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delaneyverger

The Hospitality Industry Needs a Security Wake Up Call. Will the HEI Hotel & Resorts Ha... - 0 views

  • HEI has reported that 20 hotels that it operates in the US may have been targeted by hackers seeking customers’ credit card information. Determining how many and which customers might have had their data stolen is difficult; HEI only discovered the breach in June and it is possible that the malware may have been active since March 1, 2015 in some systems
  • The hotels ranged from Starwood, Marriott, Hyatt, and Intercontinental flags and were located in Florida, Texas, Vermont, Chicago, Ill., Arlington, Va., California, Nashville, Tenn., Minneapolis, Minn., Colorado, Washington, DC and Philadelphia
  • “The current business model of hotels and their franchisees does not provide cyber security as one of the deliverables provided to their licensees,” he said. “Along this same line, the types of equipment/software used by the properties, software patching, and monitoring are woefully inadequate for today’s threats.”
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    This article talks about the recent hack of HEI Hotel & Resorts that occurred in June of this year, where 20 HEI-operated hotels were breached via their POS system. The malware had been discovered in June but the company reported that it could have been active since March 1st, 2015 in some systems. The article also talks about how POS systems are common targets for hacking and goes on to mention some of the other recent cybersecurity risks that have occurred in the industry, where their POS systems were the targets of hacking. The American Hotel & Lodging Association met with a group of other associations to discuss the issues of cybersecurity and look for possible solutions. However, the industry has not taken measures to amplify their security, probably due to the history with certain IT standards, the cost of starting over, and potential privacy issues. The article claims that, overall, the industry has not done much to change the inherent security risks with regards to technology.
rhoff019

Hospitality Upgrade | Maestro PMS Direct Booking Metrics Show Growing Recovery for Inde... - 0 views

  • Hospitality solutions provider Maestro PMS reported a 21% increase in online reservations from June 8th to 15th 2020 over the same period in 2019 from multiple independent properties.
  • average increase based on reservations for the last several weeks from hundreds of properties
  • We have created multiple options that help users deliver a more contact free guest experience
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  • mobile pre-check-in, online payment portal, digital signature capture and express mobile check-out, and streamline front office processes eliminate unnecessary points of physical guest contact
  • additional touchless operations such as mobile key, kiosks, SMS/text messaging and more
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    Maestro reported a 21% increase in online hotel reservations from June 8 to June 15 of this year. This was an increase that was seen at multiple properties that use Maestro. Maestro is also creating many new options for contactless services that the hotels can offer such as mobile key, kiosks, and text messaging.
Donald Wojciechowski

Red Lion Hotels Completes Expansion of Its Credit Facility with Wells Fargo :: Hotel Fi... - 0 views

  • Red Lion Hotels Corporation (NYSE: RLH) announced last Thrusday that the company has completed the expansion of its credit facility agreement with Wells Fargo Bank
  • Under the secured facility, Red Lion Hotels obtained $45 million in a term loan with a 15-year amortization maturing in June 2018.
  • Proceeds from the term loan were used to refinance approximately $38 million in maturing CMBS debt and pay expenses in connection with the transaction.
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  • "Since June 2011, Red Lion Hotels has reduced its debt by over $58 million and purchased $37 million of leased properties using proceeds from the sale of assets," said Shiflett
  • The Red Lion Hotels and Red Lion Inn & Suites network is comprised of 51 hotels with 9,088 rooms and 471,687 square feet of meeting space. The Leo Hotel Collection is comprised of one hotel with 2,956 rooms and 220,000 square feet of meeting space. The Company also owns and operates an entertainment and event ticket distribution business.
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    This article discusses how red lion hotels secured a $45 million loan the 15 year amortization maturing in June 2018 proceeds were used to refinance maturing debt and pay expenses in connection with the transaction. The transaction is being done with Wells Fargo. Red lion hotels Corporation is a hospitality company that is engaged in ownership franchising and operation hotels in 10 states is of May 29 they had 53 hotels system wide
danikafox

