? Real-time reminders and notifications.

ROH eliminates the need to waste time chasing down payments, or the need to manually keep track of every single invoice payment and contract status all by yourself. Our prop-tech platform sends team members real-time notifications when invoices have been paid or contracts have been signed, as well as automated reminders that a payment is due soon.

Not to mention, ROH also automates any necessary follow-ups. That means if a customer is running a day behind on their invoice (which is rare with our platform), you can proactively manage late payments with ROH’s automatic alerts and email reminders. These helpful tools keep payments on track and your team feeling on top of everything.

Exclusive Marketing Support

If your property group or hospitality brand hosts social events like weddings, you can unlock special access to Carats & Cake when you partner with ROH. That means you’ll receive marketing support from Carats & Cake, which showcases your property to millions of monthly views from event planners and prospective customers.

With Carats & Cake, your property will gain access to…

  • 100 million monthly social impressions and 40,000 wedding vendors. The more eyeballs on your property, the better. Our team will make sure your venue is always seen in its best possible light.
  • A constantly updated venue profile that acts as an on-trend extension of your brand website. Our team of experts will add updated editorial and video content throughout the year, which drives traffic back to your website and optimizes your brand’s engagement. We’ll curate the features that appear on your venue profile, which means you don’t have to worry about things like getting rights to images. Want to see an example? Check out Estancia La Jolla’s Carats & Cake profile.
  • Guaranteed editorial coverage. Tap into Carats & Cake’s loyal audience of readers by guaranteeing placement in our editorial content. Our team drives extra attention to your property in venue roundups, behind-the-scenes articles, and more.
  • Social media exposure. Today’s buyer is a visual consumer, and that’s especially true with weddings and social events. Boost brand awareness and more with authentic, omnichannel social media features dedicated to your venue, prominently highlighted to Carats & Cake’s hundreds of thousands of followers across channels.

Long story short? When you partner with ROH and gain access to Carats & Cake, you can consider your property’s content marketing handled.

From mobile-friendly invoices and contracts to at-a-glance data and insights, all of the above benefits of ROH’s proptech platform work together to drive increased revenue, conversions, and collaboration for your property group or hospitality brand. (Want to see ROH in action and learn how it can help your business’s specific needs? Get a free demo from a member of our team.)

How to learn more about proptech

Proptech is an exciting advancement for anyone working in the hospitality, event, or real estate industry, but it’s more than understandable if it feels a bit overwhelming to learn about too.

To learn more about the general proptech outlook and industry news, you can turn to publications and resources that focus on the topic. One example is Proptech Outlook, a business and technology magazine for those in industry. Proptech Outlook magazine covers the latest proptech trends, expert ideas and innovative companies within the industry, and much more.

You can stay up-to-date about all-things property technology in other digital publications and resources as well; for instance, CB Insights proptech data can help you stay informed. Of course, there are plenty of other resources besides Proptech Outlook magazine and CB Insights proptech data, but it can help to have a couple starting points when you want to learn more about property management software and the general world of PropertyTech.

To learn more about ROH’s proptech software specifically, you can schedule a free demo with one of the experts on our team. They would be happy to give you a tour of our proptech platform, answer any questions you have, and share how our proptech software can benefit your unique hospitality brand or property specifically.