# PMS News > In-depth analysis and news about Property Management Systems — Mews, Cloudbeds, Guesty, Hostaway, and more. Operated by HolidayHero B.V., Amsterdam, the Netherlands. ## Pages - [What is a PMS? Property Management Systems Explained](https://www.pms-news.com/p/what-is-a-pms) ## Glossary - [ADR](https://www.pms-news.com/glossary/adr) - [Booking Engine](https://www.pms-news.com/glossary/booking-engine) - [Channel Manager](https://www.pms-news.com/glossary/channel-manager) - [Composable Stack](https://www.pms-news.com/glossary/composable-stack) - [Embedded Payments](https://www.pms-news.com/glossary/embedded-payments) - [Guest Journey](https://www.pms-news.com/glossary/guest-journey) - [Night Audit](https://www.pms-news.com/glossary/night-audit) - [Occupancy Rate](https://www.pms-news.com/glossary/occupancy-rate) - [PMS](https://www.pms-news.com/glossary/pms) - [RevPAR](https://www.pms-news.com/glossary/revpar) - [Two-Way Sync](https://www.pms-news.com/glossary/two-way-sync) ## Articles - [Hospitable ships split payouts and claims a category first](https://www.pms-news.com/hospitable/hospitable-ships-split-payouts-and-claims-a-category-first.md) (2026-09-18, Hospitable): Hospitable has launched Split Payouts, which divides booking revenue between property managers and owners automatically at check-in, and says it is the first property management system to do this natively. - [Guesty closes its Smily deal and buys its way into France](https://www.pms-news.com/guesty/guesty-closes-its-smily-deal-and-buys-its-way-into-france.md) (2026-09-17, Guesty): Guesty has completed its acquisition of Smily, the French PMS formerly known as BookingSync. Terms were not disclosed, and Smily's five founders are rolling part of their proceeds into Guesty equity. - [What shipped at Hostaway: 30 July to 11 September 2026](https://www.pms-news.com/hostaway/what-shipped-at-hostaway-30-july-to-11-september-2026.md) (2026-09-11, Hostaway): The article details recent updates from Hostaway between July 30 and September 11, 2026, highlighting significant enhancements in compliance, guest messaging, operations, guest-facing features, and reporting. Key developments include the launch of compliant e-invoicing for Germany and France, expanded invoicing capabilities across OTA channels, and multiple AI-driven improvements in guest messaging. These updates aim to streamline operations and enhance user experience, reflecting a broader trend towards automation and compliance in the PMS industry. - [Mews puts SiteMinder's channel manager inside Mews Operations](https://www.pms-news.com/mews/mews-puts-siteminders-channel-manager-inside-mews-operations.md) (2026-08-17, Mews): Mews has folded SiteMinder's channel manager into Mews Operations, giving properties access to more than 400 booking channels without leaving the PMS. There is a migration catch worth reading before you get excited.