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Innovation

4613 posts

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

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  • 3 min

Leveraging TrustYou for Digital Transformation and Tourism Development

  • Cara Lai Miles
  • 17 January 2025
🏖 Leandro Carvalho Lima, since 2014, has been working on tourism development in Mato Grosso, Brazil. The Tourism Observatory, created in 2020, uses data-driven strategies and TrustYou to improve tourism. TrustYou helps monitor over 120 establishments, automating the collection of feedback and KPIs, such as response rates and reviews. The IDTUR Index was developed to track destination performance. Recognition includes second place in the National Tourism Award. Partnerships extend to international tourism observatories, enhancing benchmarking and sustainable tourism development.
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  • 5 min

From Data Overload to Strategic Brilliance: How AI is Transforming Revenue Management

  • Rohit Kumar
  • 17 January 2025
📈 A McKinsey study shows AI in revenue management boosts profitability by 20-30%. By 2026, 75% of large enterprises will automate decision-making in this area, per Gartner. AI transforms RMs from operational to strategic roles, enhancing data analysis, predictive forecasting, rate adjustments, and personalized guest experiences. Rate Behavior Intelligence (RBI) from RateGain’s Navigator platform further empowers RMs with competitor insights and market positioning tools. AI is now a strategic enabler in hospitality, essential for competitive advantage and strategic leadership.
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Invig Consulting to Bring PizzaForno’s 24/7 Automatic Pizza Vending Machines to West Coast Convenience Stores

  • Tony Loeb
  • 17 January 2025
🍕 Duetto, a leading revenue management software provider for hospitality, released a 2025 trends report, indicating challenges like increased costs and the need for AI and personalization. A global survey showed 54.5% plan to buy a revenue management system, and 61.1% will boost tech budgets. AI's role in revenue management is underscored, especially in predictive forecasting and dynamic pricing. Personalization is pivotal for guest experiences, with digital journeys and tailored pricing being key. New revenue metrics like TRevPOR and GOP are gaining traction over RevPAR. Data integration is crucial for actionable insights. Perspectives are from Hotel Tech Report, Sandos Hotels & Resorts, CP Hospitality, Noble House Hotels & Resorts, Sandman Hotel Group, and Grand Metropolitan Hotels.
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  • 3 min

Duetto’s 2025 Hospitality Trends Report Reveals Hoteliers’ Biggest Challenges

  • Tony Loeb
  • 17 January 2025
💸 Duetto, a leading hospitality industry revenue management software provider, released its 2025 hospitality trends report. The report, sourced from a global survey of hoteliers, indicates that increased costs, AI, personalization, evolving revenue metrics, and data are the primary challenges for this year. 54.5% of respondents plan to purchase a revenue management system in 2025; 61.1% will increase their technology budgets. Hoteliers are shifting focus from RevPAR to TRevPOR and GOP for better profitability insights. AI is seen as crucial for predictive forecasting and dynamic pricing, while personalization is expected to enhance guest satisfaction. Data integration into revenue strategies is vital, and the report includes insights from sectors like meetings, events, and casinos for a comprehensive industry outlook.
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  • 3 min

The AI-powered future of revenue management | Duetto

  • Duetto Content Team
  • 16 January 2025
🏨 AI in revenue management is rated 4.5/5 in importance by global hoteliers, with 47.2% naming it the top industry challenge. AI aids in predictive forecasting (86.1%), dynamic pricing (69.4%), and competitive intelligence (58.3%). Generative AI, a new frontier, could personalize pricing and booking channels. AI democratizes advanced strategies for small hotels and complements human expertise as an advisor. The 2025 hospitality trends report includes actionable AI integration steps and insights from industry leaders.
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  • 3 min

AI and the transformative era of revenue management | Duetto

  • Duetto Content Team
  • 16 January 2025
💻 AI is reshaping revenue management and guest experience in the hospitality industry, with personalized pricing and new booking channels emerging. By the second half of 2025, consumer-facing applications for personalized pricing are expected. AI levels the playing field, allowing small properties to adopt advanced revenue management strategies. Key performance indicators (KPIs) such as return on ad spend (RoAS) and labor expense are being redefined with AI, focusing on cost efficiency and marketing return. A dual strategy, balancing short-term competitiveness and long-term innovation, is crucial. Rising tech spend due to labor costs will push the adoption of AI automation, emphasizing user-friendly technology. Success hinges on agility, AI prioritization, and partnering with tech providers.
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  • 2 min

G6 Hospitality Partners with HotelKey to Enhance Technology Infrastructure for Motel 6 and Studio 6 Brands

  • Tony Loeb
  • 16 January 2025
🏨 G6 Hospitality, part of OYO's portfolio, announced a partnership with HotelKey to maintain its Property Management System across Motel 6 and Studio 6 brands in the US and Canada. The event in Nagpur, Maharashtra, India, included dignitaries like Shri Nitin Gadkari and Ritesh Agarwal. G6 plans to expand by over 150 hotels in 2025, growing its North American network of over 1,500 properties. HotelKey, noted for its high adoption rates, will facilitate operational optimization and guest experience enhancement across G6 properties.
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  • 5 min

How Will Hospitality Tackle Its 2025 Staffing Crisis?

  • Tony Loeb
  • 15 January 2025
🏩 Hospitality industry faced an all-time high exit rate last year with over 3 million people quitting. Millennials and Gen Z, being the world's largest demographic entering the workplace, are redefining hiring with their digital savvy and value-driven job expectations. Applicant Tracking Systems (ATS) and AI are utilized to optimize recruitment, reduce response times, and automate workflows. 43% of hotels report housekeeping as an ongoing staffing challenge. The article emphasizes the importance of company culture and personalized recruitment strategies to attract and retain top talent.
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  • 2 min

Restaurant Tech Spotlight at NRF: Transforming Jack in the Box

  • Tony Loeb
  • 15 January 2025
💾 At NRF, Cook's strategy for transforming technology infrastructure at Jack in the Box was unveiled, focusing on Stabilize, Modernize, and Optimize pillars. Operational stability was prioritized by reducing help desk calls, improving system availability, and refining legacy applications. The modernization phase recruited digital talent and executed a tech roadmap, including POS systems. Optimization introduced digital menu boards, AI for personalization, and automation. Comcast Business provided essential connectivity and managed services, facilitating innovation and ensuring scalability. Cook acknowledged tech partners like Qu POS, World Wide Technology, Verifone, and others in a LinkedIn post.
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  • 5 min

International chef at Mandarin Oriental praises Williams’ global reliability

  • Megan Carley
  • 15 January 2025
🧸 Mandarin Oriental Mayfair, a 5* London hotel, outfitted its kitchens with Williams Refrigeration equipment in a project completed in spring 2024. The hotel features multiple restaurants, including Akira Back and Dosa, totaling 800 covers daily. Executive Head Chef Jihun Maxime Kim oversees culinary operations, emphasizing the importance of reliable, easy-to-clean, and energy-efficient refrigeration. The project included coldrooms, blast chillers, and custom Chef's Drawers. The Galgorm Group and consultant Humble Arnold Design worked on the project, overcoming Covid-related delays.
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