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Innovation

4693 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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  • 5 min

5 Reasons to Choose a Hospitality-Focused BI Solution for Your Hotel

  • Revfine.com1
  • 3 November 2024
📊 Hospitality-focused BI solutions, compared to generic BI tools, offer specialized functions for hoteliers like data mapping, collaboration, and reporting tailored to industry needs. Key benefits include efficient performance visualization, streamlined data collection, maximized revenue, and enhanced guest experiences. Features such as seamless PMS integration, customizable reports, multi-property reporting, cross-departmental collaboration, and extractable data facilitate decision-making and operational efficiency. Hospitality-specific BI tools help hoteliers optimize performance, improve guest satisfaction, and increase profitability.
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What is a hotel CRM system: Benefits, features, and top 10 providers

  • Sofia Vargas
  • 1 November 2024
📦 Jackie Maloney from Cloudbeds emphasized the importance of CRM systems for hotels at Passport 2024, Cloudbeds’ annual UserCon. A CRM system enables hotels to gather guest data, manage campaigns, and streamline operations. It also fosters customer loyalty, with 94% of customers preferring to repurchase from a known source. Key CRM features include multi-channel communication, contact management, and marketing automation. The top CRMs in 2024 include ALICE by Actabl, Cendyn, and Salesforce, among others, which integrate with the Cloudbeds Platform.
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  • 4 min

Outdoor Accommodations Revenue Management: Shaping the Future of Outdoor Hospitality

  • IDeaS Revenue Solutions
  • 1 November 2024
🏕 According to a 2024 Kampgrounds of America report, RV usage in the U.S. and Canada increased by 96%, and cabin/glamping usage by 101% over the past decade. To maximize revenue and meet market demand, outdoor accommodations are adopting IDeaS' G3 RMS, a revenue management system that optimizes pricing and efficiency. G3 RMS analyzes data, updates inventory, pricing recommendations, and integrates with management tools to help properties compete in the global outdoor hospitality market. Providers can now automate pricing strategies and tailor offerings for different guest segments, enhancing both revenue and guest experience.
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  • 4 min

Hotel tech budgeting – 5 ways to plan your year

  • [email protected]
  • 31 October 2024
🔔 Hotel companies review tech infrastructure annually with stakeholders like owner-operators and tech teams. TrustYou's Customer Experience Platform (CXP) integrates with existing systems, consolidates feedback, and minimizes operational disruptions. AI and ML technologies offer competitive advantages such as an 80% reduction in response efforts and significant ROI. Hotels like B&B leverage guest feedback to drive brand development and innovations. Flexibility and scalability are crucial for technology to support growth. Adaptability is key in successful technology implementation, with a focus on user feedback and a controlled rollout strategy.
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  • 5 min

Tell Newsletter #81

  • Martin Soler
  • 31 October 2024
💻 Large Action Models, such as Rabbit and Claude, enable AI to perform tasks beyond language understanding, potentially helping hotels to manage repetitive PMS tasks. Google's self-service system at McDonald's has been well-received by customers despite initial franchisee resistance, providing table service and not reducing labor costs but increasing revenue. Paid search ads on non-brand keywords have proven effective for hotels to direct bookings, challenging traditional OTA-dominated models. AI advancements, like Google’s AI music composer, are democratizing creative processes, allowing for customized artwork and music. Hotels are considering new advertising models that create future demand, leveraging tools like AI and video to inspire travelers. Collaboration with tourism boards can amplify these efforts, building brand awareness that contributes to long-term revenue growth.
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  • 4 min

StayNow Secures $2.2M Seed Round to Empower Independent Hotel Owners

  • Tony Loeb
  • 31 October 2024
🏒 Lajitas Golf Resort has integrated 14 Agilysys software solutions within 48 hours to modernize guest experiences and improve staff efficiencies. Solutions include PMS, POS, Golf, and Spa systems, enhancing payment security, mobile transactions, check-in/check-out processes, and more. The resort, featuring Black Jack Crossing golf course (#38 in the USA by Golfweek), aims to optimize booking for its hotel, villas, cottages, condos, and revenue from various recreational activities. Agilysys was chosen for its tailored technology, future-proof design, and collaborative implementation approach. Director of IT, Philip McLain, highlighted the smooth project execution and exceptional service contributing to the modernization success.
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  • 4 min

Global Hospitality Study Exposes Critical ‘Aspiration-Reality Gap’ in Measuring Per-Guest Revenue Beyond the Room

  • Tony Loeb
  • 30 October 2024
🏖️ Agilysys, Inc. (Nasdaq: AGYS) equipped Lajitas Golf Resort with 14 software solutions enhancing guest experiences and staff efficiencies, all implemented within 48 hours. Lajitas, praised for its top-ranked Black Jack Crossing golf course, is situated 2,200 feet above the Rio Grande near Big Bend National Park. Philip McLain, IT Director, sought to unify guest services and optimize revenue across hotel, golf, dining, and activities, prioritizing future-proof, intuitive technology. The resort's tech overhaul, emphasizing collaboration with Agilysys, aimed at both frontline and back-office improvements, signifying Agilysys’s commitment to exceptional service and support.
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  • 3 min

Starbird Signs First Franchise Development Deal

  • Tony Loeb
  • 30 October 2024
🔒 Visual Matrix, in partnership with the American Hotel & Lodging Association (AHLA) and AHLA Foundation, is enhancing hotelier education on human trafficking. The collaboration offers Marriott International's free training content and access to Visual Matrix's Learning Management System. From October 28, 2024, Visual Matrix will donate 1% of new MOP purchases to AHLA Foundation's No Room for Trafficking Survivor Fund. Since 2007, over 100,000 human trafficking cases involving more than 197,000 victims have been identified. Visual Matrix also provides a Panic Button feature to improve worker safety.
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  • 3 min

P-Wave launches limited edition Midnight Coast Slant6 urinal screen for high-end hospitality venues

  • Megan Carley
  • 30 October 2024
🤖 UK air freshening company P-Wave launched a new Slant6 Midnight Coast urinal screen, with an NHS England men’s health message, aimed at high-end hospitality. Over 600,000 urinal screens are expected to be in place nationwide by year-end, promoting early cancer diagnosis. The Slant6 screen features high fragrance load, anti-splash technology, and is recyclable with EcoPure® for faster biodegradation. The NHS campaign focuses on cancer symptoms awareness, encouraging men to contact their GP if they notice blood in their urine.
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  • 2 min

HRC announces major catering equipment partners for 2025 edition

  • Megan Carley
  • 30 October 2024
🏠 HRC, UK's leading commercial kitchen solutions event, partners with the Foodservice Equipment Association (FEA) and ceda for its 2025 edition on 17-19 March at Excel London. Over 30 FEA members exhibited in 2024, with an even bigger show anticipated in 2025. The event will feature cutting-edge equipment, seminars, chef demos, and a 90th anniversary celebration, having started in 1935. HRC forms part of Food, Drink & Hospitality Week, alongside IFE Manufacturing, IFE, The Pub Show, and International Salon Culinaire.
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