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10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
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    • Revenue Management
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TOP NEWS

1764 posts

[[ 18 ]]

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  • 3 min

From Burnout to Breakthrough: 3 Ways Revenue Managers Will Rule 2025

  • Anders Johansson
  • 19 December 2024
📋 In 2025, Revenue Managers aim to balance workloads, increase status, and adopt modern tools to focus on strategy rather than manual tasks. They seek recognition for their role in driving hotel profitability and demand access to business intelligence systems to eliminate outdated practices. The call to action urges General Managers to support these goals, recognizing the crucial contributions of Revenue Managers and investing in their empowerment for a more efficient and successful hotel operation.
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  • 2 min

Sustainable Hospitality Starts with Smarter Energy Solutions

  • Automatic
  • 19 December 2024
🏕 A Booking.com study involving 33,000 travelers reveals 75% desire sustainable travel within the next year, prioritizing green hotels to lessen carbon footprints. VRF heat pump solutions offer higher efficiency and lower emissions compared to conventional HVAC systems, adjusting energy use based on occupancy. Hotel Marcel in New Haven, Conn., exemplifies energy innovation as the first U.S. Passive House-certified zero-emission hotel, with 165 rooms powered by 100% renewable electricity and over 1,000 solar panels.
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  • 4 min

Five Tourism Trends that Will Shape the Future of the Industry

  • Automatic
  • 19 December 2024
🏖️ In 2024, global tourism is predicted to reach over 1.5 billion international arrivals with revenues exceeding $2 trillion, as per UNWTO. AI-driven sustainability is key, with 74% of travelers aiming to reduce their environmental impact. Over half invest in vacations for personal well-being, and 'bleisure' travel merges business with leisure, supported by remote work flexibility. Nearly 2 out of 3 travelers prefer live experiences. Les Roches launched a BSc in Sports Business Management and a Diploma in Cruise Line Management, gearing up for industry demands.
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The Evolving Role of AI in Employee Scheduling, Retention

  • Automatic
  • 19 December 2024
📈 Legion’s 2024 State of the Hourly Workforce Report highlights scheduling flexibility as a top factor for employee retention. Restaurant labor costs are rising, emphasizing the value of experienced staff. Managers cite lack of schedule flexibility as the biggest challenge in retaining employees, following pay. Hourly workers consider schedule flexibility one of the top three valued aspects of their job. AI in scheduling helps address the complexity of logistics, compliance, and varying business needs, with over 29% of managers feeling unsupported and 53% lacking time for enjoyable job aspects. 🍽️
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  • 2 min

Hays Travel renews Traveltek deal for three…

  • Travel Weekly Group Ltd
  • 19 December 2024
🏖 Traveltek has renewed its partnership with Hays Travel, the UK's largest independent travel agent, for three more years. This collaboration, lasting over 15 years, will continue to utilize Traveltek's iSell technology to boost operational efficiency and customer satisfaction. The partnership furthers innovation in travel solutions, including a modernized cruise search and automated Cruise PNR development. Traveltek also supports Hays Travel's loyalty app in collaboration with Digitaltravel.io. The commitment aims at driving digital transformation well into 2025 and beyond. Jonathan Woodall-Johnston, COO of Hays Travel, emphasizes the importance of this relationship in enhancing efficiency and customer service.
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  • 2 min

Schmetterling partners with Servantrip to…

  • Travel Weekly Group Ltd
  • 19 December 2024
🏗 Servantrip, a B2B platform, partners with Germany's Schmetterling International, benefiting 14,000 travel agents in 30 countries. This alliance provides access to 700,000+ activities across 16,500 destinations in 194 countries. The collaboration enhances cross-selling and real-time bookings for supplier partners in hard-to-reach markets. CEOs Ömer Karaca and Manuel Núñez express commitment to innovation and customer satisfaction, aiming to transform travel experiences.
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  • 18 min

Beyond Buzzwords: The Truth about Guest Experience – Danica Smith, MorningStar GX

  • Josiah Mackenzie
  • 18 December 2024
📝 In an interview, Danica emphasizes the true essence of guest experience in hospitality, critiquing overused industry buzzwords. She argues that a guest's experience begins the moment they arrive and that everything prior is irrelevant if the room is not up to standard. She stresses the importance of guest feedback and its impact on recommendations and online ratings on platforms like TripAdvisor or Booking.com. Danica also discusses the role of hotel technology, personalization, and AI in managing guest expectations. The conversation touches on post-COVID hotel strategies, the gap between operations and commercial functions, and the importance of culture in guest experience excellence. Companies like Belmond Hotels are highlighted for their cross-departmental focus on guest data and high Global Review Index (GRI) scores. The interview also covers the evolving landscape of guest feedback, with the rise of fraudulent reviews and changing dynamics among review platforms. Danica concludes that understanding and improving guest experience must be a collaborative effort driven by culture, with leaders open to team feedback and committed to empowering employees to enhance guest satisfaction.
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Human Touch and Technology: Discussing Hospitality Communication and Experiences

  • Editorial Team
  • 18 December 2024
🏨 Juanda Núñez and Florencia Cueto Pedrotti discuss hospitality communication, emphasizing humanized strategies over sterile presentations. Integration issues and outdated systems are major challenges that require attention. Personalization and storytelling are key to building emotional connections and guest loyalty, while AI and modern technologies enhance productivity and personalization at scale. The industry's focus is shifting from price competition to customer experience, with an ongoing balance between technological efficiency and human-centric service delivery.
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  • 8 min

Build and Boost Your Hotel Brand – Time Tested Strategies that Work

  • Akanksha Mohapatra
  • 18 December 2024
🏨 Hotel branding encourages direct bookings, bypassing OTA fees and raising occupancy rates. Cornell Hospitality research shows hotels with strong branding enjoy up to 23% higher revenue per available room (RevPAR) compared to those without. Effective branding fosters pride in guests, making them advocates for the hotel. Standing out in a competitive market, trust, and recognition are crucial for guest retention. Advancing a hotel brand involves storytelling, consistency in visual identity, leveraging technology for personalization, and embracing sustainability to align with guest values. A well-executed brand strategy distinguishes hotels, creating a memorable experience that cultivates loyalty and preference.
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  • 4 min

Visito Surpasses 2 Million Guest Interactions

  • Automatic
  • 18 December 2024
🏨 Hostaway, all-in-one vacation rental software, received a strategic growth investment of $365 million led by General Atlantic, with PSG Equity participating, becoming significant minority shareholders. Founded in 2015, Hostaway has over 230 employees in 44 countries, serving customers with properties in over 90 countries. With 200+ marketplace partners, it offers property management, channel management, AI, automation, analytics, communication, marketing, and operations tools. The short-term rental sector is valued at $133 billion, growing at 12% CAGR. Hostaway is expanding, especially in France, Spain, and Italy.
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