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1764 posts

[[ 18 ]]

How AI and social commerce are shaping the future of travel

  • Automatic
  • 8 April 2025
📱 On Apr 8, 2025, at WiT Africa 2025, it was presented how AI and social commerce are reshaping the travel industry. Social media platforms have overtaken traditional search engines for travel discovery. Smartphone adoption in Sub-Saharan Africa is expected to rise, influencing travelers' booking behaviors. Key points include AI advancing from discovery to personalized agents, a pivot to "social-first" strategies by companies like Travelstart, influencers driving bookings with an emphasis on authenticity, and AI enhancing the human aspect of travel by automating routine tasks.
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Why independent hotels have the tech edge

  • Automatic
  • 8 April 2025
🏨 On Apr 8, 2025, Mews CEO Matt Welle and L+R Hotels’ Joe Pettigrew discussed the importance of combining financial skills with guest experience, flexibility, and tech-savvy approaches for successful hotel investment. Key points included the advantage of independent hotels having custom tech stacks, the emerging practical uses of AI, like large language models, for enhancing guest engagement, and the crucial role of investors in driving innovation. Hospitality's core remains providing a warm, personal guest experience, supported but not replaced by technology.
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  • 3 min

From $169 to $600: How Mobile Revenue Tools Capture Last-Minute Demand – LodgIQ

  • Team LodgIQ
  • 7 April 2025
💼 In the volatile hotel market, shrinking booking windows, local events, and social media can lead to rapid demand changes, necessitating immediate rate adjustments. Utilizing mobile access for real-time reactivity, decentralized control, data at fingertips, and continuous optimization is crucial. Agile revenue management enables instant rate updates from anywhere, using mobile apps or responsive dashboards to access KPIs such as pacing, pickup, occupancy rate, ADR, RevPAR, and total revenue. This dynamic approach can boost profits by 15–30% annually.
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  • 1 min

WATCH: Guest Engagement & Table Management Trends for Full-Service Restaurants

  • Automatic
  • 7 April 2025
📈 At MURTEC 2025, Hospitality Technology's Editor-in-Chief Robert Firpo-Cappiello and Nadav Solomon from Tabit discussed full-service restaurant tech trends, emphasizing guest engagement and table management. They highlighted the role of AI, mobile apps, and real-time data in personalizing customer interactions to increase satisfaction and retention.
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  • 3 min

Maximize hotel revenue without discounting | Duetto

  • Duetto Content Team
  • 7 April 2025
🏨 Hotels and resorts often offer discounts to attract bookings, but this may harm brand integrity and margins. Value-added offers, prioritizing direct bookings, a strong brand presence, leveraging revenue management systems (RMSs), focusing on total revenue per available room (TRevPAR), and forming strategic partnerships can enhance guest experience and loyalty while maintaining profitability. Advanced technologies and data-driven marketing allow luxury and niche hotels to personalize experiences and optimize total revenue without relying on discounts, moving away from mass promotions to sustainable performance growth.
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  • 1 min

Map of the week: hotel openings – April # 1 2025

  • k.fytaki
  • 7 April 2025
🏨 Hospitality ON has mapped out the latest global hotel openings, including hotels from groups and chains. Newly opened hotels are marked yellow, announced openings in blue, rebranded or reopened hotels in green, and signed projects in orange. They provide locations, photos, and essential details of these developments. The map covers the past 10 days and focuses on hotels within networks.
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  • 25 min

Hospitality’s Early Warning Signs: What the Data Reveals About the Economy Ahead – Jamie Lane, AirDNA

  • Josiah Mackenzie
  • 7 April 2025
📈 Jamie Lane, chief economist at AirDNA, with experience at CBRE and PKF, discussed the evolving role of data in hospitality in a podcast. Data interpretation is vital for trends in demand, internal vs. external market data, and strategizing. Short-term rental (STR) demand trends indicate market changes and development opportunities. STR lead times can provide insights into future hotel demand. Since the start of 2025, uncertainties in the economic climate, like stock market corrections, have impacted consumer travel decisions and increased recession fears. Jamie emphasized the 'wealth effect,' where consumers' perceived wealth influences their spending on travel.
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  • 6 min

Why Context is Everything in Hotel Analytics: Six Real-World Lessons

  • Revfine.com
  • 7 April 2025
📊 Hotel analytics lessons: A hotel's 5% booking pace lead may be misleading if market pace is 7% up; a 12% revenue increase can mask a 15% rise in acquisition costs, harming profit margins; a Premium King Room's low ADR in PMS reports might be due to free upgrades; a 20% meeting room occupancy increase doesn't guarantee revenue growth if events are discounted or space is used inefficiently; a 15% F&B revenue increase may not reflect profitability if driven by low-margin sales; benchmarking is crucial as a 10% RevPAR increase can be disappointing if competitors grow by 15%. Context is key in hotel analytics to avoid false conclusions and improve decision-making.
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  • 4 min

Broadened Horizons: 3 Ways Revenue Management Tools Can Influence Commercial Success

  • Revfine.com
  • 6 April 2025
📈 Advanced revenue management tools are enhancing hotel profitability by integrating sales, marketing, and revenue management. These systems enable better evaluation of group business opportunities, leverage demand forecast data for targeted marketing, and manage event space to maximize potential. They address the perishable nature of rooms and function spaces, driving strategic decisions and incremental gains. For sustained commercial success, hoteliers must challenge traditional processes and embrace data-driven approaches. 🏨
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  • 6 min

What ChatGPT Operator means for hotel bookings

  • Kristina Liebute
  • 4 April 2025
💻 OpenAI's image generator, released over the last couple of months, reached a million users within an hour, causing a temporary crash. Another OpenAI release, Operator, an AI-powered digital agent, can autonomously complete web-based tasks, such as booking hotel rooms, without API integrations. Currently, it's a research preview available to OpenAI Pro users in the U.S. Operator presents both challenges and opportunities for hoteliers, from potential OTA preference to AI-driven personalized guest experiences and dynamic pricing strategies. Mews, with its cloud-based platform, helps hotels adapt to AI advancements, offering automated check-ins, dynamic pricing, and real-time updates.
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