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Innovation

4609 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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  • 1 min

How to prevent hotel no-show and last-minute cancellations?

  • Lou Rondy1
  • 29 October 2024
🔔 To prevent hotel no-shows and cancellations, it's advised to send guests three well-timed reminders: booking confirmation, a pre-arrival reminder (3-7 days before check-in), and a day-of reminder. Automated messages can confirm arrivals, aiding in room assignment planning. Integration of a hotel CRM, like D-EDGE partnering with LoungeUp, optimizes the entire guest journey.
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  • 4 min

Orascom Reimagines its Staff and Guest Experiences with Oracle Cloud

  • Tony Loeb
  • 29 October 2024
🔎 The 2024 Customer Engagement Technology Study suggests AI's transformative potential in travel and hospitality, enhancing guest services and operational efficiency. Hotel Communication Network (HCN) introduces AI-powered Navigator 2.0 tablets, named AiMe, at The Hospitality Show in San Antonio's Henry B. Gonzalez Convention Center, Booth #1755. AiMe uses natural language processing for various guest requests. 30% of consumers would use AI for hotel-related queries, while 57% desire voice-controlled environments, 48% request services, and 47% would engage with service chatbots. Hoteliers prioritize technology for guest loyalty (80%), employee productivity (76%), and safety (68%). HCN's DineIN program reports a 20-30% revenue increase, while Guest Choice decreases labor costs by 5%, with a net gain above $10 per room per month. 🏨
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  • 2 min

Guest Engagement and Merchandising Capabilities Now Available in Oracle OPERA Cloud Hospitality Platform

  • Tony Loeb
  • 29 October 2024
🏨 Orascom Hotels Management (OHM), a leading hotelier in the MENA region, implemented Oracle's OPERA Cloud system across its properties, completing the initial installation in just 12 days. The upgrade eliminated over 30 redundant processes, optimized tasks to take 90% less time, decreased call resolution by 60%, and reduced external vendor distribution fees by 90%. OHM introduced 'Experience Ambassadors' to enhance guest service, with check-ins on mobile devices under a minute. Personalized guest experiences are now a focus, with real-time tracking of preferences and tailored parting gifts to drive loyalty.
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  • 4 min

Visual Matrix Partners with AHLA to Support Human Trafficking Awareness and Empower Hotel Staff with Essential Safety Tools

  • Tony Loeb
  • 29 October 2024
📰 The 2024 Customer Engagement Technology Study indicates AI will transform the travel and hotel industries by personalizing guest experiences and streamlining operations. Hotel Communication Network (HCN) utilizes AI to offer guests voice command services in multiple languages through their Navigator 2.0 tablets, named AiMe. At The Hospitality Show in San Antonio, hotel operators can experience HCN's technology in Booth #1755. 30% of consumers would use AI to learn about hotels, 28% to select hotels, 27% to explore options, and 26% to plan budgets. HCN's AiMe can perform tasks like ordering food, making recommendations, and scheduling wake-up calls. According to the CET Study, 57% of guests want voice-controlled room environments, 48% to request services, and 47% to communicate via chatbot. Hotel operators aim to invest in technology for guest loyalty (80%), employee productivity (76%), and safety (68%). HCN's DineIN program increased revenues by 20-30%, and their Guest Choice program decreased labor costs by 5%.
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  • 5 min

What is a Customer Data Platform (CDP)? Learn How It Drives Success for Hotels

  • Sana Shahid
  • 29 October 2024
📌 Hotels are grappling with high costs from third-party booking platforms, which impede profit margins and access to guest data, hindering direct bookings and loyalty efforts. The introduction of a Customer Data Platform (CDP) allows hotels to centralize guest data, enabling full control over marketing strategies and personalized guest experiences. By leveraging a CDP, hotels can reduce dependence on external channels, optimize marketing, and increase revenue through direct bookings and tailored campaigns. TrustYou's CDP offers hotels a solution to unify guest profiles and enhance the personalization of services, aiming to increase guest satisfaction and drive profitability.
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  • 1 min