Starwood Hotels & Resorts Names Martha Poulter New Chief Information Officer - WSJ.com - 0 views

  • Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the appointment of Martha Poulter, former Chief Information Officer of GE Capital, as the company's new Executive Vice President and Chief Information Officer effective June 23, 2014.
  • "As we transform the way we use technology to keep pace with the fast-changing expectations of our guests, we are delighted to welcome Martha to our team in this key leadership role," said van Paasschen. "In addition to her significant experience leading a large global IT organization, Martha impressed us with her ability to connect legacy platforms with new world technologies. Her innovative approach is exactly what we were looking for as we continue to significantly invest in technology and talent."
  • "Martha will lead a seasoned global IT team that is well integrated into virtually every aspect of our business including brands and global operations
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    According to the article, Starwood Hotels and Resorts has appointed Martha Poulter as the new Chief of Information Officer. CEO, Frits van Paasschen claims that Martha's significant experience in leading a large global IT organization will be very beneficial to the company. She will help the company stay up to pace with the quickly changing technological habits of Starwood's guests. When she steps into her new position on June 23, 2014, Martha will be responsible for leading a seasoned group of IT specialists that are well integrated in virtually every aspect of the business including all of Starwood's brands and global operations. Starwood is looking forward to what Martha has to provide for the company's future.
kristenagosto21

Nine High-tech Solutions to Explore in the COVID-19 Era - Event Marketer - 0 views

  • In fact, in a survey of our audience, 96 percent of respondents said their agencies shifted products and services due to the impact of COVID-19.
  • 67 percent said they are focused on new virtual event services, 24 percent said they’re developing new medical-grade products, four percent said they’re specifically exploring on-site tracing technology (more on that in a bit), while the remaining 50 percent said they were exploring “other” new areas such as touchless modifications to on-site technologies and appointment-based experiences. Overall, 35 percent of respondents reported that COVID-focused products and services currently account for 50 to 75 percent of the overall business.
  • That live-guide component came into play recently for a program in the Faroe Islands tourism arm’s “Remote Tourism” campaign, which in June allowed travelers with itchy feet to control live people on the ground in various parts of the region by using their phone or computer keypad.
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  • That live-guide component came into play recently for a program in the Faroe Islands tourism arm’s “Remote Tourism” campaign, which in June allowed travelers with itchy feet to control live people on the ground in various parts of the region by using their phone or computer keypad.
  • That live-guide component came into play recently for a program in the Faroe Islands tourism arm’s “Remote Tourism” campaign, which in June allowed travelers with itchy feet to control live people on the ground in various parts of the region by using their phone or computer keypad.
  • In addition to shifting into virtual events and building custom digital platform solutions for clients, Sparks opened a  shoppable Social Distancing Store online, complete with directional graphics, touchless utility tools, sanitizing stations, sneeze guards and partitions, and other customizable options.
  • ting events and helping offices and other businesses reopen and maintain key social distancing protocols.
  • supporting
  • In addition to shifting into virtual events and building custom digital platform solutions for clients, Sparks opened a  shoppable Social Distancing Store online, complete with directional graphics, touchless utility tools, sanitizing stations, sneeze guards and partitions, and other customizable options.
  • n addition to shifting into virtual events and building custom digital platform solutions for clients, Sparks opened a  shoppable Social Distancing Store online, complete with directional graphics, touchless utility tools, sanitizing stations, sneeze guards and partitions, and other customizable options.
  • players
  • social
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
Jing Huang

Hospitality eBusiness Strategies (HeBS) to Address Mobile Marketing at HSMAI Conference... - 0 views

