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Innovation

4614 posts

Innovation and technology news for the hospitality industry: AI, digital tools and how hotels are transforming, from 10 Minutes News for Hoteliers.

ADR en Hotelería: Estrategias Avanzadas para Maximizar Ingresos y Reservas Directas en 2025

  • Daniel Steinhardt
  • 29 January 2025
💸 Hoteliers often believe increasing revenue only comes from raising rates or filling more rooms, yet a well-optimized Average Daily Rate (ADR) can boost profitability without sacrificing occupancy. The ADR is a strategic tool, not just a metric, indicating the effectiveness of a hotel's pricing strategy. In 2025, hotels mastering advanced pricing strategies and direct bookings will lead the market. For instance, a Madrid hotel with 100 rooms at 80% occupancy, generating €60,000 daily with an ADR of €600, outperforms a competitor with the same occupancy but only €48,000 in revenue due to a lower €480 ADR, resulting in an additional €4.3 million annually. An ADR increase from €180 to €260 during high-demand events like the Mobile World Congress in Barcelona can result in 20% more direct bookings without reducing occupancy. A boutique hotel in Sevilla increasing direct bookings by 25% within three months by integrating real-time price comparison tools and exclusive direct booking benefits showcases the importance of maintaining optimal ADR while boosting direct reservations.
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  • 2 min

SHR Tackles Hotel ‘Cart Abandonment’ with Embedded Booking Engine

  • Tony Loeb
  • 29 January 2025
🌱 HotelREZ, a hotel representation company, partners with Greengage to offer ECOsmart certification, demonstrating hotels’ commitment to sustainability. The partnership makes ECOsmart available to HotelREZ properties across the UK and Europe. Since 2020, ECOsmart has provided Bronze, Silver, Gold, or Platinum certifications, detailing environmental impacts like carbon footprint. HotelREZ integrates the certification into the REZtoMarket content platform and the Cvent tool, highlighting sustainability on consumer sites and GDS platforms. HotelREZ undergoes its own ECOsmart audit.
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  • 3 min

SHR tackles hotel ‘cart abandonment’with Embedded Booking Engine 

  • 10minhotel
  • 29 January 2025
Houston TX, January 29 2025 – Hotel technology specialist SHR has today launched the next generation of its booking engine, specifically designed to reduce booking abandonment by keeping guests fully immersed in a branded…
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  • 1 min

Advanced KPIs Every Hotelier Needs to Track – and How to Optimise Them

  • Josephine Foong1
  • 29 January 2025
🏨 🏨 D-EDGE asserts the importance of advanced KPIs in hotel strategies by 2025 for optimizing performance, increasing profitability, and improving guest experiences. It offers tools to transform hoteliers' approach to KPIs and stay competitive.
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  • 2 min

IDeaS and Benchmarking Alliance Announce Technology Integration Partnership

  • 10minhotel
  • 29 January 2025
Seamless data exchange to enhance market intelligence, pricing strategies for Nordic hotels STOCKHOLM—28 January 2025— IDeaS, a SAS company and the world’s leading provider of hospitality revenue management software, has announced…
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  • 1 min

Transforming Workplaces with Hospitality Principles: Insights from Google – Michiel Bakker, Culinary Institute of America

  • Josiah Mackenzie
  • 29 January 2025
🏦 Michiel Bakker, CEO of the Culinary Institute of America, on January 29, 2025, shared insights from his 12 years at Google, applying hospitality principles that transformed the workplace experience. The episode is supported by Shiji Group, a leading global hospitality technology company. Music by Clay Bassford of Bespoke Sound. The goal is to turn ideas into actions for business benefits.
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  • 5 min

A Modern Point Of Sale’s Place at Luxury Tenerife Hotels

  • Editorial Team1
  • 29 January 2025
🏡 José Muiños Tabares de Nava, Director of Food and Beverage at Luxury Tenerife Hotels, significantly improved Royal River Hotel's operations by implementing an innovative POS system. The upgrade led to reduced service delays, increased guest satisfaction, and operational cost savings. Key criteria for the cloud-based POS choice included reliability, ease of use, integration, scalability, and luxury-level customization. The system's real-time data has optimized the F&B strategy, improving order accuracy, enabling personalized upselling, and thus increasing revenue. Staff training and phased adoption ensured smooth integration with existing infrastructure, while the system's flexibility supports the hotel's expansion plans. Advanced encryption and PCI-compliant protocols secure guest data. Overall, the POS system has enhanced personalized guest service, reduced staff workload, and contributed to a positive financial impact on the hotel.
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  • 2 min

What Superapps Could Mean for the Future of Travel

  • Tony Loeb
  • 29 January 2025
🚀 AirAsia MOVE offers a comprehensive app for booking flights from over 700 airlines, 900,000 hotels, along with ride-hailing, dining, insurance, and shopping options. Saudia’s Travel Companion uses AI for personalized travel services and plans to add voice commands, digital payments, and e-SIM connectivity. For successful travel superapps, 60% of travel industry CXOs see potential in AI for product development, while only 18% see it for creating a superapp. Overcoming technology barriers, 81% of companies met or exceeded expectations with AI investments. Collaboration and high-quality data management are essential for innovation in the travel sector.
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  • 4 min

Turning ‘Blue Monday’ Gold: Mastering Pricing Basics with Technology

  • Tony Loeb
  • 29 January 2025
📓 During the "Blue Monday" period around the third Monday of January, there is a surge in summer holiday bookings. A study of 840 hotels across 17 European cities showed hotels with adaptive pricing strategies earned 8.6% more revenue per available room. Over 28,000 hospitality businesses benefit from combining pricing basics with dynamic pricing, automation, and distribution management. Effective distribution strategies include using Online Travel Agencies for visibility and a Property Management System for rate and booking management. Avoiding pricing mistakes and using automated tools for data-driven decisions are key for year-round success.
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  • 3 min

How Independent Hotels are Relying on PMS Technology to Recoup ROI in 2025

  • Tony Loeb
  • 29 January 2025
🏨 Independent hoteliers face rising costs and high guest expectations in 2025. All-in-one Property Management Systems (PMS) enable efficient operations, reducing the need for multiple tech partnerships and integrations. These systems improve return on investment, streamline operations, and help manage data across departments, including embedded payment processing and loyalty programs. With the ability to share guest data and utilize revenue management tools, multi-property management becomes more efficient. Operators seek technology partners for seamless integration and customized support to quickly realize benefits and profitability.
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