Innovation

💻 Digital transformation with AI improves productivity for 66% of businesses. AI enhances insights for 53%, reduces costs for 40%, and improves relationships for 38%. While 74% aim for revenue growth, only 20% achieve it. AI transforms business functions, with 34% creating new processes. Generative AI impacts search and content, while agentic AI aids customer support and R&D. Workforce adjustments focus on AI fluency (53%) and upskilling (48%), while new roles like AI operations managers emerge.

💸 India, 10th March 2026: RateGain Travel Technologies launched RG Pay, a unified tech infrastructure aimed at improving revenue realization in the travel and hospitality industry. RG Pay addresses checkout and settlement inefficiencies by embedding fintech innovation within RateGain's platform. It enhances transaction reliability and offers payment flexibility. RG Pay will pilot in key markets, aligning with RateGain's aim to create a unified commerce system. RateGain serves 13,000+ customers in 160+ countries with AI-powered solutions.

📰 Barcelona, March 10, 2026 – Shiji announces a strategic partnership with Omnibees, boosting Latin American hotel connectivity through CN Booking, China's major B2B platform. Omnibees, with over 9,000 hotels, expands its global reach, especially into Asia. Shiji, serving 91,000 hotels globally, enhances its technology solutions. Omnibees sells 50 million room nights annually and operates in 45 countries. This partnership opens new revenue streams and strengthens global hospitality connections.

💻 AI is transforming hotel bookings. The shift from mobile-first to AI-first enables personalized upselling, boosting revenue. AI can increase auxiliary spend by 106%, with 17% more revenue generated post-booking. Despite a potential 25% drop in conversions due to overwhelming choices, AI offers curated experiences, enhancing guest satisfaction and loyalty. Investment in AI helps hotels offer more than just rooms, reducing third-party commissions and competing on experience, not just price.

📈 High profitability in the hospitality industry is hampered by manual data handling, leading to "spreadsheet wars" and fragmented insights. Critical decisions are often based on outdated information, causing internal friction. Traditional metrics like RevPAR are misleading; instead, focus on NetRevPAR and Total Guest Value. Automated data integration, real-time analysis, and comprehensive KPI tracking eliminate these inefficiencies, enabling strategic growth. Demand Calendar offers a solution, streamlining operations and enhancing decision-making for higher net profitability.

🏨 Mar 10, 2026: Hotels are integrating AI. Hyatt revamped its search in early 2025, boosting booking rates and group sales by 20%. In Feb 2026, it launched a ChatGPT app. Accor, since Jan 29, 2026, uses ChatGPT for discovery, with 5,700 hotels visible. Marriott negotiates priority with Google AI since Feb 2026. On Mar 4, 2026, Lighthouse launched The Hotels Network app on ChatGPT, enabling direct bookings for any hotel size without commissions, a significant shift in AI integration.