Copyright 1995-2024 Hsyndicate.com http://www.hsyndicate.org/ Top Stories - Latest Hospitality and Hotel Industry News and Events en-us Thu, 02 May 2024 16:35:00 GMT content@hsyndicate.com davy@hsyndicate.com Hsyndicate RSS FeedGenerator 5 http://www.hsyndicate.org/news/4121783.html http://www.hsyndicate.org/news/4121783.html Thu, 02 May 2024 14:24:32 GMT In the hospitality industry, managing multiple properties transcends simply expanding the number of locations; it involves elevating the guest experience to new heights. At the core of this strategy is the creation of a unified guest profile, ensuring that guests enjoy a seamless experience across different venues within the same hotel chain. This integration is not just convenient but essential for fostering guest loyalty and enhancing satisfaction. http://www.hsyndicate.org/news/4121782.html http://www.hsyndicate.org/news/4121782.html Thu, 02 May 2024 13:53:52 GMT \n http://www.hsyndicate.org/news/4121778.html http://www.hsyndicate.org/news/4121778.html Thu, 02 May 2024 13:05:45 GMT An effective partnership between the Chief Marketing Officer (CMO) and Chief Financial Officer (CFO) is crucial, as research shows that finance and marketing are intrinsically linked. Therefore, aligning marketing initiatives with the broader financial strategy leads to better performance. CMOs are tasked with deploying budgets in ways that they believe will maximize business growth through strategic marketing efforts. Simultaneously, CFOs are responsible for overseeing the company's financial health, ensuring budgets are allocated wisely and costs are controlled to safeguard and enhance the organization's financial standing. http://www.hsyndicate.org/news/4121769.html http://www.hsyndicate.org/news/4121769.html Thu, 02 May 2024 13:05:20 GMT In response to the post-pandemic demand surge and faced with constricted inventory due to labor shortages, rising supply costs, and other challenges, hoteliers pushed their prices back to pre-pandemic levels in record time. It was understandable that hoteliers would push rate - a hotel's goal is to maximize revenue and profit, and they had a lot of missed opportunity to make up for. People were so happy to be traveling again that they paid. http://www.hsyndicate.org/news/4121775.html http://www.hsyndicate.org/news/4121775.html Thu, 02 May 2024 12:38:52 GMT Plugging the huge shortage of staff in the hospitality sector is a narrative we’ve been grappling with for years now. People are no longer surprised to hear that there are more than 100,000 vacancies in hospitality at any one time, nor that the proportion of vacancies has increased by 48% since the Covid-19 pandemic (UK Hospitality). http://www.hsyndicate.org/news/4121781.html http://www.hsyndicate.org/news/4121781.html Thu, 02 May 2024 12:22:20 GMT In a significant development, the Australian Revenue Management Association (ARMA) - a major peak body representing revenue and yield management in the hospitality and tourism industry - has officially endorsed Intellisoftware Pty Ltd's AI-driven Revenue Management System (RMS) Hotel RevBoost as part of a broader strategic partnership with the company. http://www.hsyndicate.org/news/4121767.html http://www.hsyndicate.org/news/4121767.html Thu, 02 May 2024 13:05:30 GMT If I had a dollar for every time I heard artificial intelligence or “AI” mentioned over the last year, well, you know the rest of that saying. And much like when you repeat a word so many times, it starts to lose its meaning – the discussions surrounding the blistering proliferation of artificial intelligence technology have begun to lose some of their impact. Working within the realm of hospitality technology, I understand – rather intimately – the transformative effect of digital tools that leverage the power of AI and machine learning (ML). http://www.hsyndicate.org/news/4121777.html http://www.hsyndicate.org/news/4121777.html Thu, 02 May 2024 08:49:30 GMT \n http://www.hsyndicate.org/news/4121776.html http://www.hsyndicate.org/news/4121776.html Thu, 02 May 2024 08:41:45 GMT \n http://www.hsyndicate.org/news/4121774.html http://www.hsyndicate.org/news/4121774.html Thu, 02 May 2024 08:27:32 GMT Guests staying at Home2 Suites by Hilton now have access to seamless mobile ordering and delivery via Grubhub Onsite, available at nearly 600 properties nationwide. With access to Grubhub’s Marketplace of more than 355,000 merchants, guests who affiliate with their hotel will receive one free month of Grubhub+, Grubhub’s loyalty program that provides customers unlimited $0 delivery fees on eligible orders.