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balle028

Proximity Marketing Market: Industry Size and Growth Opportunities with COVID19 Impact ... - 0 views

  • Proximity Marketing market report provides analysis of Covid-19 restrictions imposed on business owners, investors, etc. Due to the fact that locks are performed differently in different regions and countries, the geographical and regional effects change frequently. This study analyzes current market effects in the short and long term and helps decision makers to develop short and long-term business strategies across geography.
  • Competitive assessment and detailed statistical analysis of the Proximity Marketing industry outlook can be found in the latest Proximity Marketing Market Research Report. The Proximity Marketing report will inform readers about market dynamics and trends to present a comprehensive overview of the market. The most important aspects of the Proximity Marketing industry are presented in the study as market growth, market dynamics, threats and cost structures. The dynamics of emerging markets, the latest growth, the development of R&D and major suppliers are discussed in detail. The Proximity Marketing report is segmented by product type, application, and major geographic area.
  • Global Proximity Marketing Market: Regional Segments The different section on regional segmentation gives the regional aspects of the worldwide Proximity Marketing market. This chapter describes the regulatory structure that is likely to impact the complete market. It highlights the political landscape in the market and predicts its influence on the Proximity Marketing market globally.
dmass023

How Brick-and-Mortar Stores Can Move Online in a Hurry - 0 views

  • the quicker companies and shops of all sizes can make the move online, the better for their bottom line.
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    The article details how companies can launch their online platform as quickly a possible during these difficult times. E-commerce will be more prevalent as in person services pose a risk of infection of COVID19.
kcres007

Ziosk sees future momentum after restaurant tech thrived before widespread COVID-19 shu... - 0 views

  • Ziosk’s restaurant products became increasingly popular after the coronavirus began to spread in Kirkland, Wash., said Baum, co-founder.
  • The Dallas company’s touchscreen technology enables remote ordering and other features, and that’s in demand when social-distancing suddenly becomes more important.
  • While the company hasn’t escaped the pressures of the coronavirus, it’s been able to make its case about the future in the restaurant industry and how social-distancing will make its products in-demand over the longer-term. That’s continued to stir interest in the sector and beyond.
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  • Even before the pandemic, Ziosk, while not a consumer brand-name, has attracted big-time customers. On its website, it lists such partners as Olive Garden and Yardhouse. The company provides devices that let customers pay at the table, get access to digital games and see restaurant promotions, along with other services.
  • And now, restaurants are beginning to open again, even if under limitations in some parts of the country.
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    The Ziosk products were popular before COVID19 but have now increased in popular after the spread of the virus. It allows for social distancing by ordering through the Ziosk that sits at tables in restaurants like Olive Garden, helping to minimize contact between the guest and the server.
jalipman

Gale Academic OneFile - Document - The anti-Venmo? Banks' p-to-p payment product eschew... - 0 views

  • Talie Baker, an analyst at Aite Group, said that she does not think users are demanding a social network for P-to-P payments. "Most users are interested in security and ubiquity," she said in an email, referring to the overall size and scope of the payment network.
  • But over time, Zelle's partner banks hope to support a wide range of business-to-business and business-to-consumer payments that seem more likely to generate revenue. Participating banks are also hoping that the P-to-P service will result in more satisfied retail customers, who are less likely to leave for another bank.
    • jalipman
       
      During the COVID19 pandemic this is especially true. A restaurant that can use venmo can create and literally contactless pickup of food as well as retailers can do this as well.
  • "If you owe money, you definitely want to show people that you paid, that you're not a deadbeat," said Crone, the CEO of Crone Consulting LLC in San Carlos, Calif.
    • jalipman
       
