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Innovation

4694 posts

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

How Fire & Vine Hospitality Transformed Customer Engagement with RTN Data Standards and Oracle CrowdTwist

  • Tony Loeb
  • 11 December 2024
💰 Fire & Vine's private dining business generates 30-35% of its total revenue, primarily from corporate clients. The company is using CrowdTwist to segment customer profiles for targeted marketing campaigns. The transition from a 12-year-old legacy loyalty system to CrowdTwist began with the intention to keep initial functionality, but by 2025, Fire & Vine aims to fully leverage the new system's capabilities for personalized customer rewards and employee engagement programs, as discussed at MURTEC 2024. The company is focusing on personalization, with plans to run exclusive offers for loyal customers and create tailored incentives for employees.
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Church’s Texas Chicken Adds Voice AI Ordering at the Drive-Thru

  • Tony Loeb
  • 11 December 2024
🔥 Bikky, serving multi-unit restaurants, partners with Haven Hot Chicken, founded in 2020 by four local restauranteurs. Haven opened their ninth location in summer, named one of the fastest growing businesses in the state and country, with their chicken sandwich titled “Best Bite in Town” by Food Network. Haven leverages Bikky for guest tracking, behavior analysis, and data-backed decisions, recently guiding a strategic choice to keep a lower-selling menu item for its role in driving guest frequency. Haven aims to more than double store count in 2025, with Bikky supporting their expansion and site selection, informed by detailed guest demographics and behavior data.
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  • 2 min

Unlock the Power of Google: Drive Direct Bookings Like Never Before

  • Nashi Dasgupta
  • 11 December 2024
📰 STAAH's "Get Google" connects properties to Google’s hotel booking engine, increasing visibility and direct bookings while reducing OTA reliance. Appearing on Google Search, Maps, and Travel, it integrates with booking engines for seamless reservations. "Get Google" lowers commission costs and boosts competitiveness in the hospitality market. To integrate, STAAH partners activate the add-on, aiming for higher returns and improved guest relationships. More information and activation available through STAAH's website and sales team.
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Haven Hot Chicken’s Harnesses Guest Insights

  • Tony Loeb
  • 10 December 2024
🍗 Bikky, specialized in customer data for multi-unit restaurants, partners with Haven Hot Chicken, a Nashville-style chicken brand founded in 2020, which opened its 9th location in the summer and was recognized as a fast-growing business in the state and country. Bikky's platform enables Haven to track guest behavior, make data-driven decisions, and improve marketing effectiveness. The data helped retain a strategic menu item and will inform site selection for expansion plans targeting 2025. Bikky's CEO, Abhinav Kapur, highlights Haven's goal to double store count next year.
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  • 3 min

Bob W Deploys NevayaOne

  • Tony Loeb
  • 10 December 2024
💰 Encore, a global event technology and production services provider with 12,000 team members across 20 countries, launched the ‘Overtime Savings Program’ in the U.S. to improve financial stability for its workforce facing seasonal business fluctuations. Utilizing UKG's payroll technology, the program allows employees to save overtime earnings and receive a company-paid match. Following its post-Labor Day launch, UKG Wallet™ usage surged tenfold. Additionally, the ‘Seasonal Leave of Absence Program’ offers flexible off-season breaks while retaining benefits and career status, with global expansion plans underway.
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  • 3 min

Caring Back: How Robust & Flexible PMS is Improving Your Guests’ Arrival Experience

  • Tony Loeb
  • 10 December 2024
🏨 Independent hotels enhance guest arrival experiences using technology like property-management systems (PMS) and experience management systems (XMS) to improve communication and offer personal touches. Digital communication enables guests to inform hotels of late arrivals, allowing for staggered room preparation and extended check-in times. Contactless technology provides self-serve mobile check-in options or kiosk check-ins to expedite the process. Modern PMS capabilities also allow guests early access to amenities, increasing revenue and guest satisfaction.
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  • 10 min

From Zero to IPO: Building eDreams Before the Playbooks

  • Mauricio Prieto
  • 10 December 2024
🏡 eDreams, founded in 1999, became Spain's first unicorn with a 2014 IPO valuing the company at €1.6 billion ($2.2 billion). By then, eDreams had reached €4.3 billion ($5.9 billion) in bookings, €430 million ($589 million) in revenue margin, and €118 million ($162 million) in EBITDA. The company, initially without a clear product-market fit, pivoted to a flight booking engine after customer feedback. Innovations included combining low-cost and traditional carriers, introducing service fees, and leveraging Google AdWords early on. Founder-led until 2015, eDreams attracted global talent by overcoming local hiring challenges, creating a merit-based culture, and operating anti-consensus strategies.
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  • 2 min

Advance exclusive, powered by Amadeus Hospitality | Duetto

  • Darren Koch Chief Product Officer Duetto
  • 10 December 2024
📈 In March, the expansion of the partnership between Duetto and Amadeus Hospitality was announced, now the integration of Demand360® data into Advance is complete. This collaboration offers an industry-first feature: a subset of Demand360® data with a 60-day stay date horizon within Advance. Benefits include enhanced data insights, improved efficiency, data-driven decisions, and scalability. The partnership aims to optimize hoteliers' revenue strategies, operational efficiency, guest experience, and provide a competitive edge.
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  • 1 min

The On-Site or Remote Work Debate in Hotel Revenue Management

  • Suzanne1
  • 10 December 2024
💻 Revenue Managers can theoretically work remotely, leveraging technology for 95% of tasks and tapping into global talent. However, working on-site provides control over product management and competitor data, offering a different perspective than remote work. Both on-site and remote work have their own advantages and challenges.
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  • 2 min

Start-up Spotlight: MyMatR’s AI-Powered Waste Tech for Hotels

  • Tony Loeb
  • 10 December 2024
🌳 MyMatR, launched to serve various industries including hospitality, utilizes AI and computer vision for effective waste sorting and has been deployed since May 2024. It increases diversion rates, reduces landfill waste, saves costs, and enhances guest engagement by educating and involving them in sustainability efforts. MyMatR also aids hotels in complying with environmental regulations and has expanded internationally with projects like the composting program in Research Triangle Park and deployments in Saudi Arabia. The technology supports HRS’s Green Stay initiative, positioning MyMatR as an essential element in hotel waste management strategies and future hospitality technology.
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