  • "Many hoteliers do not fully realize that the mobile Internet is not wireless access to the conventional Internet," said Starkov." The mobile Internet adheres to different rules than the conventional Web.
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    Hospitality eBusiness Strategies (HeBS), the hospitality industry's leading Internet marketing and distribution consulting firm today announces the firm will present at the Hospitality Sales and Marketing Association International (HSMAI) "Revenue Management & Internet Marketing Strategy Conference" in Orlando, FL. HeBS' Chief eBusiness Strategist, Max Starkov, will discuss "Mobile Marketing for Today and Tomorrow" on June 21, 2010 at 9:30 AM at the Orange County Convention Center. 
Scott Kane

FTC Files Complaint Against Wyndham Hotels For Failure to Protect Consumers' Personal I... - 0 views

  • The FTC alleges that these failures led to fraudulent charges on consumers’ accounts, millions of dollars in fraud loss, and the export of hundreds of thousands of consumers’ payment card account information to an Internet domain address registered in Russia.
  • According to the FTC, in the first breach in April 2008, intruders gained access to a Phoenix, Arizona Wyndham-branded hotel's local computer network that was connected to the Internet and the corporate network of Wyndham Hotels and Resorts.
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    The FTC filed suit against Wyndham Hotels for millions of dollars worth of fraud in June of this year. Wyndham hotels manages over 7,00 hotels worldwide. Incidents occurred a numerous amount of times over the past three years. The company was hacked into and stole credit card numbers from over 500,000 clients. In the first occurrence the money was wired into an account in Russia. Even after the first incident Wyndham hotels did not fix the security breach allowing the hackers to get in.
Paige Wuensch

Novotel Virtual Concierge Ups Guest Satisfaction Levels - 0 views

  • Virtual
  • One month after the first phase of a global virtual concierge roll-out, Novotel has noted significant increases in guests’ satisfaction levels. Accor’s midscale brand also reports high levels of adoption across all target demographics. Comments made by guests on social media sites have also been very complimentary.
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  • “This solution is powerful and our customers love it. The system is very fluid and flexible in particular for content updates. With this new, simple and intuitive technology, Novotel reflects its commitment to provide guests with an ever more innovative hotel experience.
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    This article is based on Novotel Hotels. The company has launched The Virtual Concierge last month in June 2013. I picked this article because I have never heard of a virtual option of using a Concierge before. The Virtual Concierge is located on a screen availble for guest use in the lobby of the hotel. "Guests can use it to browse through information about the brand and the hotel. They can also obtain recommendations on places of interest near the hotel (restaurants, museums, etc.); practical information such as the weather forecast and flight information, and a host of other innovative services including sending virtual postcards." The hotel has even introduced free mobile applications for smartphones that will allow guests to access the virtual concierge's services from anywhere! "The service is unanimously approved by everyone who has used it! " I could definitely see virtual concierges making a strong addition to hotels around the world. Unfortunately I predict it will eliminate several jobs in the market, as it eliminates a key position to hotel staffing.  
anonymous

17 Things You Didn't Know About Ecommerce - 0 views

  • 17 Things You Didn't Know About Ecommerce
  • Online shoppers can buy cars, clothes and millions of other things with the click of a button and figurative swipe of a credit card. In fact, U.S. consumers spend $1,200-$1,300 per year online, but that number will increase by 44%, to $1,738, by 2016. In that year, ecommerce sales are expected to hit $327 billion.
  • 1. By connecting a modified domestic television with a phone line, Michael Aldrich invented online shopping in 1979.
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  • 2. Although Amazon launched in 1995, the first yearly profit wasn't until 2003, and as of June 2012, the average order value was $47.31.
  • 4. Netflix wasn't the first online DVD subscription service — Blockbuster announced Blockbuster.com in 2004, but it's unclear whether services such as Netflix and Redbox led to its ultimate bankruptcy.
  • 6. Zappos' referrals from social media per order yield $0.75 from Pinterest, $2.08 from Facebook and $33.66 from Twitter.
  • 7. Approximately 46% of online users count on social media when making a purchase decision
  • 9. In 2010, Groupon turned down Google's $6 billion offer and became an IPO the following year.
  • 11. India is home to the fastest growing ecommerce market, and France is home to the slowest ecommerce growth.
  • From 2011 to 2016, 15% more people will shop online, taking the number to 192 million in the U.S.
  • 17. Analysts say that an explosion in the mobile payments market is just around the corner.
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    Dear friends, i thought that this might be interesting for you to know. Did you know that our favorite Netflix wasn't the first online DVD subscription service? It was a Blockbuster . com :) And the fact that people will mostly shop online? 192 million in the USA! (I' honestly like shopping outside, so this way i can smell, touch, and try; although eBay is doing pretty good job by selling cheap Chinese stuff and having a free shipping. You can not even return the package , because it's 3 times more expensive to return than the original cost! ) What do you think? Thanks
Jessica Schwec