      Venmo does leverage social pressures to pay which also can limit its market when "charging people on venmo"
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  • oreover, as Venmo moves into in-store payments, its use of social media may offer a way for PayPal to monetize the app's growing popularity, Crone said. After all, when a social media user endorses a particular retailer, that thumbs-up is valuable to the merchant. So the merchant may be willing to pony up for the positive buzz.
  • So as we're thinking about the use cases for Zelle, sharing the bar tab for last weekend certainly is one of those. But also other use cases that wouldn't lend themselves to some of the comical social interaction that you see," she added.
  • Zelle's architects considered, but ultimately decided against, mimicking Venmo's marriage of payments and social media, according to Alexander.
    • jalipman
       
      Zelle has placed there focus on security rather than the social aspect in order to reach an older market. It seems as if in the long run Zelle will be able to retain its market better when the social aspect of money sharing becomes an issue. (which in my opinion is almost inevitable)
  • t's one reason why the person-to-person payment app Venmo -- which encourages users to share spending habits with friends -- is so popular with the 18-to-34-year-old crowd.
    • jalipman
       
      Venmo came in ahead of the curve in the digital banking market. Mainly targeting a younger demographic it has taken off. But this ahead of the curve mentality has allowed banks to create their own digital banking apps engineered towards the older markets.
  • Transaction volume for Venmo, which is owned by PayPal Holdings, Inc., has grown by at least 130% in each of the last four quarters.
    • jalipman
       
      Venmo being the mainstream digital payment app allows it to continue to dominate. Additionally social pressures to use the app drive the market even further.
  • ts prospects also hinge on whether the big banks have made the right assessment about the willingness of middle-aged folks to mix payments data with their social networks.
    • jalipman
       
      A continual problem with technology advancements is security. In addition to this older people are less willing to use technology and mixing those two together can create an environment where older people are not willing to make the change even if it is more convenient.
  • The successor to a lackluster venture called clearXchange, Zelle is courting adults ages 18 to 54 who already rely heavily on their mobile phones. All told, 103 million U.S. consumers fall into that category. "We would say we're moving P-to-P from millennials to mainstream," said said Lou Anne Alexander, group president of payments at Early Warning Services, the bank-owned company that is developing the system
    • jalipman
       
      Zelle targets a larger demographic allowing it to target possible whole families which eventually would lead to it being the mainstream app overtaking Venmo.
  • But in rebranding and reintroducing a P-to-P payments service, the nation's biggest banks are targeting a broader demographic and betting that people who came of age in the 1980s and 1990s want to be more private about how they spend their money.
  • At the same time, Alexander pointed out that younger adults who have been early adopters of the technology are likely to shape the habits of their parents and other older consumers. "So absolutely we are not ignoring the millennials and their influence," she said.
    • jalipman
       
      This has been mimicked for many things in new technology like smart phones. As well as many social media websites. The younger generation influence drives the market.
  • t's one reason why the person-to-person payment app Venmo -- which encourages users to share spending habits with friends -- is so popular with the 18-to-34-year-old crowd.
laurenperdomo

RFID Hotel, LAS Hospitality Supply Introduce Antimicrobial Key Card Tech - 2 views

  • RFID Hotel and LAS Hospitality Supply, has announced that it has acquired the exclusive right and license to manufacture and distribute a patented and proprietary antimicrobial plastic key card to hotels and resorts in the United States.
  • These key cards contain New Antimicrobial Layer (NAML) technology to inhibit the growth and transmission of germs, viruses and dangerous pathogens that thrive on the surfaces of intensely circulated products such as hotel key cards.
  • Antimicrobial agents are added during manufacture of the hotel key card to inhibit up to 99.99% of germ, virus and bacteria regeneration. The effect is long-lasting with no adverse reactions to anyone interacting with the antimicrobial surface.
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    Now more than ever, introduction of products that help preserve the health of staff and guests are an imperative for hotels and resorts. This article introduces this patented antimicrobial hotel key card technology to the hospitality industry.
blevi022

Rwanda's Tourism Seeks Innovative Minds to Recover from Covid-19 Shock - KT PRESS - 1 views

