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Hotels / Hospitality

Our expanded product portfolio has enabled multiple organizations within the Hotel and Hospitality industry to realize the efficiencies that a proven cash management system provides. Today, Tidel systems are deployed in several major luxury hotel properties across the North America, as these organizations have quickly realized the value our systems provide in enabling enhanced security and accessibility to their in-store cash funds.

Major hotel properties face common challenges:

  • Significant amounts of cash on hand in lock boxes
  • Risk of excessive shrinkage
  • Time consuming manual processes to count and assign tills/banks
  • Significant time reconciling & auditing cash handling operations
  • Various cash requirements needed within different departments, throughout the day
  • Need for 24-hour cash operations, whereas cash room personnel typically work from 8-5

To address these challenges, Tidel expanded its product line in 2010 with the introduction of an extended suite of cash management peripherals – including those that provide coin dispensing and coin recycling.

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A Modern Hotel is Incomplete Without a Cash Recycler

The process of checking into a hotel almost universally relies on a credit or debit card.  However, cash still finds itself flowing through hotels and resorts on a daily basis. Whether at the bar, concessions, the pool, front-facing shops, or the front desk itself,...

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Hotel Lobby Representing Cash Recyclers in Hotels /Hospitality

Additional Benefits of Cash Recycling

Good day and thank you for reading. In a previous blog post we addressed three key benefits that cash recyclers provide a retail establishment. We discussed re-allocation of labor, reduced cash float, and accelerated start of shift and end of shift processes as...

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Big Box Warehouse Representing Additional Benefits of Cash Recycling

The Last Cash Management System You’ll Ever Buy

Abroad, American consumers are known for being notoriously demanding, expecting conveniences overseas that are available stateside. That’s because here at home, customers can get virtually anything their hearts desire at the drop of a hat, or more aptly, the push...

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Cash Counting Machine Representing Cash Management Upgrade Expansion

Three Key Benefits of Cash Recyclers

Cash recyclers are advanced systems that help automate the cash room processes of organizations such as big box retailers, warehouse clubs, supermarkets, and other institutions that handle large volumes of cash on a daily basis. A cash recycler can accept,...

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People Exchanging Cash Representing Three Key Benefits of Cash Recyclers

Can Your Hotel Benefit From Cash Recycling?

A White Paper from Evention, LLC and Tidel Inc. Cash management in hotels is a universal challenge, and the opportunities for improvement are vast. In a typical upscale or luxury hotel, at any one time cash is spread throughout the property. It can be found in...

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Related Products

Learn more about the following Tidel cash management solutions that have
been deployed in hotel/hospitality industry, see the following.

TR 404

Bulk Coin and Note Dispenser

Need to get a better handle on your hotel’s cash operations?

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