Hotel Tech Innovation Must Prioritize Marketing Over Features as Advertising Reaches Record GDP Share
📊 In the last decade, the hotel tech market more than doubled, driven by an 84% increase in app submissions due to AI advancements. Today, global advertising captures the highest GDP share ever recorded. Winning SaaS companies allocate 44% of costs to sales and marketing, versus 31% to product. Direct bookings, despite hidden costs, offer more customer control. Revpar is outdated; revenue per square meter offers better insights. Fact-checking data is critical in this info-saturated era.
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