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1748 posts

[[ 18 ]]

The power of revenue management automation

  • Automatic
  • 13 February 2025
🏨 As of Feb 13, 2025, hotels are leveraging Revenue Management Automation (RMA) to optimize pricing and inventory controls in real-time, which helps prevent revenue loss from delayed manual decisions. RMA boosts efficiency by automating routine rate adjustments and reducing time spent on manual data analysis. To maximize benefits, hotels must audit automation rules regularly and maintain human oversight for critical decisions. Choosing the right RMA requires considering tech integration, usability, and trial offers, while prioritizing key hotel needs.
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Potential erosion of US travel demand to the UK and Europe

  • Automatic
  • 13 February 2025
🏨 European hoteliers in 2025 face rising costs, with inflation and higher wages increasing operational expenses, and U.S. economic stress potentially affecting travel. Industry leaders are optimistic, focusing on flexible pricing, repositioning, and acquisitions in the upscale and luxury markets. Conversions lead market trends, while debt costs are a concern. Events and aspirational leisure demand keep the industry buoyant, despite fears of global impact from geopolitical and U.S. economic instability.
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Key trends shaping the hospitality industry in 2025

  • Automatic
  • 13 February 2025
🏨 In 2025, key to hospitality success includes agility and data-driven insights. Efficiency is boosted by AI, which enhances productivity without replacing human creativity. Brands thrive by being customer-centric and aligning with consumer values. Data privacy and ethical management gain importance for consumer trust, while social media strategies now require collaboration with niche creators. CRM and loyalty programs are integrated for better customer experiences. Adaptation to fragmented media consumption and sustainability are essential. Navigating economic and political uncertainties requires flexible budgeting and strategic planning.
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The rise of personal AI agents

  • Automatic
  • 13 February 2025
🔎 On Feb 13, 2025, a discussion on whether AI agents will bypass OTAs for direct consumer-supplier connections in travel or if OTAs will evolve to dominate was highlighted. Key points include the potential disruption of the travel distribution system, with AI agents facilitating direct interactions and possibly signaling a direct relationship "golden age". Despite most hoteliers being unprepared for this shift, content marketing could be crucial for engaging AI agents and attracting valuable customers. The debate continues on whether AI will serve personal or corporate needs, but adaptable technology and high-quality content are deemed vital for hotels to compete in the AI-driven market.
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  • 3 min

FreshAir Sensor Launches FreshAir Certified™

  • Tony Loeb
  • 12 February 2025
🏕 FuturePlus added 84 hotels to its IMPACT CERTIFIED ecosystem due to growing traveler demand for sustainable stays, with 70% feeling overwhelmed by the booking process. Over three years, FuturePlus has been integrating sustainability in hospitality, overseeing more than 4,200 set sustainability ambitions, with over 2,700 achieved. The IMPACT CERTIFIED badge is a trusted mark for transparency, supported by strategic partnerships with Booking.com and Travalyst Compliance. TROO Hospitality joined FuturePlus in September 2022, focusing on a sustainability strategy called TROO Impact. Atlas Hotels, a large Holiday Inn Express franchisee in Europe with 58 hotels, leverages the FuturePlus platform for sustainability initiatives.
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  • 1 min

The Unexpected Intersection of Hospitality and Public Health – Marc Schwarz

  • Josiah Mackenzie
  • 12 February 2025
🔔 Marc Schwarz, Director of Service at Thrive Hospitality, appeared on an episode of Hospitality Daily Podcast on Feb. 12, 2025. The show focused on the intersection of hospitality and public health, where Schwarz shared valuable insights. The episode aims to provide actionable ideas to benefit businesses and the people they serve. The podcast features music by Clay Bassford from Bespoke Sound, a company specializing in Music Identity Design for Hospitality Brands.
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  • 2 min

HBX Group comments on key trend…

  • Travel Weekly Group Ltd
  • 12 February 2025
🏖️ HBX Group's Travel Trends 2025 report highlights hyperpersonalisation as a key factor in tourism purchasing habits. Hyperpersonalisation leads to a 67% increase in consumer spending for a better sales experience, according to Salesloft. Statista reports 92% of shoppers would trade personal information for discounts, and 90% for loyalty rewards. Personal touches like birthday cards in hotel rooms are emphasized for their importance in a personalized customer journey. Businesses are advised to balance marketing to avoid consumer oversaturation and use data effectively for personalized offers.
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  • 4 min

6 upselling trends hotels can’t ignore in 2025

  • Hans Schmidtner
  • 12 February 2025
📢 In 2025, upselling in the hotel industry focuses on personalization and technology, with trends influenced by Millennials and Gen Z travelers. Hilton's 2024 report shows that 52% of Millennials prioritize exploration and adventure. Amidst rising room rates, hoteliers are considering new revenue metrics like Revenue Per Available Square Meter (RevPAM²) and transforming spaces such as meeting rooms and parking lots for better utility. AI enhances personalized upselling through guest data analysis. Hyper-contextual upselling uses real-time data for timely offers, while sustainable upselling aligns with the environmental concerns of 47% of Gen-Z travelers, as reported by YouGov. UpsellGuru, a leading provider of hospitality upsell solutions, is trusted by over 1000 hotels globally for its innovative programs.
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  • 8 min

Guest Experience Trends Shaping 2025 and Beyond

  • Editorial Team1
  • 12 February 2025
🏨 Hotels globally reached a record $11.1 trillion GDP contribution in 2024. Personalization drives guest satisfaction, with mid-tier hotels outperforming luxury ones due to competitive pricing and service. AI reviews challenge authenticity as fraud detection lags. Stricter review policies lowered total reviews but improved quality. The Guest Experience Benchmark Report 2024, based on over 39 million reviews from 11,200 properties, indicates guest expectations and AI are reshaping hospitality. Guest satisfaction rose since Q3 2022, with shifting value perceptions in 2024; Europe, Latin America, and Africa saw trend reversals. Mid-tier hotels' GRI rebounded post-August 2022, attracting 5-star guests. Review volumes dropped due to anti-fraud efforts, with Latin America seeing a 10% decrease in 2023, and Booking.com's market share fell from almost 50% in 2022 to 37% in 2024. Italy's proof-of-purchase law for reviews may reduce volumes if adopted globally. AI-generated reviews threaten to disrupt the feedback loop. Asia leads in Net Promoter Scores, showing earlier pandemic recovery. Response times to reviews improved, dropping to around four days in 2024 from over six days in 2022. High Net Promoter Scores correlate with better revenue and occupancy rates, suggesting reputation analytics should be integral to revenue management.
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The shift to RevPAG

  • Automatic
  • 12 February 2025
🏩 On Feb 12, 2025, a global study reveals the hospitality industry's shift from Revenue Per Available Room (RevPAR) to Revenue Per Guest (RevPAG) for better financial performance analysis. Hoteliers see RevPAG as more accurate, yet face challenges in data collection and integration. Success with RevPAG depends on data analytics, guest profiling, and personalized experiences, enabled by CRM systems, AI platforms, and data visualization tools. Download the full report from Agilysys.
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