Innovation

🚘 Digital transformation in ground transport has enabled efficient travel, with connected platforms supporting bookings, route comparisons, and deals. Operators, using AI and data analysis, optimize routes, manage demand, and reduce costs, leading to more affordable travel options. 5G upgrades further smooth operations. Sustainable travel is promoted, as customers opt for trains and buses over flights, aware of the lower carbon footprint, with operators using data to minimize emissions. Digital tools enhance resilience in the face of climate challenges.

🛫 Atlas launched Athena, an AI-powered 'digital employee' to enhance airline data quality and content across 150 carriers. In six months, Athena flagged over 10,000 issues, enabling real-time resolution and maintaining seamless booking experiences. Athena automates airline API and HTML monitoring, ticketing quality checks, and data verification, deactivating and reactivating airlines based on performance. CEO Mary Li emphasizes the scale of data quality challenges in airline retailing, where Athena serves as a 24/7 solution.

💻 Guest relationship technology is pivotal for frictionless experiences and lifetime loyalty. The survey of lodging technology decision-makers will unveil top initiatives for 2025, IT budget outlook, persistent challenges, ways to rethink tech ROI, and guest & staff attitudes towards technology.

🔔 IHG Hotels & Resorts selected HotelKey as its approved cloud-based property management system for limited-service brands in the U.S. and Canada. The announcement came during the 2024 IHG Americas Investors & Leadership Conference in Las Vegas, Nevada. HotelKey's platform will enhance performance for IHG brands such as Holiday Inn Express and avid hotels. Deployment at 250 IHG properties is planned by the end of the year, with an aim of 1,500 properties by the end of 2025.

🏡 North America's hospitality industry has transformed, with short-term rentals (STRs) becoming a fast-growing segment in the boutique hotel market. Driven by changing consumer preferences, technology, and platforms like Airbnb, STRs now offer unique, home-like experiences. Factors propelling STR growth include balanced average daily rates (ADRs) with hotels, personalized guest experiences, strategic locations, suitability for large groups and extended stays, and ease of booking through technology. Mews, a property management system, enhances STRs by providing an integrated booking engine, comprehensive management tools, seamless communication, contactless guest experiences, and data-driven insights to support scalability. These advancements help STRs compete by blending the authenticity of STRs with hotel-like reliability and amenities.

📈 "Reclaiming the Direct Booking Advantage: Strategies for Hotels to Enhance Guest Relationships and Optimize Profitability" white paper—created in collaboration with h2c and SHR—offers strategies for increasing direct bookings, trends in guest loyalty, and digital solutions for profitability. Access requires form submission.

🏦 Barcelona, Spain, November 21, 2024 – Paradores, a renowned Spanish hotel chain, continues to bank on Shiji ReviewPro since 2016 for enhancing guest satisfaction and streamlining operations. In 2023, Paradores achieved a record revenue of €328 million and a profit of €25 million, with an NPS score of 66.2% (industry average: 36%) and an average occupancy rate of 71%. Shiji ReviewPro's ORM and GSS tools have been instrumental in these accomplishments, aligning with Paradores' strategy for digital innovation and sustainability for future growth.

📋 The article discusses the challenges and strategies for technology vendors entering the hospitality market, focusing on startups and early-stage companies. The author, former CEO of HTNG with over a decade of experience, has advised hundreds of market entrants. Key points include the complexity of the industry's structure, where technology purchases require agreement among owners, managers, and brands, with brands only buying 10-15% of hotel tech. Successful strategies involve identifying direct customers, understanding the roles of stakeholders, navigating brand integration processes, considering direct or indirect sales approaches, and having sufficient financial runway with sales cycles typically lasting 12-24 months. Practical advice includes focusing on ROI calculations, targeting independents or developers, and dealing with brand relationships and fees. Companies need to be aware of the fragmented, slow decision-making process in the hospitality industry and prepare for high selling costs.

📈 Noida, 21st November 2024: RateGain introduced Demand Booster, a digital marketing solution to increase direct hotel bookings and improve ROAS. It simplifies marketing across search, metasearch, and social media with features like auto budget management. Demand Booster integrates campaign management, performance tracking, and demand intelligence from 1100+ data sources into one platform. Bhanu Chopra, RateGain's Founder, emphasizes the strategic advantages and operational efficiency of the solution. RateGain serves 3,200+ customers in over 100 countries.