  • Rwandans with tech or innovative business solutions will this June have an opportunity to pitch their business ideas that could help the country’s tourism and hospitality sector recover from the coronavirus (Covid-19) crisis.
  • Rwanda Development Board (RDB), Private Sector Federation (PSF) ICT and Tourism Chambers will this June 4, host an online conversation and workshop to identify innovations and solutions the technology sector currently has, or could build to support the recovery process.
  • The digitalisation of tourism will play a big role in leading the needed recovery for the economy just like it is helping in other sectors like trade, education and healthcare as global economies face-off the Covid-19 pandemic,”
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  • focus on digitalisation of the tourism sector as the new driver of the economic recovery for tourism businesses, which have been one of hardest hit in the country as a result of closed travel for local and international visitors.
  • We want to be inspired with new ideas. Not only digital way to also expose more ideas, answering the potential challenges that we have, not locked to one way (digitalisation) but many more alternatives of improving the sector going forward,” Kariza told KTPress today. 
  • session will expose the sector to listen into new concepts and ideas that they (participants) have, so as to tackle different challenges emerging from Covid19 but also for the overall sector.
  • government has embarked on starting up a Rwf100billion Covid-19 economy recovery fund, which will largely support the tourism and hospitality, industry, and water, electricity, road infrastructure projects among other income-generating activities.
  • online workshop aims at opening up new opportunities for technology companies to better understand the need in the tourism sector and in doing so develop solutions fit for driving the sector’s growth.
  • largely focus on strategies that could leverage technology to encourage domestic tourism covering but not limited to travel and hospitality sectors.
  • ICT Chamber has been working with the Chamber of Tourism to promote digitalization of the industry, by supporting companies that are serving in the industry through incubation programs at the ICT Innovation Center in Kicukiro district.
  • accelerate digitalization of the tourism sector through public private dialogue. 
  • RDB’s intent is to leverage technology and the solutions we have to stimulate domestic tourism and help the sector’s recovery. Taking lessons from what has been done with e-commerce and the online e-learning platforms. RDB will also present to us their challenges that tech companies can turn into monetize-able opportunities
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    Rwanda is seeking to engage the technology industry in a conversation to generate ways that e-commerce can be used to help the Tourism and Hospitality sector recover in the wake of COVID-19. This will be an online conversation on June 4 to find ways the technology already has or could create to help tourism. It notes how digitization has been important to other sectors of the economy during the pandemic including sectors such as education and Healthcare. By leveraging technology it is hoped that ways can be found to stimulate the tourism industry
Karyn

Innovative Technologies Helping Hotels Get More Eco-Friendly | Manet - Travel & Hos... - 1 views

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    This article is about how technology or different practices can lead to cost benefits for hotels or resorts implementing new standards or eco-centric practices Not only are these great ideas from a public relations standpoint, as the public is more and more concerned with their "carbon footprint," and activities, these are great suggestions for how resorts and hotels can utilize technology to save money at the same time. It's a win-win, whereas, in former times we have been told to be "green," meant spending extra money and losing money in the end. Some of these ideas are about waste practices, some are about LED lightbulbs, some ideas are pretty basic ideas about waste practices. Some of these ideas are about energy-efficient technologies that can be implemented at resorts, and then also training staff to be more energy efficient as well. This is not just a technology idea, but a culture idea as well.
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    Another simple reason I liked this article has to do with hotels either renovating or hotels being built. Or any venue for that matter. Hire architects that understand you want to "go green," be "self-sustainable" as much as possible. Having the architecture allow in more natural light, or work in such a way that reduces heating and cooling costs, as well as implementing free energy standards such as solar panels, may seem expensive, but reduce long term energy costs, can look amazing, and also draw guests. There have been great examples of this kind of architecture in recent years, and this is something the hospitality industry should definitely adopt. We work with guests and want to not only make them feel comfortable, but also impress them time and again. Implementing these types of changes in terms of starting small like this article suggests, and then aiming big...is something that definitely should be rolling around our minds nowadays. Not only that, but now with COVID19, we must find ways to ensure guests of cleanliness. So we have to issues to think about--green technology, and cleaning technology. Maybe blue light activation is something to consider.
nbakir

