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Marisa Chauvet

Analogic - Checkpoint and Baggage-Screening Security Imaging Systems - 1 views

This article talks about Analogic that is a growth-oriented, high-technology signal and image-processing company that provides products and services to the aviation security industry and growing me...

started by Marisa Chauvet on 14 Jul 13 no follow-up yet
yessica henriquez

Maestro Announces 2-Way Expedia Direct Connect Interface, Reduces Booking Costs for Ind... - 0 views

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    Enhance guest service, improve efficiency, and maximize online and offline revenue with Maestro PMS, the industry's most robust and flexible resort software and boutique hotel software solution empowering leading full-service hotels, luxury resorts, multi-property groups, conference centers, condominiums, and timeshare properties
Jia Kim

Six Top PMS Trends to Make Independents More Productive and Profitable - 0 views

  • Guest Engagement, Maestro Cloud, Big Data Dashboard, Loyalty, MyMaestro Knowledge Center, Mobile, Direct Web & Social Media Booking
  • solutions for the industry's leading independent hotel, resort, and multi-property groups, adapts the most effective emerging systems for its users.
  • add revenue, lower expenses, and improve guest service and loyalty.
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  • Direct Bookings to Maximize Profits – Web, Social & Mobile
  • Guest Engagement and Retention
  • Cloud – Affordable and Secure Hosted Solutions
  • Big Data and Mobile Business Intelligence
  • Guest Loyalty Programs to Compete with Chains
  • automates the complex process of tracking and redeeming points to save time and cut cost.
  • Reliable, Responsive Support and Expert Services
  • Knowledge Center is an interactive website offering 24/7 access to tools and resources
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    This article presents that many of independent hotels choose the cloud based PMS to make their working systems more profitable. One of the cloud based PMS, Maestro property management system showcases enhanced technology, additionally customer engagement for increasing a loyalty as like as chain hotels. Here are trends that make independent hotels more productive and profitable. First, it makes direct booking that could reduces reliance on OTAs and boost occupancy. Second, its automated e-messaging increase guest retention and revenue. Third, it boast its affordable and secure information. It delivers instant remote access to property and let operators manage multipe properties. Fourthly, it provides dash board to access to real-time data and make on-the-spot decision. Fifthly, it provides guest loyalty programs to compete with chains. It has automated tracking system to redeem points and boost customer loyalty. lastly, it offers to users the knowledge center for 24/7 to let Maestro users to be familiar with the system and provide access to tools and resources.
Jessica Schwec

The Hotel Industry's Race To Escape The Dinosaur Age - BuzzFeed News - 0 views

  • “Many companies have made it a philosophy not to be the leader on the tech side. They’d rather see someone else try something, succeed or fail at it, and then learn from that. The thought process is, it’s fine to be the early bird, but you don’t want to be the worm.”
  • As a result, large hotel chains tend to conduct a major overhaul just once every seven years, Meliker said.
  • “If you’re the prototype and it works, over time issues will come along with it,”
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  • “But most people don’t even have that TV at home, most people have better TVs at home,” Bhalla said. “It’s stuff like this that makes a big difference.”
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    There are many difficulties with technology implementation in the hospitality industry. Often, as a result of these difficulties hotels, in particular, are left behind the curve. According to the article, "many companies have made it a philosophy not to be the leader on the tech side" and "large hotel chains tend to conduct major [technology overhauls] just once every seven years." The hope is that by adopting technology later, companies will avoid having to deal with the bugs and flaws that come along with brand new technology. However, as it turns out, due to the constant evolving state of technology bumps and flaws in design become apparent at all stages of the life of various technologies. For example, when the room keycard was introduced, it quickly replaced the traditional key-and-lock set of traditional homes. However, after some time hotels figured out that these keycards can become demagnetized-something the industry still faces today. The quick evolution of the television is another example. Consumers typically have a better TV at home than they experience within a hotel room. This is due to the fact that hotel televisions are still largely the same as the ones implemented in 2007. In conclusion, technology can be part of the getaway experience guests have at hotels, but due to the widely accepted "wait and see" approach the industry is currently pursuing, consumers are often left feeling as if they have to bring their own technology and put up with the minimal technology provided in hotel rooms and suites.
miamigol

Hilton's $550 Million Mobile Push Will Turn Smartphones Into Hotel Room Keys - 0 views