2014 Business Travel Survey: GDS Booking Volumes Still Rising - Business Travel News - 1 views

  • For all the talk of their ultimate demise, global distribution systems process growing volumes of travel transactions
  • Each of the three primary players continues to provide an array of services to travel management companies, corporate buyers and travelers, and their parent companies are pushing IT services to airlines, hotel companies and others.
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    All of the big three global distribution systems were still expanding as well as increasing productivity and revenue as of June 2014. Amadeus, Sabre and Travelport have each made significant moves in the hospitality industry, although primarily for airlines. Amadeus is by far the largest and currently most successful GDS with the highest profit, booking volume, and market share (air travel). As of 2014 Southwest Airlines was their biggest client, but they provide GDS services and access to over 100 other airlines as well. Sabre is second best to Amadeus. The company elected to go public in 2014 and since then their billable bookings, booking share and growth have all increased modestly. During the same year they gained American Airlines, newly reformed at the time, as a client. Presently, the company expects continued improvement in revenue. Travelport has made the decision not to compete directly with Amadeus or Sabre in that they have chosen not to provide "full passenger services systems to airline on a multi-host basis." However the company is still working closely with Delta Airlines and researching "add-on" features with their main focus being the continued growth of "beyond air" activities. Honestly, I was shocked that Amadeus is the largest and most successful GDS. I truly expected it to be Sabre. This belief was based on what I have personally experienced: every OTA I have used required a link to the Sabre GDS, but I can only recall one that required one to the Amadeus GDS. After reading the chapter 8 of D.V. Tesone's "Hospitality Information Systems and E-Commerce, along with the research report from our discussion forum I have changed my paradigm. Regardless, GDSs are still used widely in the hospitality industry. Different segments of the market prefer to book in different ways: via offline Travel Agents, OTAs, hotel websites or on the phone. Those that use either form of TA are using a GDS.
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    Leisure guests tend to book for themselves with rare exceptions including some forms of international travel and cruise travel. These guests use OTAs or intermediaries such as Travelocity (Owned by a GDS company) or TravelZoo. In the case of TravelZoo, a guest uses the TravelZoo website to access information such as availability and pricing that TravelZoo pulls from a GDS before making a selection and processing a transaction. On the other hand, business and corporate travelers are more likely to use an offline TA. An offline TA is better equipped to meet the needs of a customer whom is travelling for business. Offline TAs require less information when booking a hotel room then an OTA does, making it simple for a secretary to book the travel arrangements for the guest. In addition, offline TAs can work easily with a hotel to make special accommodations. The hotel receives contact information for the travel agency that booked the stay in case clarifications on requests are needed. In conclusion, as long as either form of TA is in the market, a GDS will be necessary to streamline bookings and ensure that each TA has the correct pertinent information when making a booking or completing a transaction. As a result, as new OTA options or hospitality enterprises enter the market GDSs are continuing to morph, merge and grow.
aguar024

