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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.
csendra004

Why travel brands need to be preparing for a new payments landscape - 2 views

Module 3: This article discusses the potential future of various payment methods and the recent innovations for companies obtaining payment. Within the hospitality business there are numerous ways ...

asant318

The Future of Hospitality: PMS & the Rise of New Technologies | HospitalityTechGuru - 0 views

  • Without a reliable hotel system, Hotel supervisors and other staff would spend the majority of their time stuck in heaps of reports or attempting to discover their way through in a pack of Excel sheets
  • take full advantage of Hotel software, you have to integrate it with new technologies that are changing the hospitality business.
  • You will have a total perspective of your guests, knowing precisely what they expect, enabling hoteliers to adequately deal with pricing, promoting, segmenting according to demand
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  • You can incorporate your Hotel PMS with a POS, CRM (Customer Relationship Management) framework, CRS (Central Reservation System), Payment gateway, Revenue Management System, Sales, and Catering System, Wi-Fi, Mobile Check-In Check-Out program, door lock, accounting system etc.
  • The most widely recognized AI application in the hospitality business is chat-bots
  • Mobile innovations are crucial for the fate of hospitality business
  • Empowering hotel guests to consistently utilize their smart phones for all available in-room services is the thing that can definitely enhance their hotel experience
  • mobile access to hotel PMS is essential for your staff also,
  • They can get to your hotel PMS from anyplace and take orders, charge each in-room service, manage housekeeping, manage restaurant service
  • WhatsApp Business
  • new advancements offer incredible opportunities for making a ultimate guest experience.
  • The eventual fate of hospitality definitely goes way beyond a hotel PMS, yet hoteliers ought not just look beyond it, but instead connect it
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    The article talks about the increased innovation in PMS and hotel systems overall and how technology is necessary to meet guest expectations. The integration of all hotel systems including the PMS allows for an enhanced guest experience. Hoteliers will have a better perspective of their guests and be better able to anticipate requests and manage pricing etc. A suggested new technology in the article is artificial intelligence chat-bots that can respond and assist with customer inquiries. Additionally the use of mobile is a tool that can empower hotel guests to communicate with the property the same way they use their smartphone for so many other activities. With the proper mobile integration with the PMS a guest could order room service to any location on property, view media and make requests. A combination of highly integrated PMS and hotel software with top notch customer service will provide an exceptional experience that will exceed guest expectations.
kakaboshi

Tech Viewpoint: Three interesting on-demand food delivery trends - 0 views

  • Customer appetite and constant connectivity are driving innovation in the online delivery space for food retailers.
  • Here are three trends to watch in on-demand food delivery.
  • Retailers and on-demand delivery providers are starting to recognize the communal nature of food by offering different types of group ordering options.
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  • Group ordering
  • Some retailers are also open to offering delivery via a variety of proprietary and third-party platforms.
  • Multiple platforms
  • The average food delivery consumer has two delivery apps, according to a recent survey from US Foods.
  • Respondents are slightly more likely to start with a restaurant in mind and look for it in the apps (54%) than start by opening the app and then looking for ideas (46%), giving more incentive to offer delivery via multiple platforms.
  • Wherever you go, there your food is
  • Intrepid retailers are delivering food to remote locations that may offer few or no other dining options.
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    This article talks about three new innovative trends in the online food delivery market that satisfy the highly connected consumer: Group Ordering, Multiple Platforms, and Remote Location Delivery.
bench7628

Editorial: networks, dynamics, and innovation in the Tourism industry: Scandinavian Jou... - 0 views

    • bench7628
       
      This article is a description of networking innovation strategy and the crossroads between critical factor like financing, managing the qualitative method of research.
kakaboshi

Council Post: New Pay Trends: How Today's Workforce Is Reshaping Payroll - 0 views