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    Although this article is from 2014, it is a clear example of IT investment in the industry. The implementation of this technology that turns smartphones into Hotel Room Keys cost Hilton Holdings more than US$500 million. Not only it allows guests in 80 countries to bypass the check-in desk, but also to choose their room from a digital floor plan. While there are reasonable concerns about hackers and unauthorized access, Hilton is very confident about its IT security. This IT investment will cause job losses for Hilton staffers around the world. Yet, we have covered extensively the implications of technology in the industry's labor force on previous discussions. On a related article in the financial times (https://www.ft.com/content/28455880-6232-11e7-8814-0ac7eb84e5f1), the breakdown of the investment shows that $100 million were allocated for digital key development and $550 million for technology infrastructure.
mrueda

The Impact of E-Commerce on the Hotel Industry - 1 views

  • The impact of global economic recession is taking its toll on the hotel industry. Smith Travel Research has reported a national RevPAR decline of 18.1 percent for YTD September 2009 compared to the same period in 2008.
  • Percentage of survey respondents who use these services to make travel plans: Online travel agencies such as Travelocity, Orbitz and Expedia: 34% Other Web sites: 27% Personal referrals: 25% Travel company Web sites: 19% Traditional travel agents: 9% Calls to travel companies: 7%
  • Manager for Colwen Management, said that “People are becoming more and more prudent while also becoming more knowledgeable about the internet; consumers are making intelligent decisions online for the best possible rate
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  • From our experience in the hotel industry, it is apparent that many hotel companies have increased efforts to bring guests directly to the hotel website to avoid the 15 to 25 percent commissions for reservations booked through third party websites.
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  • Historic trends have proved that occupancy and average rate metrics will improve as the nation recovers from the current economic recession. Once demand begins to increase operators will find less resistance when attempting to increase rates. Hotels that have maintained rate while selectively marketing to the social networking demographic in addition to effective internet marketing should be poised for growth beginning in the second or third quarter of 2010. E-commerce and social networking sites will ultimately help the industry grow.
  • Many of the major hotel chains now offer “Best Rate Guarantees” and it is imperative for operators to emphasize these campaigns especially to the leisure segment. Other travel related websites such as yapta.com will tell the consumers when prices are at their lowest levels and when it is the ideal time to book
  • nternet marketing has had many positive effects on the hotel industry. Marketing over the internet has given hotel operators the opportunity to create a positive image and reach more potential customers at a lower price. One example is PPC (Pay per Click) advertising campaigns that are now widely used throughout the industry. The primary goal with PPC advertising is to appear in the “Sponsored Ads” section of the major search engines when a potential customer searches for hotels. PPC ads often cost hotels about $1 per click versus many other marketing campaigns that cost hotels thousands of dollars.
  • ocial Networking sites such as Facebook and Twitter are the latest phenomenon in the hotel industry. Similar to internet marketing, Social Networking sites have given hotel operators the opportunity to directly connect with a new generation of travelers. Many hotels are using the social networking sites to offer discounted rates in an effort to stimulate demand. However, studies have portrayed the negative effects of discounted rates on profitability.
  • Percentage of survey respondents who use these services to make travel plans: Online travel agencies such as Travelocity, Orbitz and Expedia: 34% Other Web sites: 27% Personal referrals: 25% Travel company Web sites: 19% Traditional travel agents: 9% Calls to travel companies: 7%
    • mrueda
       
      This article discusses the impact of e-Commerce and social medias in the travel industry. OTA sites like Orbitz and Expedia take up 34% of the industry's online booking. Many travel companies are focusing on their social media outreach. Especially, for the newer generations. Creating better "context" and providing "deals" to book direct from them versus a third party site. For example, companies like Starwood, now Marriott, have a great rewards pogrom for members. Allowing them exclusive discounts and promotions when booking directly with them.
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    This articles describes the importance of E-commerce and social networking on the hospitality industry. The social sites like facebook, twitter and instagram has proven beneficial for the marketing of the hospitality industry. Individuals post their experience on these networking sites, which indirectly helps in marketing of the hospitality firms. The use of internet and hotel website has proven, to increase the revenue of the hotels, many people book directly through the hotel websites, which increases the revenue for the hotels as well save the commission paid to the travel agents. The loyalty programs introduced by various hotel, took a new shape all together after internet became the major source in these hotels. It was convenient for the guest to check how much points the have in their account and the tier level. The hotels also started offering guest extra points to their account, if they booked the room directly through the hotel website. This resulted in an substantial increase in the RevPar of the hotels.
chern331

