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Innovation

4457 posts

[[ 9 ]]

How Europe’s DMA Is Changing Hotel Marketing on Google

  • Tony Loeb
  • 18 December 2024
💰 Hostaway, an all-in-one vacation rental software founded in 2015, has secured a $365 million investment led by General Atlantic with PSG Equity's participation. The company, having over 230 employees across 44 countries, manages properties in over 90 countries and offers over 200 marketplace partners. The investment will support Hostaway's international expansion, product development, and AI initiatives, making General Atlantic and PSG Equity significant minority shareholders. Hostaway is recognized by Airbnb, VRBO, and Booking.com and intends to expand in France, Italy, and Spain, leveraging the growing $133 billion GMV short-term rental market.
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Flexa, Nighthawk Wallet Integrate

  • Tony Loeb
  • 17 December 2024
🏠 Hostaway, a vacation rental software, secured a $365 million investment led by General Atlantic with PSG Equity participation. Founded in 2015, Hostaway operates in over 90 countries with 230 employees across 44 countries. It is the first to earn top partnership designations from Airbnb, VRBO, and Booking.com. The short-term rental sector is a $133 billion market, growing at a 12% CAGR. Hostaway will use the funding for international expansion, product development, and AI initiatives.
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  • 4 min

How AI and Data Come Together to Personalize the Guest Journey

  • Yogesh Sejwal
  • 17 December 2024
📈 AI and data integration are transforming the hospitality industry, enabling hotels to offer personalized experiences and make informed decisions for strategic growth. Central to this evolution, tools like Thynk aggregate guest data from various platforms, allowing for predictive analytics and hyper-personalization. Smart rooms equipped with AI learn guest preferences to enhance comfort, while AI-driven menus curate unique dining experiences. The synergy between data and AI not only improves guest satisfaction but also optimizes resource allocation and reduces operational costs. CBRE underscores AI's impact, unifying guest data for consistent journeys. This intelligent use of data is setting new standards in hospitality, promising a future where personalized experiences are the norm.
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  • 1 min

The Human Side of Hotel Tech: A GM’s Perspective – Justin Rodriguez, Shashi Hotel

  • Josiah Mackenzie
  • 17 December 2024
🏨 General Manager Justin Rodriguez from Shashi Hotel discussed the impact of technology on hospitality on Dec. 17, 2024. The hotel, located in Silicon Valley, utilizes technology for customizable guest rooms and operations. Topics included staff adaptation to new tech, the use of guest data for service enhancement, and tech-driven unique services. Insights into future hospitality trends were shared. Rodriguez also mentioned additional resources, such as a related episode featuring Dipesh Gupta from the Shashi Group and an invitation to a survey on hotel industry insights.
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  • 3 min

Starbucks Plans to be ‘Best Job in Retail’

  • Tony Loeb
  • 17 December 2024
☕ Starbucks CEO Brian Niccol announced doubling paid parental leave for U.S. employees working 20+ hours weekly, starting March – birth parents get 18 weeks, non-birth parents 12 weeks fully paid. The company offers competitive pay, 100% tuition coverage through the SCAP, healthcare, Bean Stock grants, and student loan management via Tuition.io. Starbucks fills 90% of retail leadership roles internally. Amidst a tight labor market, 75% of hospitality managers worry about consistent customer experience, and 70% fear staff burnout. Starbucks also removed milk alternative surcharges, reducing costs for nearly half of U.S. customers by over 10%. Niccol joined Starbucks in September, prioritizing technology investments and app improvements.
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  • 4 min

Maximizing Guest Engagement: How Hotels Can Boost Holiday Event Attendance

  • Tony Loeb
  • 16 December 2024
📆 During the holiday travel season, hotels leverage calendar marketing tools to enhance guest experiences and boost event engagement. Innovative strategies include subscription calendars, seamless event reminders, personalized event experiences, and streamlined RSVPs. These practices aim to keep hotel events top of mind amidst the busy season. Michael Nilsson, CEO of AddEvent, highlights the importance of these tools for the 250K+ customers served by his company, including Fortune 500 clients.
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  • 2 min

AVANT-Owner Now Available on Oracle Cloud Marketplace

  • Tony Loeb
  • 16 December 2024
🏖 Hostaway's 2024 STR Market Report indicates a shift in property managers' concerns from technology to growth and scaling complexities, now ranked as top challenge. Climate-related concerns surged, with an 8% focus among managers, reflecting 24 times more mentions than the previous year. Economic volatility dropped out of the top eight concerns. AI adoption and dynamic pricing use grew by 45%. Over 300 property managers across 51 countries participated in the survey.
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Dutch Bros Coffee Taps Former Retail Exec for Chief Technology and Information Officer

  • Tony Loeb
  • 16 December 2024
💾 AVANT-Hospitality Solutions, part of Oracle PartnerNetwork, announced AVANT-Owner, an operational management system with robust accounting for condo properties, is now available on Oracle Cloud Marketplace. The solution integrates with OPERA Cloud through Oracle Hospitality Integration Platform, utilizes APEX reporting tools, and runs on Oracle Cloud Infrastructure (OCI), offering scalability, security, and high performance. Felicitas Sarciat, CEO of AVANT, emphasizes the ease for Oracle community customers to benefit from AVANT-Owner in meeting ownership management needs.
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Domino’s Latest Promo Leverages Loyalty

  • Tony Loeb
  • 16 December 2024
📈 Hostaway’s 2024 STR Market Report, surveying 300+ property managers in 51 countries, reveals growth and scaling as the top challenge, replacing technology concerns. Cleaning/maintenance ranks second. Climate-related worries spiked, mentioned 24x more than last year, accounting for 8% of responses. Economic volatility fell from fifth place and is no longer a top-eight concern. AI adoption and dynamic pricing soared, with a 45% increase in use for decision-making and strategy. The industry is shifting focus to adaptability and resilience against environmental changes.
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  • 3 min

The One Gadget You Always Take When Traveling

  • Nashi Dasgupta
  • 15 December 2024
📌 STAAH team members reveal their essential travel gadgets: Garmin GPS Watch for fitness tracking; AirPods for entertainment; Mini Luggage Digital Weighing Scale to avoid check-in surprises; Hong Thai Inhaler for energy; extension cord for device charging; flashdisc for data transfer; Dyson Airwrap for hair care; Anker 334 Magnetic Power Bank, Portable Wi-Fi Modem, Connector (Type C Pin > USB + HDMI), Bluetooth speaker, headset for connectivity; UV Care Pocket Sterilizer for sanitization; Apple AirTag for item tracking. Also recommended are Universal Travel Adapter, Aircraft Bluetooth Connector, Tripod/Selfie Stick, and GoPro for ease and convenience in any travel scenario.
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