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glope143

Event Planning and Sustainability: Making Your Next Event Greener - 0 views

  • Most venues today can provide you with an event experience that has a smaller environmental impact and give you a better story to tell stakeholders
  • To reduce your energy and water impacts, ask the following questions:
    • glope143
       
      This article lists potential questions an event planner may present a venue in order to increase sustainability efforts. In the first segment, energy and water, event planners are encouraged to ask for minimum lighting and AC or Heating reduction during set up and break down. These are viable suggestions and will no doubt reduce the carbon footprint of the venue but the fact remains that in Miami specifically, temperatures can soar upwards of 90 degrees in a room with no A/C on a sunny day. Event planners must also plan for the safety and satisfaction of crew members as it can reflect directly on the event's production.
  • To reduce the amount of waste that ends up in the landfill, ask the following questions:
    • glope143
       
      In terms of waste management, the article implores planners to ask if both trash and recycling options are available, the average waste diversion for the venue that will determine what percentage of waste is moved to landfill vs. recycled, and if the venue has contact with any nearby non-profits that could benefit from leftover event materials. .
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  • To reduce the impacts of food and beverage ask the following:
    • glope143
       
      Planners could ask the venue for condiments to be served in bulk to avoid excess waste from individual packets and for meatless options to be made available. One should also aim to incorporate a majority of organic and local products.
rnobl005

A Next-Generation Property Management System: What's the ROI? - 0 views

  • A Next-Generation Property Management System: What’s the ROI?
    • rnobl005
       
      After reading everyone's comments on the WebRezPro website, I felt like this article was a nice complement. It's great if you can properly deploy a new Property Management System to make your operations more organized. But what really matters is making sure you are utilizing all the tools at your disposal to get a return on your investment, or ROI. When you evaluate your processes, it's important to look at the data. How long does it currently take you to check in a guest would be one such example. If you think that this new system can help improve that performance financially than you might want to implement it. The author also suggests though that it's important to monitor repeat bookings. The goal is to wow your guests over with a painless experience so that they don't search for another hotel next time around. New PMS models offer smaller businesses the ability to have sophisticated software at a fairly low cost depending on the payment structures. One feature I hadn't thought about until reading this article is whether or not you are required to sign a contract. If you can pay month to month you can test out a system and decide to go another route if it doesn't work out. Ultimately, the most important outcome of any PMS is making sure you are profiting off of your decision. I think anyone looking to implement a PMS would benefit from reading this piece.
  • deployment of a next-generation PMS should lead to a greater number of repeat guest stays and a higher volume and intensity of positive brand advocacy.
    • rnobl005
       
      This is a tangible impression that a PMS can make on your hotel's performance if you utilize it correctly.
  • To what extent is the new system likely to improve sales and revenue
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  • Another key factor to consider pertains to reduction in losses, including losses related to errors in manual updates and delayed or lost room charge postings
  • To what extent will the new system reduce the amount of time currently being spent on managing front desk activities, including check-ins and check-outs, and on such time-consuming tasks as consolidating guest accounts and managing rates and availability across distribution channels, including OTA, GDS, Web, and travel agents?
    • rnobl005
       
      These are key performance indicators that properties managers should keep track of to see how they are performing month to month.
  • less expensive and require less up-front investment
  • most cloud-based systems also use a subscription “pay as you go” model, which generally means no long-term contracts and no upfront capital investment for the software or hardware
    • rnobl005
       
      I really like the idea of a subscription model. It puts the power in the consumers hand in a way. If you don't like the way the system is functioning you have some bargaining power.
  • it is important to confirm which software features and modules, including future upgrades — as well as which hardware components, if any — are included in the base (recurring) price so as to avoid any surprises down the road.
    • rnobl005
       
      Definitely agree with this statement. It's always important to know all of the details before signing any contracts.
  • These improvements should be reflected in increased RevPAR and profitability. Better data integration and accuracy should improve revenue management and channel management capabilities, also translating into favorable financial outcomes.  
kakaboshi

Those Tiny Hotel Toiletry Bottles Are on Their Way Out - The New York Times - 1 views