SevenRooms Introduces 7X, the First-of-its-Kind Marketing Automation and Guest Engageme... - 0 views

  • Today, SevenRooms, the all-in-one reservation, seating and guest management platform, announces the launch of 7X, the industry's first-of-its-kind marketing automation and guest engagement software
  • The new software rolls out today with four components: Guest Satisfaction, Automated Tagging & Segmentation, Email Automation, and Experiences & Special Offers
  • In a world where 70% of diners never come back, 7X's ability to boost repeat visits will be immediately felt on operators' bottom lines, with research showing that it is 7 times more cost effective to retain an existing customer than to acquire a new one – and that increasing retention rates by just 5% can increase profits by upwards of 95%.
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  • "With 7X, we get insights from aggregated reviews, can auto-tag guests based on parameters we set, and segment and market to these guests automatically on a wide range of campaigns and events. Most importantly, we can continue to build direct, deeper personal relationships with them that will keep them coming back for years to come.
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    SevenRooms establishes 7X, a marketing and guest engagement platform for restaurants. The software is composed of four aspects: guest satisfaction, automated tagging & segmentation, email automation, and special offers/experiences. The software monitors guest reviews on all platforms including Yelp, Google Reviews, etc. The software sorts through guest profiles and qualifies them as "first time", "VIP", and anything in between. It also automatically sends e-mails to customers, depending on their quantification and last time dining.
Rachel Rodriguez

New Technology Allows Resort Guests to Run Like Locals | Hospitality Technology - 1 views

  • RunGo acts as a virtual running/walking partner that offers turn-by-turn directions in real time, directly through the runner’s headphones or Apple Watch, eliminating the need for bulky and sometimes confusing maps. Guests can download the free app and will instantly see the different Monarch Beach Resort route options on their phones
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    Once again technology proved to complement our industry's practice. Monarch Beach Resort story is a great example of the benefits we can derive from investing in technology. In this particular case the RunGo app not only was greatly appreciated by the consumers because they were able actually to enjoy the view while receiving step by step directions. It also reduced printing expenses for the resort and at the same time made it easy for the employees to direct them around the property. There is still a lot more to discover regarding the benefits from investing in technology, but definately after reading articles like this, we can be certain that we are moving in this direction.
anonymous

HITEC Wrapup - Guestroom Energy Management Innovations Grab Most Attention :: Hospitali... - 0 views