5 things shaping U.S. hotel investment | Hotel Management - 0 views

  • exceeding 4 percent during the second quarter of the year and strengthened by consumer confidence along with business investment,
  • doesn’t mean there are no clouds on the horizon, especially as all eyes watch what the Federal Reserve will do next.
  • tax-deferred exchanges, real estate depreciation and the mortgage interest deduction
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  • aware of the new 20-percent deduction, which has restrictions based on income and asset base but also offers upside for entities that qualify.
  • the bonus depreciation provision will phase out after 2023, but for now investors can expense personal property in real estate assets acquired after Sept. 27, 2017.
  • business interest deductions.
  • which has hit a 30-year high in the U.S.—in some markets
  • hat would mean average daily rate and revenue per available room would start to slow in those markets.
  • s up 2 percent year over year with almost 180,000 new rooms in the works as of June.
  • Transaction pace increased about 4 percent during the past 12 months ending in June
  • Home-sharing services are still top of mind for the hotel industry because many hotel guests have flocked to these accommodations.
  • t’s been hovering near 3 percent since
  • Capital is abundant now, but lending could tighten quickly if interest rates rise fast
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    This articles explaines in 5 different stages or factos how investment actions are taken in the hospitality and tourisim industry. According to Marcus and Milichap on september this year they wrote this article where it is apprecaible all the new trends and changes of how technology have affected positivitly the investment on the hotels and tourism industries this past years in the United States.
Xiameng Zheng

Sustainable Hospitality Hardware | Sponsored by Rocky Mountain Hardware | Originally pu... - 0 views

  • Typically, this control requires well-designed and durable hardware systems that include door and window operating and locking components.
  • the selection of hardware that is made from predominantly recycled material by manufacturers using green and sustainable practices is paramount to green building design.
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    Green hotel has become a hot topic recent years since people have more concerns about sustainability of natural resources. This article is talking about sustainable hospitality hardware. It starts right from one kind of hardware material, bronze. Two types of bronze are introduced as the most popular choice for hardware, "silicon bronze" and "white bronze". Considering the long durability, excellent corrosion resistance, better fatigue resistance, lower melting point, easy care and maintenance, bronze, as a material is a dramatically long time and continues to be so today using both time -tested and innovative manufacturing techniques. The article also talks about green characteristics of bronze products. For example, it use life cycle analysis results to show bronze products is better than other materials. Bronze is 100 percent recyclable and make healthier environment. In hospitality industry, the most applications of bronze must be the door hardware, including the lock set. The article gives an example of Pelican Hill Resort which used lot bronze in the resort manufacture. Overall, it's a material choice that can contribute positively to the overall design intent of a given facility and its long-term successful operations.
Melissa Binns

ULTRA Luxury Exchange Hosts Inaugural Conference for the Industry's Leading T... - 0 views

  • The nation’s top luxury travel advisors and suppliers attended the first annual ULTRA Luxury Exchange (ULTRA) at Turnberry Isle Miami June 2-4, 2013.
  • “There is a true shift in affluent travel trends and this group has helped us define it at this exclusive event.”
  • Attendees also took part in moderated panel discussions titled, Capturing and Capitalizing on the Millennial Luxury Traveler,
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  • Throughout the three-day program, a common theme within each discussion and panel surrounded the growth of the millennial generation within the luxury travel industry.
  • The art of personalized customer service and authentic experiences, play an increasingly integral role within the luxury market.
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    Here BusinessWire, via The National Post, discusses the Inaugural Conference for the travel industry's leading travel advisors. The conference was hosted by ULTRA Luxury Exchange, which is led by a staff of global travel industry experts with decades of experience in the luxury travel industry and event management. Behind the ULTRA Luxury Exchange, is Questex Hospitality + Travel who developed and curated the conference. Questex Hospitality + Travel is the world's largest multinational media, event and eCommerce company which serves the global and hospitality industry. The multi-day conference brought together the "greatest minds in the luxury travel advisor community," according to Ruthanne Terrero of Questex. New travel trends were discussed through key-note speakers, presentations and moderated panels. Topics included, "Capturing and Capitalizing on the Millenial Luxury Travel", "The Art of Customer Service", and "The Rising Trend for Butler Service in Luxury Hotels." The millenial generation was the main topic for discussion with a growth in buying power in the luxury travel industry. The privileged conference attendees will have exclusive access to the formal research presented in the conference to reference for the future.
Paulette Grant