  • In what might become the first such state law of its kind, a bill, A.B. 1162, is making its way through the California Legislature that aims to scrap the tiny single-use plastic bottles at hotels and other hospitality establishments. It was passed in the Assembly last week, and has moved to the Senate for committee examination.
  • “The goal is really to start to phase out single-use plastics in our state in general,”
  • “This is really low-hanging fruit because the industry is already moving in that direction.”
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  • The city council of Orlando, Fla., on Monday approved a partial ban on straws and bags, and last month, Cuyahoga County, Ohio, banned plastic bags starting from next year.
  • In March, lawmakers in New York agreed on a statewide ban on most types of single-use plastic bags from retail sales, making it the second state to do so after California, which has been at the national forefront of legislative action to ban plastics clogging shorelines.
  • In 2016, the world generated 242 million tons of plastic waste, according to the World Bank. North America, which it defines as Bermuda, Canada and the United States, is the third largest producer of plastic waste, totaling more than 35 million tons.
  • The California bill says that from the start of 2023, lodging establishments with more than 50 rooms would be prohibited from providing a small plastic bottle containing a personal care product in a bathroom or sleeping room. Establishments with 50 rooms or fewer would have until Jan. 1, 2024.
  • The California Hotel & Lodging Association had pushed for an extension of the deadline to make it easier for hotels to comply.
  • He estimated it could cost about $70 for each of the 500,000 hotel rooms in California to be transformed to accommodate multi-use dispensers.
  • Generally, hotels and hospitality organizations assume guests will nick toiletries. But if they don’t disappear from rooms, bottles left behind are often repurposed.
  • Some donate extras to homeless shelters or other organizations helping people in need.
  • “In one month alone, this can amount to over 380 pounds of toiletries diverted from the landfill and sent to those in need,” the hotel says.
  • InterContinental Hotels Group said last year that it would remove plastic straws from more than 5,400 hotels in nearly 100 countries by the end of 2019 and introduce bulk bathroom amenities at some of its brands.
  • Some hotels work with Clean the World, an organization in Orlando, Fla., that recycles soaps and leftover plastic bottles collected through its partnerships with 8,000 establishments.
  • Like grocery bags and straws, the miniature bottles of toiletries and cosmetics that many guests swipe from hotels are in the sights of legislators and hotel establishments who are trying to reduce the environmental impact of plastic waste.
  •  
    This is a smart move, both from a environmental and a cost cutting perspective as refillable containers will likely reduce costs over the long run. Marriott has been looking at replacing this process for years (Marriott Banning Little Shampoo Bottles By 2020 Associated Press - https://www.nbcnews.com/business/business-news/marriott-banning-little-shampoo-bottles-2020-n1047116) However, even Marriott admits that it doesn't have the process right yet. There will be a significant impact to smaller operators whom 1) Will be challenged with an additional increase in cost for new dispensary options 2) Have less access to big brand economy of scale purchasing which specialized dispensary products will require. Though this is as a policy almost a foregone conclusion, there seems little doubt that extensive thought has to be put into the impact on operators as a whole, and the customer made cognizant of the fact that costs will rise due to this change.
corrie242

Is there a future for the GDS in a modern travel industry? - Blog - WHM Global - 0 views

  • A GDS is a network that facilitates automatic transactions between travel service providers like airlines, hotels and travel agencies. They have traditionally been used to provide services, rates and products to consumers.
  • The main advantage of being on a GDS is that it gives anyone selling travel products – including hotel owners with rooms to fill – a virtual marketplace on which to advertise them, meaning they are more likely to be sold to someone who wants them. It also means smaller, independent properties can bundle up packages such as those including accommodation, flights and admittance to a special event for a certain price and offer them straight up to their consumers.
  • Many airlines have also been criticising the lack of innovation within the GDS, which is preventing the airlines themselves from updating their business models to become more competitive against those that aren’t restricted by a GDS.
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  • However, when the real internet did arrive, its advances started to pose a big threat to the GDSs that has never been as evident as it is today. Airlines in particular are now connecting directly to the consumer to reduce GDS fees – indeed, the lobby group Take Travel Forward estimates that airlines across the world are paying somewhere in the region of $7 billion a year in fees alone for GDSs.
  • A survey by Business Travel News suggested reliance on GDS channels will start to wane by 2020, while half expect their relevance to decline. CEO of Trip Bam Steve Reynolds opined that they won’t exist at all in seven years. Can GDSs evolve and survives clear that unless the GDS changes to meet the needs of a travel industry that is ever-changing, it may cease to be relevant and die completely.
  • GDS could continue to be relevant for travellers, particularly those travelling for business. People still need to comparison-shop quickly and easily, which a GDS enables them to do while continuing to meet their duty-of-care responsibilities at the same time.
  • GDSs will become a direct corporate booking tool as opposed to one used solely by travel agents and other industry insiders.
  • IATA study showed that airlines crave flexible platforms that offer them fare and product transparency, product merchandising, dynamic pricing and support for multiple transactions all at the same time, something a good GDS could still help them with. Perhaps it will be consolidation and the development of a consumer-facing product that helps to save the GDS in the 21st century.
  •  
    This article highlights the benefits of GDS and how it is becoming obsolete to major airlines. Experts in the industry have been suggesting that the days of the GDS are numbered as technology evolves.
afigu115

Mobile Communication Trends Within the Hospitality Industry | News | Hospitality Magazine (HT) - 0 views

  • Now devices are evolving to keep up with the ever-increasing introduction of specialized mobile-applications for every field, particularly hospitality.
  • Push-to-talk over cellular (PoC) has already impacted wireless communications and hardware development with the introduction of Bluetooth equipped two-way radios, transitional gateways for hybrid systems and smart phone adoption.
  • Mobile apps are being developed daily to fulfill sector-specific needs and are easily accessible over internet (Wi-Fi)
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  • PoC is a more affordable communications method than traditional land mobile systems,
  • Lately, new software technologies are acquired as fast as they’re launched.
  • Consequently, manufacturers are creating devices that look exactly like radios on the outside, but are really 4G phones on the inside.
  • Hardware devices that control multiple communication outlets at once, yet are smaller than ever before will soon emerge.
  •  
    Push-to-talk over celluar (PoC) has impacted wireless communications and hardware development globally in the hospitality industry. There is a growing rend toward the use of mobile messaging apps among hotels, casinos, stadiums, and other venues. The Internet of Things (IoT) has ultimately been the forefront of wireless innovations and mobile apps are being developed on a daily basis to satisfy sector-specific needs. Being easily accessible over Wi-Fi or broadband networks allow great reach and consistent connectivity. Manufacturers are staying relevant through developing joint solutions with other companies to meet end user demands. For example LMR radio and smart phone makers have been working with PTT app firms as well as network providers to satisfy the amount of PoC demand. The trend on replacing two-way radios with smartphones has been seen; however, some are reluctant to change. Some manufacturers have created devices that look like traditional radios but ultimately are just 4G phones on the inside. As soon as safety, productivity, and response time are improved and stable, this transition will become commonplace. In the very near future, through the use of Bluetooth technologies, hotels will send keys directly to smartphones for guests who wish to skip the check-in process.
  •  
    This article reflects on how communication is now being done through our mobile devices. With so many innovations occurring with technology there are new ways to communicate. The introduction of wireless bluetooth has impacted the push to talk. It's important to keep up with the new innovations in order to stay relevant and not fall behind. The idea of merging devices, in regard to radio is the next big thing. I believe it's important to continue the trend of technology because it helps improve communication and customer experiences. Mobile-applications will at one point be assigned to a certain job and that's how communication will take place. For some it may be a bluetooth piece for others it may be a small microphone attached to the clothing.
dskomorowsky

