Innovation

🎲 BetMGM, an iGaming and sports betting operator, has unified BetMGM Reward Points (BRPs) into one account, enhancing user experience. This move follows their August launch of the first sports betting app offering a single digital wallet in Nevada. BetMGM now operates in 29 markets, including Ontario, Canada, and Puerto Rico. Players can earn rewards through BetMGM Sportsbook, Casino, and Poker, redeemable online, at MGM Resorts, for Marriott Bonvoy Points, and more. Responsible gaming remains a priority, with resources like GameSense integrated into BetMGM's platforms.

🏦 Cloudbeds, a hospitality management software platform based in San Diego, CA, has been named in Deloitte Technology Fast 500™, ranking amidst the fastest-growing companies in North America. Achieving 473% revenue growth over three years, Cloudbeds credits technological innovation for its success. CEO Adam Harris highlights the team's commitment to redefining property management systems. Eligibility for the Fast 500 requires a minimum $50,000 base-year revenue and $5 million current-year revenue, with at least four years in business.

🏢 Accor's research, with input from 9,000 global professionals, reveals that face-to-face meetings could increase revenue by 36%. Professionals expect to close 37% more deals via in-person interactions, with 85% believing it would significantly boost revenue. Additionally, 92% rate in-person meetings as important with clients, 85% with colleagues, and 68% prefer it for client presentations. The main reason for business travel (34%) is closing deals. Despite the digital shift, 68% still favor in-person interactions for critical business activities. Sophie Hulgard, Chief Sales Officer at Accor, emphasizes the irreplaceable value of face-to-face meetings for business success.

📱 Accor's new research involving 9,000 global professionals reveals that face-to-face meetings could boost revenue by 36%. A robust 85% of respondents believe prioritizing in-person meetings would significantly increase revenue, while 81% feel more deals could be closed. Face-to-face interactions are preferred by 92% for external clients and 85% for internal colleagues, and are considered three times more impactful than virtual meetings. 34% cite closing deals as the main reason for business travel. Despite digital tools, professionals favor in-person meetings for crucial business activities: 68% for client presentations, 77% for site inspections, and over 70% for high-stakes negotiations. Sophie Hulgard of Accor emphasizes the irreplaceable connection and commercial value of face-to-face interactions for business strategy and growth.

📊 Accor's research, involving 9,000 global professionals, concludes that prioritizing in-person meetings could increase revenue by 36% annually. 85% of these professionals believe face-to-face meetings will significantly boost their revenues. 92% agree that in-person interaction is important with external clients, while 85% find it important with internal colleagues. 68% prefer in-person client presentations; 77% opt for in-person site inspections over virtual alternatives. Key reasons for business travel include closing deals (34%), client negotiations (31%), contract negotiations (30%), events and trade shows (30%), and business strategy (20%). Sophie Hulgard, Accor's Chief Sales Officer, emphasizes the irreplaceable value of human interaction in business.