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Innovation

4186 posts

[[ 9 ]]

Business intelligence for hotels (+7 leading BI solutions)

  • Cloudbeds
  • 8 August 2024
📊 Hotel business intelligence (BI) enables strategic decision-making through data collection and analysis from various sources, like the property management system (PMS) and revenue management system (RMS). BI tools help visualize KPIs, streamline data collection, and optimize performance for increased revenue and enhanced guest experiences. Key features of BI software include advanced reporting, competitive intelligence, cloud-based services, forecasting, data management, multi-property functionality, and an open API. Cloudbeds Insights is one of seven highlighted solutions, integrating with existing systems and offering real-time data and custom reporting to support various hotel department goals. Other solutions include Amadeus, D-Edge, Duetto, Lighthouse, M3, and Omniboost.
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  • 6 min

What is personalized guest transportation for hotels?

  • Aris Apostolopoulos
  • 8 August 2024
🚊 Hotels are enhancing the guest experience with personalized guest transportation, a trend that caters to individual needs and preferences. This service differentiates hotels in a competitive market, offering benefits like an enhanced guest experience, increased guest satisfaction and loyalty, and additional revenue streams. Challenges include scalability, information management, and measuring satisfaction. Technology, such as guest airport pickup software integrated with property management systems, helps overcome these challenges. Welcome Pickups provides a cost-free solution, enabling guests to book airport pickups alongside room bookings, boosting both guest satisfaction and hotel brand image.
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  • 3 min

Why two-factor authentication (2FA) is a must-have for hospitality security

  • Ava Cramp
  • 8 August 2024
🛑 In 2023, 31% of hospitality organizations experienced a data breach, according to Trustwave. Mews, a provider of hospitality management software, has mandated two-factor authentication (2FA) to secure customer accounts. The activation process for Mews users is simplified to encourage usage. 2FA is critical in safeguarding customer data, fighting phishing, ensuring compliance, and maintaining guest trust. Mews also advises vigilance against phishing scams, private login credentials, and understanding security protocols like SSO and SCIM for better account protection.
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  • 2 min

Mark Shambura Joins Panera Bread as CMO

  • Tony Loeb
  • 8 August 2024
💰 Boostly raised $5.6 million in seed funding from Trestle Partners, Relish Works, Singularity Capital, and Y Combinator. The platform has driven over $50 million in restaurant sales. Jaime's pizzeria reported a 20% sales increase in April and May and 33% in June's first week, attributing an extra $20,000 monthly sales to Boostly. Founded by Shane and Mikey Murphy, Boostly plans to expand its team and market presence with the new funding.
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  • 3 min

MOP by Visual Matrix Helps Hoteliers Achieve Efficiencies in a Strained Labor Market, Industry Adoption Grows by More than 400%

  • Tony Loeb
  • 7 August 2024
🚗 3V Infrastructure launches to provide Level 2 EV chargers mainly in multifamily housing and hotels. With up to $40 million from Greenbacker Capital Management, they aim to address the gap in charging infrastructure. JD Power found over half of potential EV buyers are deterred by charger scarcity, while less than 5% of rentals and only 20% of hotels offer this amenity. 3V targets properties with more than 20 sites to accelerate deployment and simplify implementation for real estate owners.
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  • 3 min

From Plate to Post-Visit: How Technology Shapes the Dining Guest Experience

  • Tony Loeb
  • 7 August 2024
🍴 PwC research indicates that excellent service can command up to 16% higher prices, and a one-star increase on Yelp can increase revenue by 5-9%. A 2024 BrightLocal survey found 77% of customers check two or more review sites before making a decision. Moreover, 32% of customers would stop doing business with a brand after one bad experience. In the digital era, restaurants must have a mobile-optimized website, use SEO, engage on social media, and offer online reservations. During dining, POS systems and digital menus enhance the experience. Afterward, personalized follow-up via email or SMS, and responding to online reviews within two to three days, is expected by 34% of consumers. Kim Lawton, with 25 years of experience, is the founder and CEO of Enthuse Marketing.
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  • 3 min

Boostly Secures $5.6 Million Seed Round

  • Tony Loeb
  • 7 August 2024
💰 3V Infrastructure, a new EV charging infrastructure operator, announced its launch today, aiming to increase access to EV charging at long-dwell properties such as multifamily housing and hotels. The company has a $40 million capital commitment from Greenbacker Capital Management and will focus on Level 2 EV chargers. A JD Power study shows over half of potential buyers are deterred by charger scarcity. 3V Infrastructure aims to address this by targeting underfunded Level 2 charging access, with 27% of apartment tenants and 20% of hotel guests seeking this amenity. The company targets real estate with over 20 sites for broad and rapid deployment, offering operational expertise in permitting, utility setup, maintenance, and monitoring without upfront and ongoing costs for property owners.
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  • 3 min

Ooma Office Business Phone Service Now Integrates with Intuit QuickBooks, Boosting Customer Experience

  • Tony Loeb
  • 6 August 2024
🚗 3V Infrastructure, an EV charging infrastructure company, announced its formation to provide Level 2 EV chargers for multifamily housing and hotels. The company received a commitment of up to $40 million from Greenbacker Capital Management. Citing a JD Power study, over half of potential EV buyers are deterred by charger scarcity. 3V Infrastructure aims to serve the 27% of apartment tenants and 20% of hotel guests demanding EV charging amenities. The company targets properties with more than 20 sites for broad, rapid charger deployment.
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  • 3 min

Portillo’s Pilots Self-Service Kiosks

  • Tony Loeb
  • 6 August 2024
🔌 3V Infrastructure, backed by up to $40 million from Greenbacker Capital Management, launches to provide Level 2 EV chargers for multifamily homes and hotels, filling a gap where fewer than 5% of rentals and 20% of hotels currently offer such amenities. With EV adoption surpassing charger availability, 27% of apartment tenants and 20% of hotel guests demand this service. 3V targets properties with more than 20 sites to deploy projects widely and expedite the transition to EVs.
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  • 3 min

Whataburger to Extend PopID’s Biometric Payments Solution

  • Tony Loeb
  • 6 August 2024
🔌 3V Infrastructure, an electric vehicle (EV) charging company, announced its formation, focusing on Level 2 EV chargers for multifamily housing and hotels. The company received up to $40 million from Greenbacker Capital Management. Studies reveal over half of potential EV buyers are discouraged by insufficient chargers, while 27% of apartment tenants and 20% of hotel guests desire EV charging amenities. 3V offers a no-cost solution for property owners, aiming to service portfolios with more than 20 long-dwell sites.
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