Here's How IoT Has Revolutionised the Hospitality Industry - 0 views

  • IOT can be one of the biggest boons to the hospitality industry. You’ll be surprised to know that the number of internets connected “things” already exceeded our population back in 2008.
  • By 2020 this number is expected to reach 50 billion. A whopping $19 trillion is anticipated as cost-savings and profits from this investment.
  • According to the sources, of all the businesses that chose to implement IoT, 94% have already seen a return on their IoT investments.
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  • Complete Personalization:
  • Connecting all the amenities and services, associated with a particular booking, to one application or device, can help us achieve our goal of personalization.
  • If all devices and appliances are connected to a single software or device, or to a designated software, even a minor fault can’t go undetected.
  • Better Monitoring:
  • Surveillance and Access Control:
  • IoT will also help to provide a safer environment for the guests. If all the surveillance devices are connected to one master device, the staff will get an instant alert of any unusual activity so that appropriate actions can be taken.
  • All of us should come together and adapt to this concept and technology for our own good. Hotels such as JW Marriott has already started incorporating IoT in their hotels.
  •  
    This article outlines the tremendous potential of IoT implementation in the industry, with a specific look at India. Interesting to note that the number of devices connected had already exceeded the population of India when it was written and the writer comments that the projection is set for 50 Billion by 2020 (25x the population of India). Citing three major areas of application and impact: 1. Personalization - Enabling the guest to control their in-room preferences and providing the Hotel the opportunity to understand those preferences and provide better future service. 2. Better Monitoring - Ensuring product fault assurance and equipment monitoring 3. Surveillance and Access Control - Monitoring activity on key locks and access to multiple units on the same device. While I think this article speaks to the potential there was significant ground missing in potential applications and services that can and will be offered. It didn't discuss many set backs such as limitations to current IOS provision systems, such as requirement for stable Wi-fi or cell reception. 5G will make this even more complicated. Nor did it address the actual costs of implementation which will be significant, especially for smaller operators. However, it does bring to light the potential for the future.
tttiiinnnaaa1997

Everything you need to know about property management systems - SiteMinder - 0 views

  • Here are five common property management system myths and why we think they’re unfounded…
  • 1. You think cloud-based technology is confusing or hard to use
  • The opposite is true. A PMS allows you to keep everything in one place and it can never be lost. You can access your data from any location so long as you have the Internet.
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  • 2. You worry that sensitive data is insecure and vulnerable
  • With data in the cloud you don’t have to worry about viruses or bugs, and hacking is much less likely to succeed thanks to firewalls and authentication gateways.
  • 3. Your current software works just as well as cloud-based technology It’s unlikely this is true and even if it is, it won’t be for long. Cloud software is constantly being updated and evolved meaning users automatically get the benefits included in their monthly fee.
  • 4. You believe a web PMS is only suitable for large hotels The reality is that smaller or independent hoteliers are often stretched thinner than anyone. With less staff and more responsibility, the time and hassle saved by using a cloud-based PMS is vital and could be the difference between getting the bookings needed for maximum occupancy or losing revenue on empty rooms.
  • 5. You think hotel technology is too expensive Cloud-based systems are actually very cost effective.
  • There’s also no lengthy setup process and with the time you save using it, more resources can be directed towards increasing guest experience and revenue streams.
  •  
    As we all know, all hotels need some variation of a property management system, which PMSs come in many different forms. In this article, the author has seen PMSs as a superior way to handle all these tasks with ease at hotels because of its ability to deeply integrate with channel managers, booking engines, and revenue management systems. However, there are still certain concerns over PMSs, and this author has clarified some rumors of the validity and cost effectiveness of PMSs in this article.
  •  
    All hotels need some variation of a property management system (PMS). However they come in many different forms and are not all created equal. There are still properties trying to manage their business in a traditional way with books and ledgers, others are using server-based systems, while many used web-based systems. One of the most valuable things to a hotel manager is time, and money of course. The first two systems listed are a drain on both time and finances, while the latter has obviously become the optimal way to manage hotel operations. Cloud-based PMSs are a superior way to automate and accelerate all the important processes at your hotel such as taking and confirming bookings, managing reservations, generating bills and reports, check-in/out, room transfers, checking/editing availability, guest communication, the list goes in.
l_symonette