  • It’s been over 40 years since direct deposit was introduced, arguably the last major development in the payroll world. It’s amazing to think that, with the speed of technological innovation these days, you have to go so far back to find the most recent payroll innovation that had such a significant impact on both employees and employers.
  • technology has infiltrated the payroll landscape in recent years, innovating time reporting and flexibility in pay. Payroll is also being forced to adapt to a workforce comprised heavily of two types of employees: those who require immediate income, and millennials and Generation Z workers.
  • Paycards According to a 2017 FDIC national survey, 25.2% of U.S. households are “unbanked” or “underbanked.” Those who are “unbanked” do not have any traditional banking relationship (i.e., a checking or savings account), while those who are “underbanked” have a financial institution account but also obtain services from providers outside the banking system.
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  • 78% of Americans who are living paycheck to paycheck and who are financially unprepared for an unexpected expense. They are often hourly employees in service-based industries, such as health care, hospitality, quick service restaurants, retail or nursing.
  • Direct deposit of earnings for unbanked and underbanked populations isn’t a viable option, which has made the rise in the use of paycards (debit cards to which an employee’s wages are transferred) an increasingly popular alternative.
  • Research by Aite Group shows the use of paycards is expected to increase through 2022. For employers, these cards, backed by Visa or MasterCard, can provide benefits such as reduced payroll processing costs and the ability to move to fully electronic payment mechanisms.
  • Artificial Intelligence For Time Management
  • Workers increasingly expect employers to be okay with them working on a personal device, rather than a work-issued system. This adds a level of complexity for companies trying to verify payroll hours. Fraud and forgetfulness can lead to inaccurate records and added overhead.
  • To combat this, many companies are implementing artificial intelligence (AI) for predictive timekeeping, rapid detection of irregularities, and even “smart” time verification based on video feeds and facial recognition. 
  • Payroll Platforms
  • Fragmented systems and data have always plagued the fintech industry, but payroll platforms are helping address these problems. They are making seamless integration a reality and combining features in a single platform. Having a fully integrated system provides a single set of data and a flow that reduces complexity, facilitates changes and ensures consistency across all system components. 
  • Daily Pay
  • A daily pay benefit lets workers track and access their earned wages prior to their next payday.
  • Provides the flexibility to transfer earned wages to paycards (or other payment platforms). • Incentivizes employees to perform accurate and efficient time reporting, as employees can see their available balance increase at the end of each shift. • Integrates with other payroll platforms, providing “plug-and-play” functionality.
  • Challenges Ahead
  • All of these new technologies will face skepticism about whether they can deliver on their promises. In some cases, these technologies will have to win over decision makers who are reluctant to change their ways.
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    This is an interesting article that describes some of the new technology being implemented to improve how employees are getting paid based on the current workforce's spending habits. These include the ability to be paid by debit cards, ability to be paid daily and have the flexibility to move the money around, AI intelligence to keep track of the employees' work hours on their own devices, and integration of many payroll functions into one platform. With so much technological advancement, it seems that payroll management is one that is still behind with many companies still working with the old clock in and out method which is time consuming.
anonymous

Cloudbeds brings in $82M to "triple down" on hospitality tech | PhocusWire - 0 views

  • Cloudbeds plans to further invest in its hospitality management technology platform after landing an additional $82 million in funding.
  • The San Diego-based company previously raised $21 million, including a $9 million Series B investment in 2017.
  • “Hoteliers need a complete solution that provides the insights and flexibility to better understand their property and guests, and ultimately deliver a better guest experience.”
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  • Through its software suite, Cloudbeds simplifies working among online travel agencies, payments, reservations and reports so that hoteliers can focus on helping guests and growing revenue.
  • “With this new funding, we want to triple down on innovation and continue to transform the hospitality industry to help hoteliers and hosts meet the needs of the next generation of travelers.” 
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    Cloudbeds has invested in their future to be ahead of the curve by focusing on inventing new technology! They understand the importance of being innovators and leading the industry into the future.
lclar060