  • The following is a summary of the HITEC announcements having some type of “green” connection:
  • INNcontrol 5 energy management and guestroom automation control system.
  • INNcontrol 5 gives hotel operators better insight on how to optimize energy use by generating historical trend reports on room usage, seasonal fluctuations and other factors.
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  • The INNcontrol 5 system provides the open data exchange platform for Internet of Things (IoT) integration with centralized electronic locks, property management systems, in-room entertainment and other systems. INNcontrol 5 is also an entry point for consolidated Alexa voice control of compatible HVAC lighting, drapery and, amenity controls.
  • Honeywell also debuted and demonstrated its new Spectre guestroom solution that merges smart thermostat technology with guestroom lighting controls. Spectre combines Honeywell’s e7 occupancy-detection wireless thermostat with intelligent, programmable wall outlets and lights to extend energy savings to guestroom lighting. The thermostat senses when guests enter the room and instantly communicates with lighting controls via a 2.4GHz RF to activate a “welcome” environment. When the room is unoccupied, the lights and outlets are turned off within a 30-minute time period to save energy.
  • For hotel owners, the data and analytics supported by Honeywell Sentience and displayed in INNcontrol 5 helps make properties more energy efficient. For operators, artificial intelligence enabled by Honeywell Sentience can predict heating, ventilation, and air-conditioning problems before they occur.
  • Telkonet, Inc., creator of the EcoSmart platform of intelligent automation solutions, announced the release of its Symphony commercial IoT platform. Some of the key highlights of Symphony’s capabilities include the ability to see all room devices, including door locks, lighting, mini bars, shades, etc.
  • Just prior to HITEC, SONIFI Solutions announced a collaboration with Telkonet, Inc. to make hotel rooms smarter and more connected, by combining energy management solutions with in-room guest entertainment systems. Guests have the ability to change in-room environmental settings via SONIFI’s STAY Interactive Television interface.
  • Evolve’s New Evolve Guest Interface
  • a simple, yet powerful device that enables guests to control in-room climate, lighting, shading and drapery, as well as other functions to increase efficiencies for both guests and staff.
  • The eGI consolidates devices such as the guest-controlled thermostat, special devices for lighting and shading control, IoT gateway, USB charger, alarm clock, and platform for Guest Services applications—all within the device.
  • CIRQ+ & Its ‘Smart Room for Smart Guests
  • Mode:Green, a company focused on hospitality, specializing in technologies, including: HVAC, lighting, video surveillance systems, television, audio and voice on demand, motorized shading, Wi-Fi and networking, door locks, and more.
  • Verdant EI Energy Management
  • The system continuously analyzes changing conditions in each room—occupancy, temperature, humidity, weather, etc. and adapts in real time.
  • When hoteliers subscribe to Verdant EI, a dedicated energy management expert is assigned to the property with a simple goal in mind: monitor the Verdant system 24/7 and maximize energy savings.
  • Amana expanded on its guestroom energy management system with its new DigiWatt system that can control virtually any electrical circuit in a hotel room. Using a DigiSmart occupancy sensor to determine if a room is unoccupied, the system can shut off power to virtually any 115 volt non-critical electrical circuit(s) that are predetermined during design and construction.
  • INTEREL’S Guest Room Management Solutions
  • The Water Management System delivers precise digital water controls and enables the property or brand to set water flow and temperature policies. Guests can control multiple water outlets through one touch panel.
  • Site 1001 can monitor a building’s water supply system and warn when it detects a leak or conditions favorable to bacterial, viral or parasitic agents.
  • wireless control of temperature; smart LED light; instant-on alarm clock; Wi-Fi (ZigBee, Zwave); thermal occupancy sensor; Bluetooth speaker and Hi-Fi audio; 120 V AC and USB 2.1A charging plugs with optional (Qi) wireless charging; hotel services; and more.
  • AspirEnergy, an energy solutions company, was on hand to help commercial properties increase long-term value by reducing operating costs through sustainable solutions. AspirEnergy offers many services—ranging from lighting retrofits to energy management systems to assistance with renewable energy systems and energy procurement.
  • Coway USA, Inc. its Airmega and Aquamega air and water filtration systems. The Airmega includes a pollution sensor to show the air quality in real time.
  • When the air quality in the room remains good for 10 minutes or more in Smart Mode, Airmega conserves energy by shutting down the fan.
tgore002

Global Distribution Systems in Present Times - Written By: Samipatra Das - HVS Internat... - 1 views

  • Nowadays, more travel is sold over the Internet than any other consumer product. The Internet is a perfect medium for selling travel as it brings a vast network of suppliers and a widely dispersed customer pool together into a centralized market place. Nearly 37 million of America's more than 162-million active Internet users have already purchased travel online. Online travel bookings exceeded $23 billion in 2001, and are expected to reach $63 billion by 2005.
  • These systems have become electronic supermarkets linking buyers to sellers and allowing reservations to be made quickly and easily.
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    The travel marketplace is a global arena where millions of buyers (travel agents and the public) and sellers (hotels, airlines, car rental companies, etc.) work together to exchange travel services. Among the "shelves" on which buyers search for travel services are world's global distribution systems and the Internet distribution systems. There are currently four major GDS systems: Amadeus As the youngest of the four GDS companies, Amadeus has done remarkably well during its short tenure. Yet, in many ways, the company remains an anomaly. Amadeus has the greatest number of travel agency locations with the highest productivity per terminal in the world, yet its booking share is Number 3, and its revenues are dwarfed by Sabre and, to a lesser degree, by Galileo. Galileo Galileo's competitive strengths include market share, well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems, highly skilled personnel, and a stable product line. Compared to other GDS companies, Galileo is a cautious follower when it comes to technology. Sabre Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. The Sabre business model is a strong one, and continues to make significant progress in advancing both its electronic travel distribution and its information technology solutions businesses. Worldspan Worldspan has a legacy of industry firsts that are not well known. The company therefore has an opportunity to raise the industry's awareness of its accomplishments and more importantly, its future strategy. Worldspan continues to look at benefits of creating its own consumer brand and has been partnering with different companies to expand the services that it can provide to its customer base.
Yueyu Peng

