Innovation

🏨 Renaissance Hotels, part of Marriott Bonvoy, launches R FINDS, a global digital marketplace, on the 10th anniversary of Global Day of Discovery. With 175+ curated products representing over 170 properties globally, R FINDS benefits local artisans and businesses commission-free. Global Day of Discovery events held on November 19 across all properties, with the marketplace highlighting local creators from diverse locations such as Mexico, India, Spain, and the US. The initiative is supported by Renaissance Navigators and partnerships like Wallpaper magazine and contributions from chefs like Sophia Roe.

📍 Renaissance Hotels, a Marriott Bonvoy brand with 170+ properties, launches R FINDS, a digital marketplace, on the 10th anniversary of its Global Day of Discovery. R FINDS features 175+ products from local artisans and small businesses, curated by the hotel's Navigators. The commission-free platform supports local economies and offers goods such as handcrafted items, artisanal foods, and home decor. Global Day of Discovery events occurred on November 19, promoting local communities and their businesses. Visit www.R-Finds.com for neighborhood finds from around the world.

🏩 Empathy, adaptability, tech-savviness, attention to detail, passion for learning, communication skills, problem-solving, teamwork, cultural awareness, and commitment to guest satisfaction are identified as top traits for hospitality professionals. The industry requires continuous skill refinement, adaptability to change, and embracing of learning opportunities. Technological tools such as STAAH's property management systems and channel managers are emphasized for providing competitive advantage in the hospitality sector.

💾 Key facts extracted: The article, anticipated to be published on November 19, 2024, discusses reducing technology management costs in hotels by implementing a Hotel PMS (Property Management System). It asserts that this system can enhance operational efficiency for hotels of various sizes. The author of the article is Debiprasad Sarangi, and it is linked to Hotelogix, a company that seems to advocate embracing technological solutions for hotel management. The image dimensions are specified as 1000x667 pixels. The content suggests a forward-looking approach to hotel technology management, with an emphasis on cost-saving and efficiency.

📱 In Barcelona, Spain, on November 19, 2024, Shiji introduced AI-driven review responses to ReviewPro, aimed at helping hoteliers manage feedback efficiently. This feature supports personalized replies in multiple languages, integrates with platforms like Booking.com and Google, and optimizes hotel staff productivity by streamlining the review management process. Shiji, founded in 1998, now has 5,000 employees across 80+ subsidiaries and serves over 91,000 hotels, 200,000 restaurants, and 600,000 retail outlets globally.

💸 E-commerce and Revenue Management must align for maximum efficiency and ROI, focusing on revenue increase and understanding the guest journey. Their unification under one leader, sharing KPIs like ROADS, RevPAR, and Direct Share, is essential, regardless of which department takes the lead, ensuring constant communication and mutual respect.

📈 Debunking hotel industry BI myths, this article clarifies that separate systems (for reservations, CRM, etc.) do not comprise a comprehensive Business Intelligence (BI) solution. True BI integrates all data for a 360-degree view, enabling informed decision-making, operational efficiency, enhanced guest experience, and revenue growth. Modern BI offers real-time analytics, predictive insights, and interactive dashboards. Contrary to belief, BI is affordable through SaaS and cloud computing, with scalable solutions and subscription-based pricing. Ultimately, implementing a comprehensive BI tool like Demand Calendar can transform hotel operations significantly.

💻 Noida, 19th November 2024: Mukesh Kumar appointed as General Counsel and Company Secretary of RateGain Travel Technologies Limited, joining as Senior Vice President – Legal & Compliance. With over 20 years of experience in legal roles at companies like PVR INOX Limited, NIIT, and Hero Motors Limited, Mukesh is recognized for his expertise in regulatory and corporate governance. He received Indian Achiever’s Award in 2022 and Golden Pinnacle Award in 2023. Bhanu Chopra, RateGain's Founder and Chairman, emphasizes the strengthening of their legal and compliance structure for global expansion. RateGain, founded in 2004, is a significant processor of electronic transactions and travel intent data, partnering with 3,200+ customers and 700+ partners across 100+ countries.

📌 STAAH, a New Zealand-based provider of hotel channel management solutions, on November 19, 2024, announced that its Max Channel Manager is now on Oracle Cloud Marketplace and deployable on Oracle Cloud Infrastructure, integrated with OPERA Cloud. It aims to maximize online distribution, enhance performance, scalability, and security, and improve operational efficiency and revenue for hotels. Rajesh Ghanshani, Director of Partnerships at STAAH, highlighted the commitment to the Oracle community and the benefits for customers, leveraging OCI's comprehensive cloud services. Oracle PartnerNetwork offers partner engagement tracks including Cloud Build, Cloud Sell, Cloud Service, Industry Healthcare, and License & Hardware.