New Technologies Will Revolutionize The Hospitality Industry - 1 views

  • In fact, Gartner believes that artificial intelligence (AI) will create 2.3 million jobs in 2020 while only eliminating 1.8 million, for a net gain of half a million jobs added to American company payrolls.
  • Inevitably, the course of every industry will continue to evolve, incorporate and need more technology to be successful
  • Only very recently have voice and natural language processing technologies advanced enough to truly interpret questions
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  • Humans in the hospitality industry won’t be fully replaced, though.
  • While augmented reality (AR) has yet to become a prominent feature of most businesses, consumers should expect to see more adoption within the hospitality industry in the next few years
  • Restaurants are also taking advantage of AR promotions
  • In a hospitality context, we’re getting closer to seamless processes where consumers can authenticate a purchase without a phone or wallet, digital or otherwise.
  • Some hotel chains like Wyndham Grand have offered promotions to guests willing to give up their devices and go “off the grid” during their stay.
  • Technology is no match for the warmth and personality of the maitre D's welcome
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    This article is about AI (Artificial Intelligence) and its impact in the hospitality industry. Although innovations in voice recognition, biometrics, and AR (augmented reality) are not expected to replace human contact, AI technology will revolutionize the industry by taking over mundane, simple, and routine work. Since these ordinary tasks could be time consuming, AI will allow hospitality personnel to focus on more meaningful and complex transactions. AR, for instance, was already implemented by Holiday Inn during the 2012 Olympics to provide realistic thematic and virtual representations. Biometric technology allows customers to authenticate their purchase without a wallet or human interaction. Nevertheless, the article also touches on an interesting concept called 'tech detox.' Some hotels already have promotions for guests willing to stay disconnected in order to be aware of their surrounding environment. In my opinion, AR is the best innovation, especially in a hotel. From TV programming, internet access, interactive city maps, hotel information, restaurant menu, and room service, this technology has endless opportunities to make any hotel experience unique.
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    This article talks about the evolution of IT sector and how this has positively impact the hospitality industry. It brings examples like retail stores where we went from simple cash register to the use of AI in recent times.
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    Forbes articles are infamous for discussing some of the most relevant topics, and this one discussing the technological advancements in the hospitality industry is no different. The article mentions currently growing forms of technology that are already being used as well as possible future technologies that might begin to be used. For example, Speak-to-order is disussed as a technology many customers are already using via their phones with siri or in their homes with alexa and the potential for a voice controlled intelligent system is discussed as a virtual assistant possibility in the industry. Not many businesses are using something like this yet, but it might be something implemented in the future. The article also provides information on how new technology could possible effect people and job cut backs. I was intrigued to read their estimate that Artificial intelligence would actually create 2.3 million jobs and only cut away 1.8 no longer necessary positions. Numbers like this give hope to many people that fear the implementation of technology for fear of losing their jobs. In closing, the article aims to remind readers that no amount of technology or innovation will ever be able to replace the service industry completely, people will always enjoy human interaction.
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    Technology has evolved over the years to a point where we rely on artificial intelligence to assist with our daily tasks. Examples of this would Amazon's Alexa or Siri. It is not surprise, that the hospitality industry will not shy away from this technology, but rather infuse this technology on within our operations. One would think that having technology to take our restaurant orders would replace hospitality professionals, but it actually would do the complete opposite. With the implementation of this technology, those working in the industry would have more time and opportunities to spend with guest and enhance their experience.
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    Technology has become a must-have part of hospitality industry. It helps serve guests faster and more efficient. Data of guests regarding to their special wants and needs is saved into the system will create customized service for guest. However, technology cannot replace people because we're in service industry. It always requires human interaction, that's why it's called hospitality. Technology can be used as a powerful tool to make our job better and easier.
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    I believe the article glosses over many of the potential implications of AI in the industry. For one, to date, technology advances have actually increased the workload of the more highly skilled management personel. A General Manager in a hotel now has to have degrees of knowledge in pricing system logic and demand economics, knowledge of systems and system implementation and the skill sets of individuals required to implement and sustain these systems. As AI and AI logic does begin to invade the Hospitality Industry, it is going to require our leaders to become far more cognizant of the uses, and maintenance costs involved in these technologies. This is not to say that this is necessarily a negative, however the implications for the skills sets required in the industry are a necessary talking point when citing that this technology wont replace jobs. Those mundane tasks which the article refers to are deemed as simple processes, but when discussing the already complex process of an agent reserving a guest in a Forbes rated property (as an example), this is going to get even more complicated in how we leverage these technologies, how we approach to market with the consumer.
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    Technology is continuing to revolutionize daily. All industries are experiencing such change but the hospitality industry will not completely take away is human employees. In fact, tech revolution will simply take away from mundane tasks simultaneously assisting with efficiency and customer satisfaction. With the advent of augmented reality (AR) guests are now able to electronically visualize themselves at the location. Technology cannot outperformance the warmth of guest service reps. yet, the future of hospitality will integrate both the advances of electronics and human interactions.
laura kaczkowski