Self-order kiosks dominate NRA Show | Fast Casual - 0 views

  • This year, the number on display at Chicago's McCormick Place nearly tripled as kiosk manufacturers scrambled to meet the restaurant industry's demand to improve customer service with new technology.
  • Kiosk hardware and software manufacturers continue to fine tune their self-order kiosks, while POS system manufacturers introduce kiosk modules that integrate with mobile ordering, kitchen display systems and back-office management software.
  • highlights
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  • 365 Retail Markets
  • a provider of kiosk-based self-service solutions for unmanned stores, introduced its ReadyTouch for onsite foodservice operations.
  • Adusa Inc.
  • Qi integrates with POS systems, coexists with web and mobile apps, is FDA menu labeling law compliance and is certified for accessibility.
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    This article is introducing the new self-serve kiosks on National Restaurant Show. It mentioned some highlights from the shows. there are many different kind of kiosks used for the different restaurants.
elena_martynova

Why Cybersecurity in the Hotel Industry Should be a Joint Effort - 3 views

  • The global hospitality industry now sits in the top three of industries most frequently targeted by hackers, according to the 2015 Trustwave Global Security Report.
  • Thieves have seized the opportunity to capitalize on the wealth of data that passes through varying weak spots in hospitality networks, and they're now looking for more than just credit card data. Hotels hold contact details, travel plans, air miles, birth dates, passport data and personal preferences on millions of guests - all of which can be used by criminals in a multitude of ways, ranging from fraud to extortion.
  • According to the aforementioned report, 65 percent of the hospitality industry's security breaches were via point-of-sale (POS) systems, with weak remote access security contributing to 44 percent of those compromises.
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  • But a number of breaches also affecting the industry targeted booking partners - companies that facilitate reservations on behalf of the hotel brands for services such as air travel, car rental and room bookings.
  • Regardless of where the initial breach occurs, one thing is certain: if customers can't rely on a brand's booking system, they will simply go elsewhere. Statistics show that nearly one in five shoppers have dropped out of an online travel booking because of security concerns around payment.
  • Understanding where critical data lives within your enterprise and how it moves, both internally and outside of the organization, is paramount.
  • POS attackers often take advantage of vulnerabilities, from configuration errors like easy-to-guess passwords to underlying flaws in the system itself, to access payment terminals and plant malware.
  • it is critical that hotel chains - and their partners - have experts regularly conduct deep-dive penetration to sniff out potential vulnerabilities before criminals can take advantage of them.
  • To mitigate the potential damage caused by unidentified malware, hoteliers and their partners should implement intrusion detection, security management and threat intelligence services, as well as scan inbound and outbound communication to flag data-stealing malware in real time and prevent information from leaving the door
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    This article tells us about the fact, that now days the global hospitality industry is one of the industries which is most frequently targeted by hackers. In order to avoid any attacks there must be tighter control across a hotel and its network of partners. So the main 3 aspects which will help to avoid attacks are: -assess risks everywhere -protect the POS system -find malware and keep data protected
berkley7

HITEC 2001 - Hospitality E-Business - The Future by by Roger S. Cline and Dr. Mark Warner - 0 views

  • Hospitality e-business is not only here to stay, but destined to play an increasingly significant role in the way the hospitality business is conducted in the future.
  • Technology is also forcing out distribution inefficiencies with a significant impact on the travel industry's intermediaries and their traditional business models. It is also reducing transaction costs (the interactions between people and functions) within companies. In the future, successful companies will likely tend to specialize in one or two, but not all three, of the key elements of all businesses: customer relationship management, infrastructure (back office support) and product innovation.
  • Despite the surprisingly high general levels of connectivity in the industry, however, only 58 percent of reporting organizations have a formal e-business strategy.
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  • Chart 6. E-Business activity is projected to nearly double over the next three years.
  • One of the principal attractions of online distribution for hospitality companies is the opportunity to reduce the high costs of distribution that such companies have historically faced. Between travel agency commissions, GDS fees, switching costs and the costs of a central reservation system, hospitality company executives have complained for years about the onerous costs of their multi-faceted distribution systems.
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    The following article reviews the hospitality E-Business as well as the industries "E-profile". It was interesting to read how the article breaks down the realities of the new millennium and what it has brought to the table for the entire hospitality industry. It is vital for the hospitality industry to be available to evolve with the current technological trends and innovations. The article reviews how e-business has removed the traditional barriers to commerce; for example, time, distance and physical location. The future for "Web-enablement" within the industry has major potential and will soon be implemented. Ex; virtual tours, guest history and loyalty programs, sales force automation, etc.
smones

