Taiba Investments and Hilton to Introduce Madinah’s First Waldorf Astoria
This article was written by Hotel Executive. Click here to read the original article
Share
Posts by author
Automatic
2359 posts
Noodles & Company Launches Online Store
🏢 Accor's research, with input from 9,000 global professionals, reveals that face-to-face meetings could increase revenue by 36%. Professionals expect to close 37% more deals via in-person interactions, with 85% believing it would significantly boost revenue. Additionally, 92% rate in-person meetings as important with clients, 85% with colleagues, and 68% prefer it for client presentations. The main reason for business travel (34%) is closing deals. Despite the digital shift, 68% still favor in-person interactions for critical business activities. Sophie Hulgard, Chief Sales Officer at Accor, emphasizes the irreplaceable value of face-to-face meetings for business success.
Share
IDeaS Unveils the 2025 Predictions Shaping Hospitality
📱 Accor research reveals professionals expect a 36% revenue increase with in-person meetings. The study included 9,000 global professionals, with 85% predicting revenue boosts from face-to-face interactions, and an estimated 37% more deals closed. In-person meetings are valued over virtual, with 92% deeming it important for external clients, and 85% for internal colleagues. One in-person meeting equals three virtual ones in impact; 41% find face-to-face more effective, especially for sales and company culture. Business travel is driven by deal closures (34%), client meetings (31%), and negotiations (30%). Despite digital tools, 68% prefer in-person client presentations, and 77% for site inspections. Sophie Hulgard of Accor emphasizes the irreplaceable commercial value of personal interactions.
Share
Appart’City Selects IDeaS G3 RMS to Optimise Revenue Across European Aparthotel Portfolio
💸 On 12 November 2024, Appart'City, France's leading aparthotel operator with a portfolio of 90 properties, announced a partnership with IDeaS, a SAS company, to optimize and automate revenue management across its approximately 12,000 rooms. The adoption of IDeaS G3 RMS enables Appart’City to adjust rates dynamically, leveraging advanced analytics and real-time pricing strategies for maximized revenue and occupancy. The phased implementation aims to equip Appart'City for future revenue operations, focusing on both long- and short-stay demand.
Share
Accor Finds Professionals Value Face-to-Face Meetings
📈 Accor's study with 9,000 professionals worldwide reveals 85% expect a 36% revenue increase by prioritizing in-person meetings. Professionals believe they could close 37% more deals face-to-face, with 81% agreeing better outcomes would result. In-person meetings are considered worth the investment by 35% of respondents, with 92% finding them important for external and 85% for internal interactions, and are preferred threefold over virtual meetings. Key reasons for business travel include closing deals (34%), client/contract negotiations (31%/30%), and attending events/trade shows (30%). Despite digital tools' convenience, a hybrid model of digital and in-person meetings is now standard, with human interaction remaining crucial for successful business endeavors.
Share
OhWaiter, Stellar Menus Merge to Form MilesCX
📱 Accor's new research involving 9,000 global professionals reveals that face-to-face meetings could boost revenue by 36%. A robust 85% of respondents believe prioritizing in-person meetings would significantly increase revenue, while 81% feel more deals could be closed. Face-to-face interactions are preferred by 92% for external clients and 85% for internal colleagues, and are considered three times more impactful than virtual meetings. 34% cite closing deals as the main reason for business travel. Despite digital tools, professionals favor in-person meetings for crucial business activities: 68% for client presentations, 77% for site inspections, and over 70% for high-stakes negotiations. Sophie Hulgard of Accor emphasizes the irreplaceable connection and commercial value of face-to-face interactions for business strategy and growth.
Share
IHG Hotels & Resorts Selects HotelKey as First Approved Cloud-based Property Management System in the U.S. and Canada
📈 Accor's research reveals professionals believe revenue could increase by 36% with all key meetings in person. 9,000 professionals globally indicate 85% expect revenue boost from prioritizing face-to-face meetings. One in-person meeting equals three virtual ones in impact, with 41% favoring in-person for business effectiveness. Key reasons for business travel include closing deals (34%), client and contract negotiations (31% and 30%, respectively), and events/trade shows (30%). Despite digital tools, 68% prefer in-person client presentations, with a strong preference for direct interactions in high-stakes situations like deal closures (74%) and negotiations (70%). A hybrid model of digital and in-person meetings is emerging, with a focus on the irreplaceable value of physical interactions for business success.
Share
Lighthouse Announces $370 Million Series C Investment Led by KKR to Accelerate Platform Innovation and Growth
📊 Accor's research, involving 9,000 global professionals, concludes that prioritizing in-person meetings could increase revenue by 36% annually. 85% of these professionals believe face-to-face meetings will significantly boost their revenues. 92% agree that in-person interaction is important with external clients, while 85% find it important with internal colleagues. 68% prefer in-person client presentations; 77% opt for in-person site inspections over virtual alternatives. Key reasons for business travel include closing deals (34%), client negotiations (31%), contract negotiations (30%), events and trade shows (30%), and business strategy (20%). Sophie Hulgard, Accor's Chief Sales Officer, emphasizes the irreplaceable value of human interaction in business.
Share
Phunware Survey on Resort Guest Digital Experiences Highlights Connection Between Mobile App Integration and Guest Satisfaction
📈 Accor's study with 9,000 professionals indicates 85% believe prioritizing in-person meetings could significantly boost revenue by an average of 36% within a year. A potential 37% more deals could be closed face-to-face. In-person meetings are considered more effective by 92% for external and 85% for internal interactions, equating to the impact of three virtual meetings. Business travel is driven by a 34% need to close deals, while 68% prefer in-person client presentations, and 77% for site inspections. Despite digital advances, the human touch remains critical for business success and fostering relationships.
Share
Thynk Announces Inclusion in Salesforce’s Agentforce Partner Network with Hospitality AI Sales Agent
📈 Accor's research involving 9,000 global professionals reveals that prioritizing in-person meetings could boost revenue by 36%. A staggering 85% of respondents believe face-to-face interactions will significantly enhance their revenue. Data indicates 92% find such meetings important with external clients, 85% with internal colleagues, and one in-person meeting equals three virtual ones. Business travel is driven by commercial return, with 34% traveling to close deals and 30% for events and trade shows. Sophie Hulgard, Accor’s Chief Sales Officer, emphasizes the billions added to the global economy through face-to-face meetings, highlighting their irreplaceable value in business.
Share