TODAY: What will be the hotel room of the future?, EU General Data Protection Regulation takes effect soon, gaps between AI ambition and execution.
What will be the hotel room of the future?
Accorhotels has made an interactive hotel room timeline inspired by the last century’s evolutions, travel through time with a hotel room and immerse yourself in the Roaring Twenties or in the modern style the future may bring.
To every era its own style, to every style its own room.
General Data Protection Regulation takes effect soon: Hotels be ready.
The EU General Data Protection Regulation is coming, it will take effect from 25 May 2018 and hotels need to create a plan to be ready for it; Start your hotel’s GDPR preparation now, and get your data in order.
Most companies have big gaps between AI ambition and execution.
More than three-quarters of business executives expect artificial intelligence (AI) to create competitive advantage or new lines of business for their companies, but only about one in five companies has incorporated artificial intelligence in some offerings or processes today, and only one in 20 companies has extensively incorporated AI into its current offerings or processes.
UAE’s hospitality projects value crosses Dh262 billion in Sept 2017.
The total value of 543 hospitality projects in the UAE reaches Dh262 billion (more than US$71 billion) in September 2017, of all the hospitality projects in Dubai, 20 projects worth USD 1.1 billion moved to construction phase in Q2 2017 and four hospitality projects with a combined value of Dh1.93 billion were completed in August 2017.
Featured Articles....
Hotelier’s Guide To 2018 Digital Marketing & Technology Budget Planning.
Budgeting season: the time to analyze what initiatives are driving performance, review trends in the industry that should be taken into account when constructing your budget, and start thinking about any major upgrades your property needs to take in its digital technology and marketing strategy.
Measuring and Incentivizing Front Desk and Reservations Upselling.
Chances are that like most hoteliers this time of year you are busy formulating your financial game plan for 2018; If so, I’m pretty sure your owners or asset managers are looking for more revenue, as all owners seem to do every year and with occupancies performing well in most markets, unless you are planning to build more hotel rooms the only way to squeeze out more revenue is to increase ADR.
Implementing a front desk and reservations upselling program, or improving the one already in place, can help your hotel achieve its revenue goals.
An Analysis Of Franchise Fees.
In the current market environment of modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses.
One expense that management has less control over are franchise fees. Most of the fees charged by the franchising companies (brands) are assessed as a percent of a source of revenue. Therefore, owners and operators have mixed emotions when franchise-related costs rise. After all, if you are paying more franchise fees, then it is likely that your property’s revenue is also on the rise.
Popular Articles:
New Technologies Soon to Revolutionize The Way We Book Our Travels.
5 Problems with China's 5-star Hotels.
Meeting Internal Challenges for Revenue Management.
Hotelier’s Action Plan to Maximize Revenues from the Google Ecosystem.
Most Read News:
Ctrip adds 'Hotel Plus' to upsell hotel services.
Hotel market update on Taiwan.
The last 10 years of Booking.com.
Focus: Ibiza, Spain.