Big Restaurant Brands Dive Into Grubhub Era Of Delivery Rivalry - 0 views

  • "There's a growth problem for a lot of restaurants in the U.S. Many fast-casual dining-type restaurants are mall-based or attached to retail spaces and consumers are just not going there as much," said Tom Champion, a Cowen analyst who follows Grubhub. Grubhub stock has shot up 141% from a year ago.
  • Millennials think about cuisine in global terms, says Warren Solochek, a restaurant industry analyst at NPD.
  • They typically share 20% to 30% of a bill with third-party delivery services. That matters in an industry with 10% to 15% operating margins and high fixed costs, including rent and staffing.
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  • home delivery services enable consumers to order from a restaurant that might be 5 miles away as opposed to one around the corner, Solochek says.
  • "We're going to see more and more quick-service chains begin to try out delivery," he said. "The margins associated with third-party delivery may be slimmed down. But, the question for restaurants is, 'If I don't do it and I'm not delivering my food, am I in the game anymore? Am I in people's consideration? It boils down to being an opportunity cost. The hope is that at some point people will like the food enough to come in and sit down."
  • In some cases, menus posted on mobile apps may be priced a bit higher to offset revenue-sharing with delivery partners, she says.
  • Restaurant stocks received a boost as the industry's same-store sales rose 1.5% in April, the best restaurant industry gain in 2-1/2 years, says Black Box Intelligence.
  • a millennial generation shift.
  • If something goes wrong with a delivery order, it's usually the restaurant that gets the blame, according to Consumer research firm NPD, not the likes of Grubhub (GRUB), Uber Eats, DoorDash or Postmates.
  • Wingstop is not the only national restaurant brand with good reason to be testing home delivery services. Also testing or charging ahead with food delivery services are McDonald's (MCD), Yum Brand's (YUM) Taco Bell and KFC, Chipotle Mexican Grill (CMG), Shake Shack (SHAK), Zoes Kitchen (ZOES), Panera Bread, Bloomin' Brands' (BLMN) Outback Steakhouse, and others.
  • While restaurants may test food delivery with a few service providers, they'll usually settle on one to ensure that the process runs smoothly, says Cowen's Champion.
  • The result had lifted the Retail-Restaurants industry group to a top 10 ranking at the start of May among the 197 industries tracked by IBD.
  • The big picture is that consumers buying goods at Amazon.com (AMZN) and other online businesses are doing less of the traditional brick-and-mortar shopping. That means they're also not stopping off to eat on the way home or getting takeout food.
  • "If you're turning a transaction into a less-profitable transaction, that isn't doing any good," said Bartlett, "but if it's a transaction you wouldn't have had in the first place, then it's a positive."
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    This article discusses the increasing demand for e-commerce and third party delivery in the food and beverage industry, as well as the costs associated with it. Restaurants are currently facing a growth problem in the United States as foot traffic has declined due to a "millennial generation shift" that sees diners doing more in their homes, while third party companies like Grubhub have seen it's stock rise 141 percent from a year ago. For many restaurants, it is a matter of opportunity cost. As explained in this article by Warren Solocheck, a restaurant industry analyst at NPD, "We're going to see more and more quick-service chains begin to try out delivery," he said. "The margins associated with third-party delivery may be slimmed down. But, the question for restaurants is, 'If I don't do it and I'm not delivering my food, am I in the game anymore? Am I in people's consideration? It boils down to being an opportunity cost. The hope is that at some point people will like the food enough to come in and sit down." I found this article very interesting as a General Manager. We recently decided as a brand to begin offering delivery through third party services as we noticed a decline in covers leading to a decline in revenue. This new revenue stream, although at a higher cost, still brings in revenue that we would be missing out on either way. We also offer free appetizer cards for a consumer's next in house visit to help attract new guests.
asant318

Skift Tech Forum Preview: Affirm's CEO on Travel Industry's Oncoming Payments Revolutio... - 0 views

