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Innovation

4503 posts

[[ 9 ]]

ICYMI: MURTEC Executive Summit 2024 Tech Tides

  • Tony Loeb
  • 14 November 2024
📈 MURTEC Executive Summit: Tech Tides was held October 21-23 at the Fairmont Grand Del Mar in San Diego, focusing on AI, robotics, dynamic pricing in the restaurant industry, providing opportunities and actionable strategies.
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Booking.com says it is now in compliance with EU’s DMA

  • Automatic
  • 14 November 2024
💸 Nov 14, 2024 – Booking.com aligns with the Digital Markets Act: removes parity clauses in EEA, enables partners to set lower rates elsewhere, launches Data Portability API for user data control, introduces new data insight dashboards, ceases data sharing with affiliates like Agoda, Kayak, Priceline. ????
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Expedia boosts app user experience, loyalty offerings

  • Automatic
  • 14 November 2024
📱 Expedia Group, in Q3 2024, enhanced the One Key loyalty program, app features, and customer service. Leveraging AI, over 70% of travelers can now read concise summaries of reviews, assisting with informed decisions and development efficiency. The loyalty program membership saw a 7% global increase year-over-year, propelled by new airline redemption options and Vrbo discounts for members.
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  • 1 min

Hotel Investor Apps Enters Partnership With Tascoli

  • LODGING Staff
  • 13 November 2024
🏢 Hotel Investor Apps (HIA) partnered with Tascoli to offer its ERP solution for hotel financial management in the U.K. market. This collaboration aims to enhance financial accuracy and productivity for hotel owners and managers through features like real-time hotel intelligence tools, automated workflows, and customizable reporting. CEOs James Morgan (Tascoli) and Charlie Fritsch (Hotel Investor Apps) express their commitment to optimizing hotel operations and meeting the sector's demand for integrated data solutions.
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  • 2 min

AHLA: Hotels Remain Top Lodging Choice for Leisure and Business Travelers

  • LODGING Staff
  • 13 November 2024
💸 In a survey by the AHLA and Morning Consult, 52% of U.S. travelers plan leisure trips in the next four months, with hotels being the preferred accommodation for 45% of leisure and 59% of business travelers. For Thanksgiving and Christmas, 32% and 34% of U.S. travelers are likely to travel overnight, respectively. Inflation may affect travel plans, with 56% saying it could reduce hotel stays. The survey, conducted from Sept. 30 to Oct. 2, 2024, included 2,201 U.S. adults. Key amenities for guests include high-speed WiFi, with 63% prioritizing it.
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Startup Spotlight: ConnectedFresh Innovates with Data-Driven Sensor Tech

  • Tony Loeb
  • 13 November 2024
💻 Jake Simon and Tushar Agrawal, former Deloitte Consulting employees, founded ConnectedFresh to offer IoT sensor solutions for monitoring critical parameters such as cooler temperatures and energy consumption in foodservice operations. In 2023, the company joined the Techstars Future of Food Accelerator with Ecolab. Clients reported major savings by avoiding losses, with a grocer and a restaurant operator saving $70,000 and $25,000, respectively. Luna Grill reduced ingredient cooling log times from 20 minutes to under 5 minutes per item, saving thousands of hours across its locations. ConnectedFresh's platform uses LoRaWAN-compatible sensors and integrates with facilities management and compliance software to enhance food safety and operational efficiency.
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  • 5 min

Transforming a 200-room hotel with AI and Automation

  • Editorial Team1
  • 13 November 2024
🏨 The Hanson Hotel, a four-star 200-room property in Europe, is considering investing in AI and Automation. AI and Automation can reduce labour costs by 20%, saving €90,000 annually, and energy consumption by 30%, saving €45,000 annually. Revenue loss from inefficient pricing could be reduced by €20,000 each year. Although initial costs of €140,000 exceed first-year savings by €20,000, subsequent annual savings are projected at €120,000. A budget of €15,000 is allocated for staff integration and training, with €10,000 annual maintenance. Guest experiences are enhanced with personalised rooms and fast responses, while staff focus on satisfaction rather than routine inquiries.
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American Travelers Most Likely to Book Hotel Directly, Show Strongest Commitment to Loyalty Programs

  • Tony Loeb
  • 13 November 2024
💾 High Hotels, a hotel management firm based in Lancaster, Penn., collaborates with OpsTechPro (OTP) to automate workforce communications for over five years. Leveraging OTP, all 13 hotels in High Hotels' portfolio manage maintenance, engineering, housekeeping, front desk requests, and more. Their goal is to increase workforce performance by hundreds of percentage points within 3-5 months, with weekly monitoring and strategy adjustments. The 2024 Lodging Technology Study highlights the importance of personalized guest experiences and seamless service for guest loyalty, which High Hotels aims to achieve with OTP.
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  • 4 min

Sponsored Interview: Saga Travel on…

  • Travel Weekly Group Ltd
  • 13 November 2024
🏖️ Saga Travel merged Titan Travel and Saga Holidays into Saga Travel Group to streamline operations. John Constable, CEO of Titan Travel, led the consolidation, which resulted in growth, despite operational challenges during the pandemic. In 2023, Saga Travel partnered with Sabre Corporation to centralize air content and potentially hotel content on a single platform, improving productivity and customer experience. Saga reported an outstanding year for cruise and touring in 2023, with growth attributed to employee empowerment and targeting demand.
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  • 4 min

Email Marketing Strategy & Tips for Hotels

  • Nashi Dasgupta
  • 13 November 2024
📧 Hotel email marketing in 2024 leverages AI, personalization, and data to boost bookings and enhance guest satisfaction. Key strategies include personalized content, mobile optimization, and timing campaigns to guest behaviors. A successful campaign involves defining goals, segmenting audiences, designing consistent templates, creating engaging content, setting automated triggers, and measuring outcomes. Recommended tools are Mailchimp, MailerLite, HubSpot, Zoho Campaigns, and ActiveCampaign. Effective campaigns range from welcome series to exclusive offers and seasonal events.
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