How fabricators can continue to survive the pandemic - 0 views

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    The article by Conrad and Branton (2020) focuses on the need for technological changes in the metal fabrication industry as a means of compensating for the declined operations for metal manufacturing companies. The article's data was collected from a sample of 330 individuals from the metal manufacturing industry, from different demographical groups. While focusing on the current coronavirus pandemic, Conrad and Branton (2020) note that approximately 90% of people are affected by the pandemic, with 60% being directly or severely affected. The resulting effect is noted as the reduction in the companies' productivity, resulting in dormancy or loss of investments. Approximately 70% of businesses are recorded as expecting lower sales for the year 2020, with 90% registering declined sales in the food and beverage industry. Conrad and Branton (2020) provide that, in solving the issue of dipped productivity and sales, companies may focus on improving their strong points. This focus may be aimed at the issue of uncertain demand in the market, resulting in the need for more effective product mixes. On the other hand, they may focus on meeting the specific customer need through partnerships with vendors. The proposed strategy, in this case, is adopting the Design for Manufacturability (DFM) framework. This means organizing and automating the entire manufacturing process, retaining only the most relevant members of staff. Further, this focuses on standardizing the products to serve multiple purposes, making them easier to manufacture in bulk. The article further provides that approximately 34% of manufacturing companies have considered automation to increase quality and productivity (Conrad and Branton, 2020). Moreover, such aspects as marketing may also be considered in the redesign process. Overall, the article provides that businesses cannot exercise laxity by waiting for normalcy to return, but must be innovative and adapt to the changes in order to survive.
dlevine4195

Has COVID-19 Made Hotels More Sustainable? | The Manual - 0 views

  • These changes have largely been in the form of eliminating that most universal embodiment of hotel amenities, single-use plastic bottles for things like shampoo and soap, and reducing water usage.
  • hotels are also being savvier with energy usage, like using LED light bulbs and taking steps to gain environmental certifications like the Leadership in Energy and Environmental Design (LEED) certification from the US Green Building Council.
  • But the pandemic boosted the necessity of being able to do things while having limited contact with other people, and many hotels implemented remote, contactless check-in, room entry, and even food or amenities access.
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  • Among its benefits, touchless tech is more energy-efficient and can eliminate the need for paper or the increased usage of non-ecofriendly cleaners. 
  • due to the lack of guests, there was a decline in the use of chemicals from cleaners and a reduction in carbon emissions.
  • This included a “dramatic increase in the use of disposable utensils, packaging, etc.”, that some sustainability initiatives were canceled or put on hold, and that “stronger, more toxic” chemicals were being used for cleaning and sanitizing.
  • Some hotels, though, took the pandemic as an opportunity to switch to more eco-friendly cleaning options
  • 2018, Hilton announced a whole host of environmental and social responsibility goals as part of its Travel with Purpose 2030 Goals
  • setting carbon reduction goals in line with the Paris Climate Accord, reducing water use by half, sending no leftover soap to landfills, and overall cutting its environmental impact in half by 2030.
  • However, that lack of guests allowed Hilton to start implementing other parts of their impact reduction plan, like having some of their hotels switch to using renewable energy. 
  • heir guests. Sustainability and eco-friendliness are more important for travelers and hotel guests than ever.
  • global travelers want to “travel more sustainably in the future,” and their 2019 Sustainable Travel Report highlighted that 70% of travelers are more likely to choose and book accommodations that are eco-friendly. 
  • Although current practices like using non-eco-friendly cleaning products and getting rid of unwanted waste may be cost-effective and save hotels money now, these and other findings show that travelers are willing to pay for hotels that go the extra mile for the planet, which will earn hotels loyalty.
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    This article discusses how the pandemic has strongly impacted many hospitality companies to be more "green" for the future.. From contactless key options, to minimizing food waste, to using technology to reduce unwanted waste like paper, it is helping set new green goals for the our planet and future of the industry.
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