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TOP NEWS

1764 posts

[[ 18 ]]

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  • 1 min

The Magic Behind citizenM’s Success – Michael Levie

  • Josiah Mackenzie
  • 21 January 2025
🏦 In an episode dated Jan. 21, 2025, Michael Levie, co-founder of citizenM, shared the innovative strategies and operating approach that led to the company's success in the hospitality industry. The discussion is featured on the Hospitality Daily Podcast and highlights citizenM's differentiated position in the market.
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  • 8 min

Turning Data into Profit: Three Pillars of Data-Driven Decision-Making

  • Anders Johansson
  • 21 January 2025
📈 Hotels miss revenue opportunities due to fragmented systems and underused analytics. Data integration and organization require breaking down silos between departments and systems. Essential KPIs like NetRevPAR, Flow Through, and Guest Satisfaction guide strategic decisions. Predictive analytics aid in forecasting demand to align pricing and staffing. Personalization through segmentation increases guest spend and loyalty. Effective implementation involves cross-functional collaboration, staff training, and leadership buy-in. These steps transform raw data into actionable intelligence, optimizing hotel performance and profitability.
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  • 3 min

Data reveals Benidorm and Turin lead…

  • Travel Weekly Group Ltd
  • 21 January 2025
🌎 Benidorm named European Green Pioneer of Smart Tourism and Turin awarded European Capital of Smart Tourism for 2025 by the European Commission. Benidorm became the first Certified Smart Tourism Destination in 2015 under UN Standard 178501, achieved a Seasonality Balance Index of 84.6, a Tourist Product Balance Index of 64.7, a 59% increase in active tourism demand, and extended average stays to 6.2 days. The city's Climate Change Strategic Plan (PACC), launched in 2021, is 40% implemented, with a positive Climate Perception Index of 90.2 (+7% over five years). Turin's transformation into a cultural destination is underscored by a Sentiment Score of 89/100, with flagship events in 2024 generating over €32 million. Its Destination Sustainability Index (DSI) score is 70/100, and an Overtourism Pillar score of 81/100 indicates effective visitor management.
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  • 3 min

Guest Post: The busiest time for bookings:…

  • Travel Weekly Group Ltd
  • 21 January 2025
💳 January is the busiest month for travel businesses with high online holiday search and booking numbers. The UK travel and tourism industry, highly competitive, necessitates distinct experiences and streamlined payment processes. Payment Service Providers (PSPs) facilitate diverse payment options, such as Buy Now, Pay Later, Open Banking, and tokenization, enhancing transaction efficiency and security. Pay by link with 3D Secure 2 protocols is gaining popularity for its convenience and added security. UK Finance reported over £551 million in losses to payment fraud in 2023, with spikes during peak periods. Improved payment security and transparency build customer trust. Efficient payment systems boost operational efficiency, allowing travel businesses to handle more bookings and maintain service quality during high demand. Missed payment system enhancements can lead to lost revenue opportunities. Partnerships with PSPs can provide strategic advice and tailored services, crucial for managing fraud risks and high-volume transactions.
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Millennial travel trends set to remain relevant in 2025

  • Automatic
  • 21 January 2025
📱 Millennials, as of Jan 21, 2025, have pivoted towards authentic and impactful experiential travel over traditional tourism. They're adopting green travel, seeking sustainable accommodations and activities. The rise of remote work has birthed "workations" and digital nomadism, blending work with travel. They prefer paying more for exclusive, high-quality travel experiences and personalized adventures, favoring comfort and authenticity. Full details on these changing trends are available at Newsweek.
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  • 5 min

The Digital Guest Journey: Why Most Hotel Strategies Are Outdated and How to Fix Them

  • Alba Navarro
  • 20 January 2025
📰 Google introduced a non-linear guest journey model in 2015, highlighting the "messy middle" where decisions are made across various digital touchpoints. Hotels risk losing to OTAs without adapting to modern strategies, including AI. OTAs may increase hotels' CPCs and dilute ROI. Effective digital marketing requires investing 2-4% of booked revenue, with an emphasis on brand awareness and conversion activities. First-party data is essential, as third-party cookies phase out. Outdated booking engines lead to lost opportunities, while a modern engine offers dynamic pricing and AI-driven personalization. Hotels that don't maintain rate parity with OTAs spend an additional €3,000 per 10,000 clicks. Post-booking engagement can reduce cancellations and upsell services. The right tech stack, including CRM and AI tools, underpins successful strategies. Video content on social media platforms can enhance brand awareness. Emerging trends include voice search optimization, sustainable travel marketing, and enhanced personalization.
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The citizenM Founding Story (And What It Teaches Us Today) – Michael Levie

  • Josiah Mackenzie
  • 20 January 2025
🏨 On January 20, 2025, Michael Levie, the co-founder of citizenM, shared the brand's founding story, including challenges and unique strategies in the hospitality industry. The episode highlights citizenM's innovative approach and is supported by Shiji Group, a global hospitality technology leader. The podcast encourages turning ideas into action for business and guest service improvement, featuring music produced by Clay Bassford of Bespoke Sound.
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  • 1 min

Crack the Code: SWOT Analysis Tips Every Hotel Needs

  • Vanshikha Dhar
  • 19 January 2025
🏨 SWOT analysis is crucial for hotel success, highlighting strengths to leverage, weaknesses to address, and opportunities to improve guest experiences and increase profits. Authored by Vanshikha Dhar and associated with Hotelogix, the SWOT analysis guide aims to strategize growth in the hospitality industry.
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  • 3 min

Guest Post: Payment automation – The secret…

  • Travel Weekly Group Ltd
  • 19 January 2025
💳 In the "Serviced Apartments Innovations in Technology 2025" report, only 19% of serviced apartment operators have fully automated financial administration. Gen Z, a key market for the industry, makes 87% of purchases via phones, using debit cards (42%), credit cards (28%), and alternative methods (30%) such as Apple Pay and PayPal. Automated payment solutions are critical in the serviced apartment sector for efficiency and meeting rising guest expectations, especially since the Gen Z market is expected to contribute $200 billion to the travel industry.
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  • 3 min

Samsung’s 2025 Hotel TV Lineup Brings Award-Winning The Frame and Google Cast to Hospitality, Redefining Luxury and Innovation

  • Automatic
  • 18 January 2025
📈 Duetto's 2025 hospitality trends report indicates major challenges for hoteliers: increased costs, AI, personalization, evolving revenue metrics, and data. Investment in revenue technology remains strong, with 54.5% planning to purchase a revenue management system (RMS) and 61.1% set to increase technology budgets. AI's impact on revenue management is growing, but hoteliers hesitate to trust it fully without human input. KPIs are shifting towards TRevPOR and GOP for clearer profitability views. Data integration is key for actionable insights, affecting pricing and revenue strategies.
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