Travel Agents Increase Use of GDS to Book Hotel Rooms - 3 views

  • Advanced Search Search Products & Services    News Releases Close Send a release Member sign in Become a member For bloggers For journalists Global sites Products & Services Knowledge Center Browse News Releases Contact PR Newswire
  • he leading global provider of revenue generating solutions for hoteliers, clearly demonstrates how crucial Global Distribution System (GDS) platforms and GDS Shopping Displays are to travel agents:
  • 84 percent of respondents indicated that they were using their GDS platform the same amount or more often than in the past, with 35 percent stating that they are using GDS more.
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  • where 26 percent of travel agents stated that they used their GDS platform more often than in the past and 19 percent said they used the GDS Shopping Displays more often than before.
  • "Travel agents are increasing GDS hotel use, and have once again confirmed their confidence in GDS Shopping and Booking Displays,"
  • Travel agents in 25 countries across the Americas, EMEA (Europe/Middle East/Africa) and Asia/Pacific regions who subscribe to one of the four major GDS systems were asked to participate.
  • n the survey, travel agents worldwide also indicated that promotional messages are effective and often prompt bookings: 66 percent of all travel agents surveyed who were aware of promotional messages requested additional information by looking at the screen attached to the promotional message.
  • "This survey definitively shows that promotional messages are not only an excellent way to reach travel agents, but also a valuable sales catalyst,
  • s the leading provider of revenue generating solutions for hoteliers across the globe. TravelClick offers hotels world-class reservation solutions, business intelligence products and comprehensive media and marketing solutions to help hotels grow their business.
  • is one of the fastest growing marketing research firms in the United States. With offices across the country and in Europe and partnerships with many of the largest companies in the financial services, consumer package goods, automotive, healthcare, media, technology and travel and leisure industries worldwide, PMI also offers advanced advertising and brand measurement along with direct marketing expertise.
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    In the article, "Travel Agents Increase Use of GDS to Book Hotel Rooms," it talked about how the leading global provider of revenue is generating solutions for hotels, it shows how important GDS platforms are to travel agents. "84 percent of respondents indicated that they were using their GDS platform the same amount or more often than in the past, with 35 percent stating that they are using GDS more." Back in 2009, when the last study was conducted, about 26 percents of travel agents said that they used their GDS platform more often than in the past. This study also states that the annual GDS shopping displays will be over $50 million in 2011, which will increase more than a million bookings compared to 2010. There was another survey that was done and they surveyed different travel agents from across the world that were subscribed to a major GDS system. In the survey the travel agents indicated that promotional messages are effective and often prompt bookings. Out of the travel agents they surveyed, 66% said that they were aware of the "promotional messages requested addition information by looking at the screen attached to he promotional message." From this survey it showed that promotional messages are an excellent way to reach travel agents and from reaching the agent, they also reaching the customer, it's a win-win reaction.
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    I enjoyed the part about brand and promotional messaging, that is always a lure for me. When I see an attractive offer, evern If I'm not interested in booking or going to the destination, I often click on it anyway just to see the offer. It is a very effective marketing tool.
Rebecca Pichora

Health & Care expo's a great opportunity for event tech - 0 views

  • he Giant iTab company is predicting a growth in demand for event technology and innovation within the medical, health and care industry
  • The event, run by the NHS to encourage better use of smart technologies to enable safer, more secure care for patients, included a variety of digital solutions, particularly app based.
  • “A key part of the event’s agenda was to encourage better use of digital, hardware and software innovation to increase the efficacy of care. The show also demonstrated innovations that encouraged safer data usage and even haptic technology.”
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  • It’s important we show that touch technology of today can be incredibly intuitive and therefore easily adopted by nurses, doctors and care providers
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    Today event technology is on the growth and it is very evident that event technology will be of growing importance in the hospital and heal sector. The reason for this is not only due to the events that are being held, it is because the health industry s focusing on how to integrate technology to help their patients better. They are looking for apps and technology that can increase the efficiency of care that can be used by many different people such as nurses, technicians etc. During this event they used the Giant iTAB to project many of their findings linking event technology and its importance with the importance of technology in the health industry.
mvinco18

Technology in Hospitality, Evolution, Innovation and Guests. | By Martin Soler - Hospit... - 1 views

  • The future of innovation in guest experience is through technology.
  • Today we have over four billion computer users, most of them using a smartphone.
  • The future of hotel guest experience is based on how good your technology is. Let me explain.
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  • today a lot of that experience happens through technology.
  • people aren't accustomed to waiting anymore.
  • As I mentioned previously, hotels are experience companies; they deliver an experience.
  • We should expect our industry to see a milestone innovation in the coming few years,
  • (significant processor change in a mainstream computer).
  • The next frontier in hotel comfort is going to come from technology.
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    This article focused on how technology is changing the type of accommodation that hotels need to have for their guest. it focused on the different changes that the hotel industry have gone through so that they can give their guest the best experiences possible.
vanessavioli

Choosing the right IT and cloud services provider post-Covid: A guide - Cloud Computing... - 1 views

  • Now, as most economic indicators begin to trend positive, companies are once again ramping up their IT projects. Long term solutions are necessary at the scale required for sustained operations and cost effectiveness.
  • In this article, we look at three options – IT consulting firms, IT outsourcing companies, and cloud systems integrators
  • There’s also the reality that many of the larger consultancies really aren’t positioned to efficiently or cost effectively help organisations implement necessary IT strategies. Their areas of expertise lie in assurance services, taxation, management consulting, advisory, actuarial, corporate finance and legal services, to name a few.
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  • They may have the staff to take on something like a cloud migration or cloud-native application development project. But technology implementation is not a strategic part of their business, so they aren’t necessarily eager to take on these types of projects — particularly if they aren’t of a scale that would allow them to make a sizable profit.
  • They have to rely on proven, repeatable methodology to remain efficient — even if it’s at the expense of better project outcomes for their customers.
  • Companies that specialise in IT outsourcing aren’t faring much better than the big consultancies. While they may be more cost effective than a large professional services provider or consultancy, many potential clients are becoming hesitant about working with them.
  • That’s not to say there still isn’t a place for the large technology consulting firms or IT outsourcing companies. But for companies that want the flexibility, scalability and cost benefits that cloud services provide, working with a company specialising in cloud technologies – as a true, long-time strategic business partner, rather than just a point-in-time technical resource – may be the optimal solution.
  • A viable option may be to go with a mid-sized company that specialises in technology implementation — particularly in the areas of cloud migration and cloud-native app development.
  • Cloud systems integrators are able to be more innovative than larger companies that have no wiggle room for experimentation or exploring new methodologies.
  • These companies develop solutions that can meet current requirements and adapt as those new requirements emerge. For many, their work for a customer is just the beginning of a much longer partnership that will evolve to help that customer continually leverage cloud technologies to meet changing needs.
  • However, many of the cloud-centric companies have chosen to focus their efforts on specific platforms, such as Amazon Web Services (AWS) or Microsoft, enabling them to gain familiarity with and expertise in the many tools and services those particular platforms offer. They can effectively leverage those resources to help their customers implement targeted, effective solutions.
  • Like the large technology consulting and professional services companies, the IT outsourcing companies also tend to rely on standard processes that can be repeated over and over to keep costs down. There’s no room for innovation.
  • Pandemic or not, hiring a big-name IT consulting firm often comes with an equally big price tag. Forgoing work with these higher-priced companies or simply cancelling projects reduces expenditures.
    • vanessavioli
       
