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Innovation

4455 posts

[[ 9 ]]

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  • 1 min

Loyalty Lessons From McDonald’s Q1 Earnings Report

  • Tony Loeb
  • 1 May 2025
🍫 McDonald’s digital investments, such as in-app ordering, drive loyalty and create a more convenient customer platform. Despite a 3.6% decline in U.S. sales in Q1 2025, loyalty program spending remains robust, acting as a revenue stabilizer. Centralized platforms with shared data ensure consistent loyalty experiences, vital for personalization and smarter decision-making. McDonald’s personalizes offers based on customer habits, encouraging repeat visits and increased spending. Quick-service restaurants (QSRs) can leverage customer data platforms (CDPs) for unified data insights and effective personalized campaigns.
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  • 2 min

Hospitable Launches Dynamic Pricing Tool

  • Tony Loeb
  • 1 May 2025
💾 Hospitable, a property management software, unveiled its dynamic pricing tool designed to assist hosts and property managers in automating pricing and enhancing revenue by responding to market trends. This industry-first feature is built-in and provided at no additional cost. Hospitable’s upcoming report indicates 57.2% of hosts are not meeting occupancy goals, and 28.9% find pricing challenging. The tool offers real-time, hyperlocal pricing and allows for a 30-day trend preview, with a special one-month offer of a 24-month preview. CEO Pierre-Camille Hamana emphasizes the tool's simplicity, intelligence, and practical support for hosts. Available to all customers on Host, Professional, or Mogul plans, the tool is part of Hospitable's evolution into a short-term rental super app, launched in 2016.
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  • 2 min

Cendyn’s Technical Investment in Guestrev and Grouprev Demonstrates the Company’s Commitment to its RMS Customers

  • Tony Loeb
  • 1 May 2025
🏡 Hospitable, a property management software, announces its dynamic pricing tool to assist hosts and property managers in increasing revenue and automating rate settings. The tool, a PMS industry first for being built-in with no extra cost, responds to real-time market trends and offers hyperlocal pricing recommendations. The launch addresses the issue that 57.2% of hosts struggle with occupancy goals, and 28.9% find managing pricing challenging. Hospitable offers a 30-day pricing trend preview, and for the first month post-launch, users can access 24 months of insights. CEO Pierre-Camille Hamana highlights the tool's ability to set smarter rates and provide market visibility without extra fees or integrations. The tool is available for all Hospitable customers across Host, Professional or Mogul plans. The full industry report with 2025 host insights is slated for release next week. Hospitable, founded in 2016, has expanded from a PMS to a comprehensive solution, including AI-powered guest messaging and direct booking website management.
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  • 2 min

Toast Launches ToastIQ to Superpower the Future of Restaurants

  • Tony Loeb
  • 1 May 2025
💾 Hospitable, a property management software, launched its own dynamic pricing tool, aiming to help hosts and property managers increase revenue and automate rate-setting. According to Hospitable, 57.2% of hosts struggle with occupancy goals and 28.9% with pricing management. The tool provides real-time, hyperlocal pricing recommendations using trusted market data, and it's fully integrated into the platform with flexible settings and a heatmap of live market demand. Initially, users get a 24-month preview of pricing trends for free. This new feature is included at no extra cost in all Hospitable's Host, Professional, or Mogul plans. CEO Pierre-Camille Hamana emphasizes the tool's built-in, intuitive design and the elimination of extra fees or complex integrations. Launched in 2016, Hospitable has expanded from a PMS to a comprehensive suite that includes AI-powered guest messaging, rate optimization, and direct booking capabilities.
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  • 2 min

Are Human Concierges a Relic of the Past? MGM Seems to Think So

  • Tony Loeb
  • 1 May 2025
📱 MGM Resorts International sees 80% of guest interaction going digital as of Q1 2025, according to CEO Bill Hornbuckle. Public opinion is mixed with some TripAdvisor and Reddit users considering concierge services outdated due to smartphones. While MGM and startups like SelfServe push for digital solutions, Orascom Hotels Management won the 2024 Hotel Visionary Award for its personalized service, eliminating front desks in favor of Experience Ambassadors who provide 24/7 communication via WhatsApp. The hospitality industry is divided on adopting digital or human concierge services to meet guest expectations.
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  • 3 min

Hospitable launches powerful new dynamic pricing tool as 57% of hosts report occupancy struggles

  • 10minhotel
  • 1 May 2025
Over half of hosts are missing occupancy targets, and nearly a third struggle with pricing –Hospitable responds with an intelligent, embedded solution powered by trusted data sources SAN FRANCISCO, 1…
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  • 2 min

FAT Brands Announces Appointment of Taylor Wiederhorn as Co-CEO

  • Tony Loeb
  • 1 May 2025
🏨 SuiteOp announced a strategic partnership with vacation rental platform Hostfully to provide an integrated guest operations system. SuiteOp’s ecosystem automates property management tasks such as cleans, inspections, team coordination, managing smart devices, guest screening, and upsells. Hostfully, with customers in over 100 countries, now offers seamless two-way integration with SuiteOp, streamlining operations and guest services by removing manual entry and third-party tools. The collaboration aims to eliminate operational complexity and improve hospitality at scale.
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  • 5 min

106 – Brand vs Performance, a scale

  • Martin Soler
  • 1 May 2025
📈 Marriott acquired citizenM brand for $355 million, including 36 hotels and 8,544 rooms globally. GHA DISCOVERY loyalty program reached 30 million members, with a 60% increase in DISCOVERY Dollars redemption. The first banner ad in 1994 achieved a 78% click-through rate, while Facebook ads in 2011 had a 0.05% rate. Marketing strategies scale from pure brand-building (sponsorships, PR campaigns) to direct sales, each activity gaining a value from 1 to 1000 based on its position on the brand-performance scale. 🏨
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  • 3 min

STAAH Product Updates You Can’t Miss – April 2025

  • Nashi Dasgupta
  • 1 May 2025
💳 Max V2's April 2025 upgrades increase control, speed, and efficiency with new features like Payment Connect and Custom Widget Builder in SwiftBook, and smarter Channel Integrations. Master and Sub Users can verify WhatsApp numbers, with OTPs also sent to email. 'Payment Connect' showcases payment gateways, with a self-connect feature for partners like Kovena and Stripe, while non-hosted gateways are renamed for clarity. Custom Widget Builder now integrated into Max Extranet improves security and usability, supporting multiple designs and settings. New integrations include TA Network and Hotelzify, enhancing B2B connectivity and hotel direct bookings. SwiftBook's upcoming feature will recover abandoned carts, offering a 'Welcome Back' message, dependent on cookie consent. No cookie consent means no change in booking experience.
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  • 1 min

Don’t Assume, Listen: Margaritaville’s Secret to Guest-Led Innovation – Claudia Infante, Margaritaville

  • Josiah Mackenzie
  • 1 May 2025
🏩 Claudia Infante, Chief Data Officer at Margaritaville, reveals their innovation strategy on May 1, 2025: listen to guests and partners for improved products and customer satisfaction. Utilize the episode to inspire your team and enhance your business's service quality. 🎵 Soundtrack by Bespoke Sound, specializing in Music Identity Design for Hospitality Brands.
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