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Lessons from retail: what can hospitality learn from the retail value chain?

Hospitality Net

The retail industry is one of the world’s most pervasive, and one that every one of us interacts with on a daily basis. That’s why global retail sales are projected to reach around $33 trillion by 2026. When’s the last time you purchased something?

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Unlocking the Power of AI Innovation in Airline Retailing

Skift Blog

Skift Take: As travelers seek more customizable options, airline retailing is modernizing to offer AI-powered ancillary offer management. This shift enhances the passenger experience and provides airlines with new revenue streams through targeted and personalized offerings. PROS Read the Complete Story On Skift

Retail 284
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New Research: Understanding the Hidden Costs of Direct-to-Consumer Retailing

Skift Blog

A new report from Travelport delves into the complexities and nuances of this shift, making a case for modern retailing that puts the consumer first. Skift Take: In today’s rapidly evolving travel landscape, the trend toward direct-to-consumer (DTC) models has brought both opportunities and challenges.

Retail 247
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Presenting Global Retail Tourism: Trends and Insights

Hospitality Net

A thought leadership event exploring the significant untapped potential of retail tourism took place at La Roca Village, part of The Bicester Collection, in Barcelona today, concluding with a resounding call for attention to the importance of retail tourism.

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Luxury Escapes enters physical retail with opening of ‘opulent’ Melbourne store

Hotel Management

Travel company Luxury Escapes is entering the world of bricks-and-mortar stores with the opening of a retail concept in Melbourne’s Chadstone Shopping Centre. The travel company said the store “reinvents the concept of travel retail” and delivers “a truly unique shopping experience” for customers.

Retail 246
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Paytech Prommt partners with HRS Hospitality and Retail Systems

Hospitality Net

Leading payment request platform Prommt has, today, announced a partnership with HRS Hospitality and Retail Systems, a major IT supplier to the hospitality and retail sectors. Prommt is a payment request platform that enables businesses to easily request, collect, and track remote and over-the-phone payments.

Retail 199
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With ABS, hoteliers can leverage retail best practices

Hospitality Net

Whether it’s adding extra pepperoni on a pizza, choosing add-ons when booking an airline ticket to AI-driven product recommendations in retail e-commerce, consumers are routinely exposed to personalization mechanisms in their shopping experiences. We have become accustomed to control over our purchases. So, what about hotels?

Retail 239