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Global Newsletter: May 28 4Hoteliers.com ~ Click title to read the article Monday, 28th May 2018
TODAY: How hotel brands are cracking the home rental market, Blackstone exits Hilton after 11 years and Do It For The Gram: The Top 5 Hotel Photos Guaranteed To Get The Likes Rolling In.
How hotel brands are cracking the home rental market Monday, 28th May 2018
With homesharing apps now a firm fixture on the smartphones of many travelers, big name hotel brands are increasingly looking to build their own presence in the home rental market – and are doing it in their own way.
All these moves have one thing in common: A concerted effort by the hotel industry to adapt to the disruption wrought by the growth of homesharing platforms, which offer alternative accommodation options in diverse locations—often at a lower price point >> Blackstone exits Hilton after 11 years 28 May 2018 : Blackstone, the New York-based private equity firm, has agreed to sell its close to 16 million* shares of Hilton Worldwide after 11 years of ownership, for an estimated $1.3 billion >> First Unbound Collection by Hyatt to open in China 28 May 2018 : Hyatt and the Jinmao Group proudly unveiled Jinmao Hotel Lijiang, which rebranded from a Grand Hyatt hotel to Jinmao Hotel Lijiang in The Unbound Collection by Hyatt >> MO to cease management of Las Vegas property 25 May 2018 : Mandarin Oriental Hotel Group has received notice of termination of its management agreement for Mandarin Oriental, Las Vegas and will cease managing the hotel with effect from 30 August 2018 >> The pop-up hotel trend is here to stay 27 May 2018 : For most, going on vacation means staying in a hotel: However, a new trend has taken off in the hospitality industry called pop-up hotels, they hold appeal for a new generation of travelers, especially millennials looking for unique travel experiences >> HIGHLIGHT ARTICLE
Artificial Intelligence: What It Is and Why It Matters Monday, 28th May 2018
Most AI examples that you hear about today – from chess-playing computers to self-driving cars – rely heavily on deep learning and natural language processing.
Using these technologies, computers can be trained to accomplish specific tasks by processing large amounts of data and recognizing patterns in the data >> Do It For The Gram: The Top 5 Hotel Photos Guaranteed To Get The Likes Rolling In It’s becoming increasingly more common for people to first open up Instagram to look for a brand, destination, or other content before heading to a search engine to find this information and with changing consumer behaviors, it’s more important than ever for hotel brands to have an Instagram and be producing content that people are looking for >> $75 Billion Dollars Is Lost Due to Poor Customer Service Two years ago I reported on NewVoiceMedia’s 'serial switchers' report that indicated that $62 billion was lost due to poor customer service, that number, in their new report now has that number pegged at $75 billion! That’s a lot of lost business! Here’s my take on this >>
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