Ebusiness And Its Impact On Hospitality Industry Information Technology Essay - 0 views

  • It encompasses e-commerce, which relates to buying and selling, but also includes servicing customers (i.e. business to consumer) and collaborating with business partners (business to business).
  • This new virtual marketplace allows small companies competing with business giants by just having a better web presentation of their products/services
  • online customers can enjoy a wider choice of products or services, more competitive prices, and being able to buy their favourite items/services from the sellers located thousands miles away
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  • E-business is having a huge impact on the hospitality industry, an impact that looks set to continue. An increasing number of people are booking and viewing restaurants and hotel rooms online, and they are working with the smartest time-saving electronic systems.
  • Smaller travelling agencies, among others, are more interested in the application of Internet to gain certain competitive edges over their larger counterparts.
  • In the past, travel agents were used for not only travel plans but they also sold transports, tours and accommodation for suppliers. Travel agents were the most common source for booking hotel rooms and any other travel components.
  • The internet emerged and the World Wide Web was invented, linking the world into one global network. The emergence of the internet had a great impact on all businesses including the hospitality industry.
  • increased choice speed greater independence more information eg services, appearance, location, virtual room tours ability to compare prices increase in direct booking, less use of intermediaries
  • It has been reported that the online booking in the hospitality industry (including hotel/motel, airlines, travel packages, etc.) is increasing at a very rapid speed recently. An online hotel room booking has been increased by six times just during last four years (from 1999 to 2002) from $1.1 billion in 1999 to $6.3 billion in 2002. As a result, its percentage as of total annual bookings is increased over 400% - from about 2% in 1999 to 9% in 2002
  • technological barriers for business and customers e.g. slow connections, inadequate hardware, slow download times, staff resistance to change, lack of staff training, requirements for web maintenance inflexibility of business structure lack of business planning e.g. cash flow forecasting, marketing strategy poor website design security for payments (perceived and real)
  • Organisational issues e.g. business planning, staff development, recruiting new staff; customer education and awareness campaign; support issues e.g. government support, support for web design, dedicated technical support
  •  
    The internet has allowed the Hospitality Industry to significantly grow, by bring their products , which is now easily accessible for customers.
hectorpachon

A viewpoint on GDS surcharges and the evolving airline distribution landscape | PhocusWire - 0 views

  • The fact is that the current system is old. It’s been around since the 60s and it has serious flaws baked into its older mainframe approach. Not so long ago, research revealed security flaws in PNRs as used by the GDS, which meant they could be easily hacked.
  • This means that travel agents’ bookings are swayed by the airlines they have preferred agreements with. It earns them bonus payments if they reach a certain volume each year. This can skew the equation away from the traveler's best interests.
  • The fact is that three main players still dominate the global travel distribution system.
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  • Recently, there have been disputes between certain airlines and the GDS.
  • Tensions between airlines and GDSs have been further exacerbated with carriers making more from unbundling their fares and then offering services like luggage, food and drink as add-ons. This move has been hugely profitable for airlines -- and has increased airline revenues by shielding these add-ons from middlemen.
  • European airlines have perhaps been most active in exploring models outside the GDS.
  • The fact is that it’s new technology that will guide and change the travel distribution system. Smaller players have more of an opportunity to create innovative solutions that do not involve the big three.
  • They have direct access to consumers and are pushing hard into selling travel. If Facebook opens up its user base of more than one billion people to travel companies you can imagine that many will jump on board.
  • Airlines have been heading towards a merchandising strategy for some time now, increasing profits and shifting from a service provider to a retailer.
  • However, there is no doubt that this is the path they need to take to grow and attract wider sales.
  • The fact is, in order to make these changes successfully they cannot be restricted by financial burdens, outdated systems and old technology. New platforms and systems need to be continuously developed to support them as the airlines’ business model evolves and passengers demand more from their carrier wherever they book their tickets.
  •  
    Some argue that the GDS is a fair system. It it does enable travel agents and clients to access travel data, make price comparisons, access special rates and book travel. The big 3 Travelport, Amaadeus, and Sabre do generate billions of dollars of global travel sales for travel providers. The fact is though that the current system is old, dating back to the 60's, has serious flaws, and can be hacked. It is also biased as travel agents bookings are swayed by the airlines they have preferred agreements with, which can skew the equation away from the traveler's best interests. Having 3 Big players with a virtual travel monopoly is not an ideal situation. Carriers are fighting back and airlines are changing strategy. Tension between airlines and the GDS caused by disputes has European airlines exploring models outside the GDS. To make the changes successful they cannot be restricted by outdated systems, old technology or financial burdens.
  •  
    It discusses the high fees of the GDS and the fact that their system needs to be upgraded. Also, the challenges airlines face with paying those fees and ways the airlines are making additional revenue without having to pay fees to the GDS.
  •  
    Due to the high fees some airlines were or are paying to the GDS companies, they are re-thinking their strategy to get more revenue out of the passengers, in order to mitigate the lost of revenue for not being anymore in an open GDS market like Amadeus. Amadeus knows they are the big gorilla in the market with a 44% of the share, compared to Sabre or Travelport, the other two leaders in the GDS market.
mfont039

Unattended POS Terminals - Technology That's All Around Us | DIGITAL EDGE - 0 views

