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Innovation

4515 posts

[[ 9 ]]

The future of hotel PMS

  • Automatic
  • 10 December 2024
🏨 Hospitality Show in San Antonio on Dec 10, 2024, highlighted hoteliers' shift towards advanced property management systems. Key benefits include: streamlined operations, elimination of data silos, reduced maintenance costs through cloud-based platforms, time savings from automation and guest-facing tools for tasks like kiosk check-ins, and the transformation of guest data into actionable insights for personalization and revenue enhancement.
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How digital experience shoppers are shaping retail

  • Automatic
  • 10 December 2024
🛒 On Dec 10, 2024, PwC's 2024 Holiday Outlook Survey highlighted Digital Experience (DX) Enthusiasts in the US who mix physical and digital retail, influencing stores to adopt technologies like smart fitting rooms and virtual try-ons. These shoppers seek personalized, technology-driven shopping experiences and favor digital/mobile payments for speed, while also valuing brand reputation and image for loyalty and purchases.
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  • 4 min

Combatting Fraud Together: Best Cybersecurity Practices for Hotels

  • Automatic
  • 9 December 2024
🛈 A report highlights cybersecurity vulnerabilities affecting all top 10 travel and hospitality websites, with bad actors targeting peak travel seasons to exploit increased traffic. Social engineering via phone calls and emails, using AI and deepfake technology, threatens hotels. 31% of hospitality organizations have experienced a data breach. Retail & Hospitality ISAC provides cybersecurity standards and practices. Best practices include data encryption, multi-factor authentication, software updates, staff training, risk assessments, and collaborative industry defense strategies.
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  • 2 min

Talk It Out: Why Voice AI is the Future of Hospitality Service

  • Automatic
  • 9 December 2024
🎙 87% of U.S. hotels face staffing shortages, leading to the adoption of voice AI in hospitality for services like FAQ answers, reservations, and identifying upsell opportunities. These AI systems reduce customer wait times significantly by providing 24/7 support and natural-sounding interactions. Despite early predictions, voice remains the preferred channel over chat for customer service, with the technology set to handle more complex tasks and offer personalized experiences in the future.
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  • 2 min

Enhancing Food Ingredient Supply Chains with Technology

  • Automatic
  • 9 December 2024
💻 A food distributor achieved a 25% reduction in spoilage with automated temperature tracking. AI cameras in a food manufacturer's inspection process prevented contamination and potential recalls. Global food distributors use cloud-based systems for real-time shipment monitoring, ensuring regulatory compliance and product quality. Challenges include high initial costs, data security, and employee training. Technologies like blockchain and AI predictive analytics promise a transparent, efficient future for food ingredient supply chains.
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  • 2 min

Zero-click search will change metrics, will it change conversions?

  • Martin Soler
  • 9 December 2024
🔍 Zero-click search, where no website clicks are needed due to search engine snippets and rich pages, is set to increase with AI like Perplexity and OpenAI. E-commerce and hotels may see less website traffic but higher conversion rates, while blogs and news sites face a fundamental shift with no conversions. The speed of this shift is uncertain, but ease of use often drives adoption. Marketers must adapt metrics, focusing on brand impressions and search engine metrics over page views, and reevaluate SEO strategies for AI optimization.
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  • 7 min

Transforming Belmond Hotels with tech according to Thomas Moons

  • Editorial Team
  • 9 December 2024
📱 Thomas Moons, Area Managing Director for Spain and Portugal at Belmond Hotels, discusses the integration of technology in luxury hospitality, aiming for a balance between innovation and maintaining the personal touch for a unique guest experience. Key strategies include using AI to tailor guest preferences and automating routine tasks, allowing staff to focus on meaningful interactions, with a plan to integrate AI in concierge services by 2025. Belmond prioritizes sustainability through efficient systems and minimizes visible technology to preserve the traditional ambiance of properties like La Residencia, a Mallorca hotel. They manage reputation with AI that analyses feedback for actionable insights and limit outside access to maintain exclusivity for hotel guests. Belmond foresees technology redefining luxury through personalization and sustainability while maintaining human connections.
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  • 6 min

Next Generation Travel Tech: How AI is Reshaping the Future of Travel – WiT

  • Yeoh Siew Hoon
  • 9 December 2024
🏠 In Singapore, Sentosa Island hosted the Global Travel Tech Thinktank with 50 executives from Booking, Agoda, Klook, and Trip.com discussing AI's impact on the future of travel technology. AI is personalizing travel with tasks like itinerary summarization and interpreting traveler intent, but with limits due to its unpredictability. Privacy concerns are shaping AI use, with suggestions to use on-device AI for personalization without compromising data. AI is transforming customer service jobs, supporting language translation, and offering potential for inclusive travel experiences by understanding intent. The future may see AI-driven interfaces for travel websites, enhancing user experience. Ethical AI and industry collaboration are essential for harnessing AI's full potential in travel tech.
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  • 3 min

HTL Hotels Implements Shiji ReviewPro to Transform Guest Communication and Boost Satisfaction

  • Automatic
  • 9 December 2024
🏨 HTL Hotels in Argentina improved guest satisfaction by adopting Shiji ReviewPro in Hollywood, Florida, on December 9, 2024. The technology enhances communication with nearly 20 automated guest interactions for each of the four hotel properties, ensuring 99.4% issue resolution and 92.5% prompt response rate. HTL's operational efficiency and direct bookings have increased, with substantial gains in in-stay and post-stay feedback conversion, especially via WhatsApp. The integration aligns budget and bonus policies with guest feedback, boosting Net Promoter Score (NPS) and Global Review Index (GRI).
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OTAs vs. AI Agents: The evolution of travel booking

  • Automatic
  • 9 December 2024
📈 Online travel agencies (OTAs), utilizing economies of scale and network effects, currently dominate the travel industry. On December 9, 2024, a shift is predicted as AI agents, especially those driven by large language models (LLMs), are expected to challenge this dominance by autonomously searching, comparing, and booking travel without the need for OTAs' scale, contracts, and branding. This technological advancement enables highly personalized travel options, presenting a significant challenge for OTAs and platforms like Google to innovate or pivot to remain relevant in the face of AI disruption.
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