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For decision-makers in hospitality, the ROI is clear: better customer satisfaction, higher retention, and a stronger brand reputation. In a competitive market where brand loyalty is earned through relevance and reliability, integrating AI-driven customer intelligence isnât just a tech upgrade, itâs a strategic advantage.
In a maturing market, the old rules often don’t apply. Here’s what it really means to be a data-driven PMC in a saturated market—and how to use that mindset to stay ahead. Shift from reactive to proactive Saturated markets favor operators who move quickly and strategically. Are service tickets closed on time?
Predictive Demand Forecasting Predictive analytics utilizes historical data, market trends, and external factors to forecast future demand. Dynamic Pricing Strategies Dynamic pricing involves adjusting room rates in real time based on demand, competition, and market data. Booking Behavior : Frequency, channels, lead times.
has closed on the sale of the 316-room Hyatt Centric Fishermans Wharf located in San Francisco for $80 million, or $253,000 per key. Proceeds from the sale will be used for ongoing ROI projects in Parks portfolio and for other general corporate purposes. Park Hotels & Resorts Inc. Baltimore Jr.,
In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Reduce dependency on high-commission platforms by optimizing high-ROI owned channels. What Is Data Analytics in the Hospitality Industry?
In this article, we explore how data analytics and AI are reshaping decision-making in the hospitality industry, with practical applications in hotel operations, marketing, and guest experience. Reduce dependency on high-commission platforms by optimizing high-ROI owned channels. What Is Data Analytics in the Hospitality Industry?
As a leader in revenue management consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenue management trends keep evolving. Forecasting: Using historical data and market trends to predict future demand and optimise pricing accordingly. To AI or Not to AI?
AI-powered business intelligence agents now allow operators to synthesize data from the PMS, revenue management systems, and market sources in real time. In todays volatile market conditions, such agility is vital. AI-powered platforms help personalize outreach, retarget guests, and maximize advertising return on investment (ROI).
Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what’s trending in hotel marketing. So the three that you mentioned, hospitality, travel, and wellness, are the markets that I have the privilege of running. I mean, the market’s in an interesting spot. I’m your host, Ryan Embree.
According to Global Market Insights, the AI market in the hospitality sector is projected to exceed $1.2 These signals highlight a pivotal shift: hotels that harness AI now are positioning themselves to win in a market shaped by traveler expectations for real-time, customized touchpointsand greater efficiency across the board.
And as market conditions shift, so do the insightsâmaking this tool an agile companion in todayâs fast-moving hospitality landscape. This eliminates the need for an external media player, saving on additional expense and energy, for maximum ROI. Agilysys Book with S.P.E.N.D.
Hoteliers and developers can easily integrate third-party solutions including point-of-sale, telephony and communication, guest services and in-room technology, accounting and finance, guest communication and marketing, and distribution and booking channels. âTravel is an $11 trillion market,â Bidner said.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels. The trial includes full platform access, onboarding, and expert support.
This eliminates the need for an external media player, saving on additional expense and energy, for maximum ROI. All devices are connected to Anacoveâs AI-powered cloud system, which treats the hotel as a unified ecosystemâ delivering automated reports and actionable insights that show clear ROI and support smarter operations.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels. To see the OPERA Cloud platform in action visit HITEC booth #4015 on June 16-19 th.
This enables proactive engagement with potential guests in high-demand feeder markets before it becomes apparent to competitors â an important tool to remain profitable, even offseason or during times of weakened demand. He has worked closely with Gibbs and the entire Yum! 6/16/2025 Chris Turner Promoted to CEO of Yum! Brands Yum!
All devices are connected to Anacoveâs AI-powered cloud system, which treats the hotel as a unified ecosystemâ delivering automated reports and actionable insights that show clear ROI and support smarter operations. LAN service providers are enabled to provide more customized solutions to their hospitality clients.
This enables proactive engagement with potential guests in high-demand feeder markets before it becomes apparent to competitors â an important tool to remain profitable, even offseason or during times of weakened demand. He has worked closely with Gibbs and the entire Yum! 6/16/2025 Chris Turner Promoted to CEO of Yum! Brands Yum!