  • The time has come for great growth and changes in this segment, leading the existing cashless payment industry in a new direction.
  • Taking today’s technological capabilities into account, such situations should be a thing of the past; old machines are being replaced by new, sophisticated machines which offer a service that is always available and fast, making their use and our everyday lives easier in the process.
  • Unattended POS Terminals are also experiencing strong growth because they meet users’ demands and priorities.
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  • Unattended POS Terminals and vending machines with the possibility of cashless and contactless payment are increasingly common, for example in launderettes for the payment of laundry services and purchase of cleaning supplies. Next are automatic carwashes which, along with cashless payment, also offer the possibility of purchasing other supplies such as window cleaning products, air fresheners or paper towels. Let us not forget about vending machines for food and drinks and those that offer other products such as earphones, cables or school supplies. Cashless payments are also unavoidable on highways.
  • their use is simple and speeds up the payment process, and adding to this the fast-growing trend of contactless payments, Unattended POS Terminals are finding their users and their purpose very quickly and easily
  • As the main driving forces of this industry, banks issue clients with contactless cards which enable fast and simple payments of smaller amounts by touching the card against the terminal without entering a PIN. Such micropayments are the key benefit of Unattended POS Terminals on vending machines.
  •  
    This article relates on the growth and efficiency of cashless & contact-less payment systems which are now part of the unattended POS systems. Their use allows for a fast & easy service and prevent people form worrying about whether they have enough change to pay for the parking meter or for the candy bar form the vending machine. The best part is the fact that the payment card can be placed nearby the device and the transaction can be processed; no need to put in a pin number and risk getting any financial information stolen.
aleliason1992

Redcar cyber-attack: Council using pen and paper - BBC News - 0 views

    • aleliason1992
       
      This article is about cyber security. I liked this article because it demonstrates cyber attacks on a smaller scale that still shows a massive inconvenience to those who do not back up their data and do not have their security systems up to date. it is clear to me that the easiest attacks of the future are cyber based and to leave yourself vulnerable to save a few bucks is a thing of the past.
lavendersheshe

How technology and eco-friendly practices are helping short-term rentals go green | PhocusWire - 0 views

  • The short-term rental industry faces a unique set of challenges when it comes to sustainability.Unlike hotels, where services like housekeeping and recycling are centralized on-site, rental homes are dispersed over a given region, which can make streamlining operations in an eco-conscious way somewhat difficult.
  • sustainability and operational efficiency are effectively the same thing.
    • lavendersheshe
       
      The hospitality industry uses sustainability as strategy to lower costs and reducing wasteful consumption through smart initiatives
  • keyless entry and smart temperature control to adjust the thermostat when properties aren’t in use.
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  • With smart thermostats, "it will save property managers money, but ultimately it creates a better guest experience
  • City Relay says, as part of its sustainability initiatives, it primarily uses technology to streamline communication channels. "That way, people don't have to congregate in a central space or drive across London to have a face-to-face meeting to get things done," says Helen Skeen, senior brand and content manager.
    • lavendersheshe
       
      Sustainability can be integrated into everyday operations in the simplest forms such as this example of taking advantage of communication technology to avoid driving all the way to the company to conduct meetings.
  • Having those digital lines of communication [through programs like Slack and Trello] is essential to being able to do the job, but also making sure that in doing that job, we're not wasting resources and increasing pollution
  • According to Airbnb, 88% of its hosts incorporate some form of green practice into their hosting, with 59% providing recycling, 39% providing information about public transportation, 47% providing bulk toiletries and 40% using green cleaning products.The company says it has seen an “overwhelming desire” from both hosts and guests to take steps to support sustainable travel, and Airbnb provides a toolkit for hosts with environmentally friendly tips.
    • lavendersheshe
       
      It is also important to take the time to educate people that host travellers in their homes different ways of promoting a sustainable stay.
  • being aware of the fact that - at least in the short-term - it's going to cost your business more.”
    • lavendersheshe
       
      For smaller companies that provide short term rental platforms it may be costly in the beginning to initiate sustainable practices but in the long run it would provide better results.
  • City Relay aims to educate guests and hosts about sustainability efforts with information in house manuals and through marketing materials and in the booking channel
  • , Airbnb is creating a new program that will offer $100 million to local initiatives around the world over the next 10 years. The grants will “focus on projects that promote cultural heritage, economic vitality and sustainable communities and demonstrate clear local impact
  •  
    AirBnb and City Relay discuss how they are implementing sustainability in the short term vacation rentals that host travellers in their business platforms. Sustainability has become a very important trend in tourism which travellers highly consider and these businesses see sustainability as a way of increasing operational efficiency.
yuqiongliang

Why Switching to a Cloud-Based PMS Could be a Good Idea | Hospitality Technology - 0 views

  • Very few hotel owners found their way home to the Cloud.
  • That means that approximately 70% of hotels still run operations on an on-premise PMS.
  • many hotel chains and larger franchises have not yet taken to the cloud. Instead, the majority of hotel cloud users are the smaller and mid-range independent hotels.
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  • Cloud systems mostly sell on a subscription basis and don’t include any maintenance costs.
  • he amount of time taken for migrating to a cloud system is somewhere between 15 days to a month. When it comes to historic data, it can be easily saved and used for predictive insights.
  • cloud PMSs are generally super easy to learn and are designed thoughtfully. With clear and easy guidelines on how to perform tasks and usually dedicated account managers, the whole experience of maneuvering around the product is simplified.
  • With the number of organizations trusting their data with server services like AWS, Microsoft Azure, IBM cloud and even Google, you can rest assured that your data is in good hands
  • Certain cloud systems enable integrations to various third-party hospitality tools like channel managers, revenue management systems, ERPs, accounting and reputation management systems to name a few.
  • Cloud systems ensure that all these tools function in a well-controlled ecosystem and in sync with each other. It can also boil down to personal preference.
  •  
    Here are 8 common questions and concerns among hotel executives wanting to know more about the use of cloud computing at their property.
alexsolano36