      Cost is something that is a very serious part of any technological consideration by management. Will that investment be worth it in the long run and pay for itself. Smaller businesses cannot afford a misstep.
  • Few, if any, industries escaped the effects of the Covid-19 pandemic. Even in the technology sector, where change is a normal part of business, many professional services and technology consulting firms struggled to cope with the disruption.
    • vanessavioli
       
      COVID-19 was/is the ultimate disruptor. It affected every single industry, but affected the hospitality industry in the most profound ways.
  • Yet another potential downside: larger firms tend to be less agile than their smaller counterparts. While they sell innovation to their customers, they are often too big and cumbersome to embrace the new ways of working and thinking that they promote on the consulting side.
    • vanessavioli
       
      It is interesting that it actually takes larger businesses to adapt to new technology, however once again it must come down to cost. Revamping a large company technologically is extremely costly and a very long complicated project.
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    This article provides insight on three various types of IT providers and there methodologies. It definitely emphasizes the benefits of specialized companies that focus on cloud computing as their IT service and business model and their ability to b=continually adapt to the changing environment and their desire to create long term relationships. It also talks about how larger IT companies are more focused on strategy rather than implementation of systems. It also talks about how the larger IT companies are much more focused on their own profit than providing services to the client and how cheaper off shore IT companies basically provide the same services at a lesser quality
dyaniroberts

6 Event Tech Innovations That Will Change the Industry - 1 views

  • 6 Event Tech Innovations That Will Change the Industry
  • “Datakalab is a neuroscientific way of reading audience members’ expressions—it’s really interesting,”
  • In a meeting or event setting, the best part is seeing how attendees are truly reacting to what a presenter is saying
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  • Doob takes 3D to a new level by applying it to people and even animals
  • cameras capture dozens of images from all angles and the data is used to create a 3D replica, which is like an action figure,
  • This is something planners could even do as a creative thank-you presentation or as CEO gifts.
  • AI Robots at Meetings
  • Artificial intelligence robots debuted a few years ago, and they have started debuting at tradeshows and conventions
  • “They have facial expressions and can have full conversations with you. There are endless ways they can be used at events. They are becoming so popular,
  • G-SMATT is a fully transparent LED glass that allows event producers to create a full 360-degree program that combines the physical and digital worlds to immerse guests in a brand’s message in a unique and entertaining way.
  • The technology can display digital artwork, create augmented reality and holographic visuals, and even allow guests to play interactive games. It can be a building block for everything from tradeshow booth structures to the outside of skyscrapers.
  • “Visual Comet creates incredible LED tunnels and bar [displays], for example,” Cerbelli said. “The visuals and branding possibilities are fantastic with the imagery you can bring to life.
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    This article breaks down several different items that are key players in the future of event technology. In the events industry, there are so many things that can be used to impact the guest/attendee experience. The technology innovations that are headed our way and gearing us into the right direction in executing successful, interactive and insightful meetings and events.
Taj Buckley

The future of hotel software is here: instant implementation, free integrations and app... - 0 views

