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1681 posts

[[ 18 ]]

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  • 5 min

Travel Tech Essentialist #160: Loyalty

  • Mauricio Prieto
  • 11 November 2024
💰 Airobot, founded in 2018, simplifies airline and airport ancillary sales for travel agencies and airlines with services like Automated Check-in, boosting ancillary revenue. They will attend the Phocuswright Conference in Phoenix, November 19-21. Virgin Atlantic considers separate loyalty programs for US and European customers, addressing the high point accumulation from US credit cards and the need for fixed points for European customers. McKinsey highlights Travel Tuesday's growth, after Cyber Monday, as a prime time for travel deals. Booking Holdings, Expedia, and Airbnb report Q3 results with room night bookings up by 8%, 9%, and revenue growth by 10%, respectively. Paid services to skip lines at theme parks and airports are on the rise, with GetYourGuide noting a fivefold increase in sales of such experiences since 2019. Phocuswright's top 25 travel startups to watch in 2025 include companies recommended by Travel Investor Network in 2022, 2023, and 2024. Travel Tech Essentialist Job Board lists positions like Senior AI Engineer in New York City with a salary range of $185k - $220k plus equity. Newsletter sponsorship opportunities for 2025 are now open for travel tech professionals.
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  • 2 min

Accor reveals top travel trends and…

  • Travel Weekly Group Ltd
  • 11 November 2024
🎵 Accor's research predicts 2025 travel trends, revealing 1 in 7 Brits will use AI-driven 'AI-tinerary'; searches for this tech in travel increased 100% in a year. 58% prefer lesser-known places, with "hidden gem holidays" searches surging 150%. 24% of Brits plan solo trips, as related searches grew 30%. Food tourism attracts 32%, "cooking tourism" queries up 250%. Concert travel is popular, with 32% planning trips around music events like Oasis, Coldplay, and Dua Lipa tours in 2025. Top 2025 destinations: New York City, Singapore, Maldives, Mauritius, Dominican Republic.
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Booking.com may cut jobs as part of reorganization plan

  • Automatic
  • 11 November 2024
💰 Booking Holdings, after a 13.6% increase in Q3 operating expenses, is reviewing Booking.com for potential reorganization by end of 2024. The review, announced on Nov 11, aims to maintain agility and drive innovation within the competitive industry. Booking Holdings, with 23,600 employees as of 2023, is also upgrading systems and processes. Other brands like Priceline and Agoda are unaffected. Details are yet to be finalized.
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Top trends driving hotel companies’ Q3 results

  • Automatic
  • 11 November 2024
🏨 On Nov 11, 2024, Marriott, Choice Hotels, Wyndham, IHG, and Hyatt reported record pipeline growth in Q3, driven by hotel conversions. RevPAR growth was attributed to strong group travel demand and luxury hotel performance. Industry leaders see group travel strength as a positive indicator. Full details at Hotel Dive.
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Amadeus reports strong third quarter results

  • Automatic
  • 11 November 2024
🏨 Amadeus reported double-digit growth in the first nine months of 2024, including strong Q3 results announced on November 11, 2024. Marriott International, Choice Hotels, and Wyndham Hotels & Resorts hit record pipeline levels in Q3 due to robust signings, with IHG Hotels & Resorts and Hyatt also expanding. Hotel conversions boosted room growth, offering a quicker alternative to new construction, and group travel lifted Q3 RevPAR for major hotel brands like Marriott, Hyatt, and IHG.
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  • 37 min

Ascension – Ashli Johnson, Hospitality Hued

  • Josiah Mackenzie
  • 10 November 2024
📌 Hospitality Hued, led by founder Ashli Johnson, aims to elevate Black and Brown leaders into positions of leadership and ownership in the hospitality industry. The initiative provides hospitality professionals with tools, networks, and insights for success. Ashli emphasizes the transferability of hospitality skills to other industries, noting the sector's attractiveness for its mix of business and heart. She credits the late Ray Bennett of Marriott International as a formative influence, highlighting his dedication to accessible leadership and creating opportunities for others. Hospitality Hued is actively changing recruitment strategies to address the lack of diversity in hotel executive leadership. Ashli Johnson's work exemplifies a commitment to a more inclusive and equitable hospitality industry.
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  • 5 min

Northcote Obsession Celebrates 25 Years With A Captivating Chef Line-Up Showcasing The Very Best In Hospitalty

  • Sophie Weir
  • 8 November 2024
🍴 Northcote's Obsession, a gourmet festival in Europe, marks its 25th year from January 24th to February 9th, 2025. Featuring 21 chefs with a combined 27 Michelin stars, the event will unfold over 17 nights at the luxury Lancashire hotel, Northcote. Chefs from around the world, including Singapore and South Africa, will participate. Obsession began in 2001 and continues to offer guests memorable culinary experiences. Tickets for Obsession25 go on sale on November 13th, priced at £220 per person, with optional wine flights from £70.
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  • 3 min

Global RevPAR improves in Q3 fueled by major events, finds JLL study

  • Kathakali Nandi
  • 8 November 2024
🏨 Global hotel RevPAR rose 13% in Q3 2024 compared to Q3 2019, attributed to events like Taylor Swift’s Eras Tour and the Paris Olympics according to JLL. Asia Pacific demand was unstable, influenced by China's economic slowdown. Cross-border investment surged, with U.S. private equity focusing on Europe and Asia. International travel nears full recovery, urban RevPAR outperforms 2019. Transactions in Q3 2024 reached $42.1 billion, 953 in total, with luxury trades exceeding $2 million each. Top markets were London ($2.1 billion), New York ($1.6 billion), and Osaka ($1.4 billion).
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  • 5 min

How Radisson is making revenue a team sport | Duetto

  • Duetto Content Team
  • 8 November 2024
🔔 Gianni Di Fede, Senior Vice President at Radisson Hotel Group since 2017, aimed to enhance revenue operations. Radisson has structured global revenue management that extends from global to local levels. The Revenue Club, with technology partner Duetto, held its first post-pandemic meeting in Gran Canaria in June. Radisson's Corporate Support Office comprises teams for revenue management, distribution, and business intelligence, with specialized units like rate loading, five-year planning, and revenue operations. Madri, St Petersburg, and Dubai serve as Global Centres of Excellence for their respective regions. EMMA, Radisson's technology platform, integrates core functions and utilizes Duetto. Cluster operations help manage revenue in multi-hotel cities by applying unified strategies, while local input involves flexibility and empowerment at the hotel level.
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  • 2 min

The Future of Delivery: How Restaurant Owners Can Maximize their Future Profits

  • Tony Loeb
  • 7 November 2024
📦 Restaurants must meet customer expectations with efficient ordering systems across online, mobile, and phone channels. In-house delivery control ensures quality and standards are met, while statistical data shows that 67% of consumers avoid third-party apps due to fees, 23% desire better delivery tracking, and 51% are influenced by coupons and promotions. Investing in technology like advanced POS systems and integrated online ordering can maximize profits, reduce errors, and increase customer loyalty.
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    Less Noise, Better Focus: Why Generative AI Is Finally Changing Revenue Management

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  • Quicktext becomes Quinta. Tomorrow, your bookings will go through AI agents. Are you ready?
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    Less Noise, Better Focus: Why Generative AI Is Finally Changing Revenue Management
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