How MGM Resorts Transformed Talent Strategies in a Post-Pandemic World – Jyoti Chopra, MGM Resorts

  • Josiah Mackenzie
  • 29 October 2024
🏥 Jyoti Chopra, Chief People, Inclusion, and Sustainability Officer at MGM Resorts International, detailed MGM Resorts' post-pandemic talent strategy transformation on Oct. 29, 2024. The company shifted from one-size-fits-all hiring fairs to specialized recruitment events, emphasizing employee flexibility, well-being, and engagement. Initiatives include "years of service" pins, Showstoppers Awards, the "Ask the CEO" program, and the Courageous Conversations series. MGM introduced the World of Well-being (WOW) and employed engagement surveys to enhance satisfaction. The MentorcliQ program pairs employees with mentors for their career development.
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  • 2 min

The SCV Hub Streamlines Guest Ordering

  • Tony Loeb
  • 29 October 2024
🍽 Santa Clarita Valley Kitchens, nicknamed The SCV Hub, allows customers to order from multiple restaurants in one transaction since its opening in October 2023, in Southern California. Empower Delivery, featuring 18 commercial kitchens, offers ordering kiosks and online options through TheSCVHub.com, ensuring items are freshly coordinated. The founder, Chris Collins, switched to Empower Delivery after a previous system failed to meet expectations, influenced by OOMI's success in Dallas. Empower's platform improved service speed and reliability, boosting guest satisfaction and efficiency.
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  • 13 min

Boomerang: Transforming the Broken Lost & Found Experience

  • Mauricio Prieto
  • 29 October 2024
🏠 Travel Tech Essentialist introduces "Deep Dives", with around six per year focusing on travel tech companies. Boomerang, founded in November 2021 by Skyler Logsdon, Philip Inghelbrecht, and Augustine Diep-Tran, reimagines lost and found with AI automation. The U.S. spends $5 billion annually replacing lost items, with the average value over $250. Boomerang boasts a 50% return rate, and Savannah/Hilton Head International Airport saw an 85% increase in claims and a 79% found items increase after implementation in January 2023. Boomerang charges businesses a monthly fee and shares profits from sold unclaimed items. The platform handles the complete return process, including shipping logistics, aiming for network effects like OpenTable for seamless experiences across multiple venues.
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  • 3 min

Beyond Web Analytics: Unleashing the Power of App-Specific Metrics for Travel Brands

  • Tony Loeb
  • 29 October 2024
📂 To optimize travel apps for offline use, brands should focus on vital data like upcoming trips and use smart sync protocols. User engagement metrics such as session duration and feature adoption are critical. Retention rates indicate app stickiness, while personalized experiences can be measured by interaction with tailored suggestions. Analyzing conversion and revenue, like in-app bookings and ARPU, helps assess app success. Cross-device behavior tracking is essential for a seamless travel experience. Hutokshi Sethna, Head of Travel and Hospitality at Tredence, advocates for nuanced analytics in the industry.
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  • 3 min

Measuring Innovation Through the Customer Lens: Insights for Hoteliers

  • Tony Loeb
  • 28 October 2024
🏨 Hotel industry innovation is essential to generate excitement and loyalty among travelers, with customer-based assessments linking to brand loyalty and financial performance. Key metrics used include loyalty, brand attractiveness, Net Promoter Score, share of wallet, hotel stays, and detailed ratings on commercial (18 attributes) and social innovation (15 attributes). Commercial and Social Innovation Index Scores range from 0 to 100, quantifying perceptions. Travelers value technology, design, rewards programs, lifestyle brands, and environmental and community efforts. Strategic lessons highlight the importance of diverse innovation drivers and customer-specific feedback to strengthen loyalty and brand excitement. Airbnb, noted as an innovation leader, challenges hotels to provide customized experiences and consistency.
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