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Innovation

4612 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 the EU Digital Markets Act (DMA) will impact travel

  • phocuswright.com
  • 25 September 2024
💻 The European Commission labeled six tech companies as gatekeepers starting March 7, 2024, and included Apple's iPad OS and Booking.com on April 29 and May 13, 2024, respectively, each with a six-month compliance deadline. Non-compliance probes into Alphabet, Apple, and Meta are underway, with potential fines up to 10% of global annual revenue, or 20% for repeated violations. Changes include ByteDance's TikTok Data Portability API, Apple's 600+ APIs, and Google's modified search results and consent banners.
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ezCater Unveils ‘Smart Ordering’

  • Tony Loeb
  • 24 September 2024
💸 Piada Italian Street Food partners with Sparkfly to revamp its in-house developed guest loyalty program. The new program, part of the digital engagement platform Piada One, introduces customizable rewards based on spending levels, offering free entrées, drinks, and exclusive challenges with the flexibility to choose different rewards. Integration with Olo improves the loyalty experience and operational efficiency. Piada plans to implement tier-based marketing for personalized incentives and has consolidated all loyalty efforts under Piada One in response to guest feedback, aiming to incentivize higher value orders. Sparkfly's successful partnerships include Chipotle, First Watch, and Bojangles.
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DoorDash Debuts Commerce Platform for Merchants

  • Tony Loeb
  • 24 September 2024
🍕 Piada Italian Street Food partners with Sparkfly to revamp its in-house developed guest loyalty program, aiming for a personalized, seamless experience, and supporting expansion into new markets. Piada One, the digital platform, introduces customizable tiers with rewards based on spending, integrating with Olo for ordering. The program now offers flexible redemptions, exclusive challenges, badges, and consolidates former separate loyalty systems. Sparkfly's bespoke solutions also serve Chipotle, First Watch, and Bojangles, enhancing customer loyalty and offer management.
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Piada Italian Street Food Partners with Sparkfly to Launch Enhanced Loyalty Program

  • Tony Loeb
  • 24 September 2024
🍕 Piada Italian Street Food partners with Sparkfly to revamp its in-house guest loyalty program. This collaboration introduces a customizable tier system within Piada One, the brand's digital engagement platform, which also encompasses online ordering and digital gift cards. The updated loyalty program allows guests more flexibility like choosing different rewards and integrates with third-party systems for improved personalization. The integration extends to their online ordering platform, Olo, enabling a seamless loyalty experience. Piada plans to add tier-based marketing segmentation to offer more exclusive and personalized incentives. The transition consolidates previous separate loyalty programs into a single points-based system, responding to customer desires for higher value order rewards. Sparkfly has previously worked with Chipotle, First Watch, and Bojangles, specializing in customized loyalty and offer management programs.
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Raydiant Introduces Order & Pay Kiosk App

  • Tony Loeb
  • 24 September 2024
✈️ Snowflake, the AI Data Cloud company, launches the AI Data Cloud for Travel and Hospitality, targeting airlines, hotels, cruise lines, and travel technology providers. The platform aims to enhance customer experiences and operations using AI, with features like hyper-personalized marketing, optimized bot and IVR performance, loyalty experiences, efficient operations, and maximized revenue management. Global businesses like Hyatt and Tripadvisor utilize Snowflake to leverage data for strategic decisions and automation.
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  • 3 min

Snowflake’s AI Data Cloud for Travel and Hospitality Drives AI Innovation, Enhances Collaboration, and Transforms Customer Experiences

  • Tony Loeb
  • 24 September 2024
✈ Snowflake, an AI Data Cloud company, unveiled the AI Data Cloud for Travel and Hospitality, aiming to enhance data insights in the travel and hospitality industry. The platform aids airlines, hotels, cruise lines, and travel technology providers in utilizing data and AI to improve operations and customer experiences. It features dynamic pricing, sustainability tracking, and personalized marketing campaigns, aiming to reduce customer acquisition costs and churn. Snowflake's ecosystem also offers data enrichment via Snowflake Marketplace, integrating external data like weather and economic indicators. Whitnee Hawthorne, Global Head of Travel & Hospitality at Snowflake, emphasized the importance of AI and data-driven insights. Notable users include Hyatt and Tripadvisor, praising Snowflake for improving data-driven decisions and customer experience.
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  • 1 min

East Meets West- Hot Asian Concepts Exploding in the US

  • saladplate
  • 24 September 2024
🍴 Saladplate, part of Informa Markets, is a platform for the hospitality, food, and beverage industry, offering insights, trends, and news. It features weekly updates, a monthly newsletter, a bi-monthly e-magazine, and gives exclusive access to over 10,000 brands and companies, along with registration and updates for more than 35 international trade events.
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  • 4 min

5 key takeaways about the future of restaurant technology from FSTEC

  • Joanna Fantozzi
  • 23 September 2024
📈 At the 2024 FSTEC conference in Grapevine, Texas, industry leaders focused on AI and automation in foodservice. Key takeaways: AI is set to revolutionize operations within the next decade, with potential to replace apps on phones. Yum Brands' AI-first approach boosted customer satisfaction at Taco Bell. Tech investments are now essential, with COVID-19 accelerating the adoption rate. Customization of tech solutions is crucial for meeting unique business needs. The use of AI should simplify tasks for employees, focusing on enhancing both front and back-of-house operations.
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  • 2 min

How the Hospitality Industry Can Offset Rising Power Costs

  • Tony Loeb
  • 23 September 2024
🔋 AI's rise in the hospitality and restaurant industries leads to better customer service but also higher energy usage. The PJM capacity auction for June 2025-May 2026 cleared at $269.92/MW per day, a significant increase from $28.92/MW for the previous year. Strategies like conducting energy audits are suggested for businesses to manage rising costs.
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  • 3 min

Boost Holiday Bookings with Smart Marketing Strategies

  • Tony Loeb
  • 23 September 2024
🏙 Over the 2023 Christmas and New Year’s holidays, more than 115 million Americans traveled, with 6% opting for vacation instead of staying home. Hospitality businesses are encouraged to use programmatic advertising, like Google Display Network, to target potential travelers. Cross-channel campaigns across social media, search engines, email, and display ads are recommended. Mobile advertising is crucial, as many book trips via smartphones; platforms suggested include Google’s Mobile App Promotion Ads and Facebook’s Mobile News Feed Ads. Retargeting campaigns are also vital to capture late bookers.
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