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Market Trends

1380 posts

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  • 4 min

Phunware Survey on Resort Guest Digital Experiences Highlights Connection Between Mobile App Integration and Guest Satisfaction

  • Tony Loeb
  • 22 November 2024
📈 Accor's study with 9,000 professionals indicates 85% believe prioritizing in-person meetings could significantly boost revenue by an average of 36% within a year. A potential 37% more deals could be closed face-to-face. In-person meetings are considered more effective by 92% for external and 85% for internal interactions, equating to the impact of three virtual meetings. Business travel is driven by a 34% need to close deals, while 68% prefer in-person client presentations, and 77% for site inspections. Despite digital advances, the human touch remains critical for business success and fostering relationships.
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Pickpad Receives CES 2025 Innovation Award for Restaurant Tech

  • Tony Loeb
  • 21 November 2024
📈 Accor's research, involving 9,000 global professionals, finds a projected 36% revenue increase from in-person meetings. A striking 85% believe prioritizing face-to-face interactions can significantly boost revenue. Professionals estimate 37% more deals closed with in-person meetings, with 81% agreeing on better business outcomes. In-person meetings are deemed more impactful than virtual ones, equating to the effectiveness of three virtual meetings. The primary driver of business travel is closing deals (34%), with client presentations (68%), and contract negotiations (70%) preferred in person. Sophie Hulgard, Chief Sales Officer at Accor, emphasizes the irreplaceable commercial value of face-to-face interaction, suggesting a hybrid future for business interactions.
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  • 2 min

Hotels as Gateways: Connecting Guests to Authentic Destination Experiences – Christine Morairty, Palisades Hospitality Group

  • Josiah Mackenzie
  • 21 November 2024
🏨 Christine Morairty, VP of Brand + Marketing at Palisades Hospitality Group, discusses hotel's role in enhancing travel experiences on Nov. 21, 2024. The episode highlights strategies for hotels to immerse travelers by collaborating with local businesses, blending tradition with innovation, and using "intuitive programming." Palisades Hospitality Group's Mosaic collection exemplifies this approach. Sponsored by Sojern, the episode also mentions a report on building profitable guest relations.
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  • 2 min

Internationally Famed Restaurant Group, Nobu, Chooses SODIC’s Easttown District New Cairo As Its First Egyptian Location

  • Megan Carley
  • 19 November 2024
🏠 Nobu to launch its first hospitality concept in Egypt at SODIC's EDNC in New Cairo, scheduled for early 2025. The project, located on Road 90 adjacent to The American University in Cairo, covers 14,765 square metres and features Japanese-Peruvian fusion cuisine. Nobu will expand with residences, a hotel, and a restaurant in SODIC's Ogami development on Egypt’s North Coast. EDNC aims for sustainability with a 40% energy consumption reduction, 33% water usage cut, and 22% lower embodied energy, leading to EDGE Advanced certification.
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  • 4 min

Dezeen Awards China 2024 reveals 34-strong interiors shortlist

  • Kaia Wang
  • 19 November 2024
🏠 Dezeen Awards China 2024 shortlists for interiors announced, featuring projects across 15 Chinese cities. Partnerships include Bentley and the event will culminate in December at the historic Zhang Yuan site in Shanghai. Categories include health and wellbeing, home, workplace, exhibition design, hotel and short-stay, retail, and restaurant and bar interiors, with winners to be crowned at the awards party. Recognized firms include Linehouse, Say Architects, UNStudio, and Conran and Partners. 🏆
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  • 2 min

“Don’t SOP the Life Out of a Hotel” – Tim Harmon, Palisades Hospitality Group

  • Tony Loeb
  • 19 November 2024
📰 Tim Harmon, founder and CEO of Palisades Hospitality Group, advocates for storytelling and spontaneity in hotel operations, emphasizing the balance between consistency and creativity in hospitality management. He highlights the need for hands-on leadership and a trust-based, empowering culture to achieve exceptional guest experiences that also deliver financial returns. Harmon stresses the significance of being present at properties to connect with their unique energy and dynamics and believes in motivating employees for financial success.
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  • 1 min

Furikake, a Japanese seasoning blend

  • NRN staff Datassential.
  • 18 November 2024
🌱 Furikake, a Japanese seasoning blend containing seaweed, sesame seeds, and dried fish, is witnessing a 36% growth on restaurant menus over four years, with a forecasted rise of 52% in the upcoming four years, according to Datassential’s Menucast. The seasoning, which appeals to Asian consumers and those interested in global flavors, is increasingly used by chefs in the United States to enhance various dishes due to its umami-rich taste and minimal cost implications for restaurants.
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  • 2 min

Treat yourself this Christmas with Innside by Melia UK

  • Megan Carley
  • 18 November 2024
🎄 INNSiDE by Meliá UK offers Christmas festivities in Liverpool, Newcastle, and Manchester with a winter tea tasting event in collaboration with Bird & Blend Tea Co. On December 4th, INNSiDE Manchester and Liverpool will host hour-long sessions from 7PM, priced at £10, including nine tea flavors and discounts. Newcastle's event is on December 10th. The hotels also feature Gino D’Acampo's festive Italian menus and stays from £99 for exploring local Christmas markets.
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Kimpton’s Formula for Success: Restaurants, Bars, and Neighborhood Connections – Anthony Torres

  • Tony Loeb
  • 14 November 2024
🍴 Anthony Torres, a top food and beverage leader, discussed Kimpton Hotels' impact on hospitality on Nov. 14, 2024. He highlighted Kimpton's role in starting the boutique hotel movement in the U.S., its distinct separation of hotel and restaurant management, and the significance of chef-driven restaurants and vibrant bars to create neighborhood hubs. Additionally, Torres emphasized the importance of local partnerships, maintaining a brand’s culture within a corporate structure, and the unifying power of hospitality.
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  • 3 min

Schweizerhof hotel & spa

  • Sophie Weir
  • 13 November 2024
🏦 Schweizerhof Hotel & Spa in Bern, a UNESCO heritage site, and Swissline both celebrate milestones in 2024: 165th and 35th anniversaries, respectively. The hotel introduces six Swissline treatments and a special spa package. The 500 sqm spa features a heated pool, Finnish sauna, steam room, and three treatment rooms. Treatments range from 30 to 75 minutes, focusing on skin barrier support, collagen production, and addressing inflammation. From October to December 2024, guests can enjoy the "A Moment in Time Ritual" promotional package.
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