Oracle Hospitality's New Boss Sees Gaps in Its Hotel Tech Portfolio - Skift - 0 views

  • Oracle’s signature product is its hotel property management system, or PMS. This is a central database that keeps a master record on guest data.
  • 16 percent share of available hotel rooms globa
  • A wave of smaller rivals have been wooing hoteliers to cloud-based services billed via a subscription. Some say Oracle Hospitality has been slow to adopt that model because it cannibalizes its profitable sales of hardware and upfront license fees.
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  • Oracle Hospitality needs a better offering to address distribution issues
  • how a hotel company gets its inventory onto the right point-of-purchase at an optimal price with technology that doesn’t need heavy amounts of integration and that has real-time synchronization of data.”
  • taking real-time rates and inventory and putting more information behind them
  • o make their brand stand out, rather than sell rooms by lowest price.
  • But there’s an opportunity to embed more CRM capability inside our applications.
  • cloud, reference-ability, and growth
  • Less than 15 percent of Oracle Hospitality’s customers, such as hotels and restaurants, have some sort of cloud product from Oracle
  • adding features and functions.
  • Complaints about service and customer support abound
  • teroperability with other hotel tech systems
  • end-to-end ownership of a customer’s experience,
  • Protel is the largest rival and appears to be faster at adopting the cloud and new ways of exchanging data with hotel tech vendors.
  • agile, innovative, and competitive.”
  • Similarly, some hospitality technology brands have acquired or developed property management system technology
  • A.I. [artificial intelligence], which we means we can give hoteliers chatbot technology and data analytics and the best-available security.”
  • For example, it has approached revenue management software companies to do pilot tests. Oracle streamlined the technical integration work for faster onboarding, Alt said.
  • Oracle Hospitality has needed to look to the wider market for growth.
  • SynXis, a booking engine that hotels can add to their website or app. Tens of thousands of small groups and independents use it.
  •  
    This article talks about how Oracle has hired a new CEO who is trying to grow their hotel property management system (PMS). It currently has a 16% share of available hotel rooms globally. However, the article talks about how Oracle is facing competitors who are adopting cloud-based services with subscription models. Oracle is hesitant to do so because company executives believe that it will affect their hardware sales and upfront license fees. Oracle's customers also complain about the lack of integrating ability of their programs with other existing programs. The CEO says it is a priority that they improve on this but denies that there is a prevalent existing problem. The article talks about one of their competitors, Protel, which is actively using the cloud in its programs. Protel has become very popular because its open to integrating the cloud in their systems, along with other start-ups that have been successful as well. The CEO seems determined to defend the company and not admit it's defects. He won't even say he's turning the company around. He simply says that he is continuing to implement the same priorities that Oracle had before. This seems a little ignorant. But it was cool to examine how PMS systems with cloud integration have become increasingly popular in the hospitality industry.
aleliason1992

Single domestic GDS platform, better aircraft utilisation help Air India cut expenses - The Financial Express - 0 views

    • aleliason1992
       
      I think this is an interesting read about a smaller airline that ended up saving money by switching to only GDS ticketing. Their largest profit margins are found in domestic but have kept only their most popular flights. I think that this is an interesting way of maximizing profits but i think it would only work because they do not have a fully automated system. If they tried to expand their airline, i bet they would run into bigger problems with GDS.
  •  
    This article demonstrates the significance of GDS in cutting cut the operation costs in the airline industry, and thus, improves profitability. The article explains that Air India solved its financial problems by implementing GDS. The use of GDS in domestic ticketing helped the company to reduce its expenditure and earn more revenue. Thus, this is an effective method that modern airlines can use to increase their profit margins.
dyaniroberts

McDonald's Announces a Major Investment in Restaurant Technology - Linga POS - 1 views

  • McDonald’s noticed a juicy opportunity to upgrade their drive-thru technology, which drives 70% of their business, and swiftly bought the group that makes the AI software.
  • Golden Arched giant and its franchisees to increase average check, cash flow and quickness of service.
  • Self-service kiosks are also making their way into the spotlight and have been warmly welcomed by customers everywhere.  The most attractive aspect is that new cloud-based POS systems are able to be updated with a press of a button, and no restaurant downtime.
  • ...5 more annotations...
  • As casual-dining and fast-casual chains are quickly finding ways to add value and enhance customer experience, ordering your favorite restaurant meals is becoming easier. This is mainly due to the advent of online ordering apps, which have allowed more businesses a way to offer timely and affordable delivery options to their hungry customers.
  • The nations biggest quick-service chains have noticed the changes and are investing heavily to take advantage. “Technology is playing a bigger and bigger role in the restaurant industry,”
  • In the past, the ability of large fast-food chains to make these investments has given them a bigger sales edge over smaller quick-service companies.
  • A rise in upgraded POS options and features has encouraged many business owners to invest in technology in order to keep up with the competition.
  • The good news is that with restaurant technology developing so quickly many of these new features are going to be accessible
  •  
    Unattended POS systems in fast food restaurants like McDonalds can significantly improve their efficiency and remove the pressure from their staff. Restaurants like these are often short staffed. They feel significant impact when they do not have enough staff to support the amount of business that comes through their doors. The cashier often will have to assist in making orders as well, causing a further delay in the line. Adding this and their new drive through initiative, McDonalds will be able to maximize profit, produce more orders in one day and keep their customers waiting minimal amounts of time.
  •  
    This article focuses on the enhanced technology that fast food chains such as McDonald's are embracing to enhance their service and increase their productivity. An example of this is the self-service kiosks that many McDonald's have installed inside their restaurants. Consumers have adapted well to this technology because data shows that this has increased revenue over time, therefore proving how the unattended POS technology is helping companies be more cost efficient and increase sales.
sbaut010