In Booth #908 at the Indiana Convention Center, June 17 to 19, the audiovisual partners will show that with the right operational structure and support, in-house AV programs can deliver measurable ROI while strengthening guest loyalty. That structure is what generates ROI and loyalty. âOur platform gives them a playbook.
announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. The Nomadix solution is one of the lowest cost-of-ownership offerings on the market, while also achieving a quick return on investment (ROI).
Cvent IQ combines powerful AI capabilities with deep industry expertise, proprietary insights and analytics, a smart platform, and intelligent infrastructure to help marketers, event planners, and hospitality professionals move faster and smarter, collaborate better, and deliver more engaging, high-return experiences.
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In that year, the company has seen rapid adoption, now serving hundreds of hotels and securing major clients such as HHM Hotels, which praised Folio for delivering clear ROI and operational efficiencies. Financial Impact: The new entity is projected to process over $700 million in transactions within its first year of combined operations.
The portfolio of solutions provides full-service, mid-scale, and limited-service hotels a range of connectivity options for delivering customized guest Wi-Fi experiences that meet the unique demands of each market segmentâfrom luxury to budget hotels. To see the OPERA Cloud platform in action visit HITEC booth #4015 on June 16-19 th.
Thatâs a compelling ROI argument for sustainability-focused investments, especially when margins are tight. While serving as a personal concierge, HCN tablets are actually a marketing engine in each guestroom, providing hoteliers with a highly targeted communication platform capable of integrating loyalty programs for deep personalization.
Hoteliers and developers can easily integrate third-party solutions including point-of-sale, telephony and communication, guest services and in-room technology, accounting and finance, guest communication and marketing, and distribution and booking channels. âTravel is an $11 trillion market,â Bidner said.
In her role, Secor oversees restaurant operations, technology, and training, while collaborating cross-functionally with departments including supply chain, marketing, and development. announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals.
In his new role, he will oversee all aspects of the brandâs franchise development strategy, with a focus on new market expansion and both traditional and non-traditional growth opportunities worldwide. PAR Engagement brings together loyalty, marketing & offers, ordering, and guest data into one deeply integrated platform.
The transaction is subject to customary closing conditions. PAR Engagement brings together loyalty, marketing & offers, ordering, and guest data into one deeply integrated platform. Connecting marketing, loyalty, and ordering systems into one integrated platform, eliminating data silos and unifying the digital guest journey.
PAR Engagement brings together loyalty, marketing & offers, ordering, and guest data into one deeply integrated platform. Connecting marketing, loyalty, and ordering systems into one integrated platform, eliminating data silos and unifying the digital guest journey. Every Guest Journey. and Canada.
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The aim is to generate a hotel return on investment (or hotel ROI); money that you can either reinvest in the business or extract as profit. It could be that you’re buying a hotel business or investing in one you already own through things like property extensions and renovations, hotel marketing, employee training and hotel software.
Real estate email marketing ideas are effective for maximizing your ROI. After all, Fit Small Business reports that email marketingROI for real estate businesses is $36 per $1 spent going into 2024. Why else should you use email marketing for real estate? percent and click-through rates 1.27
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For a good reason, commercial real estate marketing is a hot topic. According to eMarketer , digital marketing spending surpassed traditional marketing channels for the first time in 2019. And how will you know if your business marketing dollars are producing a decent return on investment?
Keeping up with the busy real estate market means real estate digital marketing can take the backseat. If you’re not keeping up with digital marketing in the real estate business, you’re missing out on leads. What is real estate digital marketing? Hiring a real estate digital marketing agency can make it easier.
In a competitive market, a strong safety culture sets hotels apart, attracting socially conscious travelers. Moreover, a strong safety culture can differentiate the hotel from a saturated market, attracting a broader clientele, especially socially conscious travelers, thus ensuring higher returns and a strengthened brand.
With the increasing competition in the field of plastic surgery, the adoption of efficient digital marketing tactics can be the key to attracting potential patients, establishing a prominent online presence, and ultimately enhancing the overall success of your practice. But what exactly is plastic surgery digital marketing?
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