  • change how travelers pay for trips by letting them use installments for flights, hotels, and other purchases
  • new forms of payment could be revolutionary in the travel industry as unbundling has expanded options for leisure travel to people at all price points.
  • The marriage of travel and e-commerce means OTAs, airlines, and hotels have had to worry about interchange, processing fees, and increased fraud risk.
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  • Affirm provides honest financial products that improve lives,
  • Affirm can help travel brands capture early planners by allowing them to lock in prices when they are low as they are still far out from the travel date,
  • We’ve found that anything that costs over $250 can be beneficial when it’s broken up into payments over time
  • advanced booking windows increase significantly when paying with Affirm
  • But there are a lot of travel brands that prefer to partner with Affirm, where we can take on the repayment risk.
  • We’re seeing other OTAs, including Expedia, move towards an advance-payment model because it helps increase stickiness and reduce cancellations. Affirm complements that strategy nicely because we pay the merchant up front at booking and take on all repayment responsibilities.
  • offering Affirm as a payment option actually acts as a customer acquisition tool and helps drive conversion
  • Data security is our number one priority,
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    This article contains an interview with the CEO of the payments technology company Affirm, Max Levchin. Affirm, established in 2012, is a payment technology firm that allows for travelers to pay for trips via a monthly payment plan. The company fully pays the travel provider and then is responsible for collecting the funds from the traveler. The payment does not need to be paid in full prior to travel. Levchin says that this product is attractive to companies because airline and hotels don't have to worry about interchange, processing fees and fraud. It benefits consumers because they are able to book early when prices are lower instead of "saving up" to book closer to the date of travel, when the trip is more expensive. They have seen an increase in advance bookings with Affirm for trips over $250. He suggests that this will disrupt traditional travel industry e-commerce and make travel more accessible.
wvald012

Are sustainable tourists a higher spending market? - 1 views

Resistance to sustainability practices often stems from the industry's view that sustainable tourism requires a profitability tradeoff where the additional costs associated with sustainability do n...

sustainability; hospitality ; behaviors

started by wvald012 on 28 May 18 no follow-up yet
npate083

TravelClick Expands GDS Advertising Capabilities with Exclusive, On-Demand Reporting Pl... - 0 views

  • tool that reaches travel advisors across all four systems at the point of sale and helps hoteliers win and attract high-ADR bookings from business and premier leisure travelers.
    • npate083
       
      Travel Click announced GDS advertising which would allow hotels to advertise directly to travel advisors.
  • hotel booking growth via GDS platforms is expected to surpass 76 million reservations in 2019
    • npate083
       
      The GDS bookings still compose a majority of the bookings. GDS booking will grow by a million YOY.
    • npate083
       
      The GDS bookings still compose a majority of the bookings. GDS booking will grow by a million YOY.
  • "Despite the growth of alternative lodging options, global distribution systems remain the platform of choice for travel agents."
    • npate083
       
      Even with other options in the market, GDS still remains in the lead.
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  • year-over-year increase of over one million hotel bookings.
  • year-over-year increase of over one million hotel bookings.
  • industry's first and only GDS advertising reporting platform that measures performance across all four major global distribution systems, and does so in a way that is aligned to measuring other forms of digital advertising.
  • revealed that travel agents continue to report record use of global distribution channels to make hotel reservations
  • Advertising on global distribution systems displays continues to be important for hoteliers
  • 49 percent of survey respondents said they are booking alternative lodgings less often than they were two years ago
rfahi001

Shiji's StayNTouch Implements its Mobile PMS Solution in "Low-Key Luxury" ARR... - 0 views

  • design touches that delight, locally loved restaurants and bars, and a staff that's friendly, approachable and genuine
  • StayNTouch is the hospitality industry's leading mobile property management system provider with a focus on developing solutions that help hotels raise service levels, drive revenues, reduce costs, and ultimately change the way hotels can captivate their guests. Developed with mobility in mind, the pioneering platform enables hotels to create long-lasting relationships with their guests by delivering personalized service levels that today's guests require. StayNTouch operates on tablets and smartphones, empowering hotel employees to go above and beyond in exceeding guest expectations at every touchpoint.
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    StayNTouch has partnered with ARRIVE Hotels & Restaurants to implement its mobile PMS in ARRIVE's properties. StayNTouch focuses on mobility to create long-lasting relationships between hotels and their guests by delivering personalized service.
drbucky

THE INFORMATION AND COMMUNICATION TECHNOLOGY - IMPACT ON THE HOSPITALITY INDUSTRY IN RO... - 0 views

shared by drbucky on 03 Sep 17 - No Cached
  • a key factor to economic development
  • them
    • drbucky
       