How companies are benefiting from Web 2.0: McKinsey Global Survey results | McKinsey & ... - 0 views

  • Nearly 1,700 executives from around the world, across a range of industries and functional areas, responded to this year’s survey.1 1.McKinsey Quarterly conducted the survey online in June 2009 and received 1,695 responses from executives across industries, regions, and functional specialties. We asked them about the value they have realized from their Web 2.0 deployments in three main areas: within their organizations; externally, in their relations with customers; and in their dealings with suppliers, partners, and outside experts.
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    The article highlights the benefits that companies around the world are deriving through the use of web 2.0. This was done through a survey from a range of industries that has used web2.0 and has seen tremendous value of the technology in dealing with both internal and external customers. According to the report 69 percent of respondents report that web 2.0 has impacted their businesses in a positive way. They are able to market products more effectively, reduce the cost of doing business and better able to communicate with customers, suppliers and of course the ability to collaborate with business partners and experts in a dynamic way; something that was not possible using the static web pages of web 1.0 The article was written four years ago and this goes to show that the technological capabilities of web 2.0, one that revolutionizes the way business has been conducted online, has been around for quite a long time and has been creating tremendous benefits for many businesses such as increase revenues. As the technology continues to increase and expand, and the public's acceptance continues to grow, going beyond web 2.0 is what we are presently experiencing using tools such as semantic web and augmented reality with the launch of web 3.0. The report uses exhibits to highlights areas that companies have gain measurable benefits using web 2.0, how companies have tie other technologies into web 2.0 and regions of the world such as North American and China that have experience tremendous benefits from web 2.0 interaction with both customers and business partners.
Kristen Kaminski

Disney Institute Program to Deliver Second Keynote at IHRIM 2013 HRMS Strategies Confer... - 2 views

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    IHRIM conferences offer the "perfect blend of networking, education, and technological solutions to issues facing HR and HR systems professionals". IHRIM, the world's leading clearinghouse for the HRIM (Human resource Information Management) industry, announced that the Disney Institute Program will be a key speaker in the HRMS Strategies Conference and Technology Exposition in Lake Buena Vista, FL held on June 5, 2013. The Disney Institute Program will teach conference attendees the method of "Building a Business Through Storytelling".
Dongyun Oh

17 Things You Didn't Know About Ecommerce - 0 views

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    The multi-billion-dollar ecommerce industry is a part of our everyday lives, but many don't realize the numbers and history behind it, so we collected 16 things you probably don't know about ecommerce. 1. By connecting a modified domestic television with a phone line, Michael Aldrich invented online shopping in 1979. 2. Although Amazon launched in 1995, the first yearly profit wasn't until 2003, and as of June 2012, the average order value was $47.31. 3. Because of forced account registration, online users abandon their shopping carts 26% of the time. 4. Netflix wasn't the first online DVD subscription service - Blockbuster announced Blockbuster.com in 2004, but it's unclear whether services such as Netflix and Redbox led to its ultimate bankruptcy. 5. During the third quarter of 2012, $4,423 was transacted per second via PayPal. 6. Zappos' referrals from social media per order yield $0.75 from Pinterest, $2.08 from Facebook and $33.66 from Twitter. 7. Approximately 46% of online users count on social media when making a purchase decision. 8. 71% of shoppers believe they'll get a better deal online than in stores. 9. In 2010, Groupon turned down Google's $6 billion offer and became an IPO the following year. 10. Pizza Hut began offering online ordering on its website in 1994. 11. India is home to the fastest growing ecommerce market, and France is home to the slowest ecommerce growth. 12. Ecommerce sales are expected to surpass $200 billion in 2012. 13. Consumers spend between $1,200 and $1,300 on online shopping per year. 14. E-retail will grow to 9% in 2016, up from 7% today. 15. Online sales from social networks will grow 93% percent per year within the next four years, according to consulting firm Booz & Company. 16. From 2011 to 2016, 15% more people will shop online, taking the number to 192 million in the U.S. 17. Analysts say that an explosion in the mobile payments market is just around the
Xuan Huang