  • Today voice, keyless and robots are great buzz for hotels to leverage in PR but the applications still need time to mature in order to deliver meaningful business impact.
  • At first the apaleo pitch seems like a utopian promise to seasoned hoteliers:  implement your PMS in a day with no training needed and free integrations to dozens of apps. It almost sounds too good to be true but it's very real.  apaleo is already in market it’s using modern technology to bring Silicon Valley like frictionless innovation to hotels globally.
  •  Frictionless technology experimentation and instant implementation is the single most important innovation since the internet started bringing online bookings to hotels.
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  • The market has moved from traditional on premise PMS and other systems to hosted systems (this is where unfortunately most of the PMS companies such as Opera or Protel are still today). That move was followed by the first generation of cloud PMS with hetras, Mews or Guestline. Today hoteliers want an entire open platform with easy to activate modules from the most innovative firms. The API first approach we have taken with apaleo for the hospitality industry is unique worldwide, and exactly addresses this requirement.  
  • We firmly believe that the "all in one PMS" are a thing of the past.
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    The future of the hotel industry is in voice,keyless and robots are a great buzz for hotels to leverage in PR. The concept of "all in one PMS" is a thing of the past as more companies lean towards mobile cloud PMS that is user friendly. Second Generation cloud PMS could be implemented in a day with no training needed and free integrations to dozen of apps.
yyr997

Tech Trends of 2020: Where Innovation Lies - Hospitality Tech News - 0 views

  • Facial recognition. Robotics process automation (RPA). Voice assistance.
  • Facial recognition technology is used by hotels and hospitality companies to streamline the guest experience, automate the check-in process, enhance security and improve processes.
  • Absolutely everyone would agree that a speedy, high-tech check-in is a huge plus for any hotel stay.
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  • There is a danger that while these processes save time and reduce long lines, they can simultaneously sacrifice customer service.
  • Voice assistants are becoming and will ultimately be ubiquitous.
  • real innovation is about so much more than the terms that identify the technologies transforming the hospitality industry.
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    Facial recognition technology has played a big role in hotel stay, and it makes guest stay more convenient and faster. However, the privacy protection of guests and the personalized and humanized services that guests need also need attention. In the process of digital transformation, hotels should also pay attention to the different needs of guests.
cjdearmas

IoT Smart Hotels: Technology In The Hospitality Industry - 0 views

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    "As professionals in the IoT (Internet of Things) field continue to innovate creative new smart building solutions, there will be more and more applications available across a variety of different industries. As it becomes easier and more cost-effective to install and operate IoT technology, smart buildings will be the norm. Many industries have already adopted IoT solutions in order to enable robust smart building integration, including healthcare, real estate, education, retail and more. There are also many opportunities for IoT innovation in the hospitality industry. Smart hotels are on the rise, and the benefits of IoT solutions for hotels impact both hotel operators and guests alike. But before exploring IoT in the hotel industry, it's necessary to understand the fundamentals of IoT technology."
kmira026

Why You Should Take a 'Wait-and-See' Approach to New-Product Launches - 0 views

  • While most inventors would love to create something completely new, that's not always necessary. Often, it's enough -- and a brilliant marketing tactic, even -- to imitate your rivals and then add a few tweaks.
  • Pandora used imitation and a delayed launch to woo paid streaming-service users with the promise of a more personalized experience.
  • Instead of being first to the marketplace, being last may actually present more opportunities and stability.
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  • Regardless of the solution they eventually offer, entrepreneurs who hang back can avoid early fatal flaws that interrupt fantastic consumer experiences.
  • Poor marketing, uber-techiness and overspending.
  • 1. Watch, look and listen.
  • 2. Use negative sentiment to your advantage.
  • Capitalize on negative press swirling around your competition by waiting to release a similar product.
  • While we love a story of bold innovation, innovation doesn't always keep the lights on. Sometimes, it's far wiser to come in second or third where the spotlight is less blinding -- there, you can see where you're going.
  • 3. Differentiate yourself through great execution.
  • As you read through social media posts and dig into articles on your competition's products, figure out where things went awry. Make sure you don't stumble over the same roadblocks.
  • Apple has merely found a smoother path to streamline a service people want and already use
  • Lyft and Uber have been entangled in a fight like this for a while.
  • When President Donald Trump's travel ban rather circuitously led to #DeleteUber momentum, Lyft took advantage of the opportunity to outshine its rival. Not only did Lyft donate to the American Civil Liberties Union, but it has also enjoyed a 7 percent increase in customers since January 29. Lyft wasn't hasty, and it swung with the popular sentiment pendulum.
  • You might think you have a revolutionary product, but what if the market disagrees? If your top competitor just released a similar product and its sales are flailing, you owe it to yourself to analyze what's happening. Could it be that the market for your product just doesn't exist yet? If so, how can you pivot so you can produce an actual game-changer, not a wannabe?Segway knows all about this challenge: It discovered its product's market was limited by cost and individual desire. By the time it was put to bed, it was no longer a technological marvel -- it was just a punchline. Chances are good that leaders of a company waiting to market a Segway-like creation put plans on hold when they saw the fallout and chose to execute their innovations differently.4. Do the common uncommonly well.
  • leapfrogged over the issues plaguing its competitors, solidifying itself as a smarter, less-glitchy solution for music lovers, thanks in part to what it's calling the Music Genome Project.
    • kmira026
       
