Impact of booking.com, Stayz and Home Away on hospitality industry

Research Report

Table of Contents
INTRODUCTION...........................................................................................................................1
Influence of booking.com, Stayz and Home Away technologies on hospitality industry..........1
Different Architectural software.................................................................................................1
Next Paradigm.............................................................................................................................2
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Information system is defined as an incorporated set of elements that duly include
allocation, storage and processing of data in order to render digital products, knowledge and
information (Anagnostopoulou and et. al., 2020). Organisations mainly perform their operations
while depending upon information system in order to effectively fulfil their organisational
objectives (Rashideh, 2020). With the assistance of this entity can execute their operations
related to interaction of stakeholders as to gain more competitive advancements. In order to
accomplish this objectives they undertake significant advantage of various form of paradigms
that further allow them to ensure their long term sustainability in respective market. Present
report has been conducted on disruptions that has been facing by hospitality industry because of
new arrivals like Booking.com, Stayz and Home Away.
Influence of booking.com, Stayz and Home Away technologies on hospitality industry
There is significant impact has been faced by hospitality industry due to formative
disruptions made by entities like booking.com, Stayz and Home Away (Coldiron, 2020). This
further lead towards Australian government to undertake necessary actions, in this they offer
recommendation to hospitality industry to take use of surge pricing strategy in order to compete
with the entities like booking.com, Stayz and Home Away, as hospitality industry faced high
amount of financial debts (Buhalis and Yen, 2020). Along with this, in order to overcome with
these issues hospitality industry can undertake use of “Flypay”. With the help of this
organisations within respective industry can significantly allow their consumer to select
their restaurant or bar location in the app, enter their table number and have their bill instantly
retrieved.
Different Architectural software
Organisations like booking.com, Stayz and Home Away are undertaking use of
monolithic software architectural (Gunden, Morosan and DeFranco, 2020). It effectively creates
cloud applications in this each and every application is built as a set of services. Further it has
been evaluated that every service duly runs in its own processes and communicates through
application programming interfaces (API) (Alrawadieh, Alrawadieh and Cetin, 2020). In
addition to this it has been evaluated that in there is requirement of any form of alterations or
modifications in any of the section of the application, in this case only that aspect undergoes
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