🇦🇺Australia

Checkout Delays from Folio Retrieval

1 verified sources

Definition

Delays in accessing folios waste staff and guest time, slowing payment verification and extending time-to-cash.

Key Findings

  • Financial Impact: 20-40 minutes per delayed checkout; AUD 2,000+ annual opportunity cost per property
  • Frequency: Daily during peak checkouts
  • Root Cause: Technical issues, lack of training, non-integrated systems

Why This Matters

The Pitch: Australian hotels lose AUD 2,000+ yearly per property in delayed cash from slow checkouts. Automation of folio access cuts processing time by 50%.

Affected Stakeholders

Front desk, Guests, Finance team

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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