      benefit of wait and see approach
  •  
    This article goes into being patient when it comes to launching a new or similar product. Many companies try to be a trendsetter but sometimes taking the backseat is much beneficial. Startup and trial and error runs are ultimately decreased. Reviewing the feedback of others on social media outlets can help make sure you don't stumble over the same issues.
  •  
    This article explains why a wait & see approach is sometimes the best approach for some companies before launching a product in a very competitive market which already has a company providing the same product to consumers. Many companies have waited to see what issues consumers are complaining about when their competitors have launched a product to later launch a better product better than that if the competitors. Such companies are Pandora versus Apple Music, Lyft versus Uber, Apple Cash versus Venmo, QuickPay, and Square Cash.
Nicole Stevens

Dolce Hotels & Resorts Implements MICROS OPERA 9 Front Desk Mobile on iPad - 1 views

  • OPERA 9 Front Desk Mobile is an innovative, fully integrated solution that allows the resort to use an iPad to check-in and check-out guests, organize housekeeping activities, and create task sheets, improving revenue, operational efficiencies, and increasing overall guest satisfaction. Dolce has several properties set to deploy OPERA 9 Front Desk Mobile throughout the first half of 2013.
  • Aspen Meadows Resort uses an iPad with MICROS OPERA 9 loaded at the local airport, checking in guests at the baggage claim area. Upon arriving at the hotel, guests are able to bypass the front desk and proceed directly to their rooms.
  • Aspen Meadows Resort will also take advantage of OPERA 9 Mobile’s Housekeeping Task Companion solution as part of the next phase of the beta. Housekeeping Task Companion provides housekeeping staff the ability to change a hotel room’s housekeeping status easily on the go, as well as provide instruction and direction to other staff members. The Housekeeping Task Companion system determines which rooms to clean next based on various factors: if the room is in backlog, the anticipated arrival time of the guest, how many guests will occupy the room, and when the current guests will check out.
  •  
    Remote Check-In via iPad was unheard of till now. There are few innovations within the hospitality world that changes the way guests interact with a hotel, but this is one of them. Technology has advanced so rapidly that the hospitality industry like most businesses has had a hard time keeping up. This new Mobile Front Desk system is a leap in the right direction. With more mobility the system can be updated rapidly, giving the front desk real time information. This will allow for better hotel management. 
mserr078

Hotel Software: The Most Important Software Solutions for Hotels - 4 views

  • Hotel software allows hotel owners or managers to streamline their administrative tasks while cutting costs and increasing bookings at the same time.
    • nicoleastete
       
      Hotel Software is a multi-use software that can be used by administration, employees, and also other staff. There is a variety of different software that can be used based on the capacity and need of a hotel for day-to-day operations.
    • nicoleastete
       
      Hotel Software is a multi-use software that can be used by administration, employees, and also other staff. There is a variety of different software that can be used based on the capacity and need of a hotel for day-to-day operations.
  • If the current software you are using for your hotel is out of date, it may be holding your business back and stop you from gaining productivity.
    • nicoleastete
       
      Innovation in the Hospitality industry is something that is continuously changing. Technological advances in software/hardware play a big role in how efficient a hotel can be run. Bookkeeping and administration for big hotel chains are managed through their software "cloud based".
    • nicoleastete
       
      Innovation in the Hospitality industry is something that is continuously changing. Technological advances in software/hardware play a big role in how efficient a hotel can be run. Bookkeeping and administration for big hotel chains are managed through their software "cloud based".
  • This software allows the hotel owners to process e-payment collection and manage room inventory for accurate allocation. This last feature prevents over-bookings or even duplicate reservations. It is also possible to use a PMS system to send confirmation emails to customers after they make a booking
    • nicoleastete
       
      This Feature of the PMS software is very important as it allows hotel owners to manage room inventory and booking/reservations. This allows the inventory management of rooms and the availability that sync online with customer request based on what is available for booking in realtime.
  • ...9 more annotations...
  • The purpose of an RMS software is to improve pricing strategies in order to sell more rooms at optimal rates. Since the hotel industry is highly dynamic, it is crucial to use a revenue management system. Some of the main advantages of this hotel software include strategic pricing and higher revenue, but there are many more benefits that hotels can make use of.
    • nicoleastete
       
      Having an RMS system is crucial in the hotelier industry. A RMS software allows you to play with strategic pricing and room value depending on room occupancy, room cost and seasons. Revenue Management system ensure a success of revenue based on capacity.
  • A channel manager helps avoid overbooking and prevent other costly mistakes since it has the ability to report booking sources. The hotel owner can then determine which online channels or portals are the best fit for their niche market.
  • Reputation and review management software is designed to track online users’ feedback on services and products. It is a system that helps spread the customer’s positive reviews through the relevant online platforms.
    • nicoleastete
       