      This is interesting that 80% of tourists use the Internet as their main resource for traveling information. It was only no more than 10-15 years ago that most people tended to go directly to travel agents and travel companies. This trend seems to continue to grow as online firms like Travelocity and Expedia grow and services and lodging locations, such as Lyft, Uber, Open Table, and AirBnB continue to grow.
  • .
    • drbucky
       
      The ever-increasing effects of social media, perspectives from the traveller are available to potential travelers.
  • ...7 more annotations...
  • The global spread of the Internet represented an important step in the radical transformation of the tourist experience, and the information and communication technology progress has significantly contributed to improving the quality of services, but also to increasing the competitiveness of companies in this economic sector.
    • drbucky
       
      The main point of this article is that technology, particularly social and mobile media, has led to continued improvements in the industry. For example, the ability for guests to communicate so quickly and easily through their mobile devices has forced the industry's players to respond quickly and in more satisfying ways. It is not just social media but HOW a company uses social media to reach out to their guests that creates competitive advantages.
  • .
  • s. Thus, in Romania,
    • drbucky
       
      Although this article refers to the Romanian hospitality industry, the author draws a correlation between the Romanian industry and the industry across the globe.
  • r 2011,
    • drbucky
       
      This article was written in 2015 - this references 2011 results. Empirical evidence suggests an increase in this trend as both leisure and business travelers become more tech savvy and tech reliant.
  • communication with clients
    • drbucky
       
      Most organizations in the industry recognize the benefits of having strong on line presence.
  • Obviously, the absence of hotel units from the online environment is currently unconceivable,
    • drbucky
       
      I tend to share this view - it is inconceivable to me that any organization would not embrace the opportunity to have such an amazing way to reach their markets so efficiently - in any industry. To build a strong on line presence is only getting easier and, without an on line presence, I cannot see how companies will be able to remain competitive and last for much longer.
  • In the context of globalization, the information and communication technology encourages global socioeconomic development and represents a prerequisite for balancing the level of information existing on the market and for achieving high performance throu
    • drbucky
       
      Ultimately, the Internet is making global presence easier for any organization. Organizations in the hospitality industry must recognize that they are no longer competing just with their local geographic neighbors but with industry cohorts across the globe.
da7327

The Hospitality Industry's Digital Marketing Trend - 0 views

  • If you are in the hospitality industry you cannot afford to ignore digital marketing.
  • take advantage of it.
  • more mileage
  • ...19 more annotations...
  • Use Visual Content
  • It is also a good idea to use client content by asking them to share their pics.
  • Virtual reality
  • Be Social
  • active on social media and interact with your customers.
  • exposure and allow you to engage and build client relationships.
  • advocacy
  • Influencer marketing
  • content, and influencers can be asked to give their perspective.
  • demonstrating the various functions, features, and attributes of what you are offering.
  • wearables such as wristbands, smart watches and the like can be incorporated into your digital marketing
  • Adopt wearables
  • replace the various payment processors, reduce the time clients and guests spend waiting, and leverage all that big data.
  • Immersive storytelling productions
  • show testimonials
  • offline experiences to the web
  • create a video to thank your clients
  • responsive website
  • This means looking into your sales trends, supplier orders, employee overtime and more in real time.
  •  
    Technology is in the hands of nearly every person this day and age, so why not take advantage of it? When it comes to hospitality people love to see pictures to see both the venue and the experiences people are having. it lets them imagine their own personal experience and creates a ideas to set up their own personal experience. Digital Marketing also allows to build relationships with clients an is a great place to advocate. It also allows for influences. On top of that, it will allow for people to see exactly what functions, features, attributes, etc. is going on without the hassle of having to call and find out. Technology also allows for easy work for the employees. They are able to use smart watched or portable tablets so they can be mobile with assisting clients and guests with their needs and questions. Digital marketing allows for testimonials of the great place it is.
  •  
    This article introduces 2017 digital marketing trends for the hospitality industry. The first trend is visual content. Instead of the explanation contents, pictures will influence more to catch customers' attention considering the characteristics of the hospitality industry. Second, social media becomes a great intermediate between potential customers and the business. The business in the hospitality industry should be involved in social media to expose their brand and build client relationship. Third, virtual reality becomes popular to demonstrate the various functions and features lively. Also, adopting wearables or using storytelling production can be a new trend as a marketing tool. It can produce ancillary revenue and get customers more engaged in brand concept. Lastly, digital marketing should be monitored and evaluated for sales trends, supplier orders and employee overtime in a real time to improve more marketing strategy.
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