Improve customer experience and service
Hospitality encompasses multiple verticals of food, accommodation and travel services around the world. Providing relaxation and entertainment for millions of customers in an industry that is heavily regulated creates stress for management. A gradually improving economy will help hospitality namely, the restaurant-industry sales continue to advance in 2018, even as restaurant operators face continued margin pressures, a tightening labor market, and some lingering consumer uncertainty.
The restaurant-industry sales reached $798.7 billion in 2017, a 4.3 % gain over the industry’s estimated sales of $766 billion in 2016. 2018 is projected to increase by 4.2%, not far off 2017 projections. There are over a million restaurants in the United States and millions more globally generating weekly sales of up to $1 million a week. With 47% of all tendered transactions in cash, this industry has created space of cash mismanagement at the point-of-sale.
POS systems in hospitality environments are pivotal to the front-end operations. APG Cash Drawer has POS solutions that create smooth and seamless transactions helping your employees deliver exceptional service and experience to all of their patrons.