      A Reputation review management software is highly used in the hospitality industry overall. It's super essential to track online user's/ guests feedback based on experience, service and products. Building a reputation online is important for branding and allow you to have more online exposure and foot traffic coming in.
  • As different technologies in the hospitality industry are constantly evolving, it becomes almost obligatory to choose the right hotel software for improving service and making the process to run smoother. W
  • Hotel software allows hotel owners or managers to streamline their administrative tasks while cutting costs and increasing bookings at the same time.
  • PMS is a system that facilitates the booking management and admin tasks of a hotel. A property management system doesn’t just automate operations across the various departments in the hotel.
  • It has now developed into a platform that helps hotels gain more visibility and enables them to reach out to audience in order to increase bookings
  • RMS lowers costs as it takes into account the room rates during the low and high season. As a result, the hotel manager can plan in advance and lower costs by avoiding unnecessary expenses.
  • This hotel software has the benefit of simple graphics and easy-to-use reporting tools that help hotel owners optimise room rates in line with demand.
  •  
    Overall, the hospitality industry has seen tremendous growth over the year. However, utilizing these new software systems and their easy updating features can benefit these hotel properties in a major effective way. These features allows staff members to monitor, easily adjust and plan lower costs, and monitor social media marketing for future hoteliers.
  •  
    When I was looking through the news, I knew that hotel software would have positive influences based on costs. They are enhanced with developed tools. I like the view that hotel software would take more trends within account retrieving and customers opinions. I think no matter what happened hotel software should be valid for hotel owners to hire. It is innovative. Furthermore, I would make assumptions about estimated future processing. It should be risk free to keep an example while hazardous events happened. It probably costs more like hurricane is running thorough for a hotel. Whether should they run a PMS and RMS are good reasons to concerning about more clients. Whether the chopsticks could be electronic one to apply for a utensil is a wondering. The conclusion I think is a must that I like the article about hotel software.
kelseybarton

Technology Innovation (and Other Trends) in the Hotel Events Space Shaping 2020 | - 0 views

  •  
    (1 of 3) This Hotel Technology News article discusses the various technology advancements in Hotel Event Planning and what their effects were predicted to be for 2020. As the article states, "With each passing year, events seem to get bigger and better, boasting exciting new technology, catering to attendees' needs in finer detail, and bringing guests together in unique venue spaces for a variety of occasions." The event industry continues to grow as people continue to desire more unique, memorable experiences. Event planners struggle with advancing their experiences, but with the help of technology they are able to continue to grow each year. This process starts with the booking experience and Venue Management Technology has gained popularity in creating seamless booking experiences. "Whether marketing to a transient guest, event attendees, or a corporate group, hoteliers and event planners are in the business of meeting and exceeding expectations." With venue management technology, event planners are able to make memorable experiences starting with the booking of the venue all the way until days after the event. Venue management platforms provide everything to the event planners at their fingertips.
  •  
    (2 of 3) The article continues on to discuss that while large events are extremely lucrative, venues must make sure to consider smaller events as well. "Ensure your venue space is equipped for events and meetings of various scale, and work closely with planners to ensure an attentive, personalized experience while bringing their event or meeting to life." Meetings are going to continue to grow so venues must continue to adjust and be equipped for anything a consumer might desire. This may include non-traditional events or venue spaces as well. While classic hotel convention spaces may not be as popular anymore, hotels are challenged to utilize and market their space differently to attract new consumers. With the event industry, as with any segment in hospitality, the ultimate purpose is to leave lasting impressions on guests. In recent years, the use of technology has been great in assisting this idea. Venues who have mastered creating a memorable experience have often done so by "using new-age features and platforms to create a frictionless event, engage attendees on a deeper level, and create meaningful, memorable experiences." Venue management tools are also used in making these experiences for guests. The article left readers with three takeaways. The first being that venues need to utilize technology to make them more effective in areas such as RFP response and the way that they offer their services. The second takeaway is that businesses need to evaluate their current technology partners and make sure to choose a partner that will allow them to best create memorable events. The final key takeaway is that venues must increase conversions and improve venue listings with things such as real-time availability and strategic pricing.
  •  
    (3 of 3) This article was very interesting in its description of the technology used in the event industry and predictions for the future of events. It is quite apparent that this article was written at the beginning of 2020, though. I do believe the event industry was headed in this direction, but, as with the rest of the hospitality industry, I believe events will see a massive decrease over the next few years and then pick back up in the future. Due to the risks associated with Covid-19, consumers are not finding in-person meetings or events necessary. Many organizations have resorted to digital meetings and cancelled any events, causing a huge loss for the industry. I believe that as the rest of the industry recovers, events will slowly follow and eventually make their way back to their pre-pandemic predictions.
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