GDS, OTA and Meta: What's the difference? | HotelMinder - 2 views

  • GDS, OTA and Meta: What’s the difference?
    • ansonj55
       
      The article covers the topics discussed in this week's topics related to Global Distribution Systems (GDS) and Online Travel Agency (OTA). It goes in detail regarding the difference and benefits of each. The landscape of the traveling industry changed in the late 1900s with the introduction of the GDS from the airline industry. Although costly, hotels are able to provide unsold rooms at a cheaper rate in order to secure bookings. Similarly, OTAs have gained popularity with the rise of use and reliance of the internet. Most beneficial of a OTA is more visibility for the hotel, since they invest a significant amount of capital in advertising. Whether a hotel is deciding whether or not to invest in a GDS or OTA, it is important to do a cost benefit analysis in order to determine which may be more beneficial to the property.
  • how can they help your hotel gain more online visibility and sell more rooms?
  • Hotels usually sell their rooms for 30% cheaper on GDS
  • ...26 more annotations...
  • GDS is a rather costly selling channel that mainly allows the sale of rooms in larger quantities to bigger companies (for corporate guests) or travel agencies (leisure travellers). Thus, small independent hotels usually do not need GDS.
    • ansonj55
       
      GDS is costly so it is not really beneficial for smaller, independent hotels.
  • With the rise of the internet, many websites began selling rooms without the need for human interaction. These sites very quickly gained important market share,
  • Metasearch engines are becoming important in the travel industry
  • We do encourage hotels to use OTA to be more visible online
  • many different accommodation options at one glance
  • Rather than trying to compete with them, it would be better to see them as another selling distribution channel instead.
  • OTA’s invest a lot in online marketing
  • developed metasearch engine tools.
  • With travellers using the internet more than ever to search and book hotels
  • hey usually do many different searches and visit several websites.
  • Increasing your online hotel visibility can be done in many ways.
  • OTAs: Online Travel Agencies
  • GDS: Global Distribution Systems
  • GDS stands for “Global Distribution System”
  • Travel agencies use GDS to get real-time availability, and preferred rates on flight tickets, hotel rooms and car rentals all over the world as it allows them to be very reactive when asked for a quote.
  • OTA stands for "Online Travel Agency"
  • They were first created by airline companies during the 1950’s to broaden hotel and car rental businesses by enabling automated transactions between travel service providers and travel agencies (traditional and online).
  • The three biggest GDS systems are: Amadeus, Sabre and Galileo (now owned by Travelport)
  • real-time availability
  • Central Reservation Services (CRS), such as Sabre, allow hotels to sell their rooms to all GDS simultaneously. However, it is up to the hotel whether to connect with only one or two GDS directly, without the need for a CRS. The good news is that some channel managers are also able to connect with GDS systems.
  • The most popular example is Booking.com, although Expedia (for corporate guests) and Hostelworld (for more economical accommodation options) are also well-known.
    • sbaut010
       
      GDS has become an industry of its own with its own markets.
  • Your hotel can usually be listed on an OTA free of charge by adding your hotel photos, descriptions, rooms, rates, etc. You can then choose how many rooms you’d like to sell through the OTA. The availability you’d like to sell as well as the room rate is your decision, and although appearing on the OTA is free, you will have to pay a commission of approximately 15% to 20% every time you get a booking.
    • sbaut010
       
      Through this system OTA, the middleman, will always take a form of commission.
  • Although they produce rather time-consuming work as you need to log into each of their extranets to update daily availability and rates, you can very easily connect an OTA to a channel manager to automate, or at least greatly facilitate these tasks.
  • They were created shortly after OTAs and display the current rates of many different hotels in a given destination.
  • Today, OTA’s are a must, and although metasearch engines are slightly more technical to manage, they can also be an attractive selling channel to consider.
  • For small independent hotels, GDS is usually too costly to be considered.
  •  
    This article introduces GDS, OTA and Meta in a short space. GDS stands for Global Distribution System, GDS is a rather costly selling channel that mainly allows the sale of rooms in larger quantities to bigger companies. Small independent hotels usually do not need GDS. OTA stands for Online Travel Agency. meta stands for Metasearch Engines. For small hotels, the cost of GDS is high and it is generally difficult to adopt. OTA and meta are two methods worth considering.
sbaut010

