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Innovation

4700 posts

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

Tips for Tackling Chargebacks in Hospitality

  • Tony Loeb
  • 25 October 2024
💳 To reduce chargeback risks, businesses should review OTA reservations for accuracy, follow best practices for transaction processing like using EMV chips, utilize AVS and 3D Secure to mitigate fraud, and keep clear communication and documentation. Tim Tynan, CEO of Chargeback Gurus, brings expertise in chargeback management solutions.
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  • 2 min

Despegar Licenses Its AI Technology to Karisma Hotels & Resorts

  • Tony Loeb
  • 25 October 2024
🎁 Hallmark's new Gift Card Greetings merge a physical greeting card with a digital gift card, featuring over 100 brands like Starbucks, Darden Restaurants, and DoorDash. Lauren Benson, Hallmark's Senior Director, touts convenience and customization; Jaime Yeager, VP at InComm Payments, emphasizes a personalized experience. Available for $4.99 at Hallmark.com, Hallmark Gold Crown Stores, and select retailers, the cards offer a range of designs for various occasions, simplifying the gifting process with a secure, personable touch.
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  • 1 min

Importance of Hotel Housekeeping Software

  • Debiprasad Sarangi
  • 25 October 2024
🔔 The article provides no specific facts, dates, locations, numbers, statistical information, or other factual data relevant to the importance of hotel housekeeping software in the hotel industry. It contains metadata and HTML elements related to web page design and SEO optimization, such as links to CSS files, font preloads, and social media information, but lacks substantive content on the topic suggested by its title.
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  • 2 min

eviivo and OpenKey Streamline Guest Experience with Automated Mobile Check-in and Keyless Access

  • Tony Loeb
  • 24 October 2024
🍣 Kura Sushi USA Inc, celebrating its 15th anniversary, implements a QR-scan plate system across nearly 70 locations in 19 states and Washington, D.C. for real-time consumption analytics. Since 2009, the chain has introduced several technologies, including a dual-layer conveyor system, Mr. Fresh food safety dome, Bikkura Pon prize system, and partnerships with major licensors. Innovations in recent years include drink delivery robots (2022), an AI-powered waitlist system (2023), Kura Sushi Rewards app (2023), and DoorDash delivery partnership (2024). A “Fly to Japan” sweepstakes runs Oct. 23-30, rewarding diners spending $65 with a chance to win a trip to Japan.
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  • 5 min

Difference between a Hotel PMS, Channel Manager, OTAs and Booking Engine

  • PRABHASH BHATNAGAR
  • 24 October 2024
💿 Hospitality technology solutions enhance hotel operations, reduce costs, and improve guest services. Hotel Property Management Systems (PMS) automate daily tasks and are key for operational efficiency. Types of PMS include server-based, hybrid cloud, and web-native cloud. A Channel Manager updates room availability and rates across Online Travel Agencies (OTAs), preventing overbookings. OTAs are third-party sites for room booking, earning commissions per reservation. A Booking Engine facilitates direct reservations via a hotel's website. Integrated systems, like Hotelogix with various Channel Managers, ensure real-time updates and streamlined operations.
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  • 6 min

Tell Newsletter #80

  • Martin Soler
  • 24 October 2024
📌 The article discusses various topics such as overtourism, B2B influencers, AI in advertising, concert travel, and comparisons between hotel brands and CPG brands. A study in Europe found 49% of respondents willing to change travel times, and 39% reconsider destinations to avoid peak seasons. LinkedIn is becoming an entertainment platform for work, while Amazon launched a generative AI ad builder. Concerts by stars like Taylor Swift and Adele are driving hotel revenues. For example, Adele and Coldplay set a record for overnight stays in Munich since 1912, and Taylor Swift's concerts generated more hotel revenue than the Paris Olympics. The article also suggests that hotel brands are created for investors rather than consumers, unlike CPG brands that are designed to stand out and drive profits.
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  • 1 min

Guide on Central Reservation System in the Hotel Industry

  • Suniti Bahl
  • 24 October 2024
📖 Central Reservation Systems (CRS) are essential for hotel management, aiming to reduce overbooking and manage reservations effectively. The article from Hotelogix Blog, authored by Suniti Bahl, was updated on October 24, 2024, and provides insights into the advantages of using CRS in the hotel industry. It includes references to technological assets like web fonts from Google and CSS/JS assets for optimal website performance. No further content from the article is available to extract specific facts or statistical data.
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  • 7 min

How hotel groups can become more efficient and boost revenue

  • Tom Brown1
  • 24 October 2024
🏨 In 2023, 31% of hospitality organizations experienced cyber-attacks with an average cost of $3.4 million per incident. Hotel technology must be cloud-native for security and management across properties. Automation and centralized operations streamline tasks, reducing human error. Automated rate management, using live and historic data, maximizes occupancy and revenue. Access to an integration marketplace allows custom tech stacks per property. Embracing sustainability can increase efficiency and attract eco-conscious travelers. Essential software for hotel groups includes PMS, RMS, POS, and space management systems.
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  • 1 min

Why MGM Brought in Microsoft, IBM & Workday To Teach Our Teams – Jyoti Chopra, MGM Resorts

  • Josiah Mackenzie
  • 24 October 2024
💸 MGM Resorts International's Chief People, Inclusion, and Sustainability Officer, Jyoti Chopra, featured on an episode released on Oct. 24, 2024, discusses the integration of AI and technology in HR and learning at MGM. The resort is advancing careers using technology with insights from Microsoft, IBM, and Workday. The use of AI-driven tools for micro-courses and digital assistants was highlighted, showcasing the transformation and future plans for AI in HR. The focus is on keeping pace with technological advances in the hospitality sector.
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  • 3 min

‘LG Channels’ to Launch on Hotel TVs, Enhancing Guest Experience

  • Tony Loeb
  • 24 October 2024
📱 PPDS, the global Philips Professional Displays provider, will exhibit at The Hospitality Show from Oct 28-30, with Philips MediaSuite TVs and Hospitality TV 4000 Series, featuring Google Cast™, Netflix, and no additional costs for equipment or subscriptions. The Hospitality Show, at Henry B. Gonzalez Convention Center, San Antonio, TX, expects 400 exhibitors and 5,000 visitors. Philips Tableaux Advance Color ePaper displays will debut, showcasing energy-saving digital signage solutions for the hospitality industry. Philips MediaSuite offers voice control, app access, and remote management. Philips Tableaux displays are portable, energy-efficient, and can be managed remotely.
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