2013 Hotel Mobile Technology Trends « HeBS Internet Marketing Blog - 0 views

  • One of the most notable developments this year is that the terms “mobile marketing” and “mobile technology” really evolved to include not just mobile phones. Tablet devices such as the iPad, Samsung Galaxy and Google Nexus quickly became a significant part of the travel planning and booking process.
  • Google search statistics also show a dramatic increase in hotel queries in the mobile and tablet channels in 2012:
  • Tablets Complement Other Screens
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  • It is interesting to note that tablets generated 200% more room nights and 430% more revenue than “pure” mobile devices
  • According to eMarketer and mobile ad network Chitika, mobile’s estimated share of web traffic in North America is 28% as of June 2012.
  • Marketing in a SoLoMo (Social, Local, Mobile) World
  • Hoteliers can accomplish this in a very affordable ways, such as adding a check-in special on Facebook and Foursquare, or sending them a text message offering a discount to be used on-property. SMS marketing and geo-location offers should become key in how hoteliers target travelers not after but during their travel experience.
  • The Key to Revenue Growth in 2013
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    As GDS technology has taken place in the past 2 decades in hospitality in dustry, a branch of it, mobile technology, is also showing its great potencial. Now more and more people can not live without mobile and mobile could be very useful when people are on their vacation like planning and booking hotel or airlines. Besides "pure" mobile devices, tablets also generately damatical revenue for hotel industry. As a result, hoteliers should notice those trends in customers purchasing habits and make a new maketing plan in a SoLoMo(Social, Local, Mobile) world, considering how to best utilize SoLoMo to engage their guests and generate incremental revenues.
Hana Musilova

The Role of the GDSs in How Today's Travel Agents Look and Book - 0 views

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    According to the article The Role of the GDS in How Today's Travel Agents Look and Book, the technology has evolved in the past years and even though GDS system are still used, they do not take place in all circumstances. We need to divide travel agents into two groups: corporate travel agencies and leisure travel agencies. Leisure agencies have been moving their focus towards multi-component itineraries that account for more than half of their sales. This leads to the need for more information that has been traditionally available through the GDSs. As states in the article, travel agents use online sources outside the GDS to obtain information, which include supplier websites. Leisure agents are more prone in their search to use variety of online services (as for example travel bogs and reviews) when they research the products where as GDS remains the main booking system for corporate agents. Due to the shift of booking using direct channels, it has been though that GDS will soon disappear. But GDS still remain the main booking platform for airfare shopping. There is an interesting trend that this described in the article, that grabbed my attention. There are new systems in the market such as graphical user interfaces that are available for travel agents to use but veteran agents who have been in the business 10 years an more are resistant to use this system and prefer the old legacy screens. Younger agents on the other hand find this technology easier to use and are more likely to use GUI for their booking system. I enjoyed reading this article as it was connected to our discussion board this week and assured me in my opinion that GDS systems are still a main part of travel bookings and will probably continue to be a predominant booking channel for quite a while.
Claire Conway

CohnReznick LLP Teams Up with BlackLine Systems to Help... -- LOS ANGELES and NEW YORK,... - 0 views

  • financial close software leader BlackLine Systems to bring industry-leading software and professional services to Fortune 1000 companies to help automate and optimize traditionally manual, spreadsheet-driven financial close processes.
  • BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes.
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    Blackline has created Financial Close Suite , which is accounting software specialized for the hospitality industry. The software standardizes processes and templates throughout the organization, which takes away from the manual tasks. It makes it easier to process the large volume of transaction on a daily basis faster by streamlining the data.
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