5 Critical Steps for Your Software Implementation Plan - 0 views

  • You’ve likely just purchased a new software system, which is a great step in the right direction for your business. Now it’s time to get a software implementation plan in place. Proper implementation will maximize the value of your new system.Businesses that fail to define and achieve a software implementation plan have wrecked the long-term value of the new system and wasted what resources were spent on the system.
  • You’ve likely just purchased a new software system, which is a great step in the right direction for your business. Now it’s time to get a software implementation plan in place. Proper implementation will maximize the value of your new system.Businesses that fail to define and achieve a software implementation plan have wrecked the long-term value of the new system and wasted what resources were spent on the system.
    • sbaut010
       
      This is the true importance of having an implementation plan.
  • Your vendor is a key stakeholder in your software implementation plan. The extent to (and cost at) which your vendor will support your implementation varies—but that doesn’t mean you shouldn’t squeeze as much assistance as possible from them.
  • ...4 more annotations...
  • Our research shows that getting the most from your vendor and new system actually starts during the selection stage.
  • Your needs document defines the capabilities your new system needs so that you can focus on what’s most important during your selection stage.
  • Larger businesses (50+ employees) might look to adopt formal project management systems (but that’s ironic as you’d theoretically need to implement that too). Midsize businesses (11-50 employees) could likely get by with free project management tools (such as Wunderlist) to help manage and assign implementation tasks. Smaller businesses (10 or fewer employees) could always just stay organized using Google Sheets, Calendars, and other manual digital methods.
  • To determine your needs, identify how many business units will be using the new system and estimate of the total number of users. The more business units/users adopting the software, the larger you’ll want your implementation team to be.
dyaniroberts

Importance of Accounting in the Hospitality Industry - 0 views

  • From an organizational viewpoint, the process of financial management is associated with financial planning and financial control.
  • Financial planning looks for to quantify various financial resources available and plan the scale and timing of expenditures.
  • Financial control refers to monitoring cashflow. Inflow is the money coming into a specific company, while outflow is a record of the expenditure being made by the company. Handling this activity of funds with regards to the budget is essential for a business.
  • ...11 more annotations...
  • The economic climate needs to provide the mechanism for professionals to easily trail performance from the budget, identify issues and quickly make adjustments, and create and use reports that will give them accurate financial status at any point in time
  • A proper accounting system is vital to any business whether big or small to be able to manage its daily functions and keep the businesses running efficiently.
  • Behind every successful business is a reasonable financial model.
  • hotel owners and professionals have the info they need to optimize performance in every operational area, from inventory and payroll to sales and marketing. They can reduce expenses, anticipate to accommodate guests during optimum business times, and scale back operations during sluggish periods.
  • the primary aim of the procedure of managing finances is to attain the various goals a company sets at a given point of time. Businesses also seek to create substantial amounts of profits
  • ust as essentially, there must be managers in place who are trained and in charge of meeting financial goals.
  • There are two broad types of accounting information: Financial Accounts: geared toward external users of accounting information and Management Accounts: aimed more at internal users of accounting information
  • Financial accounts summarize the performance of the business over a particular period and the situation at the end of that period.
  • The level of details required in these accounts displays how big is the business with smaller companies being required to prepare only quick accounts
  • Financial accounts concentrate on the business all together rather than analysing the component parts of the business. For example, sales are aggregated to give a amount for total sales rather than publish an in depth analysis of sales by product, market etc
  • Management accounts usually include a wide selection of non-financial information. For instance, management accounts often include examination of: Employees (number, costs, production etc. ), Sales volumes (units sold etc. ) and Customer ventures (e. g. variety of cell phone calls received into a call centre)
  •  
    This article discusses the importance of accounting in the hospitality industry and how the data that is found is utilized in creating the budget that the property must follow. Companies hire managers and directors who are responsible in forecasting, and ensuring their respective departments meet the budgetary goals for the period / year.
wanqian

Information technology and the independent hotel - failing to make the connection? | International Journal of Contemporary Hospitality Management | Vol 7, No 6 - 1 views

  •  
    IT in hospitality is most depends on the multiple factors:1. we are using methodology to analyze which are the most factors to be easier effected the people who in hospitality. 2. Findings. Only half of independent hotels use any form of information technology.Smaller hotels are less likely to use IT with only 26 per cent of those hotels with less than 20 rooms being users.Factors such as location, i.e. whether a hotel is situated in a rural or urban environment, seem not to affect use. 3. user and non-user. The profile of the hotel manager himself/herself was a significant determinant in the adoption of IT and those managers who do not use IT are generally older and have poor academic qualifications. This indicated that the more young manager or stuff in independent hotel, the most often IT system or hardware and software being used. Those who did not use IT in their hotels gave the main reason for this lack of use as the cost of the systems involved although 58 per cent could perceive a positive benefit provided by a computer system which would indicate an undeveloped market for hardware and software suppliers. Concerns were expressed at the plethora of software and hardware (which made it difficult for non‐users to make a choice), the lack of independent advice, and the difficulty of keeping abreast of technology with the volume of hardware and software emerging daily. This seems to indicate that the fear of making a poor choice prevents some non‐users from making any choice. So it is seems like concerns with the unfamiliar especially in the non touchable IT area, being a barrier for the older manager from independent hotel keep in touch with IT. IT has much to offer in terms of competitive advantage. This survey recommend those non-IT hotel being changed, even with many of the barriers on their face, let the IT come to your life and make your business more easier and profitable. If we intend to get the survey as more specific as we can, which means we
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