Innovation

✈ Journey Mentor secured a five-year contract with Bangladeshi travel agency Time Travel BD, integrating their SalesMentor and LoyaltyMentor solutions into Time Travel's IT infrastructure. Bangladesh's travel market is expanding, with monthly international passengers rising to 800,000 in 2021 from 500,000 in 2019, and domestic passengers reaching 170,000, up from 100,000 in the same period. Kazi Shah Arfin, CEO of Time Travel, emphasizes enhanced service, while Paul Sies, CEO of Journey Mentor, highlights revenue growth and profitability.

🍝 The food delivery industry adapts to wage increases and fee hikes, impacting customer satisfaction. The National Restaurant Association reports 110,000 restaurant closures in 2020. Robotics is a growing solution, with the food robotics market projected to reach $5 billion by 2030, according to Allied Market Research. The Association for Advancing Automation states robotics can cut costs by 17.71%. Embracing robotics for efficiency, cost savings, and customer experience is essential for industry growth.

🍴 Introducing a restaurant reservation system app can attract more customers and level the playing field for small businesses, streamline operations, reduce no-shows, enhance customer satisfaction, and increase profitability for medium to large businesses. A mobile-optimized app can improve convenience, accessibility, and offer custom features such as loyalty rewards. To develop an app, research competitors, design for user-friendliness, consider app builders for a drag-and-drop solution, and promote your app using market research insights. Rohan from London, SVP of Engineering at Builder.ai, suggests these strategies.

🏨 In a 2023 Rackspace survey, nearly three-quarters of hospitality IT decision-makers view AI as a core business strategy. Marriott employs generativeAI in its Homes and Villas search tool, enhancing personalized booking experiences. Turtle Bay Resort's use of AI-powered CRM resulted in a 70% email engagement rate and a 40% revenue increase. Consistency in guest experiences is improved by AI through standardized housekeeping and fast support via tools like Hilton's chatbot Connie. AI requires problem-focused application and continuous refinement. Jon Wolfe, President of Global Systems and Services at Light & Wonder, emphasizes AI as a means to an end, not a standalone solution.

💻 Workabout offers flexible workspace bookings in the UK without memberships or contracts, featuring over 500 local and city-based options like hot desks and meeting rooms. Sign up is free, with pay-as-you-go flexibility. Partners include Landmark, Runway East, and others. The self-funded start-up, led by CEO Jeffrey Davidson, will add Teams and HQ management tools and expand globally. The platform supports hybrid work models, evidenced by a 2024 Nature study showing such arrangements increase happiness and productivity. A remote-first company, Workabout practices flexible working internally, catering to diverse needs and locations.

💳 iCoupon, Copenhagen Airport, and 7-Eleven Go collaborate to accept vouchers at airport vending machines. Currently active in 36 7-Eleven Go self-service kiosks and 12 stores, it offers 24/7 access to snacks and drinks. Aimed at expanding to all iCoupon-integrated airports globally, the initiative by Instant Systems enables digital voucher redemption, enhancing traveller convenience and potentially increasing revenue for retailers, airports, and airlines. Copenhagen Airport is the first to implement this service.

🏃 An AI travel planning survey by Matador Network found 82.5% user satisfaction among those planning for disabled persons. 19.9% specifically used AI for disability travel planning. 89% of those users are likely to repeat usage for upcoming summer travel. GuideGeek offers free AI travel assistance, supporting accessible accommodation and activity discovery. Matador Network, led by CEO Ross Borden, commits to enhancing travel accessibility through AI innovation.

🏨 Trip Affiliates Network launches Hotel Switch, a connectivity platform for travel agents to access over 200,000 hotel affiliations worldwide. The tool features instant booking, real-time updates, and VCC payment support, aiming to enhance accommodation variety, efficiency, and customer satisfaction. Josef Foo, the managing partner, highlights Hotel Switch's ability to improve travel agents' productivity and profitability by streamlining operations and offering competitive room rates and promotions.