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TOP NEWS

1540 posts

The day’s essential hospitality headlines: must-read news for hotel professionals, curated by our editors.

Ultimate Buyer’s Guide to Revenue Management Systems

  • Tony Loeb
  • 22 October 2024
💾 Embracing advanced revenue management systems (RMS) is crucial in the hotel industry. A guide by Hotel Tech Report details RMS benefits, AI's role, and selection insights, including features, ratings, and integrations. It provides hoteliers' reviews, expert advice, vendor questions, and key monitoring KPIs. Also included are pricing models, cost ranges, and implementation strategies, plus additional resources for further education on elevating operational profitability with technology.
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  • 9 min

Hotel Productivity: Balancing Efficiency and Continuous Improvement

  • Anders Johansson
  • 22 October 2024
📌 Hotels must balance productivity with efficiency and service quality, ensuring labor is optimized without overworking staff or sacrificing guest experiences. Optimal productivity intervals are key, avoiding inefficiency and overextension. Continuous improvement and embracing innovations like robot vacuum cleaners and business intelligence tools are vital for staying competitive. Implementing these technologies can enhance efficiency, employee satisfaction, and guest experiences, avoiding complacency and fostering a culture of innovation.
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  • 3 min

Staying Ahead with Key Digital Marketing Updates for Hotels | October 2024

  • Kushal Walia
  • 21 October 2024
🏨 In October 2024, digital marketing trends emerged for the hospitality industry involving platforms like Google, Meta, TikTok, LinkedIn, and Pinterest. Google Ads introduced image extensions to YouTube campaigns, allowing hoteliers to showcase amenities and increase bookings. Meta's Click-to-Messenger facilitated direct customer communication, enhancing service personalization. TikTok created opportunities for interactive campaigns and branded challenges, targeting younger demographics. LinkedIn personalized corporate outreach via Sponsored Messages, aiming at B2B marketing. Pinterest partnered with influencers for authentic content, improving trust and engagement. These strategies are vital for hotels to stay competitive and enhance customer experiences.
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Jollibee Launches Loyalty Program

  • Tony Loeb
  • 20 October 2024
🏨 RoomRaccoon, a hotel management system, partners with Pxier, an event and spa management software, to integrate services. The collaboration offers a two-way integration, enabling real-time data synchronization for independent hotels to manage operations efficiently. This integration includes Reservation Feed, Point of Sale, and Channel Manager APIs, enhancing CRM, streamlining billing processes, and simplifying reservations. Hoteliers worldwide can access this comprehensive solution to improve guest services and operational efficiency.
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  • 1 min

The Next Frontier: Innovation at the Edges of Hospitality – Jason Himber, MINA Group

  • Josiah Mackenzie
  • 20 October 2024
📢 Jason Himber, CEO of MINA Group, discussed hospitality's evolution in an episode on Oct. 20, 2024. The industry is integrating with retail, entertainment, and offices, with a focus shift in hotels towards food and beverage offerings. Key mentions include LVMH, Uber Eats, and DoorDash, emphasizing experience-driven innovation. The episode also highlights the role of food and beverage as central to hospitality, regardless of new technological advancements. This discussion is supported by Hireology and includes resources for actioning ideas presented.
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  • 6 min

6 Lessons from Leading Brands for Elevating Hotel Booking Strategies

  • Revfine.com1
  • 20 October 2024
💸 Leading brands such as Airbnb and Booking.com are setting examples for hotel booking strategies with simplified user interfaces and personalized experiences. Airbnb's platform minimizes cognitive load, leading to higher conversion rates. Booking.com's AI and machine learning provide custom search results, while Amazon's one-click checkout exemplifies frictionless transactions. TripAdvisor's use of trust badges and reviews bolsters user confidence. Implementing one-click payments, dynamic pricing, and personalized offers can enhance the user experience and maximize revenue. Price transparency is vital, with OTAs like Kayak offering price guarantees and transparent fee displays. Hotels can leverage these strategies to improve direct bookings and foster brand loyalty, distinguishing themselves from competitors.
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  • 4 min

Overbooking Done Right: How to Fill Rooms Without Upsetting Guests

  • Revfine.com1
  • 19 October 2024
💾 Overbooking in hotels, a revenue strategy, involves booking more rooms than available, expecting cancellations or no-shows. Smart overbooking increases occupancy, improves RevPAR, and offsets cancellations. Strategies comprise setting a 5-10% overbook limit for a 100-room hotel, using demand forecasting, and centralizing decisions. Management tips include focusing on entry-level rooms, diversifying rate plans, and proactive communication. Handling relocations involves planning ahead, showing empathy, and following up. Align pricing strategy with overbooking, adjusting prices based on demand. Properly executed overbooking strategies maximize hotel performance by balancing occupancy, revenue, and guest experience.
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  • 1 min

Lessons From My Unexpected Journey to CEO – Jason Himbar, MINA Group

  • Josiah Mackenzie
  • 19 October 2024
🏥 Jason Himbar, CEO of MINA Group, shared his transition from fast-food franchises to fine dining leadership on Oct. 19, 2024. His journey highlights the significance of preparation, alignment, relevancy, and courage in the hospitality industry. Tips to combat imposter syndrome were also discussed, aiming to inspire and guide those in similar career paths.
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  • 4 min

Beyond Revenue: How Smart Upsell Solutions Improve Hotel Efficiency

  • Revfine.com1
  • 18 October 2024
💸 Smart upsell solutions in hotels, integrated with property management systems (PMS), enable real-time data sharing across departments, leading to improved operational efficiency and personalized guest experiences. These upsells continue throughout a guest's stay, allowing hotels to better forecast demand and manage resources such as staffing and amenities. Personalized offers based on guest data enhance satisfaction, encourage repeat visits, and ultimately contribute to sustained revenue growth. The modern, user-friendly interfaces of these upselling tools also simplify staff training and workflows.
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  • 4 min

Shiji PMS: Transforming Time Hotels

  • Tony Loeb
  • 18 October 2024
🏨 Time Hotels, operating in the UAE, Saudi Arabia, Egypt, and Qatar, plans to expand to 30 properties by 2025, including Mauritius and Africa. The group faced challenges due to a lack of centralization, inefficient operations, and limited reporting with legacy systems. They implemented Shiji's Enterprise Platform (PMS) across six properties, with two more to join within the year, for enhanced personalization, standardized processes, real-time analytics, and scalability. This led to improved operational efficiency, guest satisfaction, data security, and cost savings.
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    The visibility game just got serious for hoteliers

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