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Innovation

4709 posts

[[ 9 ]]

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  • 1 min

Parogon Group reports sales increase as it looks to speed up expansion

  • Restaurant
  • 30 July 2024
💰 Midlands-based Parogon Group reports a 10.9% increase in total sales to £24m for the year ending 30 June 2024, with like-for-like sales up 3.5%. EBITDA rose to £1.9m from £0.7m, and site-level profits went up by £1.2m to £4.6m, thanks to £3.1m in capital investment. The group, operating venues such as The Swan With Two Necks and The Orange Tree, is expanding its Willow brand, with the Trentham site's covers growing by 3.6%. A new Willow Telford site is due to open in September.
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  • 1 min

W Sydney ups its guest experience with IRIS…

  • Kate Harden-England1
  • 30 July 2024
🏨 W Sydney, a five-star hotel at Darling Harbour, collaborates with IRIS for a digital guest experience app. The technology enhanced guest satisfaction and operational efficiency, leading to increased room service orders and ancillary revenue in the first 6 months. W Sydney's B&F director Anand Prabeer acknowledges the app as a game-changer for the hotel's service and revenue generation. IRIS' VP of sales and marketing, Graham Rushin, expresses enthusiasm about the partnership and ongoing efforts to meet guest expectations for efficient service.
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  • 1 min

Finnair signs Travelport distribution…

  • Kate Harden-England1
  • 30 July 2024
✈ Travelport, a travel technology firm, has struck a deal with Finnair, the national flag carrier of Finland, to offer multi-source content including New Distribution Capability (NDC) and traditional content through the Travelport+ platform. Finnair's Vice President Jenni Suomela emphasizes the aim to provide value and improved experiences for travelers. Damian Hickey of Travelport highlights the commitment to retail-ready content for agencies, ensuring efficient travel retailing.
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  • 2 min

AXA strengthens Trip.com global partnership…

  • Kate Harden-England1
  • 30 July 2024
🛫 AXA Hong Kong & Macau partners with Trip.com to launch Trip.com Travel Smart, offering three insurance plans covering medical expenses up to HKD 1.5 million, personal liability up to HKD 2 million, along with baggage, delays, and cancellations. Policies are manageable via AXA’s Emma app, enhancing travellers’ peace of mind and providing a seamless experience. Customers can earn Trip Coins for purchases on the Trip.com platform.
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  • 2 min

Bringing Generative AI to Loyalty Programs

  • Tony Loeb
  • 29 July 2024
📊 Leveraging generative AI, like ChatGPT, loyalty marketing professionals can now access data conversationally and optimize loyalty platforms more efficiently. AI assists with data segmentation, campaign analysis, and quick access to support documents. It can generate campaigns, analyze performance, and create personalized strategies. This technology saves time and enhances data value in loyalty programs.
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  • 1 min

  • Apple Newsroom
  • 29 July 2024
🗺 Apple Maps has launched a public beta accessible via web browsers, offering features like driving/walking directions, place information with photos, hours, ratings, and reviews, and the ability to order food. Compatible with Safari and Chrome on Mac and iPad, plus Chrome and Edge on Windows PCs, it currently supports English with plans to expand languages, browsers, and platforms. Additional features like Look Around will be added in the future.
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  • 2 min

PizzaForno’s Heats Up Vending Machine Market

  • Tony Loeb
  • 28 July 2024
🍕 PizzaForno expanded in the first half of 2024, adding six U.S. states including Utah, California, Delaware, New York, Florida, and Maryland, and doubled its expansion compared to the first half of 2023 with 39 new units. Internationally, PizzaForno secured 20 locations in Mexico and installed 18 units in Canada in 2024. The company aims for over 100 units in Mexico soon and plans for 25,000 units by 2028, focusing on campuses and various locations, offering 24/7 pizza vending with a digital-ordering app.
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  • 5 min

Leaning into AI can be scary, but it’s worth it for the hotel industry. Here’s why.

  • HOTELSMag.com
  • 26 July 2024
🏨 Remington Hospitality adopted AI 6 years ago to enhance productivity and optimize data analysis, affecting the bottom line for internal and external stakeholders. AI applications in the hospitality industry include predictive analytics for guest preferences, sales data analysis for product offerings, and potentially, future roles in digital marketing and housekeeping operations. Barriers such as the need for human oversight and the inability to detect tone or nuance in communication emphasize the balance between AI benefits and maintaining human interaction. The industry is poised to continue integrating AI to improve guest experiences while preserving the essence of hospitality.
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OpenAI launches SearchGPT

  • Automatic
  • 26 July 2024
🔍 OpenAI, on July 26, 2024, released a prototype search engine called SearchGPT, challenging Google with its AI-powered capabilities. Initially available to 10,000 testers, SearchGPT uses the advanced GPT-4 model to interpret and organize search results beyond simple link lists, indicating the start of a potential shift in the search engine market landscape.
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Putting generative AI to work for business travel

  • Automatic
  • 26 July 2024
📈 Travel Management Companies (TMCs) are cautiously integrating generative AI (genAI) tools, with more sophisticated applications on the horizon, poised to transform the industry. As of July 26, 2024, TMCs have limited genAI usage to elementary tasks, such as responding to travel policy inquiries and email parsing, due to concerns about AI's accuracy and the high stakes of potential errors. Despite the slower adoption rate compared to other sectors, the anticipation for future capabilities, like improved customer relationship management and advanced